About
A senior journalist and news editor with interest.co.nz, David Hargreaves has covered financial markets and economics both in New Zealand and Britain for longer than he cares to mention.
David Hargreaves
Latest articles
[updated]
The deficit between what we earn overseas and what we spend narrows considerably in moves that will please global credit rating agencies
17th Sep 25, 11:19am
2
The deficit between what we earn overseas and what we spend narrows considerably in moves that will please global credit rating agencies
The economy is likely to start recovering this summer from the Reserve Bank's enforced recession - but are there better ways of controlling inflation in future than pressurising those with mortgages?
17th Sep 25, 10:43am
9
The economy is likely to start recovering this summer from the Reserve Bank's enforced recession - but are there better ways of controlling inflation in future than pressurising those with mortgages?
Activity slumped in the services sector again last month, echoing a drop in the manufacturing sector and suggesting the anticipated pick-up in economic activity is struggling to get started
15th Sep 25, 11:13am
16
Activity slumped in the services sector again last month, echoing a drop in the manufacturing sector and suggesting the anticipated pick-up in economic activity is struggling to get started
GDP figures out in the coming week will likely show our economy stalled again in the second quarter of the year - but there's already signs of a pick-up kicking in, giving confidence that the worst is behind us
14th Sep 25, 6:31am
21
GDP figures out in the coming week will likely show our economy stalled again in the second quarter of the year - but there's already signs of a pick-up kicking in, giving confidence that the worst is behind us
Withdrawals from KiwiSaver by the over 65s dropped in the past year, even though 13,000 more people were eligible for withdrawals
10th Sep 25, 2:31pm
1
Withdrawals from KiwiSaver by the over 65s dropped in the past year, even though 13,000 more people were eligible for withdrawals
Forsyth Barr analysts have crunched the numbers on ‘company earnings season’ and think we may have seen the low point
10th Sep 25, 8:58am
1
Forsyth Barr analysts have crunched the numbers on ‘company earnings season’ and think we may have seen the low point
Manufacturing volumes fell 2.9% in the June quarter, prompting BNZ economists to forecast a GDP drop of 0.5% for the quarter
9th Sep 25, 1:51pm
10
Manufacturing volumes fell 2.9% in the June quarter, prompting BNZ economists to forecast a GDP drop of 0.5% for the quarter
Latest monthly RBNZ figures show that the preference for one-year fixed mortgages was consolidated in July, while the brief fling with floating rates is dying off
4th Sep 25, 3:46pm
Latest monthly RBNZ figures show that the preference for one-year fixed mortgages was consolidated in July, while the brief fling with floating rates is dying off
Swedish giant retailer IKEA will launch its first NZ shop at Auckland's Sylvia Park 21 days before Christmas
4th Sep 25, 11:51am
5
Swedish giant retailer IKEA will launch its first NZ shop at Auckland's Sylvia Park 21 days before Christmas
[updated]
Fletcher Building and SkyCity are 'working closely together to understand any impacts' from the supply of fire doors for the convention centre that could potentially be contaminated by asbestos
4th Sep 25, 10:47am
16
Fletcher Building and SkyCity are 'working closely together to understand any impacts' from the supply of fire doors for the convention centre that could potentially be contaminated by asbestos
The great mortgage reset has kicked into a new, higher gear in the past few months
3rd Sep 25, 2:00pm
9
The great mortgage reset has kicked into a new, higher gear in the past few months
Latest Reserve Bank figures show that the amount of non-performing housing loans dropped by $55 million in July - the biggest monthly fall since late 2020 when the brief pandemic spike was unwinding
1st Sep 25, 11:47am
7
Latest Reserve Bank figures show that the amount of non-performing housing loans dropped by $55 million in July - the biggest monthly fall since late 2020 when the brief pandemic spike was unwinding
Latest ANZ Business Outlook Survey shows business confidence generally was actually lower after the Reserve Bank's 'dovish' shift last week - but residential construction intentions were 'markedly higher'
28th Aug 25, 1:33pm
Latest ANZ Business Outlook Survey shows business confidence generally was actually lower after the Reserve Bank's 'dovish' shift last week - but residential construction intentions were 'markedly higher'
Monthly filled jobs data shows a rise for the second consecutive month - the first time in nearly two years there's been two consecutive gains
28th Aug 25, 11:18am
4
Monthly filled jobs data shows a rise for the second consecutive month - the first time in nearly two years there's been two consecutive gains
[updated]
Six months after Adrian Orr left the Reserve Bank, the RBNZ - on the request of the Chief Ombudsman - has released a timeline to Orr's negotiated resignation, including the RBNZ board withdrawing a letter it sent raising several issues with Orr
28th Aug 25, 10:36am
7
Six months after Adrian Orr left the Reserve Bank, the RBNZ - on the request of the Chief Ombudsman - has released a timeline to Orr's negotiated resignation, including the RBNZ board withdrawing a letter it sent raising several issues with Orr
Our national airline is forecasting pre-tax earnings for the first half of the new financial year of only about $34m - the same as for the second half of the year just finished
28th Aug 25, 9:30am
Our national airline is forecasting pre-tax earnings for the first half of the new financial year of only about $34m - the same as for the second half of the year just finished
What really changed in last week's Official Cash Rate review? Mostly it was about getting Kiwis in the right frame of mind to drive an economic recovery
27th Aug 25, 11:11am
12
What really changed in last week's Official Cash Rate review? Mostly it was about getting Kiwis in the right frame of mind to drive an economic recovery
Latest Reserve Bank figures show that the amount of mortgage money changing loan providers hit a new high of $2.6 billion last month
26th Aug 25, 3:33pm
3
Latest Reserve Bank figures show that the amount of mortgage money changing loan providers hit a new high of $2.6 billion last month
Forsyth Barr analysts give Fonterra's $4.22b sale of its consumer businesses to French giant Lactalis a big tick and say the price was ahead of their expectations
26th Aug 25, 10:32am
1
Forsyth Barr analysts give Fonterra's $4.22b sale of its consumer businesses to French giant Lactalis a big tick and say the price was ahead of their expectations
[updated]
An unexpected rise in retail sales activity for the June quarter suggests 'there may be life in the old economy yet'
25th Aug 25, 11:18am
5
An unexpected rise in retail sales activity for the June quarter suggests 'there may be life in the old economy yet'
Mike Jones says mortgage fixing behaviour now appears less sensitive to current relative pricing, and more focused on the risks and opportunities from the shape of the next interest rate cycle
21st Aug 25, 1:58pm
Mike Jones says mortgage fixing behaviour now appears less sensitive to current relative pricing, and more focused on the risks and opportunities from the shape of the next interest rate cycle
Reserve Bank admits surprise that house prices have not been increasing - but points out only about half the impact of interest rate cuts made so far has fed through into the economy
21st Aug 25, 10:58am
62
Reserve Bank admits surprise that house prices have not been increasing - but points out only about half the impact of interest rate cuts made so far has fed through into the economy
Fonterra's now indicating farmer shareholders will get $10.15 per kilogram of milk solids for the season that finished in May
21st Aug 25, 10:42am
1
Fonterra's now indicating farmer shareholders will get $10.15 per kilogram of milk solids for the season that finished in May
[updated]
When doves fly: Reserve Bank sees potential for two further OCR cuts by early next year and warns cautious behaviour by households and businesses could further dampen economic growth; Hawkesby has applied for RBNZ Governor job
20th Aug 25, 2:14pm
41
When doves fly: Reserve Bank sees potential for two further OCR cuts by early next year and warns cautious behaviour by households and businesses could further dampen economic growth; Hawkesby has applied for RBNZ Governor job
Fletcher Building has taken an over $700m hit on writedowns and given the clearest indication yet that it is going to sell its residential and development unit in addition to the troubled construction business
20th Aug 25, 9:46am
3
Fletcher Building has taken an over $700m hit on writedowns and given the clearest indication yet that it is going to sell its residential and development unit in addition to the troubled construction business