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
BNZ chief economist Mike Jones says going short has 'tended to pay off' but he is 'compelled to offer a few competing viewpoints'
22nd Jan 25, 10:41am
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BNZ chief economist Mike Jones says going short has 'tended to pay off' but he is 'compelled to offer a few competing viewpoints'
[updated]
Monthly retail spending figures ended the year on a stronger footing after much weakness in spending throughout 2024
21st Jan 25, 11:38am
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Monthly retail spending figures ended the year on a stronger footing after much weakness in spending throughout 2024
[updated]
Activity in NZ's services sector contracted further in December, matching a more contractionary performance in the month from the manufacturing sector as well
21st Jan 25, 10:47am
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Activity in NZ's services sector contracted further in December, matching a more contractionary performance in the month from the manufacturing sector as well
David Hargreaves says the December quarter inflation figures to be released in the coming week should paint a 'so-far-so-good' picture, but further out the view looks rather more murky
19th Jan 25, 6:30am
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David Hargreaves says the December quarter inflation figures to be released in the coming week should paint a 'so-far-so-good' picture, but further out the view looks rather more murky
[updated]
Statistics NZ's Selected Price Indexes show moderate price pressures over December, indicating few likely nasty surprises in next week's December quarter inflation figures
16th Jan 25, 11:25am
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Statistics NZ's Selected Price Indexes show moderate price pressures over December, indicating few likely nasty surprises in next week's December quarter inflation figures
Westpac says spending on its credit and debit cards was up just 2% in December compared with the previous year
16th Jan 25, 9:30am
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Westpac says spending on its credit and debit cards was up just 2% in December compared with the previous year
Westpac McDermott Miller Employment Confidence Survey shows rise, but confidence remains close to its lowest levels since the 2020 Covid lockdown
15th Jan 25, 10:28am
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Westpac McDermott Miller Employment Confidence Survey shows rise, but confidence remains close to its lowest levels since the 2020 Covid lockdown
Economists see latest NZIER Quarterly Survey of Business Opinion as clearing the way for a further substantial cut to the Official Cash Rate next month
15th Jan 25, 9:34am
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Economists see latest NZIER Quarterly Survey of Business Opinion as clearing the way for a further substantial cut to the Official Cash Rate next month
Floating mortgage rates see a huge surge in popularity, with over $3.5 billion of lending done at floating rates in November, according to new RBNZ figures
13th Jan 25, 3:55pm
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Floating mortgage rates see a huge surge in popularity, with over $3.5 billion of lending done at floating rates in November, according to new RBNZ figures
Latest Stats NZ figures show filled jobs rose by nearly 6,000 in November - the first monthly rise since March 2024
13th Jan 25, 11:32am
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Latest Stats NZ figures show filled jobs rose by nearly 6,000 in November - the first monthly rise since March 2024
Latest ANZ Business Outlook survey shows companies reporting a significant increase in activity - but there was a 'surprising' rise in expected costs as well
19th Dec 24, 1:28pm
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Latest ANZ Business Outlook survey shows companies reporting a significant increase in activity - but there was a 'surprising' rise in expected costs as well
The deficit between what we earn overseas and what we spend has dropped to 6.4% of GDP, but remains at levels seen as too high by economists
18th Dec 24, 10:59am
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The deficit between what we earn overseas and what we spend has dropped to 6.4% of GDP, but remains at levels seen as too high by economists
DairyNZ says a combination of higher income and reduced interest costs will result in 'a substantial increase in cash surplus' for the country's dairy farmers
17th Dec 24, 2:43pm
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DairyNZ says a combination of higher income and reduced interest costs will result in 'a substantial increase in cash surplus' for the country's dairy farmers
NZIER's latest quarterly consensus forecasts see higher household spending on the back of interest rate falls, but GDP growth forecasts are virtually unchanged from the previous quarter
17th Dec 24, 12:01pm
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NZIER's latest quarterly consensus forecasts see higher household spending on the back of interest rate falls, but GDP growth forecasts are virtually unchanged from the previous quarter
[updated]
Statistics NZ's Selected Price Indexes show continuing subdued pricing pressures - other than a spike in air fare and accommodation costs that 'coincided' with performances around the country by several global overseas artists
16th Dec 24, 11:38am
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Statistics NZ's Selected Price Indexes show continuing subdued pricing pressures - other than a spike in air fare and accommodation costs that 'coincided' with performances around the country by several global overseas artists
Activity in NZ's services sector has improved, but still remains at contractionary levels, while manufacturing has moved further into contraction
16th Dec 24, 10:49am
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Activity in NZ's services sector has improved, but still remains at contractionary levels, while manufacturing has moved further into contraction
David Hargreaves examines the upcoming GDP figures, likely to show our economy having contracted for five out of the last eight quarters
15th Dec 24, 6:30am
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David Hargreaves examines the upcoming GDP figures, likely to show our economy having contracted for five out of the last eight quarters
David Hargreaves examines the prospects for a New Year that appears to offer a lot - but in both potentially good and bad ways
14th Dec 24, 9:40am
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David Hargreaves examines the prospects for a New Year that appears to offer a lot - but in both potentially good and bad ways
Monthly retail spending figures were flat in November after showing the strongest rise in months in October
12th Dec 24, 11:33am
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Monthly retail spending figures were flat in November after showing the strongest rise in months in October
Latest Reserve Bank figures show a sharp rise in the amount of new borrowing on floating rates, while among fixed rates the one-year term has soared in popularity
9th Dec 24, 1:32pm
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Latest Reserve Bank figures show a sharp rise in the amount of new borrowing on floating rates, while among fixed rates the one-year term has soared in popularity
David Hargreaves sums up a year notable for getting inflation under control - but at great cost to the economy
8th Dec 24, 6:30am
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David Hargreaves sums up a year notable for getting inflation under control - but at great cost to the economy
Fonterra raises what was already a record milk price forecast by another 50c and says it's on track to make forecast earnings guidance this year
5th Dec 24, 9:21am
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Fonterra raises what was already a record milk price forecast by another 50c and says it's on track to make forecast earnings guidance this year
Kiwibank chief economist Jarrod Kerr is forecasting that the OCR will be cut to 3% next year and says rates were too high for too long
3rd Dec 24, 8:25am
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Kiwibank chief economist Jarrod Kerr is forecasting that the OCR will be cut to 3% next year and says rates were too high for too long
Reserve Bank figures show $1.58b rise in bank mortgage stock in October; amounts on floating mortgage rates rose by the most in over 13 years
2nd Dec 24, 2:29pm
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Reserve Bank figures show $1.58b rise in bank mortgage stock in October; amounts on floating mortgage rates rose by the most in over 13 years
Westpac chief economist Kelly Eckhold sees the possibility the Reserve Bank may start to raise the Official Cash Rate again as soon as 2026
2nd Dec 24, 11:49am
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Westpac chief economist Kelly Eckhold sees the possibility the Reserve Bank may start to raise the Official Cash Rate again as soon as 2026