About
David Chaston is the publisher of interest.co.nz and is commited to ensuring readers get the latest information on interest rates, and the forces that move them.
David Chaston
Latest articles
[updated]
A review of things you need to know before you sign off on Friday; some big banks make some small rate moves, some want faster rate cuts, credit card activity weak, swaps soft, NZD stays firm, & more
20th Sep 24, 3:59pm
35
A review of things you need to know before you sign off on Friday; some big banks make some small rate moves, some want faster rate cuts, credit card activity weak, swaps soft, NZD stays firm, & more
Banks keep chipping away at their term deposit rate offers, a trend likely to continue for a while yet. We reveal the reasons why
20th Sep 24, 11:42am
7
Banks keep chipping away at their term deposit rate offers, a trend likely to continue for a while yet. We reveal the reasons why
US data quite positive again, except for their housing markets; eyes on commodity market reactions; Aussie job strength to keep their rates unchanged; freight rates fall; UST 10yr 3.73%; gold and oil up, NZ$1 = 62.5; TWI = 69.9
20th Sep 24, 7:20am
77
US data quite positive again, except for their housing markets; eyes on commodity market reactions; Aussie job strength to keep their rates unchanged; freight rates fall; UST 10yr 3.73%; gold and oil up, NZ$1 = 62.5; TWI = 69.9
A review of things you need to know before you sign off on Thursday; economy shrinks, spending sinks, job openings slide, 'fairness' surveyed, financial markets settle after the Fed, swaps rise, NZD firm, & more
19th Sep 24, 3:59pm
55
A review of things you need to know before you sign off on Thursday; economy shrinks, spending sinks, job openings slide, 'fairness' surveyed, financial markets settle after the Fed, swaps rise, NZD firm, & more
US Fed cuts rates by -50 bps, signals more coming; US data positive; Japanese exports rise; China signals dull; UK inflation stays low; UST 10yr 3.71%; gold up and oil slips, NZ$1 = 62.4; TWI = 69.8
19th Sep 24, 7:20am
204
US Fed cuts rates by -50 bps, signals more coming; US data positive; Japanese exports rise; China signals dull; UK inflation stays low; UST 10yr 3.71%; gold up and oil slips, NZ$1 = 62.4; TWI = 69.8
A review of things you need to know before you sign off on Wednesday; more retail rate cuts, sentiment less pessimistic, no improvement in current account deficit, swaps await the Fed, NZD does too, & more
18th Sep 24, 3:59pm
45
A review of things you need to know before you sign off on Wednesday; more retail rate cuts, sentiment less pessimistic, no improvement in current account deficit, swaps await the Fed, NZD does too, & more
Dairy prices rise modestly; US retail data good; Canada achieves 2% inflation; China on holiday; UST 10yr 3.64%; gold down and oil up again, NZ$1 = 61.8; TWI = 69.4
18th Sep 24, 7:19am
60
Dairy prices rise modestly; US retail data good; Canada achieves 2% inflation; China on holiday; UST 10yr 3.64%; gold down and oil up again, NZ$1 = 61.8; TWI = 69.4
A review of things you need to know before you sign off on Tuesday; Kiwibank grabs a mortgage rate mantle, residential market not a happy place for sellers, farmers mood gets spring lift, swaps soft, NZD firm, & more
17th Sep 24, 3:59pm
83
A review of things you need to know before you sign off on Tuesday; Kiwibank grabs a mortgage rate mantle, residential market not a happy place for sellers, farmers mood gets spring lift, swaps soft, NZD firm, & more
Kiwibank responds to ANZ's home loan rate cuts with a new market-leading low 6.29% one year fixed rate
17th Sep 24, 8:20am
22
Kiwibank responds to ANZ's home loan rate cuts with a new market-leading low 6.29% one year fixed rate
US factory activity up; Canadian factory activity up; Canada moves to help FHBs; typhoon douses Shanghai; bets on 50bps Fed cut grow; UST 10yr 3.63%; gold and oil up again, NZ$1 = 61.9; TWI = 69.5
17th Sep 24, 7:21am
63
US factory activity up; Canadian factory activity up; Canada moves to help FHBs; typhoon douses Shanghai; bets on 50bps Fed cut grow; UST 10yr 3.63%; gold and oil up again, NZ$1 = 61.9; TWI = 69.5
[updated]
A review of things you need to know before you sign off on Monday; service sector crawls 'faster', Auckland Airport charges ahead, new weedkiller restricted, 'critical' minerals listed, swaps & NZD stable, & more
16th Sep 24, 4:00pm
25
A review of things you need to know before you sign off on Monday; service sector crawls 'faster', Auckland Airport charges ahead, new weedkiller restricted, 'critical' minerals listed, swaps & NZD stable, & more
China data underwhelms, especially for their already weak property sector; India & US officials contest Byjus bankruptcy; US sentiment up; Canada eyes bigger rate cuts; UST 10yr 3.66%; gold at new ATH, oil holds; NZ$1 = 61.6; TWI = 69.3
16th Sep 24, 7:19am
68
China data underwhelms, especially for their already weak property sector; India & US officials contest Byjus bankruptcy; US sentiment up; Canada eyes bigger rate cuts; UST 10yr 3.66%; gold at new ATH, oil holds; NZ$1 = 61.6; TWI = 69.3
US optimism grows, China struggles; Chinese travellers embrace foreign destinations; EU factories slow; Russia confronts its economic distortions; UST 10yr 3.66%; gold at new ATH, oil holds; NZ$1 = 61.6; TWI = 69.3
14th Sep 24, 8:46am
26
US optimism grows, China struggles; Chinese travellers embrace foreign destinations; EU factories slow; Russia confronts its economic distortions; UST 10yr 3.66%; gold at new ATH, oil holds; NZ$1 = 61.6; TWI = 69.3
Auction room activity stays down in second week of September. The spring real estate season hasn't started yet
14th Sep 24, 6:00am
85
Auction room activity stays down in second week of September. The spring real estate season hasn't started yet
A review of things you need to know before you sign off on Friday; TD rates slip as DCS gets closer, August REINZ data soft, PMI up but still contracting, bank settlement balances dive, swaps hold, NZD firms, & more
13th Sep 24, 3:59pm
11
A review of things you need to know before you sign off on Friday; TD rates slip as DCS gets closer, August REINZ data soft, PMI up but still contracting, bank settlement balances dive, swaps hold, NZD firms, & more
BNZ trims some short rates for savers, a signal there will be much more change coming for savers over the next nine months
13th Sep 24, 10:09am
2
BNZ trims some short rates for savers, a signal there will be much more change coming for savers over the next nine months
US PPI inflation lower; India's inflation lower; China struggles with financial markets; ECB cuts rates on weak growth; Aussie inflation expectations stay up; UST 10yr 3.68%; gold and oil up; NZ$1 = 61.6; TWI = 69.5
13th Sep 24, 7:19am
17
US PPI inflation lower; India's inflation lower; China struggles with financial markets; ECB cuts rates on weak growth; Aussie inflation expectations stay up; UST 10yr 3.68%; gold and oil up; NZ$1 = 61.6; TWI = 69.5
A review of things you need to know before you sign off on Thursday; retail spending shows tiny rise, price indexes confirm lower inflation, CoreLogic sees soft house prices, NZGB yields jump, swaps and NZD slip, and more
12th Sep 24, 3:59pm
45
A review of things you need to know before you sign off on Thursday; retail spending shows tiny rise, price indexes confirm lower inflation, CoreLogic sees soft house prices, NZGB yields jump, swaps and NZD slip, and more
American CPI inflation falls modestly; US home loan rates fall sharply; China vehicle sales soft; China struggles with deposit controls, RBA firm against inflation drivers; UST 10yr 3.65%; gold unchanged and oil up; NZ$1 = 61.3; TWI = 69.3
12th Sep 24, 7:19am
73
American CPI inflation falls modestly; US home loan rates fall sharply; China vehicle sales soft; China struggles with deposit controls, RBA firm against inflation drivers; UST 10yr 3.65%; gold unchanged and oil up; NZ$1 = 61.3; TWI = 69.3
The largest home loan lender cuts most fixed rates to have a market-leading offer for one and two year fixed mortgages
11th Sep 24, 5:59pm
26
The largest home loan lender cuts most fixed rates to have a market-leading offer for one and two year fixed mortgages
[updated]
A review of things you need to know before you sign off on Wednesday; migration up/citizens leaving down, dairy powder prices stay elevated, generator consolidation, swaps stable, NZD firmish, & more
11th Sep 24, 3:59pm
82
A review of things you need to know before you sign off on Wednesday; migration up/citizens leaving down, dairy powder prices stay elevated, generator consolidation, swaps stable, NZD firmish, & more
OPEC sees sharply lower demand; US retail demand strong; China exports growth surprises; Aussie sentiment falls; UST 10yr 3.64%; gold up and oil down sharply; NZ$1 = 61.5; TWI = 69.6
11th Sep 24, 7:19am
74
OPEC sees sharply lower demand; US retail demand strong; China exports growth surprises; Aussie sentiment falls; UST 10yr 3.64%; gold up and oil down sharply; NZ$1 = 61.5; TWI = 69.6
A review of things you need to know before you sign off on Tuesday; QV sees lid on house prices, businesses prioritise employees, Council rates rise fast, big fraud, APRA stamps on AT1 hybrids, swaps stable, NZD soft, & more
10th Sep 24, 4:00pm
38
A review of things you need to know before you sign off on Tuesday; QV sees lid on house prices, businesses prioritise employees, Council rates rise fast, big fraud, APRA stamps on AT1 hybrids, swaps stable, NZD soft, & more
American inflation expectations modest & stable; US consumer debt jumps; Taiwan exports shine; China wards off deflation, just; EU told to invest or be irrelevant; UST 10yr 3.70%; gold up and oil up; NZ$1 = 61.6; TWI = 69.6
10th Sep 24, 7:20am
67
American inflation expectations modest & stable; US consumer debt jumps; Taiwan exports shine; China wards off deflation, just; EU told to invest or be irrelevant; UST 10yr 3.70%; gold up and oil up; NZ$1 = 61.6; TWI = 69.6
A review of things you need to know before you sign off on Monday; strategic reviews by Tower and the energy regulators, SkyCity Auckland shut as punishment, swaps unchanged, NZD on hold, & more
9th Sep 24, 4:00pm
33
A review of things you need to know before you sign off on Monday; strategic reviews by Tower and the energy regulators, SkyCity Auckland shut as punishment, swaps unchanged, NZD on hold, & more