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 Monday; retail rates rise, PSI firms, rising yields cut asset prices, auction clearance rates fall, swaps fall, NZD holds, & more
20th Jun 22, 3:59pm
51
A review of things you need to know before you sign off on Monday; retail rates rise, PSI firms, rising yields cut asset prices, auction clearance rates fall, swaps fall, NZD holds, & more
[updated]
Challenger banks raising home loan rates substantially, pressured by market conditions that raise risks to their mortgage business. These new conditions will test the 'benefit' of high customer satisfaction levels
20th Jun 22, 10:22am
6
Challenger banks raising home loan rates substantially, pressured by market conditions that raise risks to their mortgage business. These new conditions will test the 'benefit' of high customer satisfaction levels
Bitcoin slumps; US factory output softens; expectations for recession grow; bond markets retreat; commodity prices fall; WTO claims minor win; UST 10yr 3.23%; gold down and oil holds; NZ$1 = 63.1 USc; TWI-5 = 71.1
20th Jun 22, 7:19am
120
Bitcoin slumps; US factory output softens; expectations for recession grow; bond markets retreat; commodity prices fall; WTO claims minor win; UST 10yr 3.23%; gold down and oil holds; NZ$1 = 63.1 USc; TWI-5 = 71.1
Petrol taxes tell a clear story about immediate changes in the use of cars, depriving tax collectors of billions. On the other side, billions will be needed to ramp up electricity capacity for a huge new fleet of electric vehicles
19th Jun 22, 10:39am
55
Petrol taxes tell a clear story about immediate changes in the use of cars, depriving tax collectors of billions. On the other side, billions will be needed to ramp up electricity capacity for a huge new fleet of electric vehicles
Recession fears grow; uncertainty rises as central banks change focus; Japan stays its course; commodities under pressure; WTO makes changes; UST 10yr 3.24%; gold and oil down; NZ$1 = 63.1 USc; TWI-5 = 70.9
18th Jun 22, 8:27am
80
Recession fears grow; uncertainty rises as central banks change focus; Japan stays its course; commodities under pressure; WTO makes changes; UST 10yr 3.24%; gold and oil down; NZ$1 = 63.1 USc; TWI-5 = 70.9
A review of things you need to know before you sign off on Friday; no retail rate changes, PMIs expand faster, hefty cartel penalty, a third of home loan borrowers face interest rate shock in 2022, swaps high & stable, NZD rises, & more
17th Jun 22, 3:59pm
65
A review of things you need to know before you sign off on Friday; no retail rate changes, PMIs expand faster, hefty cartel penalty, a third of home loan borrowers face interest rate shock in 2022, swaps high & stable, NZD rises, & more
US markets take fright; US data weaker; other central banks follow the Fed in inflation fight focus; China's house prices fall; Aussie jobs expand; UST 10yr 3.30%; gold and oil up; NZ$1 = 63.9 USc; TWI-5 = 71.3
17th Jun 22, 7:19am
103
US markets take fright; US data weaker; other central banks follow the Fed in inflation fight focus; China's house prices fall; Aussie jobs expand; UST 10yr 3.30%; gold and oil up; NZ$1 = 63.9 USc; TWI-5 = 71.3
[updated]
A review of things you need to know before you sign off on Thursday; only minor retail rate changes, house prices fall faster, economic activity shrinks, NZGB yields jump, swap rates hold, NZD rises, & more
16th Jun 22, 3:59pm
59
A review of things you need to know before you sign off on Thursday; only minor retail rate changes, house prices fall faster, economic activity shrinks, NZGB yields jump, swap rates hold, NZD rises, & more
If you are going to be a responsible investor, you need to dig below the surface of greenwashing and paid-for ESG shields. In partnership with Research IP, we are providing some tools to help you make better investing decisions
16th Jun 22, 1:10pm
8
If you are going to be a responsible investor, you need to dig below the surface of greenwashing and paid-for ESG shields. In partnership with Research IP, we are providing some tools to help you make better investing decisions
US Fed hikes by +75 bps, with more to come; US car sales stutter; China's retail sales fall as power generation falls; Australian power crisis gets worse; UST 10yr 3.44%; gold jumps and oil falls; NZ$1 = 62.7 USc; TWI-5 = 70.6
16th Jun 22, 7:24am
108
US Fed hikes by +75 bps, with more to come; US car sales stutter; China's retail sales fall as power generation falls; Australian power crisis gets worse; UST 10yr 3.44%; gold jumps and oil falls; NZ$1 = 62.7 USc; TWI-5 = 70.6
A review of things you need to know before you sign off on Wednesday; house prices drop, current account deficit widens, foreigners invest more, foreign debt lower, swaps up yet again, NZD soft, & more
15th Jun 22, 3:59pm
97
A review of things you need to know before you sign off on Wednesday; house prices drop, current account deficit widens, foreigners invest more, foreign debt lower, swaps up yet again, NZD soft, & more
Unusually large jumps in local wholesale swap rates, followed by an 11 year high for the main US Treasury benchmark, are putting mortgage borrowers on notice that they face even higher rates in the very near future
15th Jun 22, 9:26am
50
Unusually large jumps in local wholesale swap rates, followed by an 11 year high for the main US Treasury benchmark, are putting mortgage borrowers on notice that they face even higher rates in the very near future
All eyes on the US Fed; US PPI stays high; BofJ eyes direction change; Chinese FDI inflows wither; Australian business sentiment stays strong; UST 10yr 3.50%; gold and oil lower; NZ$1 = 62.1 USc; TWI-5 = 70.3
15th Jun 22, 7:26am
64
All eyes on the US Fed; US PPI stays high; BofJ eyes direction change; Chinese FDI inflows wither; Australian business sentiment stays strong; UST 10yr 3.50%; gold and oil lower; NZ$1 = 62.1 USc; TWI-5 = 70.3
A review of things you need to know before you sign off on Tuesday; home loan rates and floor rates up, food prices up, rent inflation eases, ASB bond well supported, swap rates higher, NZD slips, & more
14th Jun 22, 3:59pm
76
A review of things you need to know before you sign off on Tuesday; home loan rates and floor rates up, food prices up, rent inflation eases, ASB bond well supported, swap rates higher, NZD slips, & more
BNZ raises most of its fixed home loan rates, but rather surprisingly trims its 2-year offer to match Kiwibank and Westpac. It also raised TD rates. HSBC also raised all its fixed mortgage rates
14th Jun 22, 9:15am
13
BNZ raises most of its fixed home loan rates, but rather surprisingly trims its 2-year offer to match Kiwibank and Westpac. It also raised TD rates. HSBC also raised all its fixed mortgage rates
Financial markets in crisis mode with fast-shifting changes; protests in Shanghai over lockdown; UK economy shrinks again; WTO wobbles on ecommerce; UST 10yr 3.41%; gold drops but oil high and stable; NZ$1 = 62.8 USc; TWI-5 = 70.8
14th Jun 22, 7:32am
96
Financial markets in crisis mode with fast-shifting changes; protests in Shanghai over lockdown; UK economy shrinks again; WTO wobbles on ecommerce; UST 10yr 3.41%; gold drops but oil high and stable; NZ$1 = 62.8 USc; TWI-5 = 70.8
A review of things you need to know before you sign off on Monday; no retail rate changes, no exodus, surge in FLP drawdowns, new managed funds resource, NZSF teams with Auckland Council, swaps jump, NZD slips, & more
13th Jun 22, 3:59pm
76
A review of things you need to know before you sign off on Monday; no retail rate changes, no exodus, surge in FLP drawdowns, new managed funds resource, NZSF teams with Auckland Council, swaps jump, NZD slips, & more
Term deposit rates are rising, but not as fast as either wholesale rates or home loan rates
13th Jun 22, 11:39am
31
Term deposit rates are rising, but not as fast as either wholesale rates or home loan rates
We launch a new free service giving access to a range of key metrics that investors need to know when choosing a managed fund, KiwiSaver or otherwise. Our new partnership with Research IP is a unique utility for investors and financial advisers
13th Jun 22, 11:04am
2
We launch a new free service giving access to a range of key metrics that investors need to know when choosing a managed fund, KiwiSaver or otherwise. Our new partnership with Research IP is a unique utility for investors and financial advisers
Fast spreading inflation gives regulators a tough choice; China struggles despite credit flood; US CPI at 40 yr high; Australia faces another power crisis; UST 10yr 3.17%; gold up and oil high but stable; NZ$1 = 63.5 USc; TWI-5 = 71.3
13th Jun 22, 7:19am
66
Fast spreading inflation gives regulators a tough choice; China struggles despite credit flood; US CPI at 40 yr high; Australia faces another power crisis; UST 10yr 3.17%; gold up and oil high but stable; NZ$1 = 63.5 USc; TWI-5 = 71.3
American CPI surprises on the high side; Canada jobs expand; China CPI unchanged and low; India factories busy; Aussie power system faces stress; UST 10yr 3.16%; gold up and oil down; NZ$1 = 63.6 USc; TWI-5 = 71.3
11th Jun 22, 9:02am
94
American CPI surprises on the high side; Canada jobs expand; China CPI unchanged and low; India factories busy; Aussie power system faces stress; UST 10yr 3.16%; gold up and oil down; NZ$1 = 63.6 USc; TWI-5 = 71.3
A review of things you need to know before you sign off on Friday; some big retail rate changes, retail sales limp, inflation boosts business inventories, swap rates steepen again, NZD slips further, & more
10th Jun 22, 3:59pm
56
A review of things you need to know before you sign off on Friday; some big retail rate changes, retail sales limp, inflation boosts business inventories, swap rates steepen again, NZD slips further, & more
TSB has released its 2021 Annual Results, marked by a good profit lift and a shift from the internal work to 'strengthen its foundations'. But is still lags industry performance benchmarks and is gradually losing market share
10th Jun 22, 10:46am
2
TSB has released its 2021 Annual Results, marked by a good profit lift and a shift from the internal work to 'strengthen its foundations'. But is still lags industry performance benchmarks and is gradually losing market share
Although home loan rates for a one year term are settling around a tight level, competitive pressures are opening up variances for longer fixed terms, and for cash incentives
10th Jun 22, 9:50am
23
Although home loan rates for a one year term are settling around a tight level, competitive pressures are opening up variances for longer fixed terms, and for cash incentives
US jobless claims stay low, but eyes on US food prices; China exports recover but consumer confidence dives; ECB turns hawkish to fight inflation; UST 10yr 3.02%; gold and oil lower; NZ$1 = 64 USc; TWI-5 = 71.2
10th Jun 22, 7:25am
111
US jobless claims stay low, but eyes on US food prices; China exports recover but consumer confidence dives; ECB turns hawkish to fight inflation; UST 10yr 3.02%; gold and oil lower; NZ$1 = 64 USc; TWI-5 = 71.2