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
Kiwi savers may grumble about how much lower than inflation after tax returns are here for term deposits, but in Australia it remains dire for their savers
12th Jan 22, 10:00am
31
Kiwi savers may grumble about how much lower than inflation after tax returns are here for term deposits, but in Australia it remains dire for their savers
Powell turns hawkish; China eyes rate cut; Singapore eyes GST hike; OECD sees inflation jump; World Bank sees growth slowdown; UST 10yr 1.76%; oil and gold higher; NZ$1 = 67.7 USc; TWI-5 = 72.2
12th Jan 22, 7:24am
97
Powell turns hawkish; China eyes rate cut; Singapore eyes GST hike; OECD sees inflation jump; World Bank sees growth slowdown; UST 10yr 1.76%; oil and gold higher; NZ$1 = 67.7 USc; TWI-5 = 72.2
Interest rates are on the move higher so we review what that means for term deposit savers. One bank is the consistent high offeror, but all banks are now eyeing new marketing efforts to attract funds from retail savers
11th Jan 22, 9:46am
25
Interest rates are on the move higher so we review what that means for term deposit savers. One bank is the consistent high offeror, but all banks are now eyeing new marketing efforts to attract funds from retail savers
US inflation expectation stay at record high; IMF warns of major adjustments underway; China adds stimulus; high natural disaster losses; Virgin cuts back sharply; UST 10yr 1.79%; oil and gold soft; NZ$1 = 67.5 USc; TWI-5 = 72.1
11th Jan 22, 7:32am
72
US inflation expectation stay at record high; IMF warns of major adjustments underway; China adds stimulus; high natural disaster losses; Virgin cuts back sharply; UST 10yr 1.79%; oil and gold soft; NZ$1 = 67.5 USc; TWI-5 = 72.1
Omicron tightens grip on Australia; US jobs expand less than expected, but pay rises faster; US consumer credit jumps; China FX reserves swell; EU inflation high; UST 10yr 1.77%; oil and gold unchanged; NZ$1 = 67.8 USc; TWI-5 = 72.3
10th Jan 22, 7:19am
127
Omicron tightens grip on Australia; US jobs expand less than expected, but pay rises faster; US consumer credit jumps; China FX reserves swell; EU inflation high; UST 10yr 1.77%; oil and gold unchanged; NZ$1 = 67.8 USc; TWI-5 = 72.3
American jobs growth disappoints; Canada's jobs growth beats expectations; China's fx reserves swell; EU inflation hits a record high; Australians lock themselves down; UST 10yr 1.77%; oil softer and gold firmer; NZ$1 = 67.8 USc; TWI-5 = 72.3
8th Jan 22, 8:49am
89
American jobs growth disappoints; Canada's jobs growth beats expectations; China's fx reserves swell; EU inflation hits a record high; Australians lock themselves down; UST 10yr 1.77%; oil softer and gold firmer; NZ$1 = 67.8 USc; TWI-5 = 72.3
Fed ready to raise rates; US data positive; Canada trade rises; China PMI's inch up; German CPI rises, EU PPI high; food prices at 10yr high; UST 10yr 1.73%; oil firm and gold weak; NZ$1 = 67.5 USc; TWI-5 = 72.2
7th Jan 22, 8:37am
92
Fed ready to raise rates; US data positive; Canada trade rises; China PMI's inch up; German CPI rises, EU PPI high; food prices at 10yr high; UST 10yr 1.73%; oil firm and gold weak; NZ$1 = 67.5 USc; TWI-5 = 72.2
2021 ends with more than 30% of all new passenger cars sold being either battery-powered or hybrids. The subsidy drives the extra demand, but hasn't yet affected the volume of new ICE vehicles being sold
6th Jan 22, 10:18am
70
2021 ends with more than 30% of all new passenger cars sold being either battery-powered or hybrids. The subsidy drives the extra demand, but hasn't yet affected the volume of new ICE vehicles being sold
US Fed minutes suggest faster normalisation pace; US payrolls grow; China searches for triggers to reignite growth; Aussie job ads fall unexpectedly; UST 10yr 1.70%; oil firm and gold stalls; NZ$1 = 68 USc; TWI-5 = 72.6
6th Jan 22, 8:25am
9
US Fed minutes suggest faster normalisation pace; US payrolls grow; China searches for triggers to reignite growth; Aussie job ads fall unexpectedly; UST 10yr 1.70%; oil firm and gold stalls; NZ$1 = 68 USc; TWI-5 = 72.6
Auckland's residential real estate transactions churned faster in 2021 with more sales and higher prices, ending in December with robust demand. Less than 6% of all houses sold in the year but they set the market expectations
5th Jan 22, 12:52pm
40
Auckland's residential real estate transactions churned faster in 2021 with more sales and higher prices, ending in December with robust demand. Less than 6% of all houses sold in the year but they set the market expectations
Dairy prices unchanged; US holiday retail strong; workers changing jobs faster in the US; logistics pressures grow; Toyota bests GM in the US; UST 10yr 1.67%; oil and gold firm; NZ$1 = 68.1 USc; TWI-5 = 72.7
5th Jan 22, 8:50am
42
Dairy prices unchanged; US holiday retail strong; workers changing jobs faster in the US; logistics pressures grow; Toyota bests GM in the US; UST 10yr 1.67%; oil and gold firm; NZ$1 = 68.1 USc; TWI-5 = 72.7
World factory activity expanding; Evergrande in new trading halt; RCEP underway; Turkish inflation leaps; Aussie house price growth stalls; Apple worth US$3 tln; UST 10yr 1.63%; oil and gold soft; NZ$1 = 67.9 USc; TWI-5 = 72.6
4th Jan 22, 8:54am
70
World factory activity expanding; Evergrande in new trading halt; RCEP underway; Turkish inflation leaps; Aussie house price growth stalls; Apple worth US$3 tln; UST 10yr 1.63%; oil and gold soft; NZ$1 = 67.9 USc; TWI-5 = 72.6
We track which banks had the lowest home loan carded rate offers through 2021 and saw how low rates juiced up a housing market where values now threaten to exceed five times our annual economic activity
3rd Jan 22, 12:08pm
67
We track which banks had the lowest home loan carded rate offers through 2021 and saw how low rates juiced up a housing market where values now threaten to exceed five times our annual economic activity
Your new Government-subsidised electric vehicle may not have the life you think it has, and it may cause more global environmental damage than you realise. Take care before you buy the hype
3rd Jan 22, 8:12am
138
Your new Government-subsidised electric vehicle may not have the life you think it has, and it may cause more global environmental damage than you realise. Take care before you buy the hype
2021 might have ended up as "déjà vu all over again", but now is the time to record your 2022 predictions (and check how you went with your 2021 attempt)
31st Dec 21, 10:45am
153
2021 might have ended up as "déjà vu all over again", but now is the time to record your 2022 predictions (and check how you went with your 2021 attempt)
Help us keep interest.co.nz free for all readers. We need your support keeping our service open to all, and there are great benefits if you do
31st Dec 21, 10:22am
16
Help us keep interest.co.nz free for all readers. We need your support keeping our service open to all, and there are great benefits if you do
US jobless claims fall below pre-pandemic levels; blizzard of Omicron infections looms; China's SMEs struggle; India imposes new restrictions; Turkish lira falls again; UST 10yr 1.52%; oil and gold firm; NZ$1 = 68.3 USc; TWI-5 = 72.8
31st Dec 21, 8:50am
22
US jobless claims fall below pre-pandemic levels; blizzard of Omicron infections looms; China's SMEs struggle; India imposes new restrictions; Turkish lira falls again; UST 10yr 1.52%; oil and gold firm; NZ$1 = 68.3 USc; TWI-5 = 72.8
Despite recent interest rate rises, Kiwi home loan borrowers are still getting a good deal compared to those offered to Australians. We update our trans-Tasman comparison and find we are batting on even terms still
30th Dec 21, 11:53am
12
Despite recent interest rate rises, Kiwi home loan borrowers are still getting a good deal compared to those offered to Australians. We update our trans-Tasman comparison and find we are batting on even terms still
US trade deficit widens; South Korean business confidence rises; Turkey's currency falls again; WHO warns of pandemic tsunami; UST 10yr 1.54%; oil firm but gold soft; NZ$1 = 68.3 USc; TWI-5 = 72.8
30th Dec 21, 8:23am
75
US trade deficit widens; South Korean business confidence rises; Turkey's currency falls again; WHO warns of pandemic tsunami; UST 10yr 1.54%; oil firm but gold soft; NZ$1 = 68.3 USc; TWI-5 = 72.8
Investors buoyed by strong holiday retail sales; Japan gets much improved data; Evergrande claims a comeback; lithium price surge extends; UST 10yr 1.48%; oil rises but gold unchanged; NZ$1 = 67.9 USc; TWI-5 = 72.5
29th Dec 21, 8:50am
127
Investors buoyed by strong holiday retail sales; Japan gets much improved data; Evergrande claims a comeback; lithium price surge extends; UST 10yr 1.48%; oil rises but gold unchanged; NZ$1 = 67.9 USc; TWI-5 = 72.5
Higher employment levels and bracket creep are combining to shift an extra $14 bln per year from wage and salary earners to Government coffers, giving political parties windfalls to make increasing spending promises
27th Dec 21, 11:45am
42
Higher employment levels and bracket creep are combining to shift an extra $14 bln per year from wage and salary earners to Government coffers, giving political parties windfalls to make increasing spending promises
US reports a range of generally good data; China goes insular, rolls back property restrictions; Russia hugs Germany tighter; NSW reimposes restrictions; UST 10yr 1.49%; oil and gold firmer; NZ$1 = 68.3 USc; TWI-5 = 72.8
24th Dec 21, 9:02am
95
US reports a range of generally good data; China goes insular, rolls back property restrictions; Russia hugs Germany tighter; NSW reimposes restrictions; UST 10yr 1.49%; oil and gold firmer; NZ$1 = 68.3 USc; TWI-5 = 72.8
The final 2021 review of things you need to know before you go home; BNZ tweaks TD rates higher, mortgage lending remains strong, TD investments grow sharply, Aussie Omicron cases explode; swaps stable, NZD firm, & more
23rd Dec 21, 3:59pm
29
The final 2021 review of things you need to know before you go home; BNZ tweaks TD rates higher, mortgage lending remains strong, TD investments grow sharply, Aussie Omicron cases explode; swaps stable, NZD firm, & more
We look back on our interesting trek through 2021, reveal our most popular articles, and assess how readers engaged with our broad content
23rd Dec 21, 9:45am
21
We look back on our interesting trek through 2021, reveal our most popular articles, and assess how readers engaged with our broad content
Brighter economic data continues in the US; inflation with supply chain issues creates tough choices; Russian costs skyrocket, confidence falls; UST 10yr 1.47%; oil and gold firmer; NZ$1 = 68.2 USc; TWI-5 = 72.7
23rd Dec 21, 8:17am
32
Brighter economic data continues in the US; inflation with supply chain issues creates tough choices; Russian costs skyrocket, confidence falls; UST 10yr 1.47%; oil and gold firmer; NZ$1 = 68.2 USc; TWI-5 = 72.7