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
A review of things you need to know before you go home on Wednesday; OCR raised +25 bps on way to 2.6% over time; affordability worsens; travel restriction easing; FHBs still very active, swaps fall sharply, NZD eases, & more
24th Nov 21, 3:59pm
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A review of things you need to know before you go home on Wednesday; OCR raised +25 bps on way to 2.6% over time; affordability worsens; travel restriction easing; FHBs still very active, swaps fall sharply, NZD eases, & more
ASB the first bank to increase floating home loan rates following the 25 basis points OCR rise, but only by 15 basis points, ANZ adds 20 basis points, Kiwibank, Westpac and BNZ add 25 bps
24th Nov 21, 2:14pm
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ASB the first bank to increase floating home loan rates following the 25 basis points OCR rise, but only by 15 basis points, ANZ adds 20 basis points, Kiwibank, Westpac and BNZ add 25 bps
US PMIs stay strong; Beijing on high alert for economy risks; WHO warns Europe on coming disaster; coordinated oil release to battle inflation; UST 10yr 1.65%, oil up and gold down; NZ$1 = 69.4 USc; TWI-5 = 74.2
24th Nov 21, 7:19am
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US PMIs stay strong; Beijing on high alert for economy risks; WHO warns Europe on coming disaster; coordinated oil release to battle inflation; UST 10yr 1.65%, oil up and gold down; NZ$1 = 69.4 USc; TWI-5 = 74.2
A review of things you need to know before you go home on Tuesday; ANZ raises term deposit rates, retail sales hit hard in Q3, RBNZ looking closely at DTIs and floor rates, swaps await RBNZ signals, NZD soft, & more
23rd Nov 21, 3:59pm
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A review of things you need to know before you go home on Tuesday; ANZ raises term deposit rates, retail sales hit hard in Q3, RBNZ looking closely at DTIs and floor rates, swaps await RBNZ signals, NZD soft, & more
ANZ offers 3% pa for a three year term deposit term, the first time in this cycle a 3% offer for three years has appeared. But banks are raising term deposit rates slower than mortgage rates, and the difference is the widest on record
23rd Nov 21, 10:11am
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ANZ offers 3% pa for a three year term deposit term, the first time in this cycle a 3% offer for three years has appeared. But banks are raising term deposit rates slower than mortgage rates, and the difference is the widest on record
Powell reappointed; US activity rebounds; Hong Kong stagnating; Taiwan export order growth slows; Germany issues dire pandemic warnings; UST 10yr 1.60%, oil up and gold down; NZ$1 = 69.7 USc; TWI-5 = 74.4
23rd Nov 21, 7:25am
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Powell reappointed; US activity rebounds; Hong Kong stagnating; Taiwan export order growth slows; Germany issues dire pandemic warnings; UST 10yr 1.60%, oil up and gold down; NZ$1 = 69.7 USc; TWI-5 = 74.4
A review of things you need to know before you go home on Monday; ANZ leads rates higher, property brakes go on, farms sell well, ditto lifestyle blocks, swaps soft, NZD firm, & more
22nd Nov 21, 3:59pm
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A review of things you need to know before you go home on Monday; ANZ leads rates higher, property brakes go on, farms sell well, ditto lifestyle blocks, swaps soft, NZD firm, & more
Market conditions for Mum & Dad residential housing investors have changed and the future looks tough for them as a series of regulatory changes take an increasing toll on their cash flows
22nd Nov 21, 1:52pm
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Market conditions for Mum & Dad residential housing investors have changed and the future looks tough for them as a series of regulatory changes take an increasing toll on their cash flows
Following ASB and Westpac, ANZ as the largest home loan lender raises its carded offers, pushing some rates to new higher territory. One year rates now have a 70 bps advantage
22nd Nov 21, 8:37am
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Following ASB and Westpac, ANZ as the largest home loan lender raises its carded offers, pushing some rates to new higher territory. One year rates now have a 70 bps advantage
PBoC battling stagflation; China's tax take falls; eyes on Fed boss decision; supply chain pressures easing; coal trade challenged; Aussie houses sell slower; UST 10yr 1.55%, oil and gold soft; NZ$1 = 69.9 USc; TWI-5 = 74.6
22nd Nov 21, 7:19am
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PBoC battling stagflation; China's tax take falls; eyes on Fed boss decision; supply chain pressures easing; coal trade challenged; Aussie houses sell slower; UST 10yr 1.55%, oil and gold soft; NZ$1 = 69.9 USc; TWI-5 = 74.6
Decision due on Powell or Brainard; supply chain issues easing; Alibaba's share slump; IMF warns on China's economy risks; UST 10yr 1.54%, oil and gold lower again; NZ$1 = 70.2 USc; TWI-5 = 74.7
20th Nov 21, 8:31am
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Decision due on Powell or Brainard; supply chain issues easing; Alibaba's share slump; IMF warns on China's economy risks; UST 10yr 1.54%, oil and gold lower again; NZ$1 = 70.2 USc; TWI-5 = 74.7
A review of things you need to know before you go home on Friday; TD rate rise, data disproves barbeque meme, Auckland rebounds, credit cards a sunset option, swaps stable, NZD firm, & more
19th Nov 21, 3:59pm
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A review of things you need to know before you go home on Friday; TD rate rise, data disproves barbeque meme, Auckland rebounds, credit cards a sunset option, swaps stable, NZD firm, & more
US jobless claims drop; US indicators positive; Vancouver suffers panic buying; China infrastructure investment stalls; Turkey heads for economic disaster; UST 10yr 1.58%, oil and gold lower; NZ$1 = 70.3 USc; TWI-5 = 74.8
19th Nov 21, 7:25am
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US jobless claims drop; US indicators positive; Vancouver suffers panic buying; China infrastructure investment stalls; Turkey heads for economic disaster; UST 10yr 1.58%, oil and gold lower; NZ$1 = 70.3 USc; TWI-5 = 74.8
Westpac joins ASB in pushing through higher fixed mortgage rates, as rising inflation expectations push up wholesale rates, and all eyes turn to how the RBNZ will react
18th Nov 21, 4:06pm
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Westpac joins ASB in pushing through higher fixed mortgage rates, as rising inflation expectations push up wholesale rates, and all eyes turn to how the RBNZ will react
A review of things you need to know before you go home on Thursday; some retail rate rises, inflation pressure heightens, higher reverse mortgage LVRs, NZGB yields stable, swaps rise, NZD firm, & more
18th Nov 21, 3:59pm
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A review of things you need to know before you go home on Thursday; some retail rate rises, inflation pressure heightens, higher reverse mortgage LVRs, NZGB yields stable, swaps rise, NZD firm, & more
US housing starts constrained; Canadian CPI up; Japan's exports constrained; India pollution worse; UK CPI up; iron ore price down; UST 10yr 1.63%, oil down and gold up; NZ$1 = 69.9 USc; TWI-5 = 74.4
18th Nov 21, 7:18am
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US housing starts constrained; Canadian CPI up; Japan's exports constrained; India pollution worse; UK CPI up; iron ore price down; UST 10yr 1.63%, oil down and gold up; NZ$1 = 69.9 USc; TWI-5 = 74.4
A review of things you need to know before you go home on Wednesday; waiting for next rate changes, producer prices up sharply, dairy prices rise, the payout forecasts, swaps hold, NZD soft, & more
17th Nov 21, 3:59pm
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A review of things you need to know before you go home on Wednesday; waiting for next rate changes, producer prices up sharply, dairy prices rise, the payout forecasts, swaps hold, NZD soft, & more
Dairy prices rise for sixth time; US retail sales post good rise; US factories rise; Vancouver mudslide complicates North American imports; RBA on hold for 2022; UST 10yr 1.63%, oil firmer and gold lower; NZ$1 = 70 USc; TWI-5 = 74.4
17th Nov 21, 7:20am
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Dairy prices rise for sixth time; US retail sales post good rise; US factories rise; Vancouver mudslide complicates North American imports; RBA on hold for 2022; UST 10yr 1.63%, oil firmer and gold lower; NZ$1 = 70 USc; TWI-5 = 74.4
A review of things you need to know before you go home on Tuesday; some majors raise rates, inflation expectations rise, inflation challenges retirement savings, rents hold high, swaps rise, NZD stable, & more
16th Nov 21, 3:59pm
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A review of things you need to know before you go home on Tuesday; some majors raise rates, inflation expectations rise, inflation challenges retirement savings, rents hold high, swaps rise, NZD stable, & more
ASB raises all its fixed home loan rates giving it the highest rates on offer for most fixed terms. Options under 4% are shrinking fast, especially at the main banks
16th Nov 21, 9:02am
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ASB raises all its fixed home loan rates giving it the highest rates on offer for most fixed terms. Options under 4% are shrinking fast, especially at the main banks
Canada enacting new bank tax; Japan shrinks in Q3; China's retail sales rise but power production falls; fertiliser prices hit new record high; UST 10yr 1.62%, oil lower and gold holds; NZ$1 = 70.6 USc; TWI-5 = 74.8
16th Nov 21, 7:22am
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Canada enacting new bank tax; Japan shrinks in Q3; China's retail sales rise but power production falls; fertiliser prices hit new record high; UST 10yr 1.62%, oil lower and gold holds; NZ$1 = 70.6 USc; TWI-5 = 74.8
A review of things you need to know before you go home on Monday; many rate changes, Yuong Ha leaving, service sector in pain, NZGIF stumps up another $40 mln, swaps soft, NZD unchanged, & more
15th Nov 21, 3:59pm
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A review of things you need to know before you go home on Monday; many rate changes, Yuong Ha leaving, service sector in pain, NZGIF stumps up another $40 mln, swaps soft, NZD unchanged, & more
China slows down; India's inflation up, growth in production wanes; US sentiment falls as inflation rises; Climate deal starts to unravel moments after signing; UST 10yr 1.57%, oil unchanged and gold firm; NZ$1 = 70.4 USc; TWI-5 = 74.6
15th Nov 21, 7:19am
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China slows down; India's inflation up, growth in production wanes; US sentiment falls as inflation rises; Climate deal starts to unravel moments after signing; UST 10yr 1.57%, oil unchanged and gold firm; NZ$1 = 70.4 USc; TWI-5 = 74.6
US consumer sentiment slides; Americans changing jobs at fast pace; China excavators sales slump; Indian factories slow down; UST 10yr 1.58%, oil unchanged and gold higher; NZ$1 = 70.4 USc; TWI-5 = 74.6
13th Nov 21, 8:33am
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US consumer sentiment slides; Americans changing jobs at fast pace; China excavators sales slump; Indian factories slow down; UST 10yr 1.58%, oil unchanged and gold higher; NZ$1 = 70.4 USc; TWI-5 = 74.6
A review of things you need to know before you go home on Friday; minor retail rate changes, stronger PMI, Worldline's EFTPOS on Xero app store, Aussie inflation expectations bite, swaps stable, NZD softer & more
12th Nov 21, 3:59pm
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A review of things you need to know before you go home on Friday; minor retail rate changes, stronger PMI, Worldline's EFTPOS on Xero app store, Aussie inflation expectations bite, swaps stable, NZD softer & more