David Chaston

Banks trim term deposit rate offers further with no main bank now offering a 5% rate

Banks trim term deposit rate offers further with no main bank now offering a 5% rate

US imposes big tariffs against Canada, Mexico and China; US PCE inflation rises; Japan data good; India cuts income taxes; Aussie PPI high but easing; UST 10yr at 4.51%; gold at new high; oil down; NZ$1 = 56.7 USc; TWI = 67.2

US imposes big tariffs against Canada, Mexico and China; US PCE inflation rises; Japan data good; India cuts income taxes; Aussie PPI high but easing; UST 10yr at 4.51%; gold at new high; oil down; NZ$1 = 56.7 USc; TWI = 67.2

US PCE rises; Canada differential 'extreme'; Japanese retail sales rise; EU inflation stays up; Aussie advisers squeal at high cost of compo fund; UST 10yr at 4.51%; gold at new high; oil down; NZ$1 = 56.7 USc; TWI = 67.2

US PCE rises; Canada differential 'extreme'; Japanese retail sales rise; EU inflation stays up; Aussie advisers squeal at high cost of compo fund; UST 10yr at 4.51%; gold at new high; oil down; NZ$1 = 56.7 USc; TWI = 67.2

A review of things you need to know before you sign off on Friday; no retail rate changes, consumer sentiment eases, housing & business lending firm but rural lending weak, TDs jump, swaps & NZD stable, & more

A review of things you need to know before you sign off on Friday; no retail rate changes, consumer sentiment eases, housing & business lending firm but rural lending weak, TDs jump, swaps & NZD stable, & more

US posts impressive growth but less than expected; ECB cuts again with EU stalled; freight rates fall; air travel hits all-time high; UST 10yr at 4.53%; gold up near ATH and oil down; NZ$1 = 56.5 USc; TWI = 67

US posts impressive growth but less than expected; ECB cuts again with EU stalled; freight rates fall; air travel hits all-time high; UST 10yr at 4.53%; gold up near ATH and oil down; NZ$1 = 56.5 USc; TWI = 67

A review of things you need to know before you sign off on Thursday; more BNZ rate cuts, Heartland TD cuts too, trade in surplus, exports rising, inflation lingering, NZGBs very popular, fraud in focus, swaps & NZD stable, & more

A review of things you need to know before you sign off on Thursday; more BNZ rate cuts, Heartland TD cuts too, trade in surplus, exports rising, inflation lingering, NZGBs very popular, fraud in focus, swaps & NZD stable, & more

Banks are now super-sensitive to customer reactions when they have what is perceived as an uncompetitive mortgage rate card, and are moving quickly to hold their positions

Banks are now super-sensitive to customer reactions when they have what is perceived as an uncompetitive mortgage rate card, and are moving quickly to hold their positions

Eyes on US Fed; US data starts to react to Trump distortions; Canada trims rate; Russia PPI inflation jumps; Aussie inflation sets up rate cut; UST 10yr at 4.55%; gold soft and oil firm; NZ$1 = 56.5 USc; TWI = 67.1

Eyes on US Fed; US data starts to react to Trump distortions; Canada trims rate; Russia PPI inflation jumps; Aussie inflation sets up rate cut; UST 10yr at 4.55%; gold soft and oil firm; NZ$1 = 56.5 USc; TWI = 67.1

A review of things you need to know before you sign off on Wednesday; BNZ ends 5% TD rate, banking complaint scorecard update, mortgage interest paid swells, Aussie CPI modest, swaps & NZD hold, & more

A review of things you need to know before you sign off on Wednesday; BNZ ends 5% TD rate, banking complaint scorecard update, mortgage interest paid swells, Aussie CPI modest, swaps & NZD hold, & more

US moves to remove all ethical guardrails; consumer mood sours; China travel strong; Aussie business sentiment still negative; UST 10yr at 4.56%; gold and oil firm; NZ$1 = 56.6 USc; TWI = 67.1

US moves to remove all ethical guardrails; consumer mood sours; China travel strong; Aussie business sentiment still negative; UST 10yr at 4.56%; gold and oil firm; NZ$1 = 56.6 USc; TWI = 67.1

A review of things you need to know before you sign off on Tuesday; more retail rate cuts, job numbers turn up, tractor numbers turn down, R/E agent commissions solid, swaps stable, NZD eases, & more

A review of things you need to know before you sign off on Tuesday; more retail rate cuts, job numbers turn up, tractor numbers turn down, R/E agent commissions solid, swaps stable, NZD eases, & more

Banks trim term deposit rate offers in slow and steady track, shortening the terms for where their peak rates are pitched. But there are exceptions and options

Banks trim term deposit rate offers in slow and steady track, shortening the terms for where their peak rates are pitched. But there are exceptions and options

Laggard Kiwibank finally shifts its carded home loan rates down. And it's joined with cuts by many challenger banks. Kiwibank's one year rate now lower than all its Aussie rivals

Laggard Kiwibank finally shifts its carded home loan rates down. And it's joined with cuts by many challenger banks. Kiwibank's one year rate now lower than all its Aussie rivals

China PMIs weaken, profits soft and tax take lower; US data positive ahead of Q4 GDP result; UST 10yr at 4.53%; equities, gold and oil all down; NZ$1 = 56.8 USc; TWI = 67.1; bitcoin drops

China PMIs weaken, profits soft and tax take lower; US data positive ahead of Q4 GDP result; UST 10yr at 4.53%; equities, gold and oil all down; NZ$1 = 56.8 USc; TWI = 67.1; bitcoin drops

PMIs everywhere mostly positive; Japan and Singapore moved policy rates; India expansion loses some steam; UST 10yr at 4.62%; gold down and oil on hold; NZ$1 = 57.1 USc; TWI = 67.4

PMIs everywhere mostly positive; Japan and Singapore moved policy rates; India expansion loses some steam; UST 10yr at 4.62%; gold down and oil on hold; NZ$1 = 57.1 USc; TWI = 67.4

Each time a house is 'sold', that triggers an opportunity for industry professionals to participate in a $30,000 or more commission pot

Each time a house is 'sold', that triggers an opportunity for industry professionals to participate in a $30,000 or more commission pot

US PMIs positive but inflation lurks; Japan raises rates; Singapore loosens; India tests growth wobbles; Australia PMI contracts less; UST 10yr at 4.62%; gold up and oil down; NZ$1 = 57.2 USc; TWI = 67.4

US PMIs positive but inflation lurks; Japan raises rates; Singapore loosens; India tests growth wobbles; Australia PMI contracts less; UST 10yr at 4.62%; gold up and oil down; NZ$1 = 57.2 USc; TWI = 67.4

A review of things you need to know before you sign off on Friday; more home loan & TD rate cuts, rents softer, credit card use lower, but no credit card stress obvious, Turnbull to Milford, swaps stable, NZD marginally firmer, & more

A review of things you need to know before you sign off on Friday; more home loan & TD rate cuts, rents softer, credit card use lower, but no credit card stress obvious, Turnbull to Milford, swaps stable, NZD marginally firmer, & more

Trump bluster sets new low tone, raises risks; eyes on expected Japanese rate hike; China bolsters equity demand; freight rates fall sharply; Turkey cuts rates hard again; UST 10yr at 4.65%; gold and oil down; NZ$1 = 56.8 USc; TWI = 67.2

Trump bluster sets new low tone, raises risks; eyes on expected Japanese rate hike; China bolsters equity demand; freight rates fall sharply; Turkey cuts rates hard again; UST 10yr at 4.65%; gold and oil down; NZ$1 = 56.8 USc; TWI = 67.2

Westpac falls into line with matching mortgage and term deposit rate reductions. That leaves Kiwibank out on a bit of a limb, but at least they have the best main-bank term deposit rate

Westpac falls into line with matching mortgage and term deposit rate reductions. That leaves Kiwibank out on a bit of a limb, but at least they have the best main-bank term deposit rate

A review of things you need to know before you sign off on Thursday; Kiwi Bond rates cut, migration & tourism updates, successful NZGB tender, Crown a/cs show taxpayer stress, record high benefit levels, swaps stable NZD firmish, & more

A review of things you need to know before you sign off on Thursday; Kiwi Bond rates cut, migration & tourism updates, successful NZGB tender, Crown a/cs show taxpayer stress, record high benefit levels, swaps stable NZD firmish, & more

Treasury reduces Kiwi Bond interest rates, the benchmark for risk-free saving for retail savers, their first cut in 2025

Treasury reduces Kiwi Bond interest rates, the benchmark for risk-free saving for retail savers, their first cut in 2025

US retail indicators flash caution; ditto the CB LEI; Canada PPI rise soft; Korean sentiment improves; Aussie LEI improves; Aussie housing market does not; UST 10yr at 4.61%; gold up and oil down; NZ$1 = 56.6 USc; TWI = 67.2

US retail indicators flash caution; ditto the CB LEI; Canada PPI rise soft; Korean sentiment improves; Aussie LEI improves; Aussie housing market does not; UST 10yr at 4.61%; gold up and oil down; NZ$1 = 56.6 USc; TWI = 67.2

A review of things you need to know before you sign off on Wednesday; significant mortgage rate changes, dairy prices firm, real estate market quiet, inflation as expected, NZX50 little-changed, swaps stable, NZD on hold, & more

A review of things you need to know before you sign off on Wednesday; significant mortgage rate changes, dairy prices firm, real estate market quiet, inflation as expected, NZX50 little-changed, swaps stable, NZD on hold, & more

Although flexibility by banks on interest rates for mortgages is reducing fast, BNZ has staked a claim for attention by offering the lowest two year fixed rate in the present market

Although flexibility by banks on interest rates for mortgages is reducing fast, BNZ has staked a claim for attention by offering the lowest two year fixed rate in the present market