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
Westpac NZ hit with a public shaming over its culture around how it approached liquidity risk compliance that resulted in 'material failures'
24th Mar 21, 8:58am
18
Westpac NZ hit with a public shaming over its culture around how it approached liquidity risk compliance that resulted in 'material failures'
US retail and new home sales weaken; Yellen promotes huge infrastructure plan; Taiwan data positive; Australia ending JobKeeper; UST 10yr at 1.64%; oil and gold drop; NZ$1 = 70.2 USc; TWI-5 = 72.4
24th Mar 21, 7:17am
137
US retail and new home sales weaken; Yellen promotes huge infrastructure plan; Taiwan data positive; Australia ending JobKeeper; UST 10yr at 1.64%; oil and gold drop; NZ$1 = 70.2 USc; TWI-5 = 72.4
A review of things you need to know before you go home on Tuesday; housing policy, housing policy, housing policy, and little else, swaps slip, NZD falls, & more
23rd Mar 21, 3:59pm
85
A review of things you need to know before you go home on Tuesday; housing policy, housing policy, housing policy, and little else, swaps slip, NZD falls, & more
US data soft for house sales, economic activity; China ratifies the RCEP; China steel prices up sharply; Turkey and Indonesia stumble; UST 10yr at 1.69%; oil and gold soft; NZ$1 = 71.8 USc; TWI-5 = 73.8
23rd Mar 21, 7:21am
38
US data soft for house sales, economic activity; China ratifies the RCEP; China steel prices up sharply; Turkey and Indonesia stumble; UST 10yr at 1.69%; oil and gold soft; NZ$1 = 71.8 USc; TWI-5 = 73.8
A review of things you need to know before you go home on Monday; SBS Bank raises TD rates, consumer confidence slips, airfreight subsidies extended, electricity prices up, swaps lower, NZD slips, & more
22nd Mar 21, 3:59pm
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A review of things you need to know before you go home on Monday; SBS Bank raises TD rates, consumer confidence slips, airfreight subsidies extended, electricity prices up, swaps lower, NZD slips, & more
China's debt distortions grow but PBoC happy with settings; US faces long-term drought in West; commodity prices rise; Turkey unstable; UST 10yr at 1.73%; oil and gold holds; NZ$1 = 71.6 USc; TWI-5 = 73.8
22nd Mar 21, 7:19am
84
China's debt distortions grow but PBoC happy with settings; US faces long-term drought in West; commodity prices rise; Turkey unstable; UST 10yr at 1.73%; oil and gold holds; NZ$1 = 71.6 USc; TWI-5 = 73.8
SBS Bank raises its 2 and 3 year term deposit rates sharply. Have we reached the bottom for term deposit rates now that benchmark yields are on the way up again?
21st Mar 21, 9:17am
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SBS Bank raises its 2 and 3 year term deposit rates sharply. Have we reached the bottom for term deposit rates now that benchmark yields are on the way up again?
US Fed ends loose capital rules; Canada retail struggles; India recovers hesitantly; commodity prices eye bull run; Aussie retail struggles; UST 10yr at 1.73%; oil holds but gold rises; NZ$1 = 71.7 USc; TWI-5 = 73.8
20th Mar 21, 8:45am
41
US Fed ends loose capital rules; Canada retail struggles; India recovers hesitantly; commodity prices eye bull run; Aussie retail struggles; UST 10yr at 1.73%; oil holds but gold rises; NZ$1 = 71.7 USc; TWI-5 = 73.8
A review of things you need to know before you go home on Friday; lifestyle block sales surge, term deposit balances drop hard again, Auckland new home building picks up, swaps rise, NZD falls, & more
19th Mar 21, 3:59pm
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A review of things you need to know before you go home on Friday; lifestyle block sales surge, term deposit balances drop hard again, Auckland new home building picks up, swaps rise, NZD falls, & more
US jobless claims rise; US factories very positive; China faces bond maturity wall; Aussie jobless rate dips; UST 10yr at 1.73%; oil drops but gold firms; NZ$1 = 71.9 USc; TWI-5 = 73.9
19th Mar 21, 7:19am
108
US jobless claims rise; US factories very positive; China faces bond maturity wall; Aussie jobless rate dips; UST 10yr at 1.73%; oil drops but gold firms; NZ$1 = 71.9 USc; TWI-5 = 73.9
A review of things you need to know before you go home on Thursday; ANZ warns on rising house price consequences, GDP growth goes into reverse, bond yields dip again, swaps and NZD firm, & more
18th Mar 21, 3:59pm
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A review of things you need to know before you go home on Thursday; ANZ warns on rising house price consequences, GDP growth goes into reverse, bond yields dip again, swaps and NZD firm, & more
Fed upgrades growth forecasts sharply, but sees inflation bump short-lived; US data soft; China facing food threats, importing much more; UST 10yr at 1.65%; oil and gold dip; NZ$1 = 72.1 USc; TWI-5 = 74
18th Mar 21, 7:22am
72
Fed upgrades growth forecasts sharply, but sees inflation bump short-lived; US data soft; China facing food threats, importing much more; UST 10yr at 1.65%; oil and gold dip; NZ$1 = 72.1 USc; TWI-5 = 74
A review of things you need to know before you go home on Wednesday; dairy prices dip, C/A deficit stays slim, rents rise to record levels, investors grab more home loans, swaps and NZD await Powell, & more
17th Mar 21, 3:59pm
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A review of things you need to know before you go home on Wednesday; dairy prices dip, C/A deficit stays slim, rents rise to record levels, investors grab more home loans, swaps and NZD await Powell, & more
Dairy prices fall back; US retail sales disappoint; US industrial production slips; SCMP hobbled; Wall Street marks time; UST 10yr at 1.62%; oil dips, gold firms; NZ$1 = 71.9 USc; TWI-5 = 74
17th Mar 21, 7:25am
31
Dairy prices fall back; US retail sales disappoint; US industrial production slips; SCMP hobbled; Wall Street marks time; UST 10yr at 1.62%; oil dips, gold firms; NZ$1 = 71.9 USc; TWI-5 = 74
A review of things you need to know before you go home on Tuesday; no retail rate changes, Auckland auction success rises, Briscoes stars, credit card balances droop again, swaps and NZD on hold, & more
16th Mar 21, 3:59pm
42
A review of things you need to know before you go home on Tuesday; no retail rate changes, Auckland auction success rises, Briscoes stars, credit card balances droop again, swaps and NZD on hold, & more
US data positive; China posts big economic data gains but not all as it first seems; Beijing hit by sandstorm; Danone dumps boss; UST 10yr at 1.61%; oil and gold hold; NZ$1 = 71.9 USc; TWI-5 = 74
16th Mar 21, 7:19am
72
US data positive; China posts big economic data gains but not all as it first seems; Beijing hit by sandstorm; Danone dumps boss; UST 10yr at 1.61%; oil and gold hold; NZ$1 = 71.9 USc; TWI-5 = 74
A review of things you need to know before you go home on Monday; service sector struggles, a $½ bln FLP drawdown, the IRD targets realtors, yields rise sharply, swaps up, NZD holds, & more
15th Mar 21, 3:59pm
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A review of things you need to know before you go home on Monday; service sector struggles, a $½ bln FLP drawdown, the IRD targets realtors, yields rise sharply, swaps up, NZD holds, & more
China struggles with ASF still; food commodity prices rise, iron ore dips; China FDI rises; eyes on central banks as bond yields lurch up; Australia eyes Singapore entry hub; UST 10yr at 1.63%; oil dips and gold firm; NZ$1 = 71.7 USc; TWI-5 = 73.7
15th Mar 21, 7:19am
63
China struggles with ASF still; food commodity prices rise, iron ore dips; China FDI rises; eyes on central banks as bond yields lurch up; Australia eyes Singapore entry hub; UST 10yr at 1.63%; oil dips and gold firm; NZ$1 = 71.7 USc; TWI-5 = 73.7
According to OECD data, New Zealand ranks in the best ten in terms of minimising the gender pay gap, far more equal that Australia, the USA and most northern European countries
14th Mar 21, 12:46pm
25
According to OECD data, New Zealand ranks in the best ten in terms of minimising the gender pay gap, far more equal that Australia, the USA and most northern European countries
With house prices and mortgage debt growing faster than our economy, we check our collective behaviour for how homeowners handled their borrowed financial obligations in 2020
13th Mar 21, 9:01am
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With house prices and mortgage debt growing faster than our economy, we check our collective behaviour for how homeowners handled their borrowed financial obligations in 2020
US sentiment rises; Canada hiring jumps; China FDI up; industrial production data mixed; food prices rise; coal on ropes; Corman wins OECD job; UST 10yr at 1.63%; oil up and gold soft; NZ$1 = 71.8USc; TWI-5 = 73.8
13th Mar 21, 8:46am
28
US sentiment rises; Canada hiring jumps; China FDI up; industrial production data mixed; food prices rise; coal on ropes; Corman wins OECD job; UST 10yr at 1.63%; oil up and gold soft; NZ$1 = 71.8USc; TWI-5 = 73.8
A review of things you need to know before you go home on Friday; affordability gets worse faster, buyer sentiment crumbles, IMF gives its 2c worth, PMI slows, swaps down again, NZD holds, & more
12th Mar 21, 3:59pm
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A review of things you need to know before you go home on Friday; affordability gets worse faster, buyer sentiment crumbles, IMF gives its 2c worth, PMI slows, swaps down again, NZD holds, & more
US jobless claims reduce, layoffs decline; US Federal deficit swells but private net worth jumps; China vehicle sales slip; S&P warns Australia; UST 10yr at 1.52%; oil and gold up; NZ$1 = 72.1 USc; TWI-5 = 74
12th Mar 21, 7:19am
56
US jobless claims reduce, layoffs decline; US Federal deficit swells but private net worth jumps; China vehicle sales slip; S&P warns Australia; UST 10yr at 1.52%; oil and gold up; NZ$1 = 72.1 USc; TWI-5 = 74
A review of things you need to know before you go home on Thursday; house prices in frenzy stage, rents flat, banks ignore FLP, Rabobank latest to say milk price will go higher, swaps lower, NZD up, & more
11th Mar 21, 3:59pm
74
A review of things you need to know before you go home on Thursday; house prices in frenzy stage, rents flat, banks ignore FLP, Rabobank latest to say milk price will go higher, swaps lower, NZD up, & more
Huge US stimulus about to be ok'd; US inflation muted; China has deflation again; China policy shifts to bubble prevention; iron ore prices tumble; UST 10yr at 1.51%; oil lower and gold unchanged; NZ$1 = 71.7 USc; TWI-5 = 73.8
11th Mar 21, 7:18am
50
Huge US stimulus about to be ok'd; US inflation muted; China has deflation again; China policy shifts to bubble prevention; iron ore prices tumble; UST 10yr at 1.51%; oil lower and gold unchanged; NZ$1 = 71.7 USc; TWI-5 = 73.8