David Chaston

The terms and conditions for extra home loan repayments or lump sum payments differ between banks, with some much more generous than others

The terms and conditions for extra home loan repayments or lump sum payments differ between banks, with some much more generous than others

Following a third consecutive 50 bps RBNZ OCR hike accompanied by a hawkish outlook, banks have started to raise their floating rates - the first from BNZ, then Kiwibank

Following a third consecutive 50 bps RBNZ OCR hike accompanied by a hawkish outlook, banks have started to raise their floating rates - the first from BNZ, then Kiwibank

US inflation hits 40 year high; US budget deficit shrinks fast; Canada goes the whole hog; IMF warns over slow reactions; China banks face tough tests; UST 10yr 2.91%; gold up and oil unchanged; NZ$1 = 61.6 USc; TWI-5 = 70.6

US inflation hits 40 year high; US budget deficit shrinks fast; Canada goes the whole hog; IMF warns over slow reactions; China banks face tough tests; UST 10yr 2.91%; gold up and oil unchanged; NZ$1 = 61.6 USc; TWI-5 = 70.6

A review of things you need to know before you sign off on Wednesday; waiting for the retail reaction to the OCR hike, food price up, house sales cool, rent rises mixed, swaps lower, NZD unchanged, & more

A review of things you need to know before you sign off on Wednesday; waiting for the retail reaction to the OCR hike, food price up, house sales cool, rent rises mixed, swaps lower, NZD unchanged, & more

US inflation expectations rise, but so does retail activity, including imports from China; China reveals highway building plans; Aussie business sentiment slips; new FMD risk; UST 10yr 2.95%; gold and oil drop; NZ$1 = 61.4 USc; TWI-5 = 70.5

US inflation expectations rise, but so does retail activity, including imports from China; China reveals highway building plans; Aussie business sentiment slips; new FMD risk; UST 10yr 2.95%; gold and oil drop; NZ$1 = 61.4 USc; TWI-5 = 70.5

A review of things you need to know before you sign off on Tuesday; minor rate changes ahead of the OCR review, net immigration loss, visitor growth modest, farmers glum, swaps waiting for RBNZ, NZD stable, & more

A review of things you need to know before you sign off on Tuesday; minor rate changes ahead of the OCR review, net immigration loss, visitor growth modest, farmers glum, swaps waiting for RBNZ, NZD stable, & more

A review of things you need to know before you sign off on Monday; chunky mortgage and TD moves by 2 banks, retail spending stalls, Rebecca Stevenson joins, swaps up, NZD stable, & more

A review of things you need to know before you sign off on Monday; chunky mortgage and TD moves by 2 banks, retail spending stalls, Rebecca Stevenson joins, swaps up, NZD stable, & more

Kiwibank offers 4% for a one year term deposit, 7-years after the last time it had such an offer. Challenger banks are now offering higher one-year rates as rate curve moves higher

Kiwibank offers 4% for a one year term deposit, 7-years after the last time it had such an offer. Challenger banks are now offering higher one-year rates as rate curve moves higher

China's CPI rise highest in 23 months but growth fades; Taiwan exports very strong; US jobs expand faster; world food prices stop rising; UST 10yr 3.08%; gold and oil dip; NZ$1 = 61.9 USc; TWI-5 = 70.6

China's CPI rise highest in 23 months but growth fades; Taiwan exports very strong; US jobs expand faster; world food prices stop rising; UST 10yr 3.08%; gold and oil dip; NZ$1 = 61.9 USc; TWI-5 = 70.6

Strong US jobs growth; consumer debt rise mellows; Canada's jobs turn full-time; China struggles in industrial heartland; Aussie flood costs high; UST 10yr 3.08%; gold and oil up; NZ$1 = 61.9 USc; TWI-5 = 70.6

Strong US jobs growth; consumer debt rise mellows; Canada's jobs turn full-time; China struggles in industrial heartland; Aussie flood costs high; UST 10yr 3.08%; gold and oil up; NZ$1 = 61.9 USc; TWI-5 = 70.6

A review of things you need to know before you sign off on Friday; ASB cuts too, traffic slow, retail weak, more FLP draws, NZ & AU talk more usefully, swaps firm, NZD unchanged, & more

A review of things you need to know before you sign off on Friday; ASB cuts too, traffic slow, retail weak, more FLP draws, NZ & AU talk more usefully, swaps firm, NZD unchanged, & more

ASB the last main bank to follow ANZ down with a cut to its 2yr fixed home loan rate offer, cuts 1yr rate too. Challenger banks make changes as well, leaving TSB with the most competitive full rate card

ASB the last main bank to follow ANZ down with a cut to its 2yr fixed home loan rate offer, cuts 1yr rate too. Challenger banks make changes as well, leaving TSB with the most competitive full rate card

US trade data positive; China's fx reserves fall; huge Aussie trade surplus record; China's pandemic struggle extends; UST 10yr 3.01%; gold and oil firm; NZ$1 = 61.7 USc; TWI-5 = 70.5

US trade data positive; China's fx reserves fall; huge Aussie trade surplus record; China's pandemic struggle extends; UST 10yr 3.01%; gold and oil firm; NZ$1 = 61.7 USc; TWI-5 = 70.5

A review of things you need to know before you sign off on Thursday; no retail rate changes, big NZGB action, ANZ preference share offer popular, swaps tick up, NZD firm, & more

A review of things you need to know before you sign off on Thursday; no retail rate changes, big NZGB action, ANZ preference share offer popular, swaps tick up, NZD firm, & more

US data generally upbeat; But the Fed's inflation concerns grow; Germany factory orders rise; energy cost surges give global challenge; UST 10yr 2.90%; gold and oil lower; NZ$1 = 61.5 USc; TWI-5 = 70.3

US data generally upbeat; But the Fed's inflation concerns grow; Germany factory orders rise; energy cost surges give global challenge; UST 10yr 2.90%; gold and oil lower; NZ$1 = 61.5 USc; TWI-5 = 70.3

A review of things you need to know before you sign off on Wednesday; others follow ANZ's 2yr fixed rate cut, lower dairy prices, fewer job ads, higher tax inflation, labour force growth stalls, swaps drop, NZD holds, & more

A review of things you need to know before you sign off on Wednesday; others follow ANZ's 2yr fixed rate cut, lower dairy prices, fewer job ads, higher tax inflation, labour force growth stalls, swaps drop, NZD holds, & more

Dairy prices fall with other commodities. But US, Chinese, and Japanese data strengthens; tech under fire; more Aussie rate rising coming; UST 10yr 2.80%; gold down and oil drops hard; NZ$1 = 61.4 USc; TWI-5 = 70.1

Dairy prices fall with other commodities. But US, Chinese, and Japanese data strengthens; tech under fire; more Aussie rate rising coming; UST 10yr 2.80%; gold down and oil drops hard; NZ$1 = 61.4 USc; TWI-5 = 70.1

A review of things you need to know before you sign off on Tuesday; we are back after a painful outage. ANZ cuts a key rate, confidence slips, spending soft, RBA raises +50 bps, swaps up, NZD mixed, & more

A review of things you need to know before you sign off on Tuesday; we are back after a painful outage. ANZ cuts a key rate, confidence slips, spending soft, RBA raises +50 bps, swaps up, NZD mixed, & more

Volatile wholesale interest rates have induced ANZ to cut its key 2 year home loan rate, now well below its main rivals, but not quite back to where where it was at the end of May. Westpac and BNZ follow, BNZ goes lower

Volatile wholesale interest rates have induced ANZ to cut its key 2 year home loan rate, now well below its main rivals, but not quite back to where where it was at the end of May. Westpac and BNZ follow, BNZ goes lower

Commodity prices move lower; China halves car tax; more additives found in Chinese milk; Turkey inflation almost +80%; Aussie building permits jump; UST 10yr 2.89%; gold down and oil up; NZ$1 = 62.1 USc; TWI-5 = 70.3

Commodity prices move lower; China halves car tax; more additives found in Chinese milk; Turkey inflation almost +80%; Aussie building permits jump; UST 10yr 2.89%; gold down and oil up; NZ$1 = 62.1 USc; TWI-5 = 70.3

A review of things you need to know before you sign off on Monday; Barfoot's sales volumes very low, Du Val loses in court, ANZ sets pref share margin, Aussie data impresses, swap rates tumble, NZD holds, & more

A review of things you need to know before you sign off on Monday; Barfoot's sales volumes very low, Du Val loses in court, ANZ sets pref share margin, Aussie data impresses, swap rates tumble, NZD holds, & more

ANZ launches 'Good Energy Home Loan' allowing home owners to top up an extra $80,000 for a range of energy saving projects - including buying an EV - at a 1% pa rate for 3 years

ANZ launches 'Good Energy Home Loan' allowing home owners to top up an extra $80,000 for a range of energy saving projects - including buying an EV - at a 1% pa rate for 3 years

Commodity prices soft; China PMIs turn from contracting; US PMIs expand but more modestly; EU inflation extreme; NSW floods serious; UST 10yr 2.89%; gold and oil stable; NZ$1 = 62.1 USc; TWI-5 = 70.4

Commodity prices soft; China PMIs turn from contracting; US PMIs expand but more modestly; EU inflation extreme; NSW floods serious; UST 10yr 2.89%; gold and oil stable; NZ$1 = 62.1 USc; TWI-5 = 70.4

US factory new order growth stalls; eyes on inventory levels; China PMIs expand modestly; India slaps new taxes on exporters; EU CPI jumps; UST 10yr 2.89%; gold down and oil up; NZ$1 = 62.1 USc; TWI-5 = 70.4

US factory new order growth stalls; eyes on inventory levels; China PMIs expand modestly; India slaps new taxes on exporters; EU CPI jumps; UST 10yr 2.89%; gold down and oil up; NZ$1 = 62.1 USc; TWI-5 = 70.4