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
The run of lower and lower mortgage rates may be ending with major ASB pushing through some chunky home loan rate hikes, along with some TD rate rises
14th Jul 21, 9:04am
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The run of lower and lower mortgage rates may be ending with major ASB pushing through some chunky home loan rate hikes, along with some TD rate rises
US inflation jumps; US budget deficit shrinks; China's exports swell; Europe inflation modest; Aussie business confidence knocked; UST 10yr 1.41%, oil up and gold down; NZ$1 = 69.5 USc; TWI-5 = 72.4
14th Jul 21, 7:19am
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US inflation jumps; US budget deficit shrinks; China's exports swell; Europe inflation modest; Aussie business confidence knocked; UST 10yr 1.41%, oil up and gold down; NZ$1 = 69.5 USc; TWI-5 = 72.4
A review of things you need to know before you go home on Tuesday; house prices flat, sales volumes high, food prices & rental prices rise, eyes on CPI, swaps and NZD hold, & more
13th Jul 21, 3:59pm
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A review of things you need to know before you go home on Tuesday; house prices flat, sales volumes high, food prices & rental prices rise, eyes on CPI, swaps and NZD hold, & more
US inflation expectations rise; UST yields slip; India inflation rises; Japanese machinery orders jump again; NSW making no progress yet; UST 10yr 1.36%, oil and gold dip; NZ$1 = 69.8 USc; TWI-5 = 72.5
13th Jul 21, 7:22am
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US inflation expectations rise; UST yields slip; India inflation rises; Japanese machinery orders jump again; NSW making no progress yet; UST 10yr 1.36%, oil and gold dip; NZ$1 = 69.8 USc; TWI-5 = 72.5
A review of things you need to know before you go home on Monday; retail sales gains go timid, social housing register bursts higher, farmers grumpy, swaps soft & flatter, NZD slips, & more
12th Jul 21, 4:10pm
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A review of things you need to know before you go home on Monday; retail sales gains go timid, social housing register bursts higher, farmers grumpy, swaps soft & flatter, NZD slips, & more
Global food prices dip; China cuts RRR; China car sales retreat; China CPI slips; US MPS sees blockages; NSW stumbles on pandemic response; UST 10yr 1.36%, oil stable and gold dips; NZ$1 = 70 USc; TWI-5 = 72.6
12th Jul 21, 7:19am
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Global food prices dip; China cuts RRR; China car sales retreat; China CPI slips; US MPS sees blockages; NSW stumbles on pandemic response; UST 10yr 1.36%, oil stable and gold dips; NZ$1 = 70 USc; TWI-5 = 72.6
Deficit spending that pays for current consumption is just a wealth transfer from future taxpayers to current consumers. Economist Larry Kitlikoff et al say accumulating debt to pay for current expenses is like a Ponzi scheme
10th Jul 21, 6:24pm
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Deficit spending that pays for current consumption is just a wealth transfer from future taxpayers to current consumers. Economist Larry Kitlikoff et al say accumulating debt to pay for current expenses is like a Ponzi scheme
US to tackle big corporates; China cuts its bank reserve requirements; China's CPI slips; global food prices slip off highs; Sydney lockdown tightens; UST 10yr 1.36%, oil and gold up; NZ$1 = 69.9 USc; TWI-5 = 72.6
10th Jul 21, 8:10am
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US to tackle big corporates; China cuts its bank reserve requirements; China's CPI slips; global food prices slip off highs; Sydney lockdown tightens; UST 10yr 1.36%, oil and gold up; NZ$1 = 69.9 USc; TWI-5 = 72.6
A review of things you need to know before you go home on Friday; some minor rate changes, 'economy strained', NSW arrives must again quarantine, rate hike expectations rise, swaps stable, NZD soft, & more
9th Jul 21, 3:59pm
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A review of things you need to know before you go home on Friday; some minor rate changes, 'economy strained', NSW arrives must again quarantine, rate hike expectations rise, swaps stable, NZD soft, & more
Financial markets recoil on bond squeeze; US consumer debt surges; ECB adopts climate change policies; Australia eyes new macropru actions; UST 10yr 1.29%, oil and gold hold; NZ$1 = 69.5 USc; TWI-5 = 72.3
9th Jul 21, 7:21am
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Financial markets recoil on bond squeeze; US consumer debt surges; ECB adopts climate change policies; Australia eyes new macropru actions; UST 10yr 1.29%, oil and gold hold; NZ$1 = 69.5 USc; TWI-5 = 72.3
Unprecedented rise in the total 'value' of our housing stock over the past year sees it streaking up 40 times faster than the rise in total economic activity, even though it too has jumped in the pandemic recovery
8th Jul 21, 4:54pm
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Unprecedented rise in the total 'value' of our housing stock over the past year sees it streaking up 40 times faster than the rise in total economic activity, even though it too has jumped in the pandemic recovery
A review of things you need to know before you go home on Thursday; TSB raises TD rates, job ads at record high, GDP a poor cousin to house values, swaps fallen further, NZD softens, & more
8th Jul 21, 3:59pm
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A review of things you need to know before you go home on Thursday; TSB raises TD rates, job ads at record high, GDP a poor cousin to house values, swaps fallen further, NZD softens, & more
US Fed prepares for tapering and rate rises; US vehicle sales lower; US Q2 GDP roaring; China signals RRR cut, China singles out Australia again; UST 10yr 1.32%, oil down and gold up; NZ$1 = 70.2 USc; TWI-5 = 73
8th Jul 21, 7:22am
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US Fed prepares for tapering and rate rises; US vehicle sales lower; US Q2 GDP roaring; China signals RRR cut, China singles out Australia again; UST 10yr 1.32%, oil down and gold up; NZ$1 = 70.2 USc; TWI-5 = 73
A review of things you need to know before you go home on Wednesday; dairy prices slip, another vaccine approved, investors confident, QV wonders if market turning, short swaps stay up, NZD softer, & more
7th Jul 21, 3:59pm
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A review of things you need to know before you go home on Wednesday; dairy prices slip, another vaccine approved, investors confident, QV wonders if market turning, short swaps stay up, NZD softer, & more
Dairy prices slide; US services PMI off it highs; German sentiment slips; EU retail sales rise; China readies a retirement age rise; RBA starts QE windback; UST 10yr 1.37%, oil sinks but gold up; NZ$1 = 70.1 USc; TWI-5 = 72.9
7th Jul 21, 7:21am
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Dairy prices slide; US services PMI off it highs; German sentiment slips; EU retail sales rise; China readies a retirement age rise; RBA starts QE windback; UST 10yr 1.37%, oil sinks but gold up; NZ$1 = 70.1 USc; TWI-5 = 72.9
A review of things you need to know before you go home on Tuesday; another $0.5 bln in FLP, auction clearances high, QSBO strong, Westpac sells life insurance business, swaps up, NZD jumps, & more
6th Jul 21, 3:59pm
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A review of things you need to know before you go home on Tuesday; another $0.5 bln in FLP, auction clearances high, QSBO strong, Westpac sells life insurance business, swaps up, NZD jumps, & more
China faces currency and service sector challenges; Aussie gains flatten off; OECD sees higher inflation; Canadian sentiment improves; UST 10yr 1.43%, oil and gold up; NZ$1 = 70.2 USc; TWI-5 = 72.9
6th Jul 21, 7:20am
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China faces currency and service sector challenges; Aussie gains flatten off; OECD sees higher inflation; Canadian sentiment improves; UST 10yr 1.43%, oil and gold up; NZ$1 = 70.2 USc; TWI-5 = 72.9
A review of things you need to know before you go home on Monday; few retail rate changes, house prices 'stubbornly high', commodity prices up, NZR shrinking, swaps stable, NZD soft, & more
5th Jul 21, 3:59pm
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A review of things you need to know before you go home on Monday; few retail rate changes, house prices 'stubbornly high', commodity prices up, NZR shrinking, swaps stable, NZD soft, & more
Both the US and China taking a breather; another large ransomware attack; China opens up to investors; US jobs surge; Aussie investor lending jumps; UST 10yr 1.43%, oil stable, gold down; NZ$1 = 70.3 USc; TWI-5 = 73
5th Jul 21, 7:19am
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Both the US and China taking a breather; another large ransomware attack; China opens up to investors; US jobs surge; Aussie investor lending jumps; UST 10yr 1.43%, oil stable, gold down; NZ$1 = 70.3 USc; TWI-5 = 73
US payrolls recover faster; US factory orders rise; Canadian building permits slump; Korea and India get high CPI rises; Aussie bank lending to investors jumps; UST 10yr at 1.43%; gold and oil firm; NZ$1 = 70.3 USc; TWI-5 = 73
3rd Jul 21, 8:37am
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US payrolls recover faster; US factory orders rise; Canadian building permits slump; Korea and India get high CPI rises; Aussie bank lending to investors jumps; UST 10yr at 1.43%; gold and oil firm; NZ$1 = 70.3 USc; TWI-5 = 73
In the first month since the introduction of the Clean Car Discount, sales of SUVs and double cab utes rise strongly and NEV share falls. And those buying electrics are doing so at the luxury end
2nd Jul 21, 4:44pm
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In the first month since the introduction of the Clean Car Discount, sales of SUVs and double cab utes rise strongly and NEV share falls. And those buying electrics are doing so at the luxury end
A review of things you need to know before you go home on Friday; more TD rate rises, higher inflation expectations, greenies says CCC not tough enough, swaps rates fall at long end, NZD soft, & more
2nd Jul 21, 3:59pm
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A review of things you need to know before you go home on Friday; more TD rate rises, higher inflation expectations, greenies says CCC not tough enough, swaps rates fall at long end, NZD soft, & more
US jobless claims fall; US and EU PMI's still expanding strongly; China's PMIs drop back to minimal expansion; OECD tax deal endorsed; UST 10yr at 1.48%; gold and oil firm; NZ$1 = 69.7 USc; TWI-5 = 72.6
2nd Jul 21, 7:19am
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US jobless claims fall; US and EU PMI's still expanding strongly; China's PMIs drop back to minimal expansion; OECD tax deal endorsed; UST 10yr at 1.48%; gold and oil firm; NZ$1 = 69.7 USc; TWI-5 = 72.6
A review of things you need to know before you go home on Thursday; many retail rate changes, jump in building consents, surge in tax collections, swaps stable, NZD unchanged, & more
1st Jul 21, 3:59pm
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A review of things you need to know before you go home on Thursday; many retail rate changes, jump in building consents, surge in tax collections, swaps stable, NZD unchanged, & more
Surging tax collections and spending plans that haven't yet gained any momentum are resulting in enormous changes in the Crown Accounts results
1st Jul 21, 1:39pm
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Surging tax collections and spending plans that haven't yet gained any momentum are resulting in enormous changes in the Crown Accounts results