David Chaston

Bank of New Zealand launches a market leading 18 month fixed mortgage rate offer at just 3.05%, the lowest rate for this term by any bank. They also change term deposit rates

Bank of New Zealand launches a market leading 18 month fixed mortgage rate offer at just 3.05%, the lowest rate for this term by any bank. They also change term deposit rates

A review of things you need to know before you go home on Friday; savings account interest vanishing, credit card use, NZ Super Fund loses bigtime, taxpayers bailout AirNZ, swap rates fall, NZD recovers, & more

A review of things you need to know before you go home on Friday; savings account interest vanishing, credit card use, NZ Super Fund loses bigtime, taxpayers bailout AirNZ, swap rates fall, NZD recovers, & more

Jobless claims leap in the US; China returns to work fitfully; public debt explodes at tax revenues sink; borders shut; international air travel dead; UST 10yr yield at 1.07%; oil up and gold down; NZ$1 = 58.2 USc; TWI-5 = 66

Jobless claims leap in the US; China returns to work fitfully; public debt explodes at tax revenues sink; borders shut; international air travel dead; UST 10yr yield at 1.07%; oil up and gold down; NZ$1 = 58.2 USc; TWI-5 = 66

A review of things you need to know before you go home on Thursday; bond and currency markets freezing up, in panic mode. More mortgage cuts, yields jump, swaps leap, NZD crashing, & more

A review of things you need to know before you go home on Thursday; bond and currency markets freezing up, in panic mode. More mortgage cuts, yields jump, swaps leap, NZD crashing, & more

Kiwibank is cutting 1-year fixed mortgage rate 'special' by -36 bps from Monday to 3.09%, and cutting savings rates by between -10 and -50 bps

Kiwibank is cutting 1-year fixed mortgage rate 'special' by -36 bps from Monday to 3.09%, and cutting savings rates by between -10 and -50 bps

Equities crash as fear overwhelms rescue plans; China facing -10% decline, but facing improved conditions; China port blocks ships; UST 10yr yield at 1.20%; oil and gold drop hard; NZ$1 = 57.6 USc; TWI-5 = 65.1

Equities crash as fear overwhelms rescue plans; China facing -10% decline, but facing improved conditions; China port blocks ships; UST 10yr yield at 1.20%; oil and gold drop hard; NZ$1 = 57.6 USc; TWI-5 = 65.1

ANZ sets a record low one year fixed home loan rate and slices -25 bps off of almost all term deposit offers. Other banks expected to follow soon

ANZ sets a record low one year fixed home loan rate and slices -25 bps off of almost all term deposit offers. Other banks expected to follow soon

A review of things you need to know before you go home on Wednesday; more retail rate changes, export slippage, Fonterra improves, forecasting nightmare, explosive virus jumps, swaps up, NZD down, & more

A review of things you need to know before you go home on Wednesday; more retail rate changes, export slippage, Fonterra improves, forecasting nightmare, explosive virus jumps, swaps up, NZD down, & more

Fonterra reports big profit recovery but leaves milk payout forecast unchanged and won't pay an interim dividend

Fonterra reports big profit recovery but leaves milk payout forecast unchanged and won't pay an interim dividend

Dairy prices hold; Wall Street up then down then up; US retail sales weaker; US proposes helicopter money; Australian economy waivers; UST 10yr yield at 0.86%; oil down and gold up; NZ$1 = 59.8 USc; TWI-5 = 66.6

Dairy prices hold; Wall Street up then down then up; US retail sales weaker; US proposes helicopter money; Australian economy waivers; UST 10yr yield at 0.86%; oil down and gold up; NZ$1 = 59.8 USc; TWI-5 = 66.6

A review of things you need to know before you go home on Tuesday; more retail rate changes, big fiscal rescue package, auction activity holding up, consumer confidence slips, swap rates jump, NZD flat, & more

A review of things you need to know before you go home on Tuesday; more retail rate changes, big fiscal rescue package, auction activity holding up, consumer confidence slips, swap rates jump, NZD flat, & more

Equity markets resume sharp retreat; US factory orders fall; air cargo capacity dives; China shows what's to come; UST 10yr yield at 0.72%; oil and gold drop; NZ$1 = 61 USc; TWI-5 = 67.2

Equity markets resume sharp retreat; US factory orders fall; air cargo capacity dives; China shows what's to come; UST 10yr yield at 0.72%; oil and gold drop; NZ$1 = 61 USc; TWI-5 = 67.2

A review of things you need to know before you go home on Monday; many floating rate cuts, TD trimming, central banks launch kitchen sinks, PSI expands, migration up, swaps sink, NZD whipsaws, & more

A review of things you need to know before you go home on Monday; many floating rate cuts, TD trimming, central banks launch kitchen sinks, PSI expands, migration up, swaps sink, NZD whipsaws, & more

BNZ, Westpac, ANZ, ASB and Kiwibank cut floating mortgage rates to match RBNZ's 75 basis points OCR cut, some savings rates lowered too

BNZ, Westpac, ANZ, ASB and Kiwibank cut floating mortgage rates to match RBNZ's 75 basis points OCR cut, some savings rates lowered too

Lockdowns freeze up societies and financial markets; consumer sentiment buckles; monetary authorities try usual things in big doses; EU and US infections leap; China eases up; UST 10yr yield at 0.98%; oil and gold drop; NZ$1 = 60.6 USc; TWI-5 = 67

Lockdowns freeze up societies and financial markets; consumer sentiment buckles; monetary authorities try usual things in big doses; EU and US infections leap; China eases up; UST 10yr yield at 0.98%; oil and gold drop; NZ$1 = 60.6 USc; TWI-5 = 67

Kiwibank make the next home loan rate reductions, and its new three year rate stands out as the lowest among their main rivals. ANZ slips further behind the pace

Kiwibank make the next home loan rate reductions, and its new three year rate stands out as the lowest among their main rivals. ANZ slips further behind the pace

Wall Street tries partial comeback on stimulus hopes; Fed ramps up liquidity support; many countries add their own support; Europe new virus epicenter; UST 10yr yield at 0.94%; oil and gold drop; NZ$1 = 60.5 USc; TWI-5 = 66.8

Wall Street tries partial comeback on stimulus hopes; Fed ramps up liquidity support; many countries add their own support; Europe new virus epicenter; UST 10yr yield at 0.94%; oil and gold drop; NZ$1 = 60.5 USc; TWI-5 = 66.8

A review of things you need to know before you go home on Friday; many retail interest rate changes, PMI positive, food prices up, SMEs in good shape, global markets dire, swaps up, NZD down, & more

A review of things you need to know before you go home on Friday; many retail interest rate changes, PMI positive, food prices up, SMEs in good shape, global markets dire, swaps up, NZD down, & more

Wall Street recoils; Fed announces huge bank support; markets not reassured; ECB adds to QE; White House announcements cause alarm; China economy hurting; UST 10yr yield falls to 0.71%; oil and gold down; NZ$1 = 61.1 USc; TWI-5 = 67

Wall Street recoils; Fed announces huge bank support; markets not reassured; ECB adds to QE; White House announcements cause alarm; China economy hurting; UST 10yr yield falls to 0.71%; oil and gold down; NZ$1 = 61.1 USc; TWI-5 = 67

A review of things you need to know before you go home on Thursday; some key retail rate cuts, strong housing sales, 'not a good time to buy', Aussie helicopter money, swaps steepen, NZD holds, & more

A review of things you need to know before you go home on Thursday; some key retail rate cuts, strong housing sales, 'not a good time to buy', Aussie helicopter money, swaps steepen, NZD holds, & more

ASB becomes the first bank to offer all fixed rates below 4%, and now offers the lowest two year fixed rate 'special' of any major bank. These reductions come after TD rate cuts

ASB becomes the first bank to offer all fixed rates below 4%, and now offers the lowest two year fixed rate 'special' of any major bank. These reductions come after TD rate cuts

A downbeat economic outlook is seeing more banks cut their term deposit offers and the trend is probably only just starting

A downbeat economic outlook is seeing more banks cut their term deposit offers and the trend is probably only just starting

Equity markets fall; pandemic declared; NY Fed in massive liquidity operation; China lending growth weak; very few fiscal support packages announced yet; UST 10yr yield recovers to 0.76%; oil and gold down; NZ$1 = 63 USc; TWI-5 = 68.1

Equity markets fall; pandemic declared; NY Fed in massive liquidity operation; China lending growth weak; very few fiscal support packages announced yet; UST 10yr yield recovers to 0.76%; oil and gold down; NZ$1 = 63 USc; TWI-5 = 68.1

A review of things you need to know before you go home on Wednesday; mortgage and TD rate cuts, retail sales surge, equity markets in mood swing, swaps up, NZD firm, & more

A review of things you need to know before you go home on Wednesday; mortgage and TD rate cuts, retail sales surge, equity markets in mood swing, swaps up, NZD firm, & more

Wall Street's recovery lacks conviction; Italy suspends mortgage repayments; China's return to work faltering; Aussie consumer confidence drops; NZ's business confidence 'awful'; UST 10yr yield recovers to 0.68%; oil up and gold drops; NZ$1 = 62.5 USc

Wall Street's recovery lacks conviction; Italy suspends mortgage repayments; China's return to work faltering; Aussie consumer confidence drops; NZ's business confidence 'awful'; UST 10yr yield recovers to 0.68%; oil up and gold drops; NZ$1 = 62.5 USc