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
Kiwibank makes an offer of a free five night Fiji holiday as an incentive for a home loan, kicking off the 2020 version of mortgage market competition
17th Jan 20, 11:45am
11
Kiwibank makes an offer of a free five night Fiji holiday as an incentive for a home loan, kicking off the 2020 version of mortgage market competition
Good December US retail data; Fed model sees US GDP slip; China new home prices stable; China bank debt eases in December; lending for housing up in Australia; UST 10yr yield under 1.81%; oil and gold unchanged; NZ$1 = 66.4 USc; TWI-5 = 71.5
17th Jan 20, 7:31am
112
Good December US retail data; Fed model sees US GDP slip; China new home prices stable; China bank debt eases in December; lending for housing up in Australia; UST 10yr yield under 1.81%; oil and gold unchanged; NZ$1 = 66.4 USc; TWI-5 = 71.5
A review of things you need to know before you go home on Thursday; no rate changes, house prices up, wallets open, inflation risk rises, job ads more part-time, swaps hold, NZD firms, & more
16th Jan 20, 3:59pm
15
A review of things you need to know before you go home on Thursday; no rate changes, house prices up, wallets open, inflation risk rises, job ads more part-time, swaps hold, NZD firms, & more
Capital gains from bonds can far exceed the coupon interest when interest rates fall, as they have done for years. The size of these gains is impressive
16th Jan 20, 11:45am
10
Capital gains from bonds can far exceed the coupon interest when interest rates fall, as they have done for years. The size of these gains is impressive
American producer prices weak; Canada rental market tight; China moves to isolate Hong Kong economically; Japan machine orders tank, RBA trials crypto payments; UST 10yr yield under 1.80%; oil down and gold up; NZ$1 = 66.2 USc; TWI-5 = 71.3
16th Jan 20, 7:25am
73
American producer prices weak; Canada rental market tight; China moves to isolate Hong Kong economically; Japan machine orders tank, RBA trials crypto payments; UST 10yr yield under 1.80%; oil down and gold up; NZ$1 = 66.2 USc; TWI-5 = 71.3
A review of things you need to know before you go home on Wednesday; no rate changes, food inflation up, rent inflation up, SME sector in good shape, ESG-linked interest rates, swaps lower, NZD soft, & more
15th Jan 20, 3:59pm
6
A review of things you need to know before you go home on Wednesday; no rate changes, food inflation up, rent inflation up, SME sector in good shape, ESG-linked interest rates, swaps lower, NZD soft, & more
US inflation rises, real earnings don't; US Federal budget deficit jumps; China ends 2019 with rising exports; Blackrock gets active on climate change; UST 10yr yield at 1.83%; oil unchanged and gold lower; NZ$1 = 66.1 USc; TWI-5 = 71.2
15th Jan 20, 7:22am
61
US inflation rises, real earnings don't; US Federal budget deficit jumps; China ends 2019 with rising exports; Blackrock gets active on climate change; UST 10yr yield at 1.83%; oil unchanged and gold lower; NZ$1 = 66.1 USc; TWI-5 = 71.2
A review of things you need to know before you go home on Tuesday; building consent levels weak, business gloom persists although less, pay growth slowing, farmers bristle, swaps rise, NZD soft, & more
14th Jan 20, 3:59pm
38
A review of things you need to know before you go home on Tuesday; building consent levels weak, business gloom persists although less, pay growth slowing, farmers bristle, swaps rise, NZD soft, & more
Easing tensions sees equities rise; China steel surge unsustainable; Philippine volcano a regional risk; Aussies react to climate risks; UST 10yr yield at 1.84%; oil and gold lower; NZ$1 = 66.3 USc; TWI-5 = 71.5
14th Jan 20, 7:19am
69
Easing tensions sees equities rise; China steel surge unsustainable; Philippine volcano a regional risk; Aussies react to climate risks; UST 10yr yield at 1.84%; oil and gold lower; NZ$1 = 66.3 USc; TWI-5 = 71.5
A review of things you need to know before you go home on Monday; rate updates, housing market updates, equity market updates; swap rates dip, NZD stable, & more
13th Jan 20, 3:59pm
10
A review of things you need to know before you go home on Monday; rate updates, housing market updates, equity market updates; swap rates dip, NZD stable, & more
Democracy rejects China in Taiwan too; Hong Kong bank competition sees hot TD rates; air travel growing; US payroll growth and pay slowing; good Aussie retail data; UST 10yr yield at 1.82%; oil lower and gold higher; NZ$1 = 66.3 USc; TWI-5 = 71.5
13th Jan 20, 7:21am
83
Democracy rejects China in Taiwan too; Hong Kong bank competition sees hot TD rates; air travel growing; US payroll growth and pay slowing; good Aussie retail data; UST 10yr yield at 1.82%; oil lower and gold higher; NZ$1 = 66.3 USc; TWI-5 = 71.5
Banks can only exist because depositors completely trust that their claims will be honoured. Wise depositors trust-and-verify. We look at how banks support those claims, and how that varies by institution
12th Jan 20, 9:14am
37
Banks can only exist because depositors completely trust that their claims will be honoured. Wise depositors trust-and-verify. We look at how banks support those claims, and how that varies by institution
American jobs and wage growth slows sharply; Canadian jobs grow strongly; Aussie retail sales strong in November; international air travel rising; UST 10yr yield at 1.83%; oil down and gold up; NZ$1 = 66.4 USc; TWI-5 = 71.5
11th Jan 20, 8:40am
72
American jobs and wage growth slows sharply; Canadian jobs grow strongly; Aussie retail sales strong in November; international air travel rising; UST 10yr yield at 1.83%; oil down and gold up; NZ$1 = 66.4 USc; TWI-5 = 71.5
After three years of lackluster capital gains, there are signs that the country's housing stock is wanting to reprise its role of delivering tax-free gains falling from the sky
10th Jan 20, 4:40pm
82
After three years of lackluster capital gains, there are signs that the country's housing stock is wanting to reprise its role of delivering tax-free gains falling from the sky
Eyes on US non-farm payrolls as political tensions ease; US jobless claims high; Canadian housing weak; China's inflation high; Aussie trade surplus enormous; UST 10yr yield at 1.87%; oil and gold lower; NZ$1 = 66.1 USc; TWI-5 = 71.3
10th Jan 20, 7:24am
68
Eyes on US non-farm payrolls as political tensions ease; US jobless claims high; Canadian housing weak; China's inflation high; Aussie trade surplus enormous; UST 10yr yield at 1.87%; oil and gold lower; NZ$1 = 66.1 USc; TWI-5 = 71.3
The latest data on fourth quarter 2019 economic growth suggests it is weakening, although ANZ says it may be finding a floor at a weak +2% rate
9th Jan 20, 11:05am
24
The latest data on fourth quarter 2019 economic growth suggests it is weakening, although ANZ says it may be finding a floor at a weak +2% rate
Equity markets bet Mid-East tensions will wane; US jobs gains strong; Japan sentiment improves; airfreight volumes continue to shrink; Aussie building consent data rebounds; UST 10yr yield at 1.86%; oil and gold lower; NZ$1 = 66.4 USc; TWI-5 = 71.6
9th Jan 20, 7:26am
75
Equity markets bet Mid-East tensions will wane; US jobs gains strong; Japan sentiment improves; airfreight volumes continue to shrink; Aussie building consent data rebounds; UST 10yr yield at 1.86%; oil and gold lower; NZ$1 = 66.4 USc; TWI-5 = 71.6
As listings slide, prices stay marooned at Auckland's largest realtor. Although December sales transactions rose, they ended the full year lower than for 2018, and so sign yet of a rise in choice for buyers
8th Jan 20, 10:14am
32
As listings slide, prices stay marooned at Auckland's largest realtor. Although December sales transactions rose, they ended the full year lower than for 2018, and so sign yet of a rise in choice for buyers
Dairy prices turn up, US services PMI stable, US trade deficit eases; Canada housing markets rebound; Aussie consumer confidence falls; UST 10yr yield at 1.82%; oil dips and gold higher; NZ$1 = 66.3 USc; TWI-5 = 71.3
8th Jan 20, 7:31am
63
Dairy prices turn up, US services PMI stable, US trade deficit eases; Canada housing markets rebound; Aussie consumer confidence falls; UST 10yr yield at 1.82%; oil dips and gold higher; NZ$1 = 66.3 USc; TWI-5 = 71.3
Housing affordability was once only an Auckland and Queenstown problem. The latest QV data shows it spreading rapidly nationwide as a renewed spurt of house price increases take it to most urban centres
8th Jan 20, 5:02am
53
Housing affordability was once only an Auckland and Queenstown problem. The latest QV data shows it spreading rapidly nationwide as a renewed spurt of house price increases take it to most urban centres
In a year where sales stepped lower, the top selling new car was an SUV, the Toyota RAV4, a model also available as a hybrid. EVs and hybrids rose to take 10% of December's market. Tradie ute sales fell
7th Jan 20, 9:05am
35
In a year where sales stepped lower, the top selling new car was an SUV, the Toyota RAV4, a model also available as a hybrid. EVs and hybrids rose to take 10% of December's market. Tradie ute sales fell
Wall Street eyes Feds next liquidity moves; EU data weak but investor confidence turns up; China reveals tax cut size, twist to equity investments; Aussie drought brings cracks; UST 10yr yield at 1.80%; oil and gold higher; NZ$1 = 66.7 USc; TWI-5 = 71.5
7th Jan 20, 7:28am
39
Wall Street eyes Feds next liquidity moves; EU data weak but investor confidence turns up; China reveals tax cut size, twist to equity investments; Aussie drought brings cracks; UST 10yr yield at 1.80%; oil and gold higher; NZ$1 = 66.7 USc; TWI-5 = 71.5
Housing listings dive at the end of 2019 and asking prices surge to a record national average of over $700,000. In Auckland the average is $940,000. Although it is a sellers market, sellers aren't listing
7th Jan 20, 12:02am
96
Housing listings dive at the end of 2019 and asking prices surge to a record national average of over $700,000. In Auckland the average is $940,000. Although it is a sellers market, sellers aren't listing
Sharp factory PMI contraction in the US; recessions expected in nine US states; China plans huge liquidity injection; dairy supplies hit hard by Aussie bush fires; UST 10yr yield at 1.79%; oil and gold jump; NZ$1 = 66.7 USc; TWI-5 = 71.5
6th Jan 20, 7:18am
67
Sharp factory PMI contraction in the US; recessions expected in nine US states; China plans huge liquidity injection; dairy supplies hit hard by Aussie bush fires; UST 10yr yield at 1.79%; oil and gold jump; NZ$1 = 66.7 USc; TWI-5 = 71.5
Term deposit rates are historically low and tightly bunched, but there are still opportunities. We compare where rates are at the start of 2020, and look at some practical options
5th Jan 20, 6:02am
21
Term deposit rates are historically low and tightly bunched, but there are still opportunities. We compare where rates are at the start of 2020, and look at some practical options