David Chaston

Despite recent market volatility most KiwiSavers should be happy with their investment. Now is not the time to be cutting and running or you will miss the benefits of long term investing. Even default funds are doing better

Despite recent market volatility most KiwiSavers should be happy with their investment. Now is not the time to be cutting and running or you will miss the benefits of long term investing. Even default funds are doing better

Markets calm at end of week; China exports boom; China trade surplus with US jumps; China car sales weak; Brexit deal 'close'; Italy risk rises; UST 10yr 3.15%; oil drops and gold lower; NZ$1 = 65 USc; TWI-5 = 69.1

Markets calm at end of week; China exports boom; China trade surplus with US jumps; China car sales weak; Brexit deal 'close'; Italy risk rises; UST 10yr 3.15%; oil drops and gold lower; NZ$1 = 65 USc; TWI-5 = 69.1

A review of things you need to know before you go home on Friday; more mortgage rate cuts, factory confidence leaks away, trust fund failure, Aussie mortgage market contracts, swaps hold, NZD firm

A review of things you need to know before you go home on Friday; more mortgage rate cuts, factory confidence leaks away, trust fund failure, Aussie mortgage market contracts, swaps hold, NZD firm

Shanghai drops another -5%; Wall Street another -2%; US CPI eases back; real US wages hardly move; China raises funds easily in test; NZ holds high ranking; UST 10yr down at 3.14%; oil drops, gold jumps; NZ$1 = 65.2 USc; TWI-5 = 69.2

Shanghai drops another -5%; Wall Street another -2%; US CPI eases back; real US wages hardly move; China raises funds easily in test; NZ holds high ranking; UST 10yr down at 3.14%; oil drops, gold jumps; NZ$1 = 65.2 USc; TWI-5 = 69.2

Three banks change home loan rates. But even though the trend is down, further reductions may be achievable for many borrowers, even with cash-back incentives

Three banks change home loan rates. But even though the trend is down, further reductions may be achievable for many borrowers, even with cash-back incentives

A review of things you need to know before you go home on Thursday; no rate changes, no food price changes, NZGB 2029 yield rises, limp housing market, equities start major correction, swaps soft, NZD holds

A review of things you need to know before you go home on Thursday; no rate changes, no food price changes, NZGB 2029 yield rises, limp housing market, equities start major correction, swaps soft, NZD holds

Fed on path to 'normalisation'; US Federal deficit jumps by a third; US home loan rates breach 5%; China expands TBTF resilience; equity markets tumble; UST 10yr at 3.23%; oil down, gold holds; NZ$1 = 64.7 USc; TWI-5 = 68.8

Fed on path to 'normalisation'; US Federal deficit jumps by a third; US home loan rates breach 5%; China expands TBTF resilience; equity markets tumble; UST 10yr at 3.23%; oil down, gold holds; NZ$1 = 64.7 USc; TWI-5 = 68.8

A review of things you need to know before you go home on Wednesday; BNZ trims mortgage rates, retail sales growth holds, guest nights grow, regulators take on the loan sharks, swap rates unchanged, NZD firmer

A review of things you need to know before you go home on Wednesday; BNZ trims mortgage rates, retail sales growth holds, guest nights grow, regulators take on the loan sharks, swap rates unchanged, NZD firmer

A lack of ability to assess financial costs and benefits seems to be behind most people choosing a credit card that isn't right for them. Optimism bias is at work here too

A lack of ability to assess financial costs and benefits seems to be behind most people choosing a credit card that isn't right for them. Optimism bias is at work here too

IMF downgrades growth again; China depreciates, defends against outflows; Hong Kong housing teeters; Canada housing starts droop; UST 10yr at 3.21%; oil up, gold holds; NZ$1 = 64.6 USc; TWI-5 = 68.8

IMF downgrades growth again; China depreciates, defends against outflows; Hong Kong housing teeters; Canada housing starts droop; UST 10yr at 3.21%; oil up, gold holds; NZ$1 = 64.6 USc; TWI-5 = 68.8

A review of things you need to know before you go home on Tuesday; no rate changes, weaker growth, higher inflation, bigger Govt surplus, swaps slip, NZD firms

A review of things you need to know before you go home on Tuesday; no rate changes, weaker growth, higher inflation, bigger Govt surplus, swaps slip, NZD firms

Shanghai stocks fall; 'home team' barely holds; foreign holders the main sellers; Wall St bond investors hit hard; Italy roils EU markets; UST 10yr at 3.23%; oil holds, gold slumps; NZ$1 = 64.5 USc; TWI-5 = 68.7

Shanghai stocks fall; 'home team' barely holds; foreign holders the main sellers; Wall St bond investors hit hard; Italy roils EU markets; UST 10yr at 3.23%; oil holds, gold slumps; NZ$1 = 64.5 USc; TWI-5 = 68.7

A review of things you need to know before you go home on Monday; Kiwibank reverts, ANZ profits hit, Shanghai lower, infrastructure coordination, swaps higher & steeper, NZD down again

A review of things you need to know before you go home on Monday; Kiwibank reverts, ANZ profits hit, Shanghai lower, infrastructure coordination, swaps higher & steeper, NZD down again

China loosens credit controls significantly; US jobs data ho-hum; US consumer debt jumps; Canada jobs go part-time; Japan and India surprise; ATO loses major tax case; UST 10yr up at 3.23%; oil holds, gold up; NZ$1 = 64.4 USc; TWI-5 = 68.6

China loosens credit controls significantly; US jobs data ho-hum; US consumer debt jumps; Canada jobs go part-time; Japan and India surprise; ATO loses major tax case; UST 10yr up at 3.23%; oil holds, gold up; NZ$1 = 64.4 USc; TWI-5 = 68.6

US payroll growth slows; US consumer debt jumps; Canada jobs growth goes part-time; Japan household spending jumps; India snubs the US; UST 10yr 3.23%; oil and gold unchanged; NZ$1 = 64.4 USc; TWI-5 = 68.6

US payroll growth slows; US consumer debt jumps; Canada jobs growth goes part-time; Japan household spending jumps; India snubs the US; UST 10yr 3.23%; oil and gold unchanged; NZ$1 = 64.4 USc; TWI-5 = 68.6

A review of things you need to know before you go home on Friday; big mortgage rate drops, home ownership slips again, gold's slip from the mainstream, Japan's retail sales jump; swaps stable; NZD waivers

A review of things you need to know before you go home on Friday; big mortgage rate drops, home ownership slips again, gold's slip from the mainstream, Japan's retail sales jump; swaps stable; NZD waivers

HSBC NZ reprises very low mortgage rate offer, far below any other bank, matching the 50-year-low rate it had in mid 2018

HSBC NZ reprises very low mortgage rate offer, far below any other bank, matching the 50-year-low rate it had in mid 2018

More home loan rate trimming this time by ASB. Its new 18-month rate now has a notable advantage against its main rivals and matches ANZ's new 1-year rate

More home loan rate trimming this time by ASB. Its new 18-month rate now has a notable advantage against its main rivals and matches ANZ's new 1-year rate

Wall Street slumps; tame US jobs report expected; World Bank warns; global food stocks rise, prices fall; calls to restrain ATO powers; UST 10yr up at 3.20%; oil falls, gold holds; NZ$1 = 64.8 USc; TWI-5 = 69.1

Wall Street slumps; tame US jobs report expected; World Bank warns; global food stocks rise, prices fall; calls to restrain ATO powers; UST 10yr up at 3.20%; oil falls, gold holds; NZ$1 = 64.8 USc; TWI-5 = 69.1

A review of things you need to know before you go home on Thursday; Moody's gives our banks a tick, used imports drop, cheap linkers, Wtgn rents jump, petrol inflation threat, swaps rise & steepen, NZD drops

A review of things you need to know before you go home on Thursday; Moody's gives our banks a tick, used imports drop, cheap linkers, Wtgn rents jump, petrol inflation threat, swaps rise & steepen, NZD drops

Positive US jobs data; mixed US services PMIs; strong US truck orders; Fed official sees rate rises; Turkey inflation explodes; Italy restrains itself; UST 10yr at 3.15%; oil jumps, gold slips; NZ$1 = 65.3 USc; TWI-5 = 69.7

Positive US jobs data; mixed US services PMIs; strong US truck orders; Fed official sees rate rises; Turkey inflation explodes; Italy restrains itself; UST 10yr at 3.15%; oil jumps, gold slips; NZ$1 = 65.3 USc; TWI-5 = 69.7

A review of things you need to know before you go home on Wednesday; more mortgage rate cuts, housing markets flat, dairy prices down, car sales plateau, commodity prices slip, swaps flatten, NZD lower

A review of things you need to know before you go home on Wednesday; more mortgage rate cuts, housing markets flat, dairy prices down, car sales plateau, commodity prices slip, swaps flatten, NZD lower

Regressive petrol taxes drive pump prices to record highs even though crude oil prices are 40% below record highs. Rising taxes are behind the push, but retail discounts take out some of the sting

Regressive petrol taxes drive pump prices to record highs even though crude oil prices are 40% below record highs. Rising taxes are behind the push, but retail discounts take out some of the sting

Both TSB and Westpac move some key home loan rates lower, with TSB's eighteen month fixed rate a notable lower level. All rate offers now tightly bunched

Both TSB and Westpac move some key home loan rates lower, with TSB's eighteen month fixed rate a notable lower level. All rate offers now tightly bunched

Dairy prices slip again; Powell very positive; China equities dive; Italian bond yields jump; RBA upbeat; AU banks no longer unquestionably strong; UST 10yr at 3.06%; oil unchanged, gold jumps; NZ$1 = 66 USc; TWI-5 = 70.1

Dairy prices slip again; Powell very positive; China equities dive; Italian bond yields jump; RBA upbeat; AU banks no longer unquestionably strong; UST 10yr at 3.06%; oil unchanged, gold jumps; NZ$1 = 66 USc; TWI-5 = 70.1