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
Canada & Mexico resist; Canada wage spurt; China loans grow +7.2%; China uses debt to corrupt small neighbours; India factor growth slows; UST 10yr at 2.97%; oil and gold down; NZ$1 = 69.7 USc; TWI-5 = 72.2
14th May 18, 7:23am
13
Canada & Mexico resist; Canada wage spurt; China loans grow +7.2%; China uses debt to corrupt small neighbours; India factor growth slows; UST 10yr at 2.97%; oil and gold down; NZ$1 = 69.7 USc; TWI-5 = 72.2
New Zealand benchmark yields are now lower than US equivalents, and even Australian ones. It's highly unusual. We reveal what is happening and search for reasons and drivers
13th May 18, 12:29pm
22
New Zealand benchmark yields are now lower than US equivalents, and even Australian ones. It's highly unusual. We reveal what is happening and search for reasons and drivers
NAFTA talks get uncertain near deadline; Canada jobs stall but wages jump; China new loans up +7.2%; Symantec stock plunges on unknown but big issue; UST 10yr 2.97%; oil up, gold unchanged; NZ$1 = 69.7 USc; TWI-5 = 72.2
12th May 18, 8:56am
5
NAFTA talks get uncertain near deadline; Canada jobs stall but wages jump; China new loans up +7.2%; Symantec stock plunges on unknown but big issue; UST 10yr 2.97%; oil up, gold unchanged; NZ$1 = 69.7 USc; TWI-5 = 72.2
A review of things you need to know before you go home on Friday; BNZ raises a home loan rate; house price trend still up; PMI's expand; swap rates down; NZD up
11th May 18, 3:59pm
2
A review of things you need to know before you go home on Friday; BNZ raises a home loan rate; house price trend still up; PMI's expand; swap rates down; NZD up
US CPI up +2.5%, UST ups issuance pace; UST yield premiums grow; China CPI unchanged at +1.8%; cash being dethroned; UST 10yr at 2.97%; oil and gold up; NZ$1 = 69.6 USc; TWI-5 = 72.2
11th May 18, 7:45am
4
US CPI up +2.5%, UST ups issuance pace; UST yield premiums grow; China CPI unchanged at +1.8%; cash being dethroned; UST 10yr at 2.97%; oil and gold up; NZ$1 = 69.6 USc; TWI-5 = 72.2
A review of things you need to know before you go home on Thursday: ASB cuts mortgage rates, Orr's presentation shines, more tourists use more rooms, ANZ kowtows, China inflation slips, swap rates drop, NZD falls
10th May 18, 3:59pm
2
A review of things you need to know before you go home on Thursday: ASB cuts mortgage rates, Orr's presentation shines, more tourists use more rooms, ANZ kowtows, China inflation slips, swap rates drop, NZD falls
ASB reduces two fixed home loan rates, taking its fixed three year offer to a market leading 4.79%. The Co-operative Bank also trims some rates
10th May 18, 9:05am
8
ASB reduces two fixed home loan rates, taking its fixed three year offer to a market leading 4.79%. The Co-operative Bank also trims some rates
Wall Street up on rising oil prices; Canada building permits rise; Japan wage inflation jumps; Aussies cut ASIC's budget; eyes on Orr; UST 10yr at 3.01%; oil up, gold down; NZ$1 = 69.9 USc; TWI-5 = 72.7
10th May 18, 7:27am
13
Wall Street up on rising oil prices; Canada building permits rise; Japan wage inflation jumps; Aussies cut ASIC's budget; eyes on Orr; UST 10yr at 3.01%; oil up, gold down; NZ$1 = 69.9 USc; TWI-5 = 72.7
A review of things you need to know before you go home on Wednesday; Co-op Bank cuts mortgage rates, retail sales drop, renting gets tougher, less concrete poured, what we owe Australia, swaps up, NZD down
9th May 18, 3:59pm
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A review of things you need to know before you go home on Wednesday; Co-op Bank cuts mortgage rates, retail sales drop, renting gets tougher, less concrete poured, what we owe Australia, swaps up, NZD down
Despite all the talk of big public infrastructure projects, the construction industry seems to be in a downward track with significantly less concrete being poured in the first quarter of 2018
9th May 18, 12:16pm
9
Despite all the talk of big public infrastructure projects, the construction industry seems to be in a downward track with significantly less concrete being poured in the first quarter of 2018
US job openings rise; Canada housing starts fall; China trade surplus up; Swiss jobless rate down; Argentina needs IMF support; AU Budget delivers tax cuts; UST 10yr at 2.97%; oil down, gold up; NZ$1 = 69.7 USc; TWI-5 = 72.5
9th May 18, 7:30am
6
US job openings rise; Canada housing starts fall; China trade surplus up; Swiss jobless rate down; Argentina needs IMF support; AU Budget delivers tax cuts; UST 10yr at 2.97%; oil down, gold up; NZ$1 = 69.7 USc; TWI-5 = 72.5
A review of things you need to know before you go home on Tuesday; some rate changes, Truckometer sags, inflation pulls back, ANZ cuts fees but not spreads, peak cow, not-peak tourist, swaps slip, NZD stable
8th May 18, 3:59pm
1
A review of things you need to know before you go home on Tuesday; some rate changes, Truckometer sags, inflation pulls back, ANZ cuts fees but not spreads, peak cow, not-peak tourist, swaps slip, NZD stable
US consumer credit growth sags; China FX reserves dip; OECD household incomes up; eyes on Aust Budget; UST 10yr at 2.95%; oil above US$70/bbl; gold unchanged; NZ$1 = 70.2 USc; TWI-5 = 72.8
8th May 18, 7:38am
US consumer credit growth sags; China FX reserves dip; OECD household incomes up; eyes on Aust Budget; UST 10yr at 2.95%; oil above US$70/bbl; gold unchanged; NZ$1 = 70.2 USc; TWI-5 = 72.8
A review of things you need to know before you go home on Monday; no rate changes, Westpac's profit rises, Fitch downgrades ASB outlook, steal $240K & get home detention, swaps slip, NZD up
7th May 18, 3:59pm
5
A review of things you need to know before you go home on Monday; no rate changes, Westpac's profit rises, Fitch downgrades ASB outlook, steal $240K & get home detention, swaps slip, NZD up
We look at where our KiwiSaver funds are held, finding more than half are in growth-type funds and two thirds are in bank-controlled schemes
7th May 18, 9:44am
6
We look at where our KiwiSaver funds are held, finding more than half are in growth-type funds and two thirds are in bank-controlled schemes
US payrolls grow modestly; Apple stars, Buffet posts huge loss; US-China trade talks unresolved; China suffers current account deficit; Argentina hikes again; UST 10yr at 2.95%; oil and gold up; NZ$1 = 70.2 USc; TWI-5 = 72.7
7th May 18, 7:11am
US payrolls grow modestly; Apple stars, Buffet posts huge loss; US-China trade talks unresolved; China suffers current account deficit; Argentina hikes again; UST 10yr at 2.95%; oil and gold up; NZ$1 = 70.2 USc; TWI-5 = 72.7
US jobs report mixed; US-China talks rocky; China gets rare current account deficit; Swiss not keen; Argentina hikes again; UST 10yr 2.95%; oil up, gold unchanged; NZ$1 = 70.2 USc; TWI-5 = 72.7
5th May 18, 8:17am
14
US jobs report mixed; US-China talks rocky; China gets rare current account deficit; Swiss not keen; Argentina hikes again; UST 10yr 2.95%; oil up, gold unchanged; NZ$1 = 70.2 USc; TWI-5 = 72.7
A review of things you need to know before you go home on Friday; Westpac cuts a mortgage rate, Harmoney raises most rates, cuts a fee, used car imports fall, new bond issues, swaps slip, NZD rises
4th May 18, 3:59pm
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A review of things you need to know before you go home on Friday; Westpac cuts a mortgage rate, Harmoney raises most rates, cuts a fee, used car imports fall, new bond issues, swaps slip, NZD rises
US trade deficit falls; Canada trade deficit rises; airtravel rises strongly; Swiss toy with banking change; Argentina hikes again; advice costs jump in Aust.; UST 10yr at 2.95%; oil and gold up; NZ$1 = 70.4 USc; TWI-5 = 72.9
4th May 18, 7:38am
11
US trade deficit falls; Canada trade deficit rises; airtravel rises strongly; Swiss toy with banking change; Argentina hikes again; advice costs jump in Aust.; UST 10yr at 2.95%; oil and gold up; NZ$1 = 70.4 USc; TWI-5 = 72.9
A review of things you need to know before you go home on Thursday; Westpac changes some TD rates, B&T has tame report, job ads weaker, commodity prices stronger, swaps steeper
3rd May 18, 3:59pm
5
A review of things you need to know before you go home on Thursday; Westpac changes some TD rates, B&T has tame report, job ads weaker, commodity prices stronger, swaps steeper
US Fed unchanged but June hike expected; UST debt issuance jumps; China factories find exports harder; airfreight growth stalls; Japan confidence down; UST 10yr at 2.97%; oil and gold up; NZ$1 = 70 USc; TWI-5 = 72.5
3rd May 18, 7:30am
4
US Fed unchanged but June hike expected; UST debt issuance jumps; China factories find exports harder; airfreight growth stalls; Japan confidence down; UST 10yr at 2.97%; oil and gold up; NZ$1 = 70 USc; TWI-5 = 72.5
A review of things you need to know before you go home on Wednesday; no rate changes, solid jobs growth, wage signals warmer, QV sees slower growth, bank CEOs told to 'prove it', petrol up, swaps up, NZD stable
2nd May 18, 3:59pm
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A review of things you need to know before you go home on Wednesday; no rate changes, solid jobs growth, wage signals warmer, QV sees slower growth, bank CEOs told to 'prove it', petrol up, swaps up, NZD stable
Dairy auction stable; US factory activity slows; steel tariffs delayed for some; US car sales drop; Canada growth up; Aussie mortgages harder to get; UST 10yr at 2.97%; oil and gold down; NZ$1 = 70.1 USc; TWI-5 = 72.6
2nd May 18, 7:46am
20
Dairy auction stable; US factory activity slows; steel tariffs delayed for some; US car sales drop; Canada growth up; Aussie mortgages harder to get; UST 10yr at 2.97%; oil and gold down; NZ$1 = 70.1 USc; TWI-5 = 72.6
A review of things you need to know before you go home on Tuesday; mortgage & TD rate changes, building consents up, English joins Wesfarmers, TWG gets 1000s of submissions, swaps flatter, NZD holds
1st May 18, 3:59pm
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A review of things you need to know before you go home on Tuesday; mortgage & TD rate changes, building consents up, English joins Wesfarmers, TWG gets 1000s of submissions, swaps flatter, NZD holds
Conservative or cash KiwiSaver returns beg the question: Why are you in KiwiSaver in the first place? We review the long-term returns and find them hard to justify
1st May 18, 9:30am
14
Conservative or cash KiwiSaver returns beg the question: Why are you in KiwiSaver in the first place? We review the long-term returns and find them hard to justify