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
A review of things you need to know before you go home on Wednesday; no rate changes, farm sales fall, job ads rise, lifestyle block sales drop, foreign buyer ban put back, swap rates fall, NZD stronger
24th Jan 18, 3:59pm
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A review of things you need to know before you go home on Wednesday; no rate changes, farm sales fall, job ads rise, lifestyle block sales drop, foreign buyer ban put back, swap rates fall, NZD stronger
US slaps trade duties on selected imports; TPP-11 gets final agreement; EU confidence rises; Modi sees three threats; WU fraud claim deadline close; UST 10yr 2.64%; oil and gold up; NZ$1 = 73.4 USc; TWI-5 = 74.7
24th Jan 18, 7:40am
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US slaps trade duties on selected imports; TPP-11 gets final agreement; EU confidence rises; Modi sees three threats; WU fraud claim deadline close; UST 10yr 2.64%; oil and gold up; NZ$1 = 73.4 USc; TWI-5 = 74.7
A review of things you need to know before you go home on Tuesday; PSI slips but still strong, Juken retreats, tourism strong, SFO nabs corruption, World Bank positive, swap rates steady, NZD unchanged
23rd Jan 18, 3:59pm
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A review of things you need to know before you go home on Tuesday; PSI slips but still strong, Juken retreats, tourism strong, SFO nabs corruption, World Bank positive, swap rates steady, NZD unchanged
IMF sees expanded growth, broadly based; US Congress has budget deal; NAFTA talks at key point; KPMG charged with conspiracy; Sydney housing imbalances; UST 10yr 2.66%; oil and gold unchanged; NZ$1 = 73.1 USc; TWI-5 = 74.4
23rd Jan 18, 7:38am
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IMF sees expanded growth, broadly based; US Congress has budget deal; NAFTA talks at key point; KPMG charged with conspiracy; Sydney housing imbalances; UST 10yr 2.66%; oil and gold unchanged; NZ$1 = 73.1 USc; TWI-5 = 74.4
A review of things you need to know before you go home on Monday; two mortgage rate cuts, AT ups prices, Fonterra's China troubles rise, wholesale rates rise further, NZD stable, bitcoin becalmed
22nd Jan 18, 3:59pm
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A review of things you need to know before you go home on Monday; two mortgage rate cuts, AT ups prices, Fonterra's China troubles rise, wholesale rates rise further, NZD stable, bitcoin becalmed
US can't pass a budget; US consumer sentiment slips; HSBC avoids criminal charges; another HNA affiliate suspended; Greece, Spain get upgrades; UST 10yr 2.66%; oil and gold down; NZ$1 = 72.8 USc; TWI-5 = 74.1
22nd Jan 18, 7:06am
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US can't pass a budget; US consumer sentiment slips; HSBC avoids criminal charges; another HNA affiliate suspended; Greece, Spain get upgrades; UST 10yr 2.66%; oil and gold down; NZ$1 = 72.8 USc; TWI-5 = 74.1
SBS Bank is the first to change a mortgage interest rate in 2018, cutting their one year fixed by -15 bps. TSB has now matched them. Recent wholesale rate rises don't put special upward pressure on most home loan rates
21st Jan 18, 7:13am
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SBS Bank is the first to change a mortgage interest rate in 2018, cutting their one year fixed by -15 bps. TSB has now matched them. Recent wholesale rate rises don't put special upward pressure on most home loan rates
All eyes on US debt funding negotiations; US consumer sentiments turns lower; bond yields turn higher worldwide; local swap rate up too; commodity prices rise; oil slips and gold up; NZ$1 = 72.8 USc; TWI-5 = 74.2
20th Jan 18, 8:27am
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All eyes on US debt funding negotiations; US consumer sentiments turns lower; bond yields turn higher worldwide; local swap rate up too; commodity prices rise; oil slips and gold up; NZ$1 = 72.8 USc; TWI-5 = 74.2
A review of things you need to know before you go home on Friday; PM pregnant; PMI drops sharply; trans-Tasman travel strong; Aussie heat stress; NZGB yields up, swap rates up strongly, NZD softer
19th Jan 18, 3:59pm
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A review of things you need to know before you go home on Friday; PM pregnant; PMI drops sharply; trans-Tasman travel strong; Aussie heat stress; NZGB yields up, swap rates up strongly, NZD softer
US housing starts slip; China growth above target; China housing strong; China retail near global #1; coal still king; Aussie debt-to-income ratio jumps; UST 10yr 2.61%; oil unchanged, gold down; NZ$1 = 73.1 USc; TWI-5 = 74.5
19th Jan 18, 7:31am
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US housing starts slip; China growth above target; China housing strong; China retail near global #1; coal still king; Aussie debt-to-income ratio jumps; UST 10yr 2.61%; oil unchanged, gold down; NZ$1 = 73.1 USc; TWI-5 = 74.5
New Zealand's largest bank trims its hi-viz TD rates, leaving its rivals with better offers, and the challenger banks with much better offers. Weak loan demand may be behind the move
18th Jan 18, 5:43pm
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New Zealand's largest bank trims its hi-viz TD rates, leaving its rivals with better offers, and the challenger banks with much better offers. Weak loan demand may be behind the move
A review of things you need to know before you go home on Thursday; no rate changes yet, house sales levels skid, beneficiary ratio improves, NZGB yields up, swap rates up strongly, NZD unchanged, bitcoin wilder
18th Jan 18, 3:59pm
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A review of things you need to know before you go home on Thursday; no rate changes yet, house sales levels skid, beneficiary ratio improves, NZGB yields up, swap rates up strongly, NZD unchanged, bitcoin wilder
We have had seven years where the growth in the number of workers has been faster than the growth in beneficiaries, despite the ageing population. But is that trend about to reverse?
18th Jan 18, 12:24pm
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We have had seven years where the growth in the number of workers has been faster than the growth in beneficiaries, despite the ageing population. But is that trend about to reverse?
US industrial production up sharply; US equities jump; Canada raises policy rate; big French dairy recall; interest-only loan shift worries Aussies; UST 10yr 2.56%; oil and gold unchanged; NZ$1 = 73.2 USc; TWI-5 = 74.4; bitcoin below US$10,000
18th Jan 18, 7:35am
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US industrial production up sharply; US equities jump; Canada raises policy rate; big French dairy recall; interest-only loan shift worries Aussies; UST 10yr 2.56%; oil and gold unchanged; NZ$1 = 73.2 USc; TWI-5 = 74.4; bitcoin below US$10,000
A review of things you need to know before you go home on Wednesday; no rate changes, dairy prices jump, trucking activity softens, commodity prices softer, landlord sanctioned; swap rates flatten; NZD soft, bitcoin tumbles
17th Jan 18, 3:59pm
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A review of things you need to know before you go home on Wednesday; no rate changes, dairy prices jump, trucking activity softens, commodity prices softer, landlord sanctioned; swap rates flatten; NZD soft, bitcoin tumbles
Dairy prices rise on lower volume; China ODI declines; China downgrades US credit rating; Germans on strike; AU savings interest rates drop; UST 10yr 2.56%; oil and gold lower; NZ$1 = 72.7 USc; TWI-5 = 74.2; bitcoin down -US$3,000
17th Jan 18, 7:30am
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Dairy prices rise on lower volume; China ODI declines; China downgrades US credit rating; Germans on strike; AU savings interest rates drop; UST 10yr 2.56%; oil and gold lower; NZ$1 = 72.7 USc; TWI-5 = 74.2; bitcoin down -US$3,000
A review of things you need to know before you go home on Tuesday; no rate changes, business mood lower, jobs mood softens, retail sales growth soft, milk production down, swaps flat, NZD higher, bitcoin slips
16th Jan 18, 4:00pm
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A review of things you need to know before you go home on Tuesday; no rate changes, business mood lower, jobs mood softens, retail sales growth soft, milk production down, swaps flat, NZD higher, bitcoin slips
We report on how active Housing NZ Corporation has been in seeking housing consents, and how concentrated this has been in Auckland
16th Jan 18, 1:51pm
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We report on how active Housing NZ Corporation has been in seeking housing consents, and how concentrated this has been in Auckland
US dollar sinks; Ford goes electric; EU's big surplus; Canada house sales rise; Fitch warns of unexpected consequences, key UST 10yr 2.55%; oil and gold up; NZ$1 = 73.1 USc; TWI-5 = 74.4
16th Jan 18, 7:30am
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US dollar sinks; Ford goes electric; EU's big surplus; Canada house sales rise; Fitch warns of unexpected consequences, key UST 10yr 2.55%; oil and gold up; NZ$1 = 73.1 USc; TWI-5 = 74.4
A review of things you need to know before you go home on Monday; fresh food more expensive, rents higher, domestic online wins retail, big kauri, swap rates up, NZD holds
15th Jan 18, 3:59pm
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A review of things you need to know before you go home on Monday; fresh food more expensive, rents higher, domestic online wins retail, big kauri, swap rates up, NZD holds
US debt limit issues rise again; US inflation up; China trade rises, PwC barred in India; hard commodity prices rise, key US and China interest rates jump; oil and gold up; NZ$1 = 72.5 USc; TWI-5 = 74.1
15th Jan 18, 7:16am
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US debt limit issues rise again; US inflation up; China trade rises, PwC barred in India; hard commodity prices rise, key US and China interest rates jump; oil and gold up; NZ$1 = 72.5 USc; TWI-5 = 74.1
How do we get our stubbornly low pay rates up so they compare better with those in Australia? David Chaston has an idea, one that may help fight asset price inflation too
14th Jan 18, 6:58am
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How do we get our stubbornly low pay rates up so they compare better with those in Australia? David Chaston has an idea, one that may help fight asset price inflation too
US inflation stirs on strong retail; China's trade surplus slips; NZ exports too much cheese; India bars PwC; Merkel nears deal; key US and China rates jump; oil slips and gold up; NZ$1 = 72.5 USc; TWI-5 = 74.2
13th Jan 18, 8:48am
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US inflation stirs on strong retail; China's trade surplus slips; NZ exports too much cheese; India bars PwC; Merkel nears deal; key US and China rates jump; oil slips and gold up; NZ$1 = 72.5 USc; TWI-5 = 74.2
A review of things you need to know before you go home on Friday; a rate change, building consents jump, CPI updated, ANZ gives up on selling UDC to HNA, swap rates slip, NZD holds
12th Jan 18, 3:59pm
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A review of things you need to know before you go home on Friday; a rate change, building consents jump, CPI updated, ANZ gives up on selling UDC to HNA, swap rates slip, NZD holds
Statistics NZ completes its 3-yearly review of CPI components that monitor consumer inflation. Food and housing are weighted a little higher in this new review
12th Jan 18, 2:25pm
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Statistics NZ completes its 3-yearly review of CPI components that monitor consumer inflation. Food and housing are weighted a little higher in this new review