David Chaston

Bank of 'Let's Do It' sets a 4.49% two year fixed mortgage rate, about -16 bps lower than all its main rivals but still above both HSBC and TSB

Bank of 'Let's Do It' sets a 4.49% two year fixed mortgage rate, about -16 bps lower than all its main rivals but still above both HSBC and TSB

US truck sales leap; non-OPEC oil output jumps; US tariff policy in turmoil; Italy in hung result; China outbound tourism up +7%; UST 10yr at 2.89%; oil up, gold down; NZ$1 = 72.3 USc; TWI-5 = 73.4

US truck sales leap; non-OPEC oil output jumps; US tariff policy in turmoil; Italy in hung result; China outbound tourism up +7%; UST 10yr at 2.89%; oil up, gold down; NZ$1 = 72.3 USc; TWI-5 = 73.4

A review of things you need to know before you go home on Monday; TD rate changes, higher commodity prices, Drury moves on, Shortt moves up, WMP prices fragile, swaps firm, NZD up

A review of things you need to know before you go home on Monday; TD rate changes, higher commodity prices, Drury moves on, Shortt moves up, WMP prices fragile, swaps firm, NZD up

When we hear about household debt stress, David Chaston wonders whether we are looking at the most relevant data. Household budgets will only be stressed when the servicing costs rise

When we hear about household debt stress, David Chaston wonders whether we are looking at the most relevant data. Household budgets will only be stressed when the servicing costs rise

US car sales fall; US car loan rates rise; Canada GDP disappoints; Japan jobless very low; China CPI jump expected; Germany decides, Italy deciding; UST 10yr at 2.87%; oil and gold up; NZ$1 = 72.4 USc; TWI-5 = 73.5

US car sales fall; US car loan rates rise; Canada GDP disappoints; Japan jobless very low; China CPI jump expected; Germany decides, Italy deciding; UST 10yr at 2.87%; oil and gold up; NZ$1 = 72.4 USc; TWI-5 = 73.5

We launch a new calculator that figures out the true "cost of credit" of a loan contract, simple to use but revealing (and sometimes disturbing)

We launch a new calculator that figures out the true "cost of credit" of a loan contract, simple to use but revealing (and sometimes disturbing)

Trump tweets 'Trade wars are good'; Canada GDP growth soft; Japan jobless low; eyes on Italy's election; NZ car sales level off; UST 10yr 2.86%; Fear index higher; oil down and gold up; NZ$1 = 72.3 USc; TWI-5 = 73.4

Trump tweets 'Trade wars are good'; Canada GDP growth soft; Japan jobless low; eyes on Italy's election; NZ car sales level off; UST 10yr 2.86%; Fear index higher; oil down and gold up; NZ$1 = 72.3 USc; TWI-5 = 73.4

A review of things you need to know before you go home on Friday; no rate changes, confidence up, Auckland building consents rise, costs jump, ANZ profit high, swaps lower, NZD stable

A review of things you need to know before you go home on Friday; no rate changes, confidence up, Auckland building consents rise, costs jump, ANZ profit high, swaps lower, NZD stable

US PCE up; factories worldwide expanding solidly; US to impose new tariffs; China has 100 mln businesses; APRA sees end of investor speed limit; UST 10yr at 2.84%; oil and gold down sharply; NZ$1 = 72.5 USc; TWI-5 = 73.9

US PCE up; factories worldwide expanding solidly; US to impose new tariffs; China has 100 mln businesses; APRA sees end of investor speed limit; UST 10yr at 2.84%; oil and gold down sharply; NZ$1 = 72.5 USc; TWI-5 = 73.9

A review of things you need to know before you go home on Thursday; Westpac ups TD rates, job ads slip, terms of trade very high, KiwiSaver funds worth $47 bln; swaps lower & flatter, NZD slips

A review of things you need to know before you go home on Thursday; Westpac ups TD rates, job ads slip, terms of trade very high, KiwiSaver funds worth $47 bln; swaps lower & flatter, NZD slips

US growth sags; US home sales drop; US car sales lower; US threatens new tariffs on China; China PMIs slump; India growth up; EU inflation down; UST 10yr at 2.89%; oil down, gold up; NZ$1 = 72.3 USc; TWI-5 = 73.6

US growth sags; US home sales drop; US car sales lower; US threatens new tariffs on China; China PMIs slump; India growth up; EU inflation down; UST 10yr at 2.89%; oil down, gold up; NZ$1 = 72.3 USc; TWI-5 = 73.6

A review of things you need to know before you go home on Wednesday; UDC trims rates, business confidence up, migrants hit 97 year high, consumer debt jumps, Key cashes in, swaps up, NZD down

A review of things you need to know before you go home on Wednesday; UDC trims rates, business confidence up, migrants hit 97 year high, consumer debt jumps, Key cashes in, swaps up, NZD down

Powell gives hawkish signals; investors of USTs worried; US sentiment high; US trade deficit rises, durable goods orders drop; Germans go anti-diesel; China home sales drop; UST 10yr at 2.92%; oil and gold lower; NZ$1 = 72.4 USc; TWI-5 = 73.7

Powell gives hawkish signals; investors of USTs worried; US sentiment high; US trade deficit rises, durable goods orders drop; Germans go anti-diesel; China home sales drop; UST 10yr at 2.92%; oil and gold lower; NZ$1 = 72.4 USc; TWI-5 = 73.7

A review of things you need to know before you go home on Tuesday; Co-op Bank trims a rate, nasty trade surprise, retailers positive, better energy efficiency, insurers with stunning ROE, swaps up, NZD slips

A review of things you need to know before you go home on Tuesday; Co-op Bank trims a rate, nasty trade surprise, retailers positive, better energy efficiency, insurers with stunning ROE, swaps up, NZD slips

US new home sales tank; Texas factories humming; Wall Street positive; S&P sees Canada fraud risk; UK consumer borrowing drops; UST 10yr at 2.86%; oil and gold firmer; NZ$1 = 73 USc; TWI-5 = 74.2; bitcoin at US$10,180

US new home sales tank; Texas factories humming; Wall Street positive; S&P sees Canada fraud risk; UK consumer borrowing drops; UST 10yr at 2.86%; oil and gold firmer; NZ$1 = 73 USc; TWI-5 = 74.2; bitcoin at US$10,180

A review of things you need to know before you go home on Monday; rate cuts, fees irrelevant, drinks stronger, rulers reject limits, swaps lower & flatter, bitcoin unchanged, NZD slips

A review of things you need to know before you go home on Monday; rate cuts, fees irrelevant, drinks stronger, rulers reject limits, swaps lower & flatter, bitcoin unchanged, NZD slips

ASB changes term deposit rates, some up, some down, but ensuring key offers still top or match their main rivals. Changes come despite little wholesale pressure

ASB changes term deposit rates, some up, some down, but ensuring key offers still top or match their main rivals. Changes come despite little wholesale pressure

Buffet holds $160 bln in cash; China nationalises Anbang; China dominates fishing; OECD alarmed by sovereign debt; trade up strongly; UST 10yr at 2.87%; oil up and gold down; NZ$1 = 72.9 USc; TWI-5 = 74

Buffet holds $160 bln in cash; China nationalises Anbang; China dominates fishing; OECD alarmed by sovereign debt; trade up strongly; UST 10yr at 2.87%; oil up and gold down; NZ$1 = 72.9 USc; TWI-5 = 74

Choosing a KiwiSaver fund based on fee levels is analysis for suckers. We look at ten years of track record trying to find a relationship between fees and returns, unsuccessfully

Choosing a KiwiSaver fund based on fee levels is analysis for suckers. We look at ten years of track record trying to find a relationship between fees and returns, unsuccessfully

US Fed likes what it sees; China nationalises Anbang; Germany posts big surplus; OECD frets about debt; world trade jumps in 2017; ANZ tightens screws; UST 10yr 2.87%; Fear index high; oil up and gold down; NZ$1 = 72.9 USc; TWI-5 = 74

US Fed likes what it sees; China nationalises Anbang; Germany posts big surplus; OECD frets about debt; world trade jumps in 2017; ANZ tightens screws; UST 10yr 2.87%; Fear index high; oil up and gold down; NZ$1 = 72.9 USc; TWI-5 = 74

With a new two year rate of just 3.95% HSBC restores its substantial market-leading position for a key mortgage rate offer

With a new two year rate of just 3.95% HSBC restores its substantial market-leading position for a key mortgage rate offer

A review of things you need to know before you go home on Friday; no rate changes, FHB affordability improves, retail strong, regional slush fund launched, Kiwibank's results tank, swaps slip, NZD stable

A review of things you need to know before you go home on Friday; no rate changes, FHB affordability improves, retail strong, regional slush fund launched, Kiwibank's results tank, swaps slip, NZD stable

US FHBs rush to buy; US jobless claims fall; China holiday sales jump; Canada retail sales fall; ECB worried by Trump; Aussies scrutinise mortgage brokers; UST 10yr at 2.92%; oil and gold up; NZ$1 = 73.5 USc; TWI-5 = 74.5

US FHBs rush to buy; US jobless claims fall; China holiday sales jump; Canada retail sales fall; ECB worried by Trump; Aussies scrutinise mortgage brokers; UST 10yr at 2.92%; oil and gold up; NZ$1 = 73.5 USc; TWI-5 = 74.5

A review of things you need to know before you go home on Thursday; no rate changes, using credit cards better, NZ Super Fund stars, Transpower strong, productivity up but kneecapped, swap rates up, NZD stable

A review of things you need to know before you go home on Thursday; no rate changes, using credit cards better, NZ Super Fund stars, Transpower strong, productivity up but kneecapped, swap rates up, NZD stable

US house sale volumes fall, prices rise; US, Japan, EU PMIs strong; IMF sees Australia poised for growth; UST 10yr at 2.90%; oil down and gold unchanged; NZ$1 = 73.4 USc; TWI-5 = 74.6

US house sale volumes fall, prices rise; US, Japan, EU PMIs strong; IMF sees Australia poised for growth; UST 10yr at 2.90%; oil down and gold unchanged; NZ$1 = 73.4 USc; TWI-5 = 74.6