David Chaston

A review of things you need to know before you go home on Wednesday; no retail rate changes, dairy dip, Fonterra writedown, Spierings out, payout raised, migration down, vacancies up, yields in transition, NZD lower

A review of things you need to know before you go home on Wednesday; no retail rate changes, dairy dip, Fonterra writedown, Spierings out, payout raised, migration down, vacancies up, yields in transition, NZD lower

Dairy prices dip; US struggles to fund its government; China electricity use jumps; China targets 11 mln new jobs; German confidence hit; UN says NZ a happy place; UST 10yr at 2.88%; oil up and gold down; NZ$1 = 71.9 USc; TWI-5 = 73.2

Dairy prices dip; US struggles to fund its government; China electricity use jumps; China targets 11 mln new jobs; German confidence hit; UN says NZ a happy place; UST 10yr at 2.88%; oil up and gold down; NZ$1 = 71.9 USc; TWI-5 = 73.2

A review of things you need to know before you go home on Tuesday; BNZ raises mortgage rates, drops TD rates, consumer confidence holds, lifestyle blocks out of favour, RBA sees higher rates, swaps slip, NZD unchanged

A review of things you need to know before you go home on Tuesday; BNZ raises mortgage rates, drops TD rates, consumer confidence holds, lifestyle blocks out of favour, RBA sees higher rates, swaps slip, NZD unchanged

BNZ raises 2-year mortgage rate back to the same level offered by its Aussie rivals after a 2-week campaign

BNZ raises 2-year mortgage rate back to the same level offered by its Aussie rivals after a 2-week campaign

Facebook hack knocks Wall Street; Liddell gets a promotion; ECB at turning point; China new home prices fall; Aussie Commission inquiry gets ugly; UST 10yr at 2.85%; oil and gold unchanged; NZ$1 = 72.3 USc; TWI-5 = 73.5

Facebook hack knocks Wall Street; Liddell gets a promotion; ECB at turning point; China new home prices fall; Aussie Commission inquiry gets ugly; UST 10yr at 2.85%; oil and gold unchanged; NZ$1 = 72.3 USc; TWI-5 = 73.5

A review of things you need to know before you go home on Monday; F&P Finance cancelled, Westpac's low-ball offer, PSI slips, very low bankruptcies, economic forecasts, swaps up, NZD down

A review of things you need to know before you go home on Monday; F&P Finance cancelled, Westpac's low-ball offer, PSI slips, very low bankruptcies, economic forecasts, swaps up, NZD down

David Chaston explains why current economic growth is probably as good as it will get. There aren't many more workers who can participate & we need large, long-term business investment to change productivity

David Chaston explains why current economic growth is probably as good as it will get. There aren't many more workers who can participate & we need large, long-term business investment to change productivity

US housing starts slump; US consumer confidence up; China reduces UST holdings; China rail volume growth slips; BEPS gets serious; ASEAN resists China's B&R risks; UST 10yr at 2.85%; oil up, gold down; NZ$1 = 72.2 USc; TWI-5 = 73.4

US housing starts slump; US consumer confidence up; China reduces UST holdings; China rail volume growth slips; BEPS gets serious; ASEAN resists China's B&R risks; UST 10yr at 2.85%; oil up, gold down; NZ$1 = 72.2 USc; TWI-5 = 73.4

US housing starts drop; US confidence rises, but so does worry; China avoids new property taxes; China rail volumes rise; OECD sets new BEPS target; UST 10yr 2.85%; oil up and gold down; NZ$1 = 72.1 USc; TWI-5 = 73.3

US housing starts drop; US confidence rises, but so does worry; China avoids new property taxes; China rail volumes rise; OECD sets new BEPS target; UST 10yr 2.85%; oil up and gold down; NZ$1 = 72.1 USc; TWI-5 = 73.3

A review of things you need to know before you go home on Friday; ANZ changes TD rates, PMI average, mortgage brokers face wrath, NZGBs held by foreigners at 6yr low; swaps lower, NZD down

A review of things you need to know before you go home on Friday; ANZ changes TD rates, PMI average, mortgage brokers face wrath, NZGBs held by foreigners at 6yr low; swaps lower, NZD down

US Fed regions humming; US imports booming; NAFTA to survive with the US; Canada housing stumbles; China conglomerates with cash woes; Aussie inquiry digs at detail; UST 10yr at 2.82%; oil up, gold down; NZ$1 = 72.8 USc; TWI-5 = 73.8

US Fed regions humming; US imports booming; NAFTA to survive with the US; Canada housing stumbles; China conglomerates with cash woes; Aussie inquiry digs at detail; UST 10yr at 2.82%; oil up, gold down; NZ$1 = 72.8 USc; TWI-5 = 73.8

US deficits and debt grows; IMF sees productivity the main problem; Japan scandal; London house prices fall; EU to 'stand up to bullies'; UST 10yr at 2.87%; oil and gold drop; NZ$1 = 72.9 USc; TWI-5 = 73.9

US deficits and debt grows; IMF sees productivity the main problem; Japan scandal; London house prices fall; EU to 'stand up to bullies'; UST 10yr at 2.87%; oil and gold drop; NZ$1 = 72.9 USc; TWI-5 = 73.9

In a lacklustre real estate and mortgage market, another bank cuts a key rate to generate some momentum and snare some market share even as funding costs remain stable

In a lacklustre real estate and mortgage market, another bank cuts a key rate to generate some momentum and snare some market share even as funding costs remain stable

US employment surges but wage gain rate slips; Canada jobs sag; China CPI jumps, PPI off the boil; China new loan growth crashes; UST 10yr 2.89; oil up and gold unchanged; NZ$1 = 72.9 USc; TWI-5 = 74

US employment surges but wage gain rate slips; Canada jobs sag; China CPI jumps, PPI off the boil; China new loan growth crashes; UST 10yr 2.89; oil up and gold unchanged; NZ$1 = 72.9 USc; TWI-5 = 74

China exports surge; US waters down tariff talk; Japan C/A surplus jumps, growth revised up; US household debt rises; air travel growth sags; UST 10yr at 2.86%; oil and gold drop; NZ$1 = 72.6 USc; TWI-5 = 73.7

China exports surge; US waters down tariff talk; Japan C/A surplus jumps, growth revised up; US household debt rises; air travel growth sags; UST 10yr at 2.86%; oil and gold drop; NZ$1 = 72.6 USc; TWI-5 = 73.7

A review of things you need to know before you go home on Thursday; Truckometer gives mixed Q1-18 signals, provincial rents jump, banks extract 78% of profits, swap rates & NZD stable, bitcoin slumps

A review of things you need to know before you go home on Thursday; Truckometer gives mixed Q1-18 signals, provincial rents jump, banks extract 78% of profits, swap rates & NZD stable, bitcoin slumps

US payrolls rising, but productivity flat; US trade deficit swells; global airfreight booms; China FX reserves slip; EU grows +2.7%; UST 10yr at 2.87%; oil and gold drop; NZ$1 = 72.6 USc; TWI-5 = 73.6

US payrolls rising, but productivity flat; US trade deficit swells; global airfreight booms; China FX reserves slip; EU grows +2.7%; UST 10yr at 2.87%; oil and gold drop; NZ$1 = 72.6 USc; TWI-5 = 73.6

A review of things you need to know before you go home on Wednesday; a TD rate rise, Govt tax surplus leaps, wholesale trade strong, residential building weak, rates up, AU GDP underwhelms, swaps unchanged, NZD rises

A review of things you need to know before you go home on Wednesday; a TD rate rise, Govt tax surplus leaps, wholesale trade strong, residential building weak, rates up, AU GDP underwhelms, swaps unchanged, NZD rises

Dairy prices hold; US durable goods orders fall; OECD inflation slips; China now 20% of world economy; China shadow banking 15% of global total; UST 10yr at 2.89%; oil unchanged, gold up; NZ$1 = 73 USc; TWI-5 = 73.9

Dairy prices hold; US durable goods orders fall; OECD inflation slips; China now 20% of world economy; China shadow banking 15% of global total; UST 10yr at 2.89%; oil unchanged, gold up; NZ$1 = 73 USc; TWI-5 = 73.9

A review of things you need to know before you go home on Tuesday; BNZ drops mortgage rate, used import sales fall, public housing levels rise, Census return due, Aussie C/A deficit falls, swaps rise, NZD stable

A review of things you need to know before you go home on Tuesday; BNZ drops mortgage rate, used import sales fall, public housing levels rise, Census return due, Aussie C/A deficit falls, swaps rise, NZD stable

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