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
Holiday period sees a number of mortgage rate changes by many banks as wholesale markets rise and economic conditions get murky
8th Jan 16, 10:22am
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Holiday period sees a number of mortgage rate changes by many banks as wholesale markets rise and economic conditions get murky
China gives up stock market fall limits; World Bank raises growth forecasts; Brazil in trouble too; Aussie trade dives; UST 10yr yield 2.19%; gold up again; oil down again; NZ$1 = 66.4 USc, TWI-5 = 72
8th Jan 16, 8:35am
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China gives up stock market fall limits; World Bank raises growth forecasts; Brazil in trouble too; Aussie trade dives; UST 10yr yield 2.19%; gold up again; oil down again; NZ$1 = 66.4 USc, TWI-5 = 72
China's stock markets shuttered again following fast slump; Aussie building approvals tumble; oil falls to US$33/bbl; gold jumps to US$1,100/oz; NZ$1 = 66.4 USc, TWI = 72.1
7th Jan 16, 4:08pm
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China's stock markets shuttered again following fast slump; Aussie building approvals tumble; oil falls to US$33/bbl; gold jumps to US$1,100/oz; NZ$1 = 66.4 USc, TWI = 72.1
David Chaston looks at our addiction to consumer debt, notices how hard it is to shake, wonders if we need a debt tax to change behaviour
7th Jan 16, 12:06pm
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David Chaston looks at our addiction to consumer debt, notices how hard it is to shake, wonders if we need a debt tax to change behaviour
US payrolls and service sectors expand; US trade deficit falls; Texas cow deaths; China trapped, yuan falls; US abandons 'fair value' rule; UST 10yr yield 2.20%; gold up; oil at 11 yr low; NZ$1 = 66.3 USc, TWI = 72.1
7th Jan 16, 8:31am
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US payrolls and service sectors expand; US trade deficit falls; Texas cow deaths; China trapped, yuan falls; US abandons 'fair value' rule; UST 10yr yield 2.20%; gold up; oil at 11 yr low; NZ$1 = 66.3 USc, TWI = 72.1
Average Auckland price slips, number of sales drops sharply, reports Barfoots for December
6th Jan 16, 10:50am
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Average Auckland price slips, number of sales drops sharply, reports Barfoots for December
WMP falls -4.4% but other dairy prices rise; China battling to restore sentiment; US car sales hit record; Sydney house prices fall; UST 10yr yield 2.24%; gold up oil down; NZ$1 = 67 USc, TWI = 72.6
6th Jan 16, 8:30am
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WMP falls -4.4% but other dairy prices rise; China battling to restore sentiment; US car sales hit record; Sydney house prices fall; UST 10yr yield 2.24%; gold up oil down; NZ$1 = 67 USc, TWI = 72.6
New Zealand's small banks are doing their job of keeping the behemoths honest on 'price'. But they are not winning enough new customers to threaten the giants
5th Jan 16, 10:50am
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New Zealand's small banks are doing their job of keeping the behemoths honest on 'price'. But they are not winning enough new customers to threaten the giants
China equity markets suspended on -7% fall; China and US factories weaker, other Asian factories gain; US construction soft; Smith gone; UST 10yr yield 2.22%; gold up oil down; NZ$1 = 67.4 USc, TWI = 72.9
5th Jan 16, 8:24am
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China equity markets suspended on -7% fall; China and US factories weaker, other Asian factories gain; US construction soft; Smith gone; UST 10yr yield 2.22%; gold up oil down; NZ$1 = 67.4 USc, TWI = 72.9
New Zealand scores highly in a major new study of creativity. 'Class' has been redefined as now a division between the 'creative class' and the 'service class'
4th Jan 16, 10:04am
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New Zealand scores highly in a major new study of creativity. 'Class' has been redefined as now a division between the 'creative class' and the 'service class'
US jobless claims rise; China shifts tack; China services healthy but factories not growing; UST 10yr yield 2.27%; gold and oil down; NZ$1 = 68.3 USc, TWI = 73.6
4th Jan 16, 8:52am
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US jobless claims rise; China shifts tack; China services healthy but factories not growing; UST 10yr yield 2.27%; gold and oil down; NZ$1 = 68.3 USc, TWI = 73.6
The premium between asking prices and median sales prices has ballooned to over $80,000 making deals hard to make and limiting sales volumes
3rd Jan 16, 9:52am
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The premium between asking prices and median sales prices has ballooned to over $80,000 making deals hard to make and limiting sales volumes
IMF sees a disappointing 2016; US house prices up +6%; Portugal trips up the NZSF; uranium sales rising; UST 10yr yield 2.31%; gold and oil down; NZ$1 = 68.3 USc, TWI = 73.5
31st Dec 15, 8:42am
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IMF sees a disappointing 2016; US house prices up +6%; Portugal trips up the NZSF; uranium sales rising; UST 10yr yield 2.31%; gold and oil down; NZ$1 = 68.3 USc, TWI = 73.5
We want your opinion about what is likely to happen in the year ahead, on anything that affects our economy
30th Dec 15, 2:42pm
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We want your opinion about what is likely to happen in the year ahead, on anything that affects our economy
We look back on a big, successful year and reveal our most popular stories; announce expanded coverage for 2016
30th Dec 15, 12:33pm
We look back on a big, successful year and reveal our most popular stories; announce expanded coverage for 2016
US confidence rises (even in Texas); China adopts the Accommodation Supplement'; Brazil in trouble; home loan approvals high; UST 10yr yield 2.27%; gold and oil up; NZ$1 = 68.7 USc, TWI = 73.9
30th Dec 15, 8:50am
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US confidence rises (even in Texas); China adopts the Accommodation Supplement'; Brazil in trouble; home loan approvals high; UST 10yr yield 2.27%; gold and oil up; NZ$1 = 68.7 USc, TWI = 73.9
Panic selling in China's sharemarkets; strong investment fund flows; P2P regulation; Japan's rut deepens; US retail gains; UST 10yr yield 2.21%; oil's low parity; gold down; NZ$1 = 68.5 USc, TWI = 73.6
29th Dec 15, 8:49am
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Panic selling in China's sharemarkets; strong investment fund flows; P2P regulation; Japan's rut deepens; US retail gains; UST 10yr yield 2.21%; oil's low parity; gold down; NZ$1 = 68.5 USc, TWI = 73.6
China pollution worse, flights canceled; US jobless claims low; Chinese house prices 'unaffordable'; Chinese outbound tourism booms; oil holds low; gold up; NZ$1 = 68.4 USc, TWI = 73.6
28th Dec 15, 9:00am
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China pollution worse, flights canceled; US jobless claims low; Chinese house prices 'unaffordable'; Chinese outbound tourism booms; oil holds low; gold up; NZ$1 = 68.4 USc, TWI = 73.6
US durables flat; sentiment higher; personal income up; NZ housing debt rises faster, rural debt slower; oil prices turn up; gold falls; NZ$1 = 67.8 USc, TWI = 73.1
24th Dec 15, 7:58am
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US durables flat; sentiment higher; personal income up; NZ housing debt rises faster, rural debt slower; oil prices turn up; gold falls; NZ$1 = 67.8 USc, TWI = 73.1
ASB responds to higher wholesale money costs by raising 3, 4 and 5 year fixed mortgage rates just prior to the holiday break
19th Dec 15, 4:49pm
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ASB responds to higher wholesale money costs by raising 3, 4 and 5 year fixed mortgage rates just prior to the holiday break
US jobless claims fall; IMF boss to face trial; Aust. corporate tax details revealed; English says RBNZ partly to blame; UST 10yr yield 2.30%; oil and gold tumble; NZ$1 = 66.9 US¢, TWI-5 = 72.7
18th Dec 15, 7:25am
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US jobless claims fall; IMF boss to face trial; Aust. corporate tax details revealed; English says RBNZ partly to blame; UST 10yr yield 2.30%; oil and gold tumble; NZ$1 = 66.9 US¢, TWI-5 = 72.7
The US Fed's rate hike may well trigger higher local fixed mortgage rates. An initial jump of about +30 bps could be raised higher as wholesale market conditions change
17th Dec 15, 8:29am
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The US Fed's rate hike may well trigger higher local fixed mortgage rates. An initial jump of about +30 bps could be raised higher as wholesale market conditions change
US Fed lists rates first time in almost 10yrs; US housing surges; Eurozone economy improves; China expects +6.8% growth; oil prices still falling; UST 10yr yield 2.30%; NZ$1 = 67.7 US¢, TWI-5 = 73
17th Dec 15, 7:12am
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US Fed lists rates first time in almost 10yrs; US housing surges; Eurozone economy improves; China expects +6.8% growth; oil prices still falling; UST 10yr yield 2.30%; NZ$1 = 67.7 US¢, TWI-5 = 73
A review of things you need to know before you go home on Wednesday; more rate cuts, higher rents, smaller C/A deficit, record indebtedness, oil explorers go home, swap rates rise again
16th Dec 15, 3:59pm
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A review of things you need to know before you go home on Wednesday; more rate cuts, higher rents, smaller C/A deficit, record indebtedness, oil explorers go home, swap rates rise again
Dairy prices hold; US inflation rises; Aussie deficits grow; markets awaiting Fed hike; oil steadies, gold slips; UST 10yr yield 2.27%; NZ$1 = 67.5 US¢, TWI-5 = 72.8
16th Dec 15, 7:22am
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Dairy prices hold; US inflation rises; Aussie deficits grow; markets awaiting Fed hike; oil steadies, gold slips; UST 10yr yield 2.27%; NZ$1 = 67.5 US¢, TWI-5 = 72.8