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David Chaston

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.

Member for

16 years 3 months

Latest articles

Eyes on US consumer credit growth; Canada sentiment rises; China eases FX restrictions; EU confidence up; ACCC bares its fangs; UST 10yr yield 2.48%; oil up and gold down; NZ$1 = 71.8 USc; TWI-5 = 74.1
9th Jan 18, 8:15am
90
Eyes on US consumer credit growth; Canada sentiment rises; China eases FX restrictions; EU confidence up; ACCC bares its fangs; UST 10yr yield 2.48%; oil up and gold down; NZ$1 = 71.8 USc; TWI-5 = 74.1
A review of things you need to know before you go home on Monday; No rate changes, low Auckland house sales, rents creep up, Aussie crop harvest extraordinary, NZ faster than AU, swap rates firm, NZD up
8th Jan 18, 3:59pm
7
A review of things you need to know before you go home on Monday; No rate changes, low Auckland house sales, rents creep up, Aussie crop harvest extraordinary, NZ faster than AU, swap rates firm, NZD up
Have banks signalled they've had enough of funding the dairy industry? If funding is closed off, the new Govt's obligations for the industry are likely to be expensive and even more stressful
8th Jan 18, 2:32pm
45
Have banks signalled they've had enough of funding the dairy industry? If funding is closed off, the new Govt's obligations for the industry are likely to be expensive and even more stressful
Barfoot & Thompson's December result reveals low sales volumes and very low new listings signed up. But average and median prices are holding up as fewer buyers are meeting seller expectations
8th Jan 18, 10:36am
160
Barfoot & Thompson's December result reveals low sales volumes and very low new listings signed up. But average and median prices are holding up as fewer buyers are meeting seller expectations
US jobs growth low; US trade deficit high; China caps bond trader pay; China FX reserves grow; surprise Aussie trade deficit; UST 10yr yield 2.48%; oil down and gold up; NZ$1 = 71.7 USc; TWI-5 = 73.9
8th Jan 18, 8:01am
11
US jobs growth low; US trade deficit high; China caps bond trader pay; China FX reserves grow; surprise Aussie trade deficit; UST 10yr yield 2.48%; oil down and gold up; NZ$1 = 71.7 USc; TWI-5 = 73.9
We ask, what income do you need to buy a house affordably? The range is surprisingly wide depending on where you choose to live, even for Aucklanders
7th Jan 18, 7:14am
41
We ask, what income do you need to buy a house affordably? The range is surprisingly wide depending on where you choose to live, even for Aucklanders
American non-farm payrolls sag; Canada jobs grow strongly; China limits bond trader pay; UST 10yr yield 2.48%; oil down and gold up; NZ$1 = 71.7 USc; TWI-5 = 73.9
6th Jan 18, 9:01am
7
American non-farm payrolls sag; Canada jobs grow strongly; China limits bond trader pay; UST 10yr yield 2.48%; oil down and gold up; NZ$1 = 71.7 USc; TWI-5 = 73.9
Strong US jobs growth; US service sector slows; Dow over 25,000; global service sector strong; China bond default risk up; Vancouver housing pressure shifts; UST 10yr yield 2.45%; oil and gold up; NZ$1 = 71.5 USc; TWI-5 = 73.7
5th Jan 18, 8:38am
10
Strong US jobs growth; US service sector slows; Dow over 25,000; global service sector strong; China bond default risk up; Vancouver housing pressure shifts; UST 10yr yield 2.45%; oil and gold up; NZ$1 = 71.5 USc; TWI-5 = 73.7
Kiwi savers get much higher term deposit interest rates than do Aussies. But we don't have a bank deposit guarantee scheme. Even so, the benefits Kiwis get from saving is more than the extra cost Kiwis pay for mortgages
4th Jan 18, 12:01pm
8
Kiwi savers get much higher term deposit interest rates than do Aussies. But we don't have a bank deposit guarantee scheme. Even so, the benefits Kiwis get from saving is more than the extra cost Kiwis pay for mortgages
US factory orders jump; US construction spending up; US car sales flat; China retail revolution; MIFID II arrives; UST 10yr yield 2.45%; oil and gold up; NZ$1 = 71 USc; TWI-5 = 73.2
4th Jan 18, 8:45am
18
US factory orders jump; US construction spending up; US car sales flat; China retail revolution; MIFID II arrives; UST 10yr yield 2.45%; oil and gold up; NZ$1 = 71 USc; TWI-5 = 73.2
Although term deposit rates were low and steady in 2017, there were some good pickups to be had from competitive special offers. But there is little sign low rates for savers are about to end
3rd Jan 18, 3:22pm
14
Although term deposit rates were low and steady in 2017, there were some good pickups to be had from competitive special offers. But there is little sign low rates for savers are about to end
Dairy prices up +2.2%; global factories expanding faster; Aussie house prices turn lower; AU banks move on commissions, staffing; Singapore grows faster; UST 10yr yield 2.47%; oil flat, gold up; NZ$1 = 71 USc; TWI-5 = 73.5
3rd Jan 18, 8:29am
7
Dairy prices up +2.2%; global factories expanding faster; Aussie house prices turn lower; AU banks move on commissions, staffing; Singapore grows faster; UST 10yr yield 2.47%; oil flat, gold up; NZ$1 = 71 USc; TWI-5 = 73.5
If financial markets are driven by two powerful emotions, greed and fear, then the lack of fear in bond markets suggests a cavalier attitude that may not end well
31st Dec 17, 8:02am
30
If financial markets are driven by two powerful emotions, greed and fear, then the lack of fear in bond markets suggests a cavalier attitude that may not end well
Is the year ahead a year for big changes, calamities, or rising prosperity? We want your opinion about what is likely to happen, on anything that affects our economy
31st Dec 17, 6:02am
171
Is the year ahead a year for big changes, calamities, or rising prosperity? We want your opinion about what is likely to happen, on anything that affects our economy
Global trends positive; stock markets rise strongly; trade with China strong; interest rates low & stable; risk chases alternative assets; UST 10yr yield 2.41%; oil and gold up; NZ$1 = 70.9 USc; TWI-5 = 73.2
30th Dec 17, 9:36am
18
Global trends positive; stock markets rise strongly; trade with China strong; interest rates low & stable; risk chases alternative assets; UST 10yr yield 2.41%; oil and gold up; NZ$1 = 70.9 USc; TWI-5 = 73.2
Aussie closes in on top 10; US population up +2.7 mln; US housing stock up +US$2 tln; US driver shortage; China freezes; aluminium prices jump; UST 10yr yield 2.43%; oil stable, gold up; NZ$1 = 70.8 USc; bitcoin falls -US$1000
29th Dec 17, 8:55am
10
Aussie closes in on top 10; US population up +2.7 mln; US housing stock up +US$2 tln; US driver shortage; China freezes; aluminium prices jump; UST 10yr yield 2.43%; oil stable, gold up; NZ$1 = 70.8 USc; bitcoin falls -US$1000
2017 was a year where the big got bigger and the biggest won an out-sized share - all while holding on to higher interest rates
28th Dec 17, 1:18pm
21
2017 was a year where the big got bigger and the biggest won an out-sized share - all while holding on to higher interest rates
US consumer confidence slips; US house prices rise, US commercial property prices jump; China trade surplus narrows; Russia wants its money back; UST 10yr 2.42%; oil and gold stable; NZ$1 = 70.7 USc; bitcoin falls -US$700
28th Dec 17, 8:48am
9
US consumer confidence slips; US house prices rise, US commercial property prices jump; China trade surplus narrows; Russia wants its money back; UST 10yr 2.42%; oil and gold stable; NZ$1 = 70.7 USc; bitcoin falls -US$700
We look back on a big, successful year and reveal our most popular stories; announce expanded coverage for 2018
27th Dec 17, 11:44am
12
We look back on a big, successful year and reveal our most popular stories; announce expanded coverage for 2018
China faces up to unsustainable local Govt borrowing; China changes tack on outbound investment; Japan CPI up; US data strong; UST 10yr 2.47%; oil and gold jump; NZ$1=US$0.703; bitcoin staggers then recovers
27th Dec 17, 8:27am
3
China faces up to unsustainable local Govt borrowing; China changes tack on outbound investment; Japan CPI up; US data strong; UST 10yr 2.47%; oil and gold jump; NZ$1=US$0.703; bitcoin staggers then recovers
David Chaston sees new challenges arriving for workers. A work-life balance will be replaced by a work-output-life balance as relentless tech changes undermine the old ways of working and measuring the value of work
24th Dec 17, 6:55am
59
David Chaston sees new challenges arriving for workers. A work-life balance will be replaced by a work-output-life balance as relentless tech changes undermine the old ways of working and measuring the value of work
US retail strong; China tweaks rates; ECB stays loose, raises growth forecasts; Canada household debt jumps; HNA in talks with banks; UST 10yr yield at 2.35%; oil unchanged, gold up; NZ$1 = 69.9 US¢, TWI-5 = 72.8
15th Dec 17, 7:35am
12
US retail strong; China tweaks rates; ECB stays loose, raises growth forecasts; Canada household debt jumps; HNA in talks with banks; UST 10yr yield at 2.35%; oil unchanged, gold up; NZ$1 = 69.9 US¢, TWI-5 = 72.8
A review of things you need to know before you go home on Thursday; no rate changes, mini-budget bores, no leverage reduction, wool prices dive, lamb prices rise, livestock numbers drop, TSB refunds, swaps down, NZD up
14th Dec 17, 3:59pm
3
A review of things you need to know before you go home on Thursday; no rate changes, mini-budget bores, no leverage reduction, wool prices dive, lamb prices rise, livestock numbers drop, TSB refunds, swaps down, NZD up
Fed rate review; US inflation slips; China targeted at WTO; CBA offers laundering defense; Moody's happy with NZ banks; UST 10yr yield at 2.36%; oil slips, gold up; NZ$1 = 69.9 US¢, TWI-5 = 73
14th Dec 17, 7:31am
14
Fed rate review; US inflation slips; China targeted at WTO; CBA offers laundering defense; Moody's happy with NZ banks; UST 10yr yield at 2.36%; oil slips, gold up; NZ$1 = 69.9 US¢, TWI-5 = 73
Eyes on Fed; US PPI jumps; SME optimism rises; Moody's sees world growth rising; OECD sees jobless rate below pre-GFC levels; Trump's Washington panned; UST 10yr yield at 2.42%; oil slips, gold drops; NZ$1 = 69.3 US¢, TWI-5 = 72.6
13th Dec 17, 7:38am
8
Eyes on Fed; US PPI jumps; SME optimism rises; Moody's sees world growth rising; OECD sees jobless rate below pre-GFC levels; Trump's Washington panned; UST 10yr yield at 2.42%; oil slips, gold drops; NZ$1 = 69.3 US¢, TWI-5 = 72.6