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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

15 years 10 months

Latest articles

US jobs growth rises, personal income up; US car loans struggle; Canada growth shines; Aussie apartment market teeters; UST 10yr yield at 2.39%; oil races higher, gold sinks; NZ$1 = 70.9 US¢, TWI-5 = 76.9
1st Dec 16, 7:29am
26
US jobs growth rises, personal income up; US car loans struggle; Canada growth shines; Aussie apartment market teeters; UST 10yr yield at 2.39%; oil races higher, gold sinks; NZ$1 = 70.9 US¢, TWI-5 = 76.9
Savers tempted with higher rates across the board by a smaller retail bank. Another term gets a 4% offer, this SBS Bank one at 3 years
30th Nov 16, 5:35pm
Savers tempted with higher rates across the board by a smaller retail bank. Another term gets a 4% offer, this SBS Bank one at 3 years
A review of things you need to know before you go home on Wednesday; $1 mln home values widespread, RBNZ FSR review, business confidence high, debt growth slows, swaps up, NZD up
30th Nov 16, 3:59pm
3
A review of things you need to know before you go home on Wednesday; $1 mln home values widespread, RBNZ FSR review, business confidence high, debt growth slows, swaps up, NZD up
US economy grows faster; US confidence up, house prices up; Japan data shows pickup; China to curb outbound investment; UST 10yr yield at 2.31%; oil and gold down; NZ$1 = 71.1 US¢, TWI-5 = 76.9
30th Nov 16, 7:34am
16
US economy grows faster; US confidence up, house prices up; Japan data shows pickup; China to curb outbound investment; UST 10yr yield at 2.31%; oil and gold down; NZ$1 = 71.1 US¢, TWI-5 = 76.9
A review of things you need to know before you go home on Tuesday; Westpac hikes, Tower tanks, Synlait follows, another big R/E fine, Aussie hot, swaps slip again, NZD stable
29th Nov 16, 3:59pm
5
A review of things you need to know before you go home on Tuesday; Westpac hikes, Tower tanks, Synlait follows, another big R/E fine, Aussie hot, swaps slip again, NZD stable
Boeing loses WTO challenge, Airbus may as well; OECD forecasts positive for NZ; iron ore price scorches higher; China pressures Singapore; UST 10yr yield at 2.32%; oil and gold down; NZ$1 = 70.6 US¢, TWI-5 = 76.4
29th Nov 16, 7:39am
16
Boeing loses WTO challenge, Airbus may as well; OECD forecasts positive for NZ; iron ore price scorches higher; China pressures Singapore; UST 10yr yield at 2.32%; oil and gold down; NZ$1 = 70.6 US¢, TWI-5 = 76.4
The Red Bank announces its fixed home loan rate hikes, but delays their effective date until Friday. They set hikes of +5 to +20 bps
28th Nov 16, 5:29pm
1
The Red Bank announces its fixed home loan rate hikes, but delays their effective date until Friday. They set hikes of +5 to +20 bps
A review of things you need to know before you go home on Monday; TD rates rise, rural accident rate, WMP prices turn up, Goff caps rate rises at +2.5%, swaps fall and flatten, NZD up
28th Nov 16, 3:59pm
2
A review of things you need to know before you go home on Monday; TD rates rise, rural accident rate, WMP prices turn up, Goff caps rate rises at +2.5%, swaps fall and flatten, NZD up
Both Kiwibank and Westpac raise some rates for savers, with one focusing on a hot six month offer, the other on a two year offer
28th Nov 16, 10:08am
6
Both Kiwibank and Westpac raise some rates for savers, with one focusing on a hot six month offer, the other on a two year offer
US retail sales rise; US trade deficit also rises; China producers and rail report gains; PBOC tightens; HNA eyes UDC; UST 10yr yield at 2.36%; oil and gold down; NZ$1 = 70.4 US¢, TWI-5 = 76.3
28th Nov 16, 7:36am
8
US retail sales rise; US trade deficit also rises; China producers and rail report gains; PBOC tightens; HNA eyes UDC; UST 10yr yield at 2.36%; oil and gold down; NZ$1 = 70.4 US¢, TWI-5 = 76.3
After a week of home loan rate hikes, we review the state of the mortgage rate cards, by bank, noting how wide the difference is between the lowest and highest offer rates
27th Nov 16, 4:02pm
2
After a week of home loan rate hikes, we review the state of the mortgage rate cards, by bank, noting how wide the difference is between the lowest and highest offer rates
The separation of bank rate setting from the OCR signals is more about a mismatch between demand for loans and supply of funding than responding to the RBNZ's policy
26th Nov 16, 11:03am
20
The separation of bank rate setting from the OCR signals is more about a mismatch between demand for loans and supply of funding than responding to the RBNZ's policy
We extract the New Zealand components from the latest OECD review of income inequality and benchmark them against the usual suspects
26th Nov 16, 8:29am
7
We extract the New Zealand components from the latest OECD review of income inequality and benchmark them against the usual suspects
A review of things you need to know before you go home on Friday; banks raise rates, ANZ accused of cartel activity, trade deficit smaller than expected, swaps and NZD stable
25th Nov 16, 3:59pm
6
A review of things you need to know before you go home on Friday; banks raise rates, ANZ accused of cartel activity, trade deficit smaller than expected, swaps and NZD stable
ASB pushes its longer term deposit rates above 4% and raises many offers by more than 40 bps. BNZ adds another 10 bps to its longer term deposit rates
25th Nov 16, 11:17am
3
ASB pushes its longer term deposit rates above 4% and raises many offers by more than 40 bps. BNZ adds another 10 bps to its longer term deposit rates
Two more main-line banks raise more mortgage rates, returning for extras after hikes earlier in the month (and earlier in the week)
25th Nov 16, 10:03am
15
Two more main-line banks raise more mortgage rates, returning for extras after hikes earlier in the month (and earlier in the week)
China rushes to replace TPP; food stocks high; NZ and China agree organic trade; OECD says NZ poverty rate lower; UST 10yr yield at 2.36%; oil unchanged, gold slumps again; NZ$1 = 70 US¢, TWI-5 = 76
25th Nov 16, 7:32am
13
China rushes to replace TPP; food stocks high; NZ and China agree organic trade; OECD says NZ poverty rate lower; UST 10yr yield at 2.36%; oil unchanged, gold slumps again; NZ$1 = 70 US¢, TWI-5 = 76
A review of things you need to know before you go home on Thursday; ANZ raises rates, yield on NZGB tender jumps, S&P grumpy, investors leave mortgage market, swaps rates surge, NZD slips
24th Nov 16, 3:59pm
A review of things you need to know before you go home on Thursday; ANZ raises rates, yield on NZGB tender jumps, S&P grumpy, investors leave mortgage market, swaps rates surge, NZD slips
Term deposit rate offers are tweaked higher by ANZ for terms of 18 months and longer following wholesale benchmarks that are moving higher at the long end
24th Nov 16, 10:10am
2
Term deposit rate offers are tweaked higher by ANZ for terms of 18 months and longer following wholesale benchmarks that are moving higher at the long end
Strong American data with durable goods orders rising; house sales up; consumer confidence up; UK forced to borrow big; PMIs healthy; UST 10yr yield at 2.35%; oil down, gold up; NZ$1 = 70US¢, TWI-5 = 76
24th Nov 16, 7:32am
14
Strong American data with durable goods orders rising; house sales up; consumer confidence up; UK forced to borrow big; PMIs healthy; UST 10yr yield at 2.35%; oil down, gold up; NZ$1 = 70US¢, TWI-5 = 76
New Zealand's largest bank tests customer loyalty with higher home loan rates for all terms longer than 1 year, following recent wholesale rate rises
23rd Nov 16, 7:01pm
28
New Zealand's largest bank tests customer loyalty with higher home loan rates for all terms longer than 1 year, following recent wholesale rate rises
A review of things you need to know before you go home on Wednesday; Co-op Banks cuts savings rate, SFF runs to altar, NZ #5 wealthiest, driverless cars racing towards us, swaps higher, NZD steady
23rd Nov 16, 3:59pm
17
A review of things you need to know before you go home on Wednesday; Co-op Banks cuts savings rate, SFF runs to altar, NZ #5 wealthiest, driverless cars racing towards us, swaps higher, NZD steady
US house sales rise; EU retaliates against the US; EU confidence low but rising; SA jobless hits 27%; S&P puts Australia on notice; UST 10yr yield at 2.31%; oil up, gold down; NZ$1 = 70.5 US¢, TWI-5 = 76.2
23rd Nov 16, 7:36am
19
US house sales rise; EU retaliates against the US; EU confidence low but rising; SA jobless hits 27%; S&P puts Australia on notice; UST 10yr yield at 2.31%; oil up, gold down; NZ$1 = 70.5 US¢, TWI-5 = 76.2
A review of things you need to know before you go home on Tuesday; migration up because we aren't leaving, Heartland eyes UDC, UFB rollout gets momentum, TPP to die but other FTA deals rise, swaps slip, NZD up
22nd Nov 16, 3:59pm
2
A review of things you need to know before you go home on Tuesday; migration up because we aren't leaving, Heartland eyes UDC, UFB rollout gets momentum, TPP to die but other FTA deals rise, swaps slip, NZD up
S&P500 hits record; Japan trade surplus grows; China pollution control stress; Baltic Dry Index leaps; UST 10yr yield at 2.33%; oil up strongly, gold gets small bump up; NZ$1 = 70.6 US¢, TWI-5 = 76.4
22nd Nov 16, 7:41am
1
S&P500 hits record; Japan trade surplus grows; China pollution control stress; Baltic Dry Index leaps; UST 10yr yield at 2.33%; oil up strongly, gold gets small bump up; NZ$1 = 70.6 US¢, TWI-5 = 76.4