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
Dairy prices soft; NZ property a focus for rich Chinese; local China housing demand sinks; UK chooses hard Brexit; UST 10yr yield at 2.35%; oil stable, gold up; NZ$1 = 71.9 US¢, TWI-5 = 77.4
18th Jan 17, 7:32am
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Dairy prices soft; NZ property a focus for rich Chinese; local China housing demand sinks; UK chooses hard Brexit; UST 10yr yield at 2.35%; oil stable, gold up; NZ$1 = 71.9 US¢, TWI-5 = 77.4
Another bank raises most home lending rates including its floating rates, following similar moves of some majors
17th Jan 17, 8:21pm
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Another bank raises most home lending rates including its floating rates, following similar moves of some majors
A review of things you need to know before you go home on Tuesday; RaboDirect cuts PIE rates, Powerco to spend $1.4 bln, QSBO shows confidence, inflation lurking, swaps stable, NZD unchanged
17th Jan 17, 3:59pm
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A review of things you need to know before you go home on Tuesday; RaboDirect cuts PIE rates, Powerco to spend $1.4 bln, QSBO shows confidence, inflation lurking, swaps stable, NZD unchanged
IMF sees higher global growth, but more debt, more volatility; China's power use up +5%; Aussie Federal debt to exceed $0.5 tln; UST 10yr yield at 2.40%; oil stable, gold up; NZ$1 = 71 US¢, TWI-5 = 77
17th Jan 17, 7:38am
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IMF sees higher global growth, but more debt, more volatility; China's power use up +5%; Aussie Federal debt to exceed $0.5 tln; UST 10yr yield at 2.40%; oil stable, gold up; NZ$1 = 71 US¢, TWI-5 = 77
A review of things you need to know before you go home on Monday; Fitch negative on Aussie banks, Auckland rents fall, food costs unchanged, SFF posts loss, swaps unchanged, NZD holds, GBP falls
16th Jan 17, 3:59pm
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A review of things you need to know before you go home on Monday; Fitch negative on Aussie banks, Auckland rents fall, food costs unchanged, SFF posts loss, swaps unchanged, NZD holds, GBP falls
Moody's pays for GFC failings; US retail and confidence rise; heavy hitters at Davos; China clamps down on payment platforms; China tax take falls; UST 10yr yield at 2.40%; oil and gold lower; NZ$1 = 71.3 US¢, TWI-5 = 77.2
16th Jan 17, 7:38am
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Moody's pays for GFC failings; US retail and confidence rise; heavy hitters at Davos; China clamps down on payment platforms; China tax take falls; UST 10yr yield at 2.40%; oil and gold lower; NZ$1 = 71.3 US¢, TWI-5 = 77.2
A review of things you need to know before you go home on Friday; Westpac and UDC raise rates, shoppers spend at record levels, inflation ticks up, ASB says 2017 encouraging, swaps stable, NZD firms again
13th Jan 17, 3:59pm
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A review of things you need to know before you go home on Friday; Westpac and UDC raise rates, shoppers spend at record levels, inflation ticks up, ASB says 2017 encouraging, swaps stable, NZD firms again
US jobless claims low; air travel booms; PC shipments slump; German growth inches up; China bank lending soars; UST 10yr yield at 2.32%; oil and gold higher; NZ$1 = 71.3 US¢, TWI-5 = 77.2
13th Jan 17, 7:50am
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US jobless claims low; air travel booms; PC shipments slump; German growth inches up; China bank lending soars; UST 10yr yield at 2.32%; oil and gold higher; NZ$1 = 71.3 US¢, TWI-5 = 77.2
Black Friday home loan increases come from the Red Bank. Hikes range from +10 bps to +30 bps. Meanwhile wholesale swap rates fall
12th Jan 17, 6:56pm
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Black Friday home loan increases come from the Red Bank. Hikes range from +10 bps to +30 bps. Meanwhile wholesale swap rates fall
A review of things you need to know before you go home on Thursday; No rate changes today, Truckometer slows near peak, commodity prices rise, car sales in clouds, VW execs face criminal charges, swaps lower, NZD up
12th Jan 17, 3:59pm
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A review of things you need to know before you go home on Thursday; No rate changes today, Truckometer slows near peak, commodity prices rise, car sales in clouds, VW execs face criminal charges, swaps lower, NZD up
World Bank likes US tax-and-spend plans, worried about trade policy; US house sale fails rise; Vancouver takes odd policy stances; Aussie property developers happy; UST 10yr yield at 2.34%; oil up, gold down; NZ$1 = 70.1 US¢, TWI-5 = 76.5
12th Jan 17, 7:39am
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World Bank likes US tax-and-spend plans, worried about trade policy; US house sale fails rise; Vancouver takes odd policy stances; Aussie property developers happy; UST 10yr yield at 2.34%; oil up, gold down; NZ$1 = 70.1 US¢, TWI-5 = 76.5
A review of things you need to know before you go home on Wednesday; BNZ hikes mortgage rates including floating, UDC and BNZ up TD rates, QV sees investor retreat, car sales zoom, UDC sold, job ads strong
11th Jan 17, 3:59pm
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A review of things you need to know before you go home on Wednesday; BNZ hikes mortgage rates including floating, UDC and BNZ up TD rates, QV sees investor retreat, car sales zoom, UDC sold, job ads strong
BNZ pushes through rate hikes of up to +30 bps for almost all its home loan rates, and makes modest changes to two selected TD rates under two years
11th Jan 17, 12:22pm
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BNZ pushes through rate hikes of up to +30 bps for almost all its home loan rates, and makes modest changes to two selected TD rates under two years
International trade grows; US Fed pays huge dividend; FX 'cartel' traders to be indicted; China inflation jumps; Aussie milk output sinks; UST 10yr yield at 2.39%; oil lower, gold up; NZ$1 = 69.9 US¢, TWI-5 = 76.2
11th Jan 17, 7:52am
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International trade grows; US Fed pays huge dividend; FX 'cartel' traders to be indicted; China inflation jumps; Aussie milk output sinks; UST 10yr yield at 2.39%; oil lower, gold up; NZ$1 = 69.9 US¢, TWI-5 = 76.2
A review of things you need to know before you go home on Tuesday; Fixed and floating rates raised, home ownership rates fall; China PPI leaps, Aussie retail stumbles; swaps fall, NZD rises
10th Jan 17, 3:59pm
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A review of things you need to know before you go home on Tuesday; Fixed and floating rates raised, home ownership rates fall; China PPI leaps, Aussie retail stumbles; swaps fall, NZD rises
David Chaston explores how migrants and older workers are keeping NZ Super sustainable
10th Jan 17, 2:23pm
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David Chaston explores how migrants and older workers are keeping NZ Super sustainable
We missed it yesterday, but Kiwibank has also raised all its floating mortgage rates, although retains the position of 'lowest in market'
10th Jan 17, 10:54am
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We missed it yesterday, but Kiwibank has also raised all its floating mortgage rates, although retains the position of 'lowest in market'
US inflation expectations rise; Fed official: tackle budget deficit; Paraguay booming; AU mortgage stress hits wealthy suburbs; VW exec arrested over emissions cheating; UST 10yr yield at 2.38%; oil lower, gold up; NZ$1 = 70.2 US¢, TWI-5 = 76.6
10th Jan 17, 7:52am
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US inflation expectations rise; Fed official: tackle budget deficit; Paraguay booming; AU mortgage stress hits wealthy suburbs; VW exec arrested over emissions cheating; UST 10yr yield at 2.38%; oil lower, gold up; NZ$1 = 70.2 US¢, TWI-5 = 76.6
Another major mortgage lender raises fixed rates, this time the state-owned bank, with rises ranging from +10 to +20 bps
9th Jan 17, 5:36pm
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Another major mortgage lender raises fixed rates, this time the state-owned bank, with rises ranging from +10 to +20 bps
A review of things you need to know before you go home on Monday; Barfoot's December weak, Aussie housing approvals low, China smog spreading, Dow nears 20,000, swap rates turn up, NZD stable
9th Jan 17, 3:59pm
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A review of things you need to know before you go home on Monday; Barfoot's December weak, Aussie housing approvals low, China smog spreading, Dow nears 20,000, swap rates turn up, NZD stable
US adds 156K new jobs, pay rises +2.9% pa; sudden rush of bond issuance; surprise Aussie trade surplus; China fx reserves slip; UST 10yr yield at 2.42%; oil unchanged, gold lower; NZ$1 = 69.6 US¢, TWI-5 = 76.1
9th Jan 17, 7:13am
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US adds 156K new jobs, pay rises +2.9% pa; sudden rush of bond issuance; surprise Aussie trade surplus; China fx reserves slip; UST 10yr yield at 2.42%; oil unchanged, gold lower; NZ$1 = 69.6 US¢, TWI-5 = 76.1
We review what is on offer to term deposit savers, what is currently driving rates, and how to benefit from what appears to be a rising market
8th Jan 17, 8:08am
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We review what is on offer to term deposit savers, what is currently driving rates, and how to benefit from what appears to be a rising market
A major mortgage lender sets higher rates to start 2017, responding to higher wholesale rates, and hoping its rivals follow soon
6th Jan 17, 4:05pm
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A major mortgage lender sets higher rates to start 2017, responding to higher wholesale rates, and hoping its rivals follow soon
US service sector strong, but not traditional retail; China service sector grows; Japan insurer adopts AI; Vancouver house prices fall -2.2%; UST 10yr 2.37%; oil up, gold jumps while bitcoin slumps; NZ$1 = 70.3 USc, TWI = 76.4
6th Jan 17, 8:32am
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US service sector strong, but not traditional retail; China service sector grows; Japan insurer adopts AI; Vancouver house prices fall -2.2%; UST 10yr 2.37%; oil up, gold jumps while bitcoin slumps; NZ$1 = 70.3 USc, TWI = 76.4
We look at what the LINZ title data shows us about new residential dwelling construction activity, and compare that to the building consent data we are used to seeing
5th Jan 17, 9:33am
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We look at what the LINZ title data shows us about new residential dwelling construction activity, and compare that to the building consent data we are used to seeing