David Chaston

The Home Loan Affordability Reports have had a major makeover - what has changed and why we have changed the way we measure home loan affordability in New Zealand

The Home Loan Affordability Reports have had a major makeover - what has changed and why we have changed the way we measure home loan affordability in New Zealand

US data improves, consumers more confident; VW gets NZ$20 bln penalty; Italy readies a huge bank bailout; UST 10yr yield at 1.46%; oil up, gold down; NZ$1 = 70.2 US¢, TWI-5 = 74.2

US data improves, consumers more confident; VW gets NZ$20 bln penalty; Italy readies a huge bank bailout; UST 10yr yield at 1.46%; oil up, gold down; NZ$1 = 70.2 US¢, TWI-5 = 74.2

ASB pushes through a +10 bps hike in its floating mortgage rate, even though swap rates and credit spreads don't indicate any funding cost increases

ASB pushes through a +10 bps hike in its floating mortgage rate, even though swap rates and credit spreads don't indicate any funding cost increases

A review of things you need to know before you go home on Tuesday; mortgage rates inch up, equities lower, gold down, cheaper electricity, 1-5 swap curve dives lower, NZD active but unchanged

A review of things you need to know before you go home on Tuesday; mortgage rates inch up, equities lower, gold down, cheaper electricity, 1-5 swap curve dives lower, NZD active but unchanged

UK loses AAA rating; equities down -2%; US services growth subdued; China housing demand up; Aust polls say no-change; UST 10yr yield down to 1.46%; oil lower, gold up; NZ$1 = 69.9 US¢, TWI-5 = 73.9

UK loses AAA rating; equities down -2%; US services growth subdued; China housing demand up; Aust polls say no-change; UST 10yr yield down to 1.46%; oil lower, gold up; NZ$1 = 69.9 US¢, TWI-5 = 73.9

A review of things you need to know before you go home on Monday; many mortgage rate changes, job confidence falls, bigger trade surplus, high interest-only lending, swaps and NZD both hold their ground

A review of things you need to know before you go home on Monday; many mortgage rate changes, job confidence falls, bigger trade surplus, high interest-only lending, swaps and NZD both hold their ground

Brexit changes London's financial status; NZ Govt reaches out directly to the EU; NZ to increase focus on Pacific; UST 10yr yield up to 1.59%; oil lower, gold jumps; NZ$1 = 71.3 US¢, TWI-5 = 74.7

Brexit changes London's financial status; NZ Govt reaches out directly to the EU; NZ to increase focus on Pacific; UST 10yr yield up to 1.59%; oil lower, gold jumps; NZ$1 = 71.3 US¢, TWI-5 = 74.7

Wholesale rates may be falling fast toward record lows but risk premiums are rising. Mortgage rates may fall, but it is unlikely to be in the next week or two, although Kiwibank cuts today

Wholesale rates may be falling fast toward record lows but risk premiums are rising. Mortgage rates may fall, but it is unlikely to be in the next week or two, although Kiwibank cuts today

An update of where major markets ended the week following the UK vote to leave the European Union, as they affect New Zealand

An update of where major markets ended the week following the UK vote to leave the European Union, as they affect New Zealand

A review of things you need to know before you go home on Friday; Kiwibank raises TD rate; the Brits vote to Leave, cattle prices at risk, share markets drop, swap rates dive, NZD holds

A review of things you need to know before you go home on Friday; Kiwibank raises TD rate; the Brits vote to Leave, cattle prices at risk, share markets drop, swap rates dive, NZD holds

England votes; US data positive, markets up; huge VW cheating settlement; McKinsey sees enormous China gains, and risks; UST 10yr yield up to 1.73%; oil up, gold lower; NZ$1 = 72.4 US¢, TWI-5 = 75.2

England votes; US data positive, markets up; huge VW cheating settlement; McKinsey sees enormous China gains, and risks; UST 10yr yield up to 1.73%; oil up, gold lower; NZ$1 = 72.4 US¢, TWI-5 = 75.2

A review of things you need to know before you go home on Thursday; new auction data, latest NZGB bond tender less popular, renting costs more, huge education fraud uncovered, swaps flat, NZD rises again

A review of things you need to know before you go home on Thursday; new auction data, latest NZGB bond tender less popular, renting costs more, huge education fraud uncovered, swaps flat, NZD rises again

IMF ticks US economy, says poverty an issue; US household finances much improved; Bloomberg criticises Wheeler's engagement; NZ cost of living modest; UST 10yr yield up to 1.70%; oil and gold lower; NZ$1 = 71.6 US¢, TWI-5 = 74.6

IMF ticks US economy, says poverty an issue; US household finances much improved; Bloomberg criticises Wheeler's engagement; NZ cost of living modest; UST 10yr yield up to 1.70%; oil and gold lower; NZ$1 = 71.6 US¢, TWI-5 = 74.6

A review of things you need to know before you go home on Wednesday; Co-op Bank cuts savings rates, migration stays high, visitor levels boom, no let up in mortgage applications, swap rates up again, ditto NZD

A review of things you need to know before you go home on Wednesday; Co-op Bank cuts savings rates, migration stays high, visitor levels boom, no let up in mortgage applications, swap rates up again, ditto NZD

Yellen positive but cautious; key US data droops; eyes on migration stats; UST 10yr yield up to 1.69%; oil and gold lower; NZ$1 = 71.4 US¢, TWI-5 = 74.4

Yellen positive but cautious; key US data droops; eyes on migration stats; UST 10yr yield up to 1.69%; oil and gold lower; NZ$1 = 71.4 US¢, TWI-5 = 74.4

A review of things you need to know before you go home on Tuesday; NZCU Baywide cuts TD rates, Aussie property prices fall, big new Auckland project underway, swaps inch up, NZD firms

A review of things you need to know before you go home on Tuesday; NZCU Baywide cuts TD rates, Aussie property prices fall, big new Auckland project underway, swaps inch up, NZD firms

UK polls turn in EU's favour; financial markets jump; Hong Kong foreclosures rise; US truck index falls; UST 10yr yield 1.67%; oil up and gold down; NZ$1 = 71.1 US¢, TWI-5 = 74.1

UK polls turn in EU's favour; financial markets jump; Hong Kong foreclosures rise; US truck index falls; UST 10yr yield 1.67%; oil up and gold down; NZ$1 = 71.1 US¢, TWI-5 = 74.1

A review of things you need to know before you go home on Monday; BNZ raises a TD rate, consumer angst grows, farms selling fast, stocks up strongly, swaps raise & steepen, NZD rises

A review of things you need to know before you go home on Monday; BNZ raises a TD rate, consumer angst grows, farms selling fast, stocks up strongly, swaps raise & steepen, NZD rises

US CPI stable; US housing starts up; China house prices up; Indian central banker quits; Brexit contagion risks grip Europe; UST 10yr yield 1.61%; oil and gold unchanged; NZ$1 = 70.5 US¢, TWI-5 = 73.8

US CPI stable; US housing starts up; China house prices up; Indian central banker quits; Brexit contagion risks grip Europe; UST 10yr yield 1.61%; oil and gold unchanged; NZ$1 = 70.5 US¢, TWI-5 = 73.8

A review of things you need to know before you go home on Friday; Westpac cuts savings rates, factories & consumers happy, job ads up, Auckland shortage to stay, swaps rise, NZD holds

A review of things you need to know before you go home on Friday; Westpac cuts savings rates, factories & consumers happy, job ads up, Auckland shortage to stay, swaps rise, NZD holds

Too pessimistic on China; yen surges; Brexit vote twist; Hong Kong property droops, Vancouver property booms; Aussie wealth surprise; UST 10yr yield 1.56%; oil lower, gold unchanged; NZ$1 = 70.6 US¢, TWI-5 = 74

Too pessimistic on China; yen surges; Brexit vote twist; Hong Kong property droops, Vancouver property booms; Aussie wealth surprise; UST 10yr yield 1.56%; oil lower, gold unchanged; NZ$1 = 70.6 US¢, TWI-5 = 74

A review of things you need to know before you go home on Thursday; RaboDirect cuts, GDP beats forecasts, NZGBs in hot demand, Tokyo sinks, swaps fall and flatten, NZD rises

A review of things you need to know before you go home on Thursday; RaboDirect cuts, GDP beats forecasts, NZGBs in hot demand, Tokyo sinks, swaps fall and flatten, NZD rises

Dairy prices unchanged in USD, down sharply in NZD; WMP weak; US Fed stands pat, still signals hikes this year; UST 10yr yield 1.60%; oil lower, gold higher; NZ$1 = 70.6 US¢, TWI-5 = 73.9

Dairy prices unchanged in USD, down sharply in NZD; WMP weak; US Fed stands pat, still signals hikes this year; UST 10yr yield 1.60%; oil lower, gold higher; NZ$1 = 70.6 US¢, TWI-5 = 73.9

A review of things you need to know before you go home on Wednesday; Coop Bank tweaks rates, housing market separates, HSBC tightens loan criteria too, BOP better, swaps fall further

A review of things you need to know before you go home on Wednesday; Coop Bank tweaks rates, housing market separates, HSBC tightens loan criteria too, BOP better, swaps fall further

A review of things you need to know before you go home on Tuesday; ANZ to pay 0.1% interest, Harcourts prices up, NSW increases taxes on foreign buyers, non-profit sector shrinks, food prices fall, swaps flatten

A review of things you need to know before you go home on Tuesday; ANZ to pay 0.1% interest, Harcourts prices up, NSW increases taxes on foreign buyers, non-profit sector shrinks, food prices fall, swaps flatten