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
'Going up' is not giving Auckland more affordable housing any more. In fact, most 2016 projects are for large and expensive apartments as capacity constraints shift resources
29th Jul 16, 2:08pm
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'Going up' is not giving Auckland more affordable housing any more. In fact, most 2016 projects are for large and expensive apartments as capacity constraints shift resources
IMF rebuked on bailout processes; fewer China zombies; China floods disrupt food and steel; Britain faces gloom; NZ sovereign CDS spreads hit new low; UST 10yr yield at 1.51%; oil lower and gold higher; NZ$1 = 70.7 US¢, TWI-5 = 74.6
29th Jul 16, 7:33am
2
IMF rebuked on bailout processes; fewer China zombies; China floods disrupt food and steel; Britain faces gloom; NZ sovereign CDS spreads hit new low; UST 10yr yield at 1.51%; oil lower and gold higher; NZ$1 = 70.7 US¢, TWI-5 = 74.6
David Chaston explains what really motivates banks when you apply for a mortgage, and why they react as they do when you get into financial strife
29th Jul 16, 5:49am
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David Chaston explains what really motivates banks when you apply for a mortgage, and why they react as they do when you get into financial strife
A review of things you need to know before you go home on Thursday; Auckland's home loan affordability problem, NZGB yield dives, tourism thrives, new infant formula powder plant, swap rates fall, NZD rises
28th Jul 16, 4:00pm
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A review of things you need to know before you go home on Thursday; Auckland's home loan affordability problem, NZGB yield dives, tourism thrives, new infant formula powder plant, swap rates fall, NZD rises
US Fed turns positive, but restrained by low inflation; US durable goods orders weak; Japan readies huge fiscal stimulus, may get monetary boost as well; UST 10yr yield at 1.54%; oil lower and gold higher; NZ$1 = 70.2 US¢, TWI-5 = 74.4
28th Jul 16, 7:24am
17
US Fed turns positive, but restrained by low inflation; US durable goods orders weak; Japan readies huge fiscal stimulus, may get monetary boost as well; UST 10yr yield at 1.54%; oil lower and gold higher; NZ$1 = 70.2 US¢, TWI-5 = 74.4
A review of things you need to know before you go home on Wednesday; a bold revised Plan for Auckland, one for Hawke's Bay too, court backs banks, as does Consumer NZ, swaps rise, NZD flat
27th Jul 16, 3:59pm
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A review of things you need to know before you go home on Wednesday; a bold revised Plan for Auckland, one for Hawke's Bay too, court backs banks, as does Consumer NZ, swaps rise, NZD flat
Positive US economic data; eyes on Fed; Vancouver imposes 15% tax on foreign house buyers; ACCC calls for end to Aussie privatisations; UST 10yr yield at 1.57%; oil and gold lower; NZ$1 = 70.4 US¢, TWI-5 = 74.3
27th Jul 16, 7:20am
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Positive US economic data; eyes on Fed; Vancouver imposes 15% tax on foreign house buyers; ACCC calls for end to Aussie privatisations; UST 10yr yield at 1.57%; oil and gold lower; NZ$1 = 70.4 US¢, TWI-5 = 74.3
A review of things you need to know before you go home on Tuesday; building records, job hunting up, horticulture saves trade, eyes on bank rules, swaps steepen, NZD flat
26th Jul 16, 3:59pm
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A review of things you need to know before you go home on Tuesday; building records, job hunting up, horticulture saves trade, eyes on bank rules, swaps steepen, NZD flat
A review of things you need to know before you go home on Monday; property yields vanishing, construction boom coming, equities higher, swaps hold at record lows, NZD unchanged
25th Jul 16, 3:59pm
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A review of things you need to know before you go home on Monday; property yields vanishing, construction boom coming, equities higher, swaps hold at record lows, NZD unchanged
US factories busy; UK confidence drops; IMF's Lagarde to face trial; Australia chooses NZ welfare reform path; UST 10yr yield at 1.57%; oil and gold lower; NZ$1 = 70 US¢, TWI-5 = 74.2
25th Jul 16, 7:18am
11
US factories busy; UK confidence drops; IMF's Lagarde to face trial; Australia chooses NZ welfare reform path; UST 10yr yield at 1.57%; oil and gold lower; NZ$1 = 70 US¢, TWI-5 = 74.2
A review of things you need to know before you go home on Friday; commission surge, poll surge, Chronican's third bank, China sentiment improves, bankruptcies up, swaps down
22nd Jul 16, 4:02pm
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A review of things you need to know before you go home on Friday; commission surge, poll surge, Chronican's third bank, China sentiment improves, bankruptcies up, swaps down
US housing sales rise; jobless claims fall; ECB tackles uncertainty, hints Italian bank bailout; Singapore moves on 1MDB; Aussie bank satisfaction drops; UST 10yr yield at 1.57%; oil lower, gold up; NZ$1 = 69.8 US¢, TWI-5 = 73.8
22nd Jul 16, 7:33am
2
US housing sales rise; jobless claims fall; ECB tackles uncertainty, hints Italian bank bailout; Singapore moves on 1MDB; Aussie bank satisfaction drops; UST 10yr yield at 1.57%; oil lower, gold up; NZ$1 = 69.8 US¢, TWI-5 = 73.8
A review of things you need to know before you go home on Thursday; RBNZ view turns, Auckland Council readies bond offer, migration up, credit card use smarter, business bills paid on time, swaps and NZD fall
21st Jul 16, 3:59pm
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A review of things you need to know before you go home on Thursday; RBNZ view turns, Auckland Council readies bond offer, migration up, credit card use smarter, business bills paid on time, swaps and NZD fall
US sues to seize US$1 bln of stolen Malaysian funds; HSBC managers charged over fx fraud; big Aussie non-bank merger; ASIC tells banks to "raise the culture bar"; UST 10yr yield at 1.59%; oil unchanged, gold lower; NZ$1 = 70.2 US¢, TWI-5 = 74.4
21st Jul 16, 7:35am
5
US sues to seize US$1 bln of stolen Malaysian funds; HSBC managers charged over fx fraud; big Aussie non-bank merger; ASIC tells banks to "raise the culture bar"; UST 10yr yield at 1.59%; oil unchanged, gold lower; NZ$1 = 70.2 US¢, TWI-5 = 74.4
A review of things you need to know before you go home on Wednesday; markets await RBNZ update, milk payout threat, good LGFA demand, mortgage approvals slow, swaps and NZD recover somewhat
20th Jul 16, 4:00pm
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A review of things you need to know before you go home on Wednesday; markets await RBNZ update, milk payout threat, good LGFA demand, mortgage approvals slow, swaps and NZD recover somewhat
A review of things you need to know before you go home on Tuesday; tighter LVRs, bigger discounts, softer demand, brighter WMP pricing?, swap rates drop sharply, NZD slips
19th Jul 16, 3:59pm
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A review of things you need to know before you go home on Tuesday; tighter LVRs, bigger discounts, softer demand, brighter WMP pricing?, swap rates drop sharply, NZD slips
Lagarde sees correspondent bank pullback; China signals larger deficit spending; 'conduct costs' balloon for banks; UST 10yr yield at 1.60%; oil and gold lower; NZ$1 = 71.1 US¢, TWI-5 = 74.8
19th Jul 16, 8:01am
4
Lagarde sees correspondent bank pullback; China signals larger deficit spending; 'conduct costs' balloon for banks; UST 10yr yield at 1.60%; oil and gold lower; NZ$1 = 71.1 US¢, TWI-5 = 74.8
A review of things you need to know before you go home on Monday; UDC raises a key rate, house values jump, inflation slides, the service sector still expanding, swap rates and NZD fall
18th Jul 16, 3:59pm
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A review of things you need to know before you go home on Monday; UDC raises a key rate, house values jump, inflation slides, the service sector still expanding, swap rates and NZD fall
US economy boosted by good data; markets ignore political tensions; BofE readies 'sledgehammer"; China can't change; RBA has QE plan; UST 10yr yield at 1.56%; oil and gold up; NZ$1 = 71.2 US¢, TWI-5 = 74.9
18th Jul 16, 7:02am
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US economy boosted by good data; markets ignore political tensions; BofE readies 'sledgehammer"; China can't change; RBA has QE plan; UST 10yr yield at 1.56%; oil and gold up; NZ$1 = 71.2 US¢, TWI-5 = 74.9
David Chaston calls on the five main banks to give back the full OCR cuts from December and March now that it is clear the 'higher costs' claimed never materialised or have since faded
17th Jul 16, 5:20pm
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David Chaston calls on the five main banks to give back the full OCR cuts from December and March now that it is clear the 'higher costs' claimed never materialised or have since faded
A review of things you need to know before you go home on Friday; mortgage and TD changes, house prices up, volumes down, big rent increases, swaps steepen sharply, NZD yoyos
15th Jul 16, 3:59pm
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A review of things you need to know before you go home on Friday; mortgage and TD changes, house prices up, volumes down, big rent increases, swaps steepen sharply, NZD yoyos
US jobless claims below expectations; BofE holds; Aussie full time jobs 'surge'; AU banks told to end sales commissions; UST 10yr yield at 1.54%; oil up, gold down; NZ$1 = 72 US¢, TWI-5 = 75.5
15th Jul 16, 7:26am
6
US jobless claims below expectations; BofE holds; Aussie full time jobs 'surge'; AU banks told to end sales commissions; UST 10yr yield at 1.54%; oil up, gold down; NZ$1 = 72 US¢, TWI-5 = 75.5
A review of things you need to know before you go home on Thursday; factories humming, consumer confidence holds high, more job ads, linkers lower, more milk, swaps and NZD fall
14th Jul 16, 3:59pm
A review of things you need to know before you go home on Thursday; factories humming, consumer confidence holds high, more job ads, linkers lower, more milk, swaps and NZD fall
US expanding modestly; Ireland reports stunning growth; China imports fall sharply; Malaysia cuts rates; Japan cuts growth forecast; UST 10yr yield at 1.47%; oil down, gold up; NZ$1 = 72.8 US¢, TWI-5 = 76.4
14th Jul 16, 7:22am
13
US expanding modestly; Ireland reports stunning growth; China imports fall sharply; Malaysia cuts rates; Japan cuts growth forecast; UST 10yr yield at 1.47%; oil down, gold up; NZ$1 = 72.8 US¢, TWI-5 = 76.4
A review of things you need to know before you go home on Wednesday; food prices drop, mortgage approvals past their peak, new Rabobank CEO, equity markets all gain, swap rates rise and steepen
13th Jul 16, 3:59pm
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A review of things you need to know before you go home on Wednesday; food prices drop, mortgage approvals past their peak, new Rabobank CEO, equity markets all gain, swap rates rise and steepen