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
A review of things you need to know before you go home on Thursday; BNZ gives a little, some TD cuts, GDP surprises on high side, NZGB yields dive, swap rates dip sharply, NZD rises
17th Mar 16, 4:01pm
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A review of things you need to know before you go home on Thursday; BNZ gives a little, some TD cuts, GDP surprises on high side, NZGB yields dive, swap rates dip sharply, NZD rises
Yellen holds, optimistic; Wall Street jumps; US housing data strong, factory data weak; US core CPI rising; China power use rises; UK to tax sugar; UST 10yr yield 1.98%; oil up, gold down; NZ$1 = 66.8 US¢, TWI-5 = 70.6
17th Mar 16, 7:28am
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Yellen holds, optimistic; Wall Street jumps; US housing data strong, factory data weak; US core CPI rising; China power use rises; UK to tax sugar; UST 10yr yield 1.98%; oil up, gold down; NZ$1 = 66.8 US¢, TWI-5 = 70.6
A review of things you need to know before you go home on Wednesday; a rush of rate cuts (but not from BNZ), jail for mortgage fraud, dairy disappointment, C/A deficit falls, swap rates steepen, NZD falls
16th Mar 16, 4:00pm
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A review of things you need to know before you go home on Wednesday; a rush of rate cuts (but not from BNZ), jail for mortgage fraud, dairy disappointment, C/A deficit falls, swap rates steepen, NZD falls
Dairy prices fall again; US retail sales drop; fraud issues in London, Nigeria, Bangladesh; China eyes Tobin Tax, iron ore price slides, UST 10yr yield 1.96%; oil down, gold down; NZ$1 = 65.9 US¢, TWI-5 = 69.9
16th Mar 16, 7:24am
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Dairy prices fall again; US retail sales drop; fraud issues in London, Nigeria, Bangladesh; China eyes Tobin Tax, iron ore price slides, UST 10yr yield 1.96%; oil down, gold down; NZ$1 = 65.9 US¢, TWI-5 = 69.9
We put a value on what the banks are gaining and will retain by not passing on all of the OCR cut to borrowers
15th Mar 16, 4:22pm
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We put a value on what the banks are gaining and will retain by not passing on all of the OCR cut to borrowers
A review of things you need to know before you go home on Tuesday; only TD cuts today, Parliament in uproar over holdbacks, WMP signals positive, swap rates fall, NZD lower
15th Mar 16, 4:00pm
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A review of things you need to know before you go home on Tuesday; only TD cuts today, Parliament in uproar over holdbacks, WMP signals positive, swap rates fall, NZD lower
US inflation rising; US car loan defaults up; Moody's thinks China can't win; Eurozone factories buzzing; credit card benefits fade, UST 10yr yield 1.96%; oil down, gold down; NZ$1 = 66.8 US¢, TWI-5 = 70.7
15th Mar 16, 7:29am
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US inflation rising; US car loan defaults up; Moody's thinks China can't win; Eurozone factories buzzing; credit card benefits fade, UST 10yr yield 1.96%; oil down, gold down; NZ$1 = 66.8 US¢, TWI-5 = 70.7
A review of things you need to know before you go home on Monday; ASB launches hot fixed rates, full cuts to savings accounts, services sector expands faster, equities jump, swap rates steepen but low, NZD up
14th Mar 16, 4:01pm
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A review of things you need to know before you go home on Monday; ASB launches hot fixed rates, full cuts to savings accounts, services sector expands faster, equities jump, swap rates steepen but low, NZD up
US eyes on Fed, services stronger; China factory growth slows, retail growth underperforms, UST 10yr yield 1.98%; oil unchanged, gold down; NZ$1 = 67.5 US¢, TWI-5 = 71.2
14th Mar 16, 7:21am
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US eyes on Fed, services stronger; China factory growth slows, retail growth underperforms, UST 10yr yield 1.98%; oil unchanged, gold down; NZ$1 = 67.5 US¢, TWI-5 = 71.2
One Aussie-owned major breaks ranks, cuts floating rate to 5.55%, chops all fixed rates in key challenges for their main rivals
11th Mar 16, 5:13pm
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One Aussie-owned major breaks ranks, cuts floating rate to 5.55%, chops all fixed rates in key challenges for their main rivals
A review of things you need to know before you go home on Friday; some banks take a big cut of the OCR decrease, drop TD rates; food prices lower; factories humming; swap rates up; NZD up
11th Mar 16, 4:00pm
A review of things you need to know before you go home on Friday; some banks take a big cut of the OCR decrease, drop TD rates; food prices lower; factories humming; swap rates up; NZD up
Westpac follows ANZ, only cuts floating rate by -10 bps to 5.75%, spurning the RBNZ
11th Mar 16, 9:28am
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Westpac follows ANZ, only cuts floating rate by -10 bps to 5.75%, spurning the RBNZ
US jobless claims fall; US net worth rises; ECB cuts rates, hikes stimulus; world trade volumes high and stable, UST 10yr yield 1.90%; oil down, gold up; NZ$1 = 66.7 US¢, TWI-5 = 70.6
11th Mar 16, 7:21am
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US jobless claims fall; US net worth rises; ECB cuts rates, hikes stimulus; world trade volumes high and stable, UST 10yr yield 1.90%; oil down, gold up; NZ$1 = 66.7 US¢, TWI-5 = 70.6
The first major bank to respond to today's RBNZ OCR cut decides not to pass all of it on, despite the RBNZ's guidance to do so
10th Mar 16, 5:31pm
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The first major bank to respond to today's RBNZ OCR cut decides not to pass all of it on, despite the RBNZ's guidance to do so
A review of things you need to know before you go home on Thursday; only one mortgage rate cut, two savings cuts, OCR cut, ANZ bond offers, booming tourism, jump in China's inflation, swap rates dive, NZD lower
10th Mar 16, 4:00pm
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A review of things you need to know before you go home on Thursday; only one mortgage rate cut, two savings cuts, OCR cut, ANZ bond offers, booming tourism, jump in China's inflation, swap rates dive, NZD lower
Swap rates follow the OCR to record lows. 1 yr down -33 bps since January, 5 yr down -43 bps over same period
10th Mar 16, 12:25pm
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Swap rates follow the OCR to record lows. 1 yr down -33 bps since January, 5 yr down -43 bps over same period
Live-streamed video from the March 2016 RBNZ press conference with Governor Graeme Wheeler
10th Mar 16, 8:31am
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Live-streamed video from the March 2016 RBNZ press conference with Governor Graeme Wheeler
US inventories rise; Aussie home lending falls; China tightens currency trading; UST 10yr yield 1.87%; oil up, Saudis to borrow; gold down; NZ$1 = 68 US¢, TWI-5 = 72.1
10th Mar 16, 7:09am
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US inventories rise; Aussie home lending falls; China tightens currency trading; UST 10yr yield 1.87%; oil up, Saudis to borrow; gold down; NZ$1 = 68 US¢, TWI-5 = 72.1
A review of things you need to know before you go home on Wednesday; Obama to visit NZ, consumer spending strong, mortgage approvals strong, flatter swap rates, lower NZD
9th Mar 16, 4:00pm
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A review of things you need to know before you go home on Wednesday; Obama to visit NZ, consumer spending strong, mortgage approvals strong, flatter swap rates, lower NZD
China exports fall sharply, trade surplus drops; Japan's economy shrinks; policy makers alarmed; air traffic up strongly; UST 10yr yield 1.81%; oil down, gold up; NZ$1 = 67.7 US¢, TWI-5 = 71.9
9th Mar 16, 7:30am
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China exports fall sharply, trade surplus drops; Japan's economy shrinks; policy makers alarmed; air traffic up strongly; UST 10yr yield 1.81%; oil down, gold up; NZ$1 = 67.7 US¢, TWI-5 = 71.9
A review of things you need to know before you go home on Tuesday; payout sinks again, factories busier, Truckometer signals growth, P2P fees in spotlight, swaps and NZD unchanged
8th Mar 16, 4:00pm
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A review of things you need to know before you go home on Tuesday; payout sinks again, factories busier, Truckometer signals growth, P2P fees in spotlight, swaps and NZD unchanged
We compare term deposit rates here with those in Australia and wonder if the Aussie offers will become NZ's future
8th Mar 16, 3:32pm
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We compare term deposit rates here with those in Australia and wonder if the Aussie offers will become NZ's future
China forex reserves fall slower; China signals stimulus coming; iron ore prices 'go berserk'; Hong Kong housing slumps; airfreight shows good growth; UST 10yr yield 1.91%; oil up, gold down; NZ$1 = 68 US¢, TWI-5 = 72.2
8th Mar 16, 7:34am
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China forex reserves fall slower; China signals stimulus coming; iron ore prices 'go berserk'; Hong Kong housing slumps; airfreight shows good growth; UST 10yr yield 1.91%; oil up, gold down; NZ$1 = 68 US¢, TWI-5 = 72.2
A review of things you need to know before you go home on Monday; TD and savings rate cuts, lower wholesale trade, Landcorp changes tack, earns cheers, swaps and NZD hold
7th Mar 16, 4:01pm
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A review of things you need to know before you go home on Monday; TD and savings rate cuts, lower wholesale trade, Landcorp changes tack, earns cheers, swaps and NZD hold
US jobs jump, boost rate hike prospects; BIS says markets losing faith; China sets growth and restructuring targets; UST 10yr yield 1.88%; oil up, gold down; NZ$1 = 68.2 US¢, TWI-5 = 72.5
7th Mar 16, 7:16am
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US jobs jump, boost rate hike prospects; BIS says markets losing faith; China sets growth and restructuring targets; UST 10yr yield 1.88%; oil up, gold down; NZ$1 = 68.2 US¢, TWI-5 = 72.5