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 Friday; BNZ cuts saver rates, commodity prices hold, Crown accounts in surplus, real estate listings tight, building surge, swaps flatter, NZD holds
3rd Jun 16, 4:00pm
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A review of things you need to know before you go home on Friday; BNZ cuts saver rates, commodity prices hold, Crown accounts in surplus, real estate listings tight, building surge, swaps flatter, NZD holds
The rush to satisfy the long-term pent-up demand for housing is seeing construction costs blow out for all new builds, accentuated by a natural focus on top-end, high-spec opportunities
3rd Jun 16, 1:31pm
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The rush to satisfy the long-term pent-up demand for housing is seeing construction costs blow out for all new builds, accentuated by a natural focus on top-end, high-spec opportunities
US labour markets firm; ECB sees growth, inflation; NZ vehicle sales strong; Hart company in bankruptcy; UST 10yr yield 1.81%; oil and gold unchanged; NZ$1 = 68.1 US¢, TWI-5 = 72.2
3rd Jun 16, 7:34am
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US labour markets firm; ECB sees growth, inflation; NZ vehicle sales strong; Hart company in bankruptcy; UST 10yr yield 1.81%; oil and gold unchanged; NZ$1 = 68.1 US¢, TWI-5 = 72.2
A review of things you need to know before you go home on Thursday; Kiwibank moves TD 'special', small rise in dairy prices, no credit stress evident, money remittance industry battered, swaps flatten, NZD holds gains
2nd Jun 16, 4:00pm
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A review of things you need to know before you go home on Thursday; Kiwibank moves TD 'special', small rise in dairy prices, no credit stress evident, money remittance industry battered, swaps flatten, NZD holds gains
Dairy prices rise again; Fed Beige Book reports higher wages; China factories struggle; China plans $1 tln stimulus; Brazil recession drags on; UST 10yr yield 1.84%; oil up and gold down; NZ$1 = 68.1 US¢, TWI-5 = 72.2
2nd Jun 16, 7:35am
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Dairy prices rise again; Fed Beige Book reports higher wages; China factories struggle; China plans $1 tln stimulus; Brazil recession drags on; UST 10yr yield 1.84%; oil up and gold down; NZ$1 = 68.1 US¢, TWI-5 = 72.2
A review of things you need to know before you go home on Wednesday; improved terms of trade, house prices rise faster, mortgage market avoids winter, nervous ahead of dairy action, 90 day bill rate rises, NZD rises
1st Jun 16, 4:00pm
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A review of things you need to know before you go home on Wednesday; improved terms of trade, house prices rise faster, mortgage market avoids winter, nervous ahead of dairy action, 90 day bill rate rises, NZD rises
David Chaston looks at investment grade term deposit offers over the past year to find which institutions have the superior rate offer track record
1st Jun 16, 11:27am
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David Chaston looks at investment grade term deposit offers over the past year to find which institutions have the superior rate offer track record
US consumer spending rises fastest in 6 years; India growth impresses; air traffic grows globally; 'temporary tax' may go permanent in Australia; UST 10yr yield 1.84%; oil and gold unchanged; NZ$1 = 67.6 US¢, TWI-5 = 71.8
1st Jun 16, 7:34am
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US consumer spending rises fastest in 6 years; India growth impresses; air traffic grows globally; 'temporary tax' may go permanent in Australia; UST 10yr yield 1.84%; oil and gold unchanged; NZ$1 = 67.6 US¢, TWI-5 = 71.8
A review of things you need to know before you go home on Tuesday; SBS trims TD rates, mortgage debt growth raises red flag, dwelling consents slow in Auckland, online shopping booms, swaps and NZD in light trade
31st May 16, 4:00pm
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A review of things you need to know before you go home on Tuesday; SBS trims TD rates, mortgage debt growth raises red flag, dwelling consents slow in Auckland, online shopping booms, swaps and NZD in light trade
US new home sale surge; equities shine; IMF warns on China debt; Aussies give supermarkets the finger; foreigner restrictions could backfire; UST 10yr yield 1.88%; oil up, gold lower; NZ$1 = 67.3 US¢, TWI-5 = 71.3
25th May 16, 7:24am
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US new home sale surge; equities shine; IMF warns on China debt; Aussies give supermarkets the finger; foreigner restrictions could backfire; UST 10yr yield 1.88%; oil up, gold lower; NZ$1 = 67.3 US¢, TWI-5 = 71.3
A review of things you need to know before you go home on Tuesday; Liberty cuts rates, Quin joins Westpac's board, more housing required, more hotels required, swap rates slip, NZD slips too
24th May 16, 3:59pm
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A review of things you need to know before you go home on Tuesday; Liberty cuts rates, Quin joins Westpac's board, more housing required, more hotels required, swap rates slip, NZD slips too
US PMI weak; EU PMI expanding; Greeks ok austerity; China can't stomach reform; office construction binge; UST 10yr yield 1.85%; oil and gold lower; NZ$1 = 67.7 US¢, TWI-5 = 71.6
24th May 16, 7:21am
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US PMI weak; EU PMI expanding; Greeks ok austerity; China can't stomach reform; office construction binge; UST 10yr yield 1.85%; oil and gold lower; NZ$1 = 67.7 US¢, TWI-5 = 71.6
A review of things you need to know before you go home on Monday; ASB cuts TD rates, BNZ grows mortgage book, livestock tax values change, hedge funds short Aussie banks, swaps flatten, NZD rises
23rd May 16, 4:00pm
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A review of things you need to know before you go home on Monday; ASB cuts TD rates, BNZ grows mortgage book, livestock tax values change, hedge funds short Aussie banks, swaps flatten, NZD rises
US home sales up, credit card debt up; China banks, corporates under pressure; another Greek bailout vote; UST 10yr yield 1.84%; oil and gold unchanged; NZ$1 = 67.7 US¢, TWI-5 = 71.7
23rd May 16, 7:06am
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US home sales up, credit card debt up; China banks, corporates under pressure; another Greek bailout vote; UST 10yr yield 1.84%; oil and gold unchanged; NZ$1 = 67.7 US¢, TWI-5 = 71.7
The difference between the lowest and highest mortgage rates are now at their widest of the year. The pressure builds on banks who haven't responded
22nd May 16, 9:05am
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The difference between the lowest and highest mortgage rates are now at their widest of the year. The pressure builds on banks who haven't responded
A review of things you need to know before you go home on Friday; ASB cuts hard, tourists spend $10 bln, longer lives, R/E agent fined $1.2 mln, Aussie bankers nervous, swaps flatten, NZD rises
20th May 16, 4:02pm
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A review of things you need to know before you go home on Friday; ASB cuts hard, tourists spend $10 bln, longer lives, R/E agent fined $1.2 mln, Aussie bankers nervous, swaps flatten, NZD rises
ASB takes a knife to all mortgage rates from 3 to 5 years with reductions that allow it to grab a market-leading position and open a bigger advantage over ANZ
20th May 16, 11:11am
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ASB takes a knife to all mortgage rates from 3 to 5 years with reductions that allow it to grab a market-leading position and open a bigger advantage over ANZ
US jobless claims fall; Europe back in deflation; Mexico to raise rates again; eyes on local migration data; UST 10yr yield 1.85%; oil unchanged, gold lower; NZ$1 = 67.5 US¢, TWI-5 = 71.5
20th May 16, 7:23am
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US jobless claims fall; Europe back in deflation; Mexico to raise rates again; eyes on local migration data; UST 10yr yield 1.85%; oil unchanged, gold lower; NZ$1 = 67.5 US¢, TWI-5 = 71.5
A review of things you need to know before you go home on Thursday; ANZ does a good thing, NZGBs in high demand, huge commissions, job ads up, sentiment eased, swap rates jump, NZD holds
19th May 16, 4:02pm
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A review of things you need to know before you go home on Thursday; ANZ does a good thing, NZGBs in high demand, huge commissions, job ads up, sentiment eased, swap rates jump, NZD holds
David Chaston points out that your mortgage repayment plans should focus on more than just getting the best interest rate. There are other more powerful options
19th May 16, 3:52pm
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David Chaston points out that your mortgage repayment plans should focus on more than just getting the best interest rate. There are other more powerful options
US Fed signals June rate hike; traders don't like it; Japan Q1-16 GDP rises unexpectedly; Aussie wage growth slows; UST 10yr yield 1.82%; oil unchanged, gold lower; NZ$1 = 68 US¢, TWI-5 = 71.6
19th May 16, 7:17am
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US Fed signals June rate hike; traders don't like it; Japan Q1-16 GDP rises unexpectedly; Aussie wage growth slows; UST 10yr yield 1.82%; oil unchanged, gold lower; NZ$1 = 68 US¢, TWI-5 = 71.6
A review of things you need to know before you go home on Wednesday; mortgage and TD rate cuts, confidence dented, more irrigation funds, big resource consent fine, swaps inch up, NZD unchanged
18th May 16, 4:00pm
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A review of things you need to know before you go home on Wednesday; mortgage and TD rate cuts, confidence dented, more irrigation funds, big resource consent fine, swaps inch up, NZD unchanged
Dairy prices up +2.6%; US CPI up +2.1%; Fed officials say markets underestimate rate hike; stocks fall; HSBC censured on bad advice; UST 10yr yield 1.74%; oil and gold higher; NZ$1 = 68.1 US¢, TWI-5 = 71.7
18th May 16, 7:22am
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Dairy prices up +2.6%; US CPI up +2.1%; Fed officials say markets underestimate rate hike; stocks fall; HSBC censured on bad advice; UST 10yr yield 1.74%; oil and gold higher; NZ$1 = 68.1 US¢, TWI-5 = 71.7
A review of things you need to know before you go home on Tuesday; BNZ & TSB cut td/savings accounts, inflation expectations stable, IRD ready for online GST, swap rates rise, NZD rises
17th May 16, 4:00pm
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A review of things you need to know before you go home on Tuesday; BNZ & TSB cut td/savings accounts, inflation expectations stable, IRD ready for online GST, swap rates rise, NZD rises
Chinese leadership frustrated by lack of reform progress; India expecting 8% growth; banks decline to lend on apartments; UST 10yr yield 1.74%; oil higher, gold unchanged; NZ$1 = 67.9 US¢, TWI-5 = 71.6
17th May 16, 7:26am
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Chinese leadership frustrated by lack of reform progress; India expecting 8% growth; banks decline to lend on apartments; UST 10yr yield 1.74%; oil higher, gold unchanged; NZ$1 = 67.9 US¢, TWI-5 = 71.6