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
US consumers glummer but still buy cars; Malaysia GDP rise good; China data softens; shipping to get a new twist; Ireland's trade with the US dives; UST 10yr at 4.32%; gold holds and oil dips; NZ$1 = 59.2 USc; TWI-5 = 66.9
16th Aug 25, 8:57am
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US consumers glummer but still buy cars; Malaysia GDP rise good; China data softens; shipping to get a new twist; Ireland's trade with the US dives; UST 10yr at 4.32%; gold holds and oil dips; NZ$1 = 59.2 USc; TWI-5 = 66.9
A review of things you need to know before you sign off on Friday; more home loan rate cuts, inflation still lurking, migration eases, tourism stalls, PMI rises, swaps stable, NZX50 firm, NZD soft, & more
15th Aug 25, 3:58pm
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A review of things you need to know before you sign off on Friday; more home loan rate cuts, inflation still lurking, migration eases, tourism stalls, PMI rises, swaps stable, NZX50 firm, NZD soft, & more
SBS Bank cuts its first home buyer 'Combo' rate to 3.99%, its lowest rate since May 2022
15th Aug 25, 3:00pm
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SBS Bank cuts its first home buyer 'Combo' rate to 3.99%, its lowest rate since May 2022
Term deposit rate offers have been falling as home loan rates are cut. We benchmark how the spread of offers compare for savers, and note the standouts
15th Aug 25, 10:01am
1
Term deposit rate offers have been falling as home loan rates are cut. We benchmark how the spread of offers compare for savers, and note the standouts
ASB follows all its main rivals with matching fixed mortgage rate reductions that leave it with a me-too rate card. It cuts term deposit rates at the same time
15th Aug 25, 8:42am
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ASB follows all its main rivals with matching fixed mortgage rate reductions that leave it with a me-too rate card. It cuts term deposit rates at the same time
US jobless claims stay up; US PPI rises much more than expected; China mulls housing buyout; India credit rating upgraded; Australian employment rises; UST 10yr at 4.29%; gold soft and oil rises; NZ$1 = 59.1 USc; TWI-5 = 66.9
15th Aug 25, 7:19am
14
US jobless claims stay up; US PPI rises much more than expected; China mulls housing buyout; India credit rating upgraded; Australian employment rises; UST 10yr at 4.29%; gold soft and oil rises; NZ$1 = 59.1 USc; TWI-5 = 66.9
A review of things you need to know before you sign off on Thursday; more rate cuts but mostly just matching ANZ, housing market cools with losses rising, big insurance profits, inflation expectations stable, swaps soft, NZD firm, & more
14th Aug 25, 3:59pm
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A review of things you need to know before you sign off on Thursday; more rate cuts but mostly just matching ANZ, housing market cools with losses rising, big insurance profits, inflation expectations stable, swaps soft, NZD firm, & more
Kiwibank the third major to cut mortgage rates this week, but it only matches ANZ and BNZ who went before. However, they also cut term deposit rates at the same time. Ditto Westpac
14th Aug 25, 8:27am
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Kiwibank the third major to cut mortgage rates this week, but it only matches ANZ and BNZ who went before. However, they also cut term deposit rates at the same time. Ditto Westpac
US jittery about economic direction (but not investors); Japan machine tool orders rise; China bank lending retreats; China steel causes angst; UST 10yr at 4.24%; gold stable and oil soft; NZ$1 = 59.7 USc; TWI-5 = 67.3
14th Aug 25, 7:18am
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US jittery about economic direction (but not investors); Japan machine tool orders rise; China bank lending retreats; China steel causes angst; UST 10yr at 4.24%; gold stable and oil soft; NZ$1 = 59.7 USc; TWI-5 = 67.3
A review of things you need to know before you sign off on Wednesday; BNZ responds to ANZ's mortgage rate cut, QV sees house values falling, retail gets a minor lift, ASB hikes dividend sharply, exporters happy, swaps & NZD little-changed, & more
13th Aug 25, 3:59pm
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A review of things you need to know before you sign off on Wednesday; BNZ responds to ANZ's mortgage rate cut, QV sees house values falling, retail gets a minor lift, ASB hikes dividend sharply, exporters happy, swaps & NZD little-changed, & more
BNZ matches ANZ's fixed mortgage rate cuts, and goes lower on two additional terms
13th Aug 25, 8:40am
BNZ matches ANZ's fixed mortgage rate cuts, and goes lower on two additional terms
US July CPI result stays high but equity markets bet it will allow a Fed rate cut; US Federal deficit swells; India inflation falls; RBA cuts; UST 10yr at 4.29%; gold and oil soft; NZ$1 = 59.6 USc; TWI-5 = 67.2
13th Aug 25, 7:30am
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US July CPI result stays high but equity markets bet it will allow a Fed rate cut; US Federal deficit swells; India inflation falls; RBA cuts; UST 10yr at 4.29%; gold and oil soft; NZ$1 = 59.6 USc; TWI-5 = 67.2
A review of things you need to know before you sign off on Tuesday; markets absorb ANZ rate cuts, truckometer reveals weakish demand, much less concrete poured, Alliance now has a plan, swaps stable, NZD softish, & more
12th Aug 25, 3:59pm
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A review of things you need to know before you sign off on Tuesday; markets absorb ANZ rate cuts, truckometer reveals weakish demand, much less concrete poured, Alliance now has a plan, swaps stable, NZD softish, & more
China car sales jump, especially NEVs; another China property developer liquidates; India struggles to defend rupee; US governance standards collapse; UST 10yr at 4.27%; gold soft but oil firms; NZ$1 = 59.3 USc; TWI-5 = 67.2
12th Aug 25, 7:20am
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China car sales jump, especially NEVs; another China property developer liquidates; India struggles to defend rupee; US governance standards collapse; UST 10yr at 4.27%; gold soft but oil firms; NZ$1 = 59.3 USc; TWI-5 = 67.2
The fall in term deposit rates has probably picked up steam after ANZ's -15 bps cuts. But at least Kiwibank now offers an above 4% rate. How long will that last?
11th Aug 25, 7:28pm
The fall in term deposit rates has probably picked up steam after ANZ's -15 bps cuts. But at least Kiwibank now offers an above 4% rate. How long will that last?
ANZ shakes up the winter home loan market with new lower fixed rates. But these cuts are being 'paid for' by matching or larger cuts in term deposit rates
11th Aug 25, 5:53pm
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ANZ shakes up the winter home loan market with new lower fixed rates. But these cuts are being 'paid for' by matching or larger cuts in term deposit rates
[updated]
A review of things you need to know before you sign off on Monday; ANZ cuts mortgage rates, Kiwibank raises a key TD rate, grocery prices rise slightly faster, new temporary workforce visas, swaps on hold, NZD stable, NZX50 rises, & more
11th Aug 25, 4:00pm
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A review of things you need to know before you sign off on Monday; ANZ cuts mortgage rates, Kiwibank raises a key TD rate, grocery prices rise slightly faster, new temporary workforce visas, swaps on hold, NZD stable, NZX50 rises, & more
Eyes on the RBA; no China inflation; world food prices inch higher; Japan gets US 'mistake' corrected; Taiwan shines again; Lactalis in box seat; UST 10yr at 4.28%; gold rises but oil soft; NZ$1 = 59.5 USc; TWI-5 = 67.3
11th Aug 25, 7:19am
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Eyes on the RBA; no China inflation; world food prices inch higher; Japan gets US 'mistake' corrected; Taiwan shines again; Lactalis in box seat; UST 10yr at 4.28%; gold rises but oil soft; NZ$1 = 59.5 USc; TWI-5 = 67.3
Meat & dairy prices rise; Canadian jobs ease; Japan households edgy; US fixed mess on Japanese tariffs; Taiwan exports shine; UST 10yr at 4.29%; gold holds awaiting clarification but oil soft; NZ$1 = 59.6 USc; TWI-5 = 67.3
9th Aug 25, 8:03am
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Meat & dairy prices rise; Canadian jobs ease; Japan households edgy; US fixed mess on Japanese tariffs; Taiwan exports shine; UST 10yr at 4.29%; gold holds awaiting clarification but oil soft; NZ$1 = 59.6 USc; TWI-5 = 67.3
[updated]
A review of things you need to know before you sign off on Friday; retail card activity moribund, FMA warns about scams featuring politicians, beef prices skyrocket, carbon price dormant, swaps stable, NZD holds, & more
8th Aug 25, 3:59pm
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A review of things you need to know before you sign off on Friday; retail card activity moribund, FMA warns about scams featuring politicians, beef prices skyrocket, carbon price dormant, swaps stable, NZD holds, & more
US jobless claims stay high, inflation expectations do too; US farm trade turns negative; the BofE cuts its policy rate; China subsidises personal loans; UST 10yr at 4.25%; gold rises but oil soft; NZ$1 = 59.5 USc; TWI-5 = 67.3
8th Aug 25, 7:26am
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US jobless claims stay high, inflation expectations do too; US farm trade turns negative; the BofE cuts its policy rate; China subsidises personal loans; UST 10yr at 4.25%; gold rises but oil soft; NZ$1 = 59.5 USc; TWI-5 = 67.3
A review of things you need to know before you sign off on Thursday; inflation easing; landlording tough, asking prices fall, dairy outlook strong, sheep meat problematic, finance people on the move; swaps stable, NZD stable, & more
7th Aug 25, 3:59pm
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A review of things you need to know before you sign off on Thursday; inflation easing; landlording tough, asking prices fall, dairy outlook strong, sheep meat problematic, finance people on the move; swaps stable, NZD stable, & more
US data mixed; Canadian house prices fall as volumes rise; India holds; China announces new subsidy; Aussie living cost pressure eases; Cook Islands a hub for deepsea mining; UST 10yr at 4.22%; gold and oil soft; NZ$1 = 59.4 USc; TWI-5 = 67.1
7th Aug 25, 7:21am
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US data mixed; Canadian house prices fall as volumes rise; India holds; China announces new subsidy; Aussie living cost pressure eases; Cook Islands a hub for deepsea mining; UST 10yr at 4.22%; gold and oil soft; NZ$1 = 59.4 USc; TWI-5 = 67.1
A review of things you need to know before you sign off on Wednesday; Cotality sees a buyers market, jobless rate rises, dairy prices hold, universal RUCs coming, Kiwibank shamed, swaps soft, NZX50 firmish, NZD firm, & more
6th Aug 25, 4:00pm
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A review of things you need to know before you sign off on Wednesday; Cotality sees a buyers market, jobless rate rises, dairy prices hold, universal RUCs coming, Kiwibank shamed, swaps soft, NZX50 firmish, NZD firm, & more
US ISM services PMI in stagflationary phase; US household debt rises, student loan arrears swell; India services PMI booms; China services PMI improves; UST 10yr at 4.20%; gold firms and oil falls; NZ$1 = 59 USc; TWI-5 = 66.9
6th Aug 25, 7:18am
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US ISM services PMI in stagflationary phase; US household debt rises, student loan arrears swell; India services PMI booms; China services PMI improves; UST 10yr at 4.20%; gold firms and oil falls; NZ$1 = 59 USc; TWI-5 = 66.9