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 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
4
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
8
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
7
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
23
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
9
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
28
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
3
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
22
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
10
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
2
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
9
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
25
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
7
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
6
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
4
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
10
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
7
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
A rebound in US jobs growth cools talk of a US economic slowdown, raises talk of more Fed hikes in 2016. Wage growth slipped however
5th Mar 16, 9:13am
6
A rebound in US jobs growth cools talk of a US economic slowdown, raises talk of more Fed hikes in 2016. Wage growth slipped however
A review of things you need to know before you go home on Friday; bigger Govt. surplus, more imported cars, lower dairy prices, Hart's troubles, swaps unchanged, NZD up
4th Mar 16, 3:59pm
17
A review of things you need to know before you go home on Friday; bigger Govt. surplus, more imported cars, lower dairy prices, Hart's troubles, swaps unchanged, NZD up
US jobless claims fall; US factory orders rise; Brazil on the skids; Macao slumps dramatically; iron ore price rise strongly; UST 10yr yield 1.82%; oil flat, gold rises; NZ$1 = 67.4 US¢, TWI-5 = 72
4th Mar 16, 7:34am
26
US jobless claims fall; US factory orders rise; Brazil on the skids; Macao slumps dramatically; iron ore price rise strongly; UST 10yr yield 1.82%; oil flat, gold rises; NZ$1 = 67.4 US¢, TWI-5 = 72
A review of things you need to know before you go home on Thursday; Gold Band Finance cuts, building activity jumps, commodity prices stop falling, rents jump, swaps rise and steepen
3rd Mar 16, 3:59pm
5
A review of things you need to know before you go home on Thursday; Gold Band Finance cuts, building activity jumps, commodity prices stop falling, rents jump, swaps rise and steepen
A review of things you need to know before you go home on Wednesday; Auckland house prices stutter, confidence up, Aussie GDP jumps, swaps rise and steepen, NZD up
2nd Mar 16, 3:59pm
6
A review of things you need to know before you go home on Wednesday; Auckland house prices stutter, confidence up, Aussie GDP jumps, swaps rise and steepen, NZD up
Dairy prices inch up; US car sales power ahead; Japan paid to borrow; eurozone jobless rate falls; Wall Street rallies; UST 10yr yield 1.75%; oil rises, gold eases; NZ$1 = 66.2 US¢, TWI-5 = 71.4
2nd Mar 16, 7:23am
18
Dairy prices inch up; US car sales power ahead; Japan paid to borrow; eurozone jobless rate falls; Wall Street rallies; UST 10yr yield 1.75%; oil rises, gold eases; NZ$1 = 66.2 US¢, TWI-5 = 71.4
A review of things you need to know before you go home on Tuesday; BNZ raises key mortgage rates, cuts others, many TD cuts, terms of trade fall, bigger AU deficit, China weaker, swaps slip
1st Mar 16, 4:00pm
18
A review of things you need to know before you go home on Tuesday; BNZ raises key mortgage rates, cuts others, many TD cuts, terms of trade fall, bigger AU deficit, China weaker, swaps slip