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; mortgage rates tweaked, under 1yr TD rates very competitive, more tourists coming, Dunedin FHB favourite, swaps up, NZD sideways
2
A review of things you need to know before you go home on Monday; mortgage rates tweaked, under 1yr TD rates very competitive, more tourists coming, Dunedin FHB favourite, swaps up, NZD sideways
New Zealand's largest bank sets the standard for low savings account interest rates with reductions to a broad range of accounts
New Zealand's largest bank sets the standard for low savings account interest rates with reductions to a broad range of accounts
Some green shoots of competition start to show in short term deposit rates, with one 9 month rate as high as others offer for five years
Some green shoots of competition start to show in short term deposit rates, with one 9 month rate as high as others offer for five years
US consumer sentiment improves, China services sector improves; China corporates deadbeat payers; Beijing ups FHB deposits; Deutsche Bank angst overdone?; UST 10yr yield at 1.60%; oil up, gold down; NZ$1 = 72.9 US¢, TWI-5 = 75.9
5
US consumer sentiment improves, China services sector improves; China corporates deadbeat payers; Beijing ups FHB deposits; Deutsche Bank angst overdone?; UST 10yr yield at 1.60%; oil up, gold down; NZ$1 = 72.9 US¢, TWI-5 = 75.9
David Chaston reviews the actual pay experience of an employee on a median income, tracking the cycles of change as they age through their key income-earning years
23
David Chaston reviews the actual pay experience of an employee on a median income, tracking the cycles of change as they age through their key income-earning years
A review of things you need to know before you go home on Friday; mortgage rates flatten, ASB ends td special offer, flat resident consent levels, strong non-res levels, more fraud, slower bank account growth, swaps fall
2
A review of things you need to know before you go home on Friday; mortgage rates flatten, ASB ends td special offer, flat resident consent levels, strong non-res levels, more fraud, slower bank account growth, swaps fall
OPEC claims output cut agreement; big German bank to cut jobs and dividends; China money costs rise; US home sales fall; Aussie job market improves; UST 10yr yield at 1.56%; oil up, gold down; NZ$1 = 72.7 US¢, TWI-5 = 75.8
30
OPEC claims output cut agreement; big German bank to cut jobs and dividends; China money costs rise; US home sales fall; Aussie job market improves; UST 10yr yield at 1.56%; oil up, gold down; NZ$1 = 72.7 US¢, TWI-5 = 75.8
A review of things you need to know before you go home on Thursday; Heartland trims a rate, Tatua top dog again, record energy renewables, Tower admits big mistake, swaps and NZD unchanged
7
A review of things you need to know before you go home on Thursday; Heartland trims a rate, Tatua top dog again, record energy renewables, Tower admits big mistake, swaps and NZD unchanged
How banks take advantage of 'deluded optimists', keep credit card rates high, set honey traps, and confound regulators
33
How banks take advantage of 'deluded optimists', keep credit card rates high, set honey traps, and confound regulators
Wells Fargo Bank hits CEO in pocket; US asks banks to be careful over AML cut-offs; Deutsche Bank on it knees; China's massive migration; SA's blackout; UST 10yr yield at 1.55%; oil up, gold down; NZ$1 = 72.5 US¢, TWI-5 = 75.5
29
Wells Fargo Bank hits CEO in pocket; US asks banks to be careful over AML cut-offs; Deutsche Bank on it knees; China's massive migration; SA's blackout; UST 10yr yield at 1.55%; oil up, gold down; NZ$1 = 72.5 US¢, TWI-5 = 75.5
A review of things you need to know before you go home on Wednesday; no rate changes, housing loan approvals slip, confidence up, the Auckland squeeze, China a tiny investor here, swap rates dip, NZD stable
8
A review of things you need to know before you go home on Wednesday; no rate changes, housing loan approvals slip, confidence up, the Auckland squeeze, China a tiny investor here, swap rates dip, NZD stable
WTO & IMF warn on world trade pullbacks; China's economy may have turned a corner; China profits up, foreign debt up, tourism spurts; UST 10yr yield at 1.56%; oil and gold drop; NZ$1 = 73 US¢, TWI-5 = 76
9
WTO & IMF warn on world trade pullbacks; China's economy may have turned a corner; China profits up, foreign debt up, tourism spurts; UST 10yr yield at 1.56%; oil and gold drop; NZ$1 = 73 US¢, TWI-5 = 76
A review of things you need to know before you go home on Tuesday; silent slippage, a $30 bln tide, a new RBNZ chairman, NZX Futures backtracks, Chinese frenzy, swaps unchanged, NZD stable
10
A review of things you need to know before you go home on Tuesday; silent slippage, a $30 bln tide, a new RBNZ chairman, NZX Futures backtracks, Chinese frenzy, swaps unchanged, NZD stable
Banks pull back their headline term deposit offers to shorter terms. Savers scramble over minor differences. Some PIE funds give a little bit extra
2
Banks pull back their headline term deposit offers to shorter terms. Savers scramble over minor differences. Some PIE funds give a little bit extra
US new home sales falter; Wall Street dips before debate; China regulator warns banks, raises o/n Shibor; Australia housing market cools; UST 10yr yield at 1.58%; oil up and gold unchanged; NZ$1 = 72.8 US¢, TWI-5 = 75.8
24
US new home sales falter; Wall Street dips before debate; China regulator warns banks, raises o/n Shibor; Australia housing market cools; UST 10yr yield at 1.58%; oil up and gold unchanged; NZ$1 = 72.8 US¢, TWI-5 = 75.8
GDT auction disappoints; US housing starts fall; eyes on Fed and BofJ; Aussie housing values hit AU$6 tln; UST 10yr yield at 1.69%; oil and gold unchanged; NZ$1 = 73.1 US¢, TWI-5 = 76.6
50
GDT auction disappoints; US housing starts fall; eyes on Fed and BofJ; Aussie housing values hit AU$6 tln; UST 10yr yield at 1.69%; oil and gold unchanged; NZ$1 = 73.1 US¢, TWI-5 = 76.6
A review of things you need to know before you go home on Tuesday; optimism on dairy prices, volatile farm prices, some lifestyle property sales sag, OIO approves SFF partnership, farmer confidence surges, swaps and NZD steady
7
A review of things you need to know before you go home on Tuesday; optimism on dairy prices, volatile farm prices, some lifestyle property sales sag, OIO approves SFF partnership, farmer confidence surges, swaps and NZD steady
US home builders confident; US growth expected to top 3%; China electricity use up; China house prices rise again; London's status threatened; UST 10yr yield at 1.69%; oil and gold unchanged; NZ$1 = 73 US¢, TWI-5 = 76.5
20
US home builders confident; US growth expected to top 3%; China electricity use up; China house prices rise again; London's status threatened; UST 10yr yield at 1.69%; oil and gold unchanged; NZ$1 = 73 US¢, TWI-5 = 76.5
A review of things you need to know before you go home on Monday; Kiwibank hikes TD rate, confidence rises, Synlait finally makes a decent profit, services expanding, swaps and NZD steady
4
A review of things you need to know before you go home on Monday; Kiwibank hikes TD rate, confidence rises, Synlait finally makes a decent profit, services expanding, swaps and NZD steady
US CPI stirs; China quits for UST to support yuan outflows; China confidence up with more loans; BofJ to reassess; 3hr grilling for AU bank CEOs; UST 10yr yield at 1.70%; oil and gold down; NZ$1 = 72.7 US¢, TWI-5 = 76.3
22
US CPI stirs; China quits for UST to support yuan outflows; China confidence up with more loans; BofJ to reassess; 3hr grilling for AU bank CEOs; UST 10yr yield at 1.70%; oil and gold down; NZ$1 = 72.7 US¢, TWI-5 = 76.3
A review of things you need to know before you go home on Friday; TD rates up, consumer confidence up, job ads up, tall men earn more, another huge Auckland project, swap rates up, NZD up
39
A review of things you need to know before you go home on Friday; TD rates up, consumer confidence up, job ads up, tall men earn more, another huge Auckland project, swap rates up, NZD up
US retail and factory data disappoints; markets eye December Fed hike; Vancouver tax rakes in heaps; ANZ caught in water riots; UST 10yr yield at 1.70%; oil unchanged, gold down; NZ$1 = 73.1 US¢, TWI-5 = 76.4
42
US retail and factory data disappoints; markets eye December Fed hike; Vancouver tax rakes in heaps; ANZ caught in water riots; UST 10yr yield at 1.70%; oil unchanged, gold down; NZ$1 = 73.1 US¢, TWI-5 = 76.4
A review of things you need to know before you go home on Thursday; ANZ cuts mortgage and TD rates, GDP growth shines, factories still expanding, AAA used car debt, swap rates fall, NZD holds
9
A review of things you need to know before you go home on Thursday; ANZ cuts mortgage and TD rates, GDP growth shines, factories still expanding, AAA used car debt, swap rates fall, NZD holds
ANZ removes the term deposit premium it used to justify passing on only 5 basis points to floating rate borrowers. But it retains all the margin grab on the mortgage side
9
ANZ removes the term deposit premium it used to justify passing on only 5 basis points to floating rate borrowers. But it retains all the margin grab on the mortgage side
Good economic data drives the NZD higher and we now find ourselves level-pegging with our Aussie cousins in some currency rates
Good economic data drives the NZD higher and we now find ourselves level-pegging with our Aussie cousins in some currency rates