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 jobs and wages grow; IMF tackles Germany over Greece; China facing floods; NZ outed as a tax haven, ANZ as a facilitator; UST 10yr yield 1.77%; oil and oil lower; NZ$1 = 69 US¢, TWI-5 = 72
4th Apr 16, 7:09am
11
US jobs and wages grow; IMF tackles Germany over Greece; China facing floods; NZ outed as a tax haven, ANZ as a facilitator; UST 10yr yield 1.77%; oil and oil lower; NZ$1 = 69 US¢, TWI-5 = 72
HSBC likely to end its 3.95% Premier special mortgage rate 'soon,' just as falling wholesale rates opens up the possibility of others going sub-4% too
3rd Apr 16, 8:34am
1
HSBC likely to end its 3.95% Premier special mortgage rate 'soon,' just as falling wholesale rates opens up the possibility of others going sub-4% too
A challenger bank takes a knife to their one year rate to claim a market-leading position at 4.10%, going lower than ASB's offer for that term
1st Apr 16, 5:25pm
6
A challenger bank takes a knife to their one year rate to claim a market-leading position at 4.10%, going lower than ASB's offer for that term
A review of things you need to know before you go home on Friday; more bonus saver cuts, big new cable to the US, China improves, more Canterbury irrigation, swaps rise, NZD holds
1st Apr 16, 4:02pm
5
A review of things you need to know before you go home on Friday; more bonus saver cuts, big new cable to the US, China improves, more Canterbury irrigation, swaps rise, NZD holds
US layoffs drop, factories stirring; Korea rebounds; iron ore jumps +25%; downgrades for Singapore banks, China, Hong Kong; UST 10yr yield 1.81%; oil stable, gold up; NZ$1 = 69.1 US¢, TWI-5 = 72.2
1st Apr 16, 7:29am
10
US layoffs drop, factories stirring; Korea rebounds; iron ore jumps +25%; downgrades for Singapore banks, China, Hong Kong; UST 10yr yield 1.81%; oil stable, gold up; NZ$1 = 69.1 US¢, TWI-5 = 72.2
A review of things you need to know before you go home on Thursday; businesses confident, tourism humming, housing debt rises fast, bank accounts full, tax & benefit changes, swap rates at record lows, NZD holds high
31st Mar 16, 4:00pm
5
A review of things you need to know before you go home on Thursday; businesses confident, tourism humming, housing debt rises fast, bank accounts full, tax & benefit changes, swap rates at record lows, NZD holds high
A review of things you need to know before you go home on Wednesday; BNZ cuts rates, building consents surge (but only for dwellings), China confidence jumps, swaps fall and flatten, NZD pushes higher
30th Mar 16, 3:59pm
5
A review of things you need to know before you go home on Wednesday; BNZ cuts rates, building consents surge (but only for dwellings), China confidence jumps, swaps fall and flatten, NZD pushes higher
Building consent levels are up, but that points to a new tough reality; it is the 'top end' of the supply-constrained housing market that is getting all this activity
30th Mar 16, 1:24pm
7
Building consent levels are up, but that points to a new tough reality; it is the 'top end' of the supply-constrained housing market that is getting all this activity
Banks continue to reduce fixed mortgage rates and the 1-5 rate difference is its flattest since 2009. But no other bank has followed HSBC below 4%
30th Mar 16, 10:31am
10
Banks continue to reduce fixed mortgage rates and the 1-5 rate difference is its flattest since 2009. But no other bank has followed HSBC below 4%
Yellen cautious; US confidence jumps; BofE raises bank capital buffer; 'alarm' over Australian deficits; Melbourne and Miami apartment prices slump; UST 10yr yield 1.86%; oil and gold lower; NZ$1 = 68.5 US¢, TWI-5 = 71.9
30th Mar 16, 7:30am
17
Yellen cautious; US confidence jumps; BofE raises bank capital buffer; 'alarm' over Australian deficits; Melbourne and Miami apartment prices slump; UST 10yr yield 1.86%; oil and gold lower; NZ$1 = 68.5 US¢, TWI-5 = 71.9
A review of things you need to know before you go home on Tuesday; NZ Home Loans cuts too, milk flow rises, where the jobs will be, director pay trends, Aussies retiring later, swaps and NZD up modestly
29th Mar 16, 4:02pm
7
A review of things you need to know before you go home on Tuesday; NZ Home Loans cuts too, milk flow rises, where the jobs will be, director pay trends, Aussies retiring later, swaps and NZD up modestly
US housing up; US Q4-15 GDP revised higher on income gains; China profits jump; China retail still growing strongly; UST 10yr yield 1.88%; oil and gold lower; NZ$1 = 67.2 US¢, TWI-5 = 70.9
29th Mar 16, 7:26am
4
US housing up; US Q4-15 GDP revised higher on income gains; China profits jump; China retail still growing strongly; UST 10yr yield 1.88%; oil and gold lower; NZ$1 = 67.2 US¢, TWI-5 = 70.9
A review of things you need to know before you go home on Friday; rush of savings & TD cuts, Ruataniwha decision appealed, job ads inch higher, confidence at regular levels, swaps stable, NZD higher again
18th Mar 16, 4:00pm
9
A review of things you need to know before you go home on Friday; rush of savings & TD cuts, Ruataniwha decision appealed, job ads inch higher, confidence at regular levels, swaps stable, NZD higher again
US C/A deficit falls; jobless claims fall; Hong Kong in sharp downturn; EM leverage keeps rising; AU banks world's top return; UST 10yr yield 1.90%; oil up, gold surges; NZ$1 = 68.5 US¢, TWI-5 = 71.6
18th Mar 16, 7:35am
5
US C/A deficit falls; jobless claims fall; Hong Kong in sharp downturn; EM leverage keeps rising; AU banks world's top return; UST 10yr yield 1.90%; oil up, gold surges; NZ$1 = 68.5 US¢, TWI-5 = 71.6
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
6
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
3
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
1
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
16
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
14
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
8
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
22
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
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