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; no rate changes today; more business, more staff; Youi expects small fine, losing money; swaps rise & steepen; NZD unmoved
A review of things you need to know before you go home on Friday; no rate changes today; more business, more staff; Youi expects small fine, losing money; swaps rise & steepen; NZD unmoved
Bonds dive as yields rise; eyes on US Q3 GDP; Canada-EU trade deal back on; Sweden still with negative rates, but high asset prices; UST 10yr yield at 1.85%; oil up, gold down; NZ$1 = 71.1 US¢, TWI-5 = 75.5
6
Bonds dive as yields rise; eyes on US Q3 GDP; Canada-EU trade deal back on; Sweden still with negative rates, but high asset prices; UST 10yr yield at 1.85%; oil up, gold down; NZ$1 = 71.1 US¢, TWI-5 = 75.5
A review of things you need to know before you go home on Thursday; HSBC ends low rate offer, record trade deficit, milk price changes, interest-only sticky, swaps rise & steepen, NZD unchanged
A review of things you need to know before you go home on Thursday; HSBC ends low rate offer, record trade deficit, milk price changes, interest-only sticky, swaps rise & steepen, NZD unchanged
The withdrawal of the 3.79% two year mortgage 'special' reflects rising pressure on banks wholesale and retail funding sources as money costs turn up from their historic low levels
The withdrawal of the 3.79% two year mortgage 'special' reflects rising pressure on banks wholesale and retail funding sources as money costs turn up from their historic low levels
US house sales up, service sector grows faster; Canada housing stumbles; air cargo growth slows; BofE worried about EU banking sector; UST 10yr yield at 1.79%; oil lower, gold unchanged; NZ$1 = 71.5 US¢, TWI-5 = 75.7
17
US house sales up, service sector grows faster; Canada housing stumbles; air cargo growth slows; BofE worried about EU banking sector; UST 10yr yield at 1.79%; oil lower, gold unchanged; NZ$1 = 71.5 US¢, TWI-5 = 75.7
NZ's largest bank drops its 3.60% eight month term deposit offer, replacing it with two slightly lower rates for terms either side
1
NZ's largest bank drops its 3.60% eight month term deposit offer, replacing it with two slightly lower rates for terms either side
A review of things you need to know before you go home on Wednesday; ANZ shifts TD focus, Pumpkin Patch rotten, ASB issues 5% hybrid, AU CPI surprises, swaps up, NZD unchanged
7
A review of things you need to know before you go home on Wednesday; ANZ shifts TD focus, Pumpkin Patch rotten, ASB issues 5% hybrid, AU CPI surprises, swaps up, NZD unchanged
American confidence slips, house prices up; NZ ranked high for 'doing business'; China desalinates seawater; money flows out of China faster; UST 10yr yield at 1.76%; oil stable, gold up; NZ$1 = 71.6 US¢, TWI-5 = 75.9
20
American confidence slips, house prices up; NZ ranked high for 'doing business'; China desalinates seawater; money flows out of China faster; UST 10yr yield at 1.76%; oil stable, gold up; NZ$1 = 71.6 US¢, TWI-5 = 75.9
A review of things you need to know before you go home on Tuesday; Kiwibank shifts attack point, UDC gets credit downgrade, WMP prices improve, Fonterra reputation again in China spotlight, swaps stable, NZD holds
8
A review of things you need to know before you go home on Tuesday; Kiwibank shifts attack point, UDC gets credit downgrade, WMP prices improve, Fonterra reputation again in China spotlight, swaps stable, NZD holds
Factories in the US and EU see good growth; EU-Canada FTA dead; talent magnets; IRD targets MNCs; APRA clamps down on loan standards; UST 10yr yield at 1.77%; oil and gold down; NZ$1 = 71.3 US¢, TWI-5 = 75.6
15
Factories in the US and EU see good growth; EU-Canada FTA dead; talent magnets; IRD targets MNCs; APRA clamps down on loan standards; UST 10yr yield at 1.77%; oil and gold down; NZ$1 = 71.3 US¢, TWI-5 = 75.6
FHBs chase US houses, pay up; India in debit card scare; China home loans explode; UK gets desperate; Aussie projects bust budgets; UST 10yr yield 1.74%; oil up, gold unchanged; NZ$1 = 71.6 USc, TWI = 72.6
2
FHBs chase US houses, pay up; India in debit card scare; China home loans explode; UK gets desperate; Aussie projects bust budgets; UST 10yr yield 1.74%; oil up, gold unchanged; NZ$1 = 71.6 USc, TWI = 72.6
Bernard Hickey reviews the day's business news with Duncan Garner at RadioLive, Thursday, October 20, 2016
Bernard Hickey reviews the day's business news with Duncan Garner at RadioLive, Thursday, October 20, 2016
Housing starts and permits jump in the US; China grows at official rate; no cooling yet in China's housing markets; Canada cuts growth forecast; huge Saudi bond issue; UST 10yr yield at 1.74%; oil up, gold up; NZ$1 = 72.3 US¢, TWI-5 = 76.1
1
Housing starts and permits jump in the US; China grows at official rate; no cooling yet in China's housing markets; Canada cuts growth forecast; huge Saudi bond issue; UST 10yr yield at 1.74%; oil up, gold up; NZ$1 = 72.3 US¢, TWI-5 = 76.1
A review of things you need to know before you go home on Wednesday; NBS cuts call rate, dairy prices edge up, Govt considers card fee regulation, big AU-NZ pay differential, NZSF goes green, swaps slip, NZD rises
3
A review of things you need to know before you go home on Wednesday; NBS cuts call rate, dairy prices edge up, Govt considers card fee regulation, big AU-NZ pay differential, NZSF goes green, swaps slip, NZD rises
Dairy prices inch up; US and UK inflation stirs; China coal prices jump; international air travel to double; 'ugly' outlook for Aussie apartment investors; UST 10yr yield at 1.75%; oil unchanged, gold up; NZ$1 = 72.1 US¢, TWI-5 = 76
12
Dairy prices inch up; US and UK inflation stirs; China coal prices jump; international air travel to double; 'ugly' outlook for Aussie apartment investors; UST 10yr yield at 1.75%; oil unchanged, gold up; NZ$1 = 72.1 US¢, TWI-5 = 76
A review of things you need to know before you go home on Tuesday; no rate changes, tame CPI, crazy petrol discounting, crazy house values, SFF cutback, NZX in heavy drop, swap rates jump, NZD rises
23
A review of things you need to know before you go home on Tuesday; no rate changes, tame CPI, crazy petrol discounting, crazy house values, SFF cutback, NZX in heavy drop, swap rates jump, NZD rises
US industrial output weaker; Fischer warns on low rates; NZ-UK to start trade talks; big traders target Aussie long bond; UST 10yr yield at 1.78%; oil down, gold up; NZ$1 = 71.4 US¢, TWI-5 = 75.4
7
US industrial output weaker; Fischer warns on low rates; NZ-UK to start trade talks; big traders target Aussie long bond; UST 10yr yield at 1.78%; oil down, gold up; NZ$1 = 71.4 US¢, TWI-5 = 75.4
Australian banking regulators reach out and impose policy settings good for Australia that impinge and limit policy settings good for New Zealand
2
Australian banking regulators reach out and impose policy settings good for Australia that impinge and limit policy settings good for New Zealand
A review of things you need to know before you go home on Monday; Kiwibank raises mortgage rates, BNZ and ASB cut savings/TD rates, PSI expansion slows, Greens want population growth targets, swap rates raise, NZD sideways
7
A review of things you need to know before you go home on Monday; Kiwibank raises mortgage rates, BNZ and ASB cut savings/TD rates, PSI expansion slows, Greens want population growth targets, swap rates raise, NZD sideways
Yellen suggests different approach; US retail sales up; China PPI turns positive; BT Financial outs itself; NSW hikes housing fees; UST 10yr yield at 1.81%; oil unchanged, gold down; NZ$1 = 70.9 US¢, TWI-5 = 75
21
Yellen suggests different approach; US retail sales up; China PPI turns positive; BT Financial outs itself; NSW hikes housing fees; UST 10yr yield at 1.81%; oil unchanged, gold down; NZ$1 = 70.9 US¢, TWI-5 = 75
Heartland Bank changes three term deposit rates, grabbing best-bank status for three and nine month terms, but giving up that status for a two year term
1
Heartland Bank changes three term deposit rates, grabbing best-bank status for three and nine month terms, but giving up that status for a two year term
US jobless levels fall; US approaching end of long expansion; 40% of Hong Kongers want to leave; China's exports slump; India has good monsoon; UST 10yr yield at 1.74%; oil and gold up; NZ$1 = 70.9 US¢, TWI-5 = 74.9
23
US jobless levels fall; US approaching end of long expansion; 40% of Hong Kongers want to leave; China's exports slump; India has good monsoon; UST 10yr yield at 1.74%; oil and gold up; NZ$1 = 70.9 US¢, TWI-5 = 74.9
A review of things you need to know before you go home on Thursday; Auckland takes a breather, good surplus, more job ads, food prices stable, confidence lifts, paying promptly, swaps fall, NZD soft
10
A review of things you need to know before you go home on Thursday; Auckland takes a breather, good surplus, more job ads, food prices stable, confidence lifts, paying promptly, swaps fall, NZD soft
Fed struggles to decide when to hike; US vacancies fall; US milk glut; Aussie life insurer scandal; world food prices jump; UST 10yr yield at 1.77%; oil and gold lower; NZ$1 = 70.9 US¢, TWI-5 = 74.9
7
Fed struggles to decide when to hike; US vacancies fall; US milk glut; Aussie life insurer scandal; world food prices jump; UST 10yr yield at 1.77%; oil and gold lower; NZ$1 = 70.9 US¢, TWI-5 = 74.9
A review of things you need to know before you go home on Wednesday; Co-op Bank cuts Step Saver, rents up in halo regions, community finance scheme extended, occupancy rate up, swaps up, NZD lower
1
A review of things you need to know before you go home on Wednesday; Co-op Bank cuts Step Saver, rents up in halo regions, community finance scheme extended, occupancy rate up, swaps up, NZD lower