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
Dairy prices stubbed; US data optimistic; Fed eyes rate cut; Taiwan exports surge; Aussie sentiment eases; India to drive global food demand; UST 10yr 4.30%; gold firmish and oil lower; NZ$1 = 61.2 USc; TWI-5 = 70.5
10th Jul 24, 7:20am
76
Dairy prices stubbed; US data optimistic; Fed eyes rate cut; Taiwan exports surge; Aussie sentiment eases; India to drive global food demand; UST 10yr 4.30%; gold firmish and oil lower; NZ$1 = 61.2 USc; TWI-5 = 70.5
A review of things you need to know before you sign off on Tuesday; oceans warmest, tax fraud punished with wet noodles, property investors return for residential, scarce for commercial, swaps unchanged, NZD slips, & more
9th Jul 24, 3:59pm
40
A review of things you need to know before you sign off on Tuesday; oceans warmest, tax fraud punished with wet noodles, property investors return for residential, scarce for commercial, swaps unchanged, NZD slips, & more
US inflation expectations ease to Fed-friendly levels; US and China struggle with climate extremes; Aussie housing lending weak; commodity prices retreat; UST 10yr 4.27%; gold and oil lower; NZ$1 = 61.3 USc; TWI-5 = 70.5
9th Jul 24, 7:19am
34
US inflation expectations ease to Fed-friendly levels; US and China struggle with climate extremes; Aussie housing lending weak; commodity prices retreat; UST 10yr 4.27%; gold and oil lower; NZ$1 = 61.3 USc; TWI-5 = 70.5
A review of things you need to know before you sign off on Monday; Kiwibank ups two short TD rates, supermarket cost pressure eases, RBNZ watches shadow banks, Contact commissions more geothermal capacity, swaps & NZD stable, & more
8th Jul 24, 3:59pm
21
A review of things you need to know before you sign off on Monday; Kiwibank ups two short TD rates, supermarket cost pressure eases, RBNZ watches shadow banks, Contact commissions more geothermal capacity, swaps & NZD stable, & more
China's reserves stay high; Japan's JPIF makes huge gains; US non-farm payrolls rise more than expected; Canada's PMIs rebound; Voters turn left; UST 10yr 4.28%; gold and oil little-changed; NZ$1 = 61.5 USc; TWI-5 = 70.6
8th Jul 24, 7:19am
52
China's reserves stay high; Japan's JPIF makes huge gains; US non-farm payrolls rise more than expected; Canada's PMIs rebound; Voters turn left; UST 10yr 4.28%; gold and oil little-changed; NZ$1 = 61.5 USc; TWI-5 = 70.6
US payrolls rise better than expected but suffer prior revision; Canadian payroll growth evaporates; Japan pension fund books huge gain; copper rises again; UST 10yr 4.28%; gold up and oil down; NZ$1 = 61.4 USc; TWI-5 = 70.6
6th Jul 24, 8:55am
34
US payrolls rise better than expected but suffer prior revision; Canadian payroll growth evaporates; Japan pension fund books huge gain; copper rises again; UST 10yr 4.28%; gold up and oil down; NZ$1 = 61.4 USc; TWI-5 = 70.6
Despite a sharp increase in the number of houses going under the hammer, the sales rate sank, and the prices achieved for those that sold slipped further below rating valuations. It was especially tough in Auckland
6th Jul 24, 7:28am
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Despite a sharp increase in the number of houses going under the hammer, the sales rate sank, and the prices achieved for those that sold slipped further below rating valuations. It was especially tough in Auckland
A review of things you need to know before you sign off on Friday; no retail rates changes; passport backlog eases, deprecation changes hit companies with buildings, swaps and NZD little-changed, & more
5th Jul 24, 3:59pm
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A review of things you need to know before you sign off on Friday; no retail rates changes; passport backlog eases, deprecation changes hit companies with buildings, swaps and NZD little-changed, & more
US vehicle sales hit bump; China vehicle sales high; EU imposes tariffs on Chinese cars; Canada house sales fall; freight rates jump again; UST 10yr 4.37%; gold unchanged and oil up; NZ$1 = 61.2 USc; TWI-5 = 70.4
5th Jul 24, 7:19am
60
US vehicle sales hit bump; China vehicle sales high; EU imposes tariffs on Chinese cars; Canada house sales fall; freight rates jump again; UST 10yr 4.37%; gold unchanged and oil up; NZ$1 = 61.2 USc; TWI-5 = 70.4
A review of things you need to know before you sign off on Thursday; BNZ pulls back on TD offers, IRD eyes crypto compliance problems, weak demand for NZGBs, household wealth rises, swaps and NZD stable, & more
4th Jul 24, 3:59pm
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A review of things you need to know before you sign off on Thursday; BNZ pulls back on TD offers, IRD eyes crypto compliance problems, weak demand for NZGBs, household wealth rises, swaps and NZD stable, & more
With loan demand softer than customer deposit growth, banks are now less likely to press for more customer funding. BNZ eases back on some above-rival term deposit rates
4th Jul 24, 10:02am
3
With loan demand softer than customer deposit growth, banks are now less likely to press for more customer funding. BNZ eases back on some above-rival term deposit rates
US data largely positive except for an outlier PMI; India spurts ahead; China and Japan services data soft; Aussie data mixed; UST 10yr 4.36%; gold up and oil oil unchanged; NZ$1 = 61 USc; TWI-5 = 70.4
4th Jul 24, 7:20am
59
US data largely positive except for an outlier PMI; India spurts ahead; China and Japan services data soft; Aussie data mixed; UST 10yr 4.36%; gold up and oil oil unchanged; NZ$1 = 61 USc; TWI-5 = 70.4
A review of things you need to know before you sign off on Wednesday; June retail weak in early reports, dairy prices drop, glut of houses for sale, commodity prices rise, swaps meaner, NZD firmish, & more
3rd Jul 24, 3:59pm
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A review of things you need to know before you sign off on Wednesday; June retail weak in early reports, dairy prices drop, glut of houses for sale, commodity prices rise, swaps meaner, NZD firmish, & more
Dairy prices nosedive; US data quite positive; China housing woes deepen; inflation low in South Korea & EU; RBA minutes leave rate hike on table; UST 10yr 4.43%; gold and oil soft; NZ$1 = 60.7 USc; TWI-5 = 70.3
3rd Jul 24, 7:18am
72
Dairy prices nosedive; US data quite positive; China housing woes deepen; inflation low in South Korea & EU; RBA minutes leave rate hike on table; UST 10yr 4.43%; gold and oil soft; NZ$1 = 60.7 USc; TWI-5 = 70.3
A review of things you need to know before you sign off on Tuesday; a river of bad data and bad news, eyes on dairy auction, livestock farmers may have to wait till 2026 for better returns, swaps firm, NZD weak, & more
2nd Jul 24, 3:59pm
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A review of things you need to know before you sign off on Tuesday; a river of bad data and bad news, eyes on dairy auction, livestock farmers may have to wait till 2026 for better returns, swaps firm, NZD weak, & more
US PMIs give mixed signals; China PMIs rise; China to buy its own bonds to stabilise drooping yields; German inflation eases; Aussie house prices rise; UST 10yr 4.48%; gold and oil up; NZ$1 = 60.8 USc; TWI-5 = 70.3
2nd Jul 24, 7:19am
78
US PMIs give mixed signals; China PMIs rise; China to buy its own bonds to stabilise drooping yields; German inflation eases; Aussie house prices rise; UST 10yr 4.48%; gold and oil up; NZ$1 = 60.8 USc; TWI-5 = 70.3
A review of things you need to know before you sign off on Monday; filled jobs stop rising, car sales slump, Tesla wins local big battery contract, log prices rise, SFO gets ringleader, swaps hold, NZD holds, & more
1st Jul 24, 3:59pm
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A review of things you need to know before you sign off on Monday; filled jobs stop rising, car sales slump, Tesla wins local big battery contract, log prices rise, SFO gets ringleader, swaps hold, NZD holds, & more
China PMIs weaken; US PCE inflation unchanged; US housing weakens; far-right makes gains in France; freight rates rise again; UST 10yr 4.39%; gold up and oil little-changed; NZ$1 = 60.9 USc; TWI-5 = 70.5
1st Jul 24, 7:20am
63
China PMIs weaken; US PCE inflation unchanged; US housing weakens; far-right makes gains in France; freight rates rise again; UST 10yr 4.39%; gold up and oil little-changed; NZ$1 = 60.9 USc; TWI-5 = 70.5
The home loan market may not be growing much but it is becoming more competitive as borrowers change banks more often when they roll over their fixed rate contracts
29th Jun 24, 10:16am
8
The home loan market may not be growing much but it is becoming more competitive as borrowers change banks more often when they roll over their fixed rate contracts
US PCE inflation eases, other data mixed; Japan's industrial production rises; EU inflation expectations fall; container freight rates rise; UST 10yr 4.34%; gold up and oil little-changed; NZ$1 = 61 USc; TWI-5 = 70.5
29th Jun 24, 8:25am
95
US PCE inflation eases, other data mixed; Japan's industrial production rises; EU inflation expectations fall; container freight rates rise; UST 10yr 4.34%; gold up and oil little-changed; NZ$1 = 61 USc; TWI-5 = 70.5
A review of things you need to know before you sign off on Thursday; Westpac nudges home loan rates, consumer & business sentiment low, progress on inflation, home loan borrowers switch more, swaps firm, NZD soft, & more
27th Jun 24, 3:59pm
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A review of things you need to know before you sign off on Thursday; Westpac nudges home loan rates, consumer & business sentiment low, progress on inflation, home loan borrowers switch more, swaps firm, NZD soft, & more
As the economy stumbles, it is vital that reporting on what is happening stays comprehensive, open and free. We need our Supporters now more than ever. If you can support us you can go ad-free too
27th Jun 24, 1:52pm
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As the economy stumbles, it is vital that reporting on what is happening stays comprehensive, open and free. We need our Supporters now more than ever. If you can support us you can go ad-free too
US new house sales weak; Japanese yen falls further; Indian rupee unusually stable; China lets yuan slip; Aussie CPI surprises with rise; food price signals sanguine; UST 10yr 4.32%; gold down and oil unchanged; NZ$1 = 60.8 USc; TWI-5 = 70.5
27th Jun 24, 7:18am
95
US new house sales weak; Japanese yen falls further; Indian rupee unusually stable; China lets yuan slip; Aussie CPI surprises with rise; food price signals sanguine; UST 10yr 4.32%; gold down and oil unchanged; NZ$1 = 60.8 USc; TWI-5 = 70.5
Westpac's latest mortgage rate adjustments bring their higher rates down into line with their main rivals. We ask readers to record the below-card offers they get on their banking apps so others can know where real savings can be won
26th Jun 24, 6:00pm
26
Westpac's latest mortgage rate adjustments bring their higher rates down into line with their main rivals. We ask readers to record the below-card offers they get on their banking apps so others can know where real savings can be won
[updated]
A review of things you need to know before you sign off on Wednesday; retail rate-change drought extends, power consumers do it tough, Parliament eyes banking inquiry, Aussie CPI surprises, swaps up, NZD stable, & more
26th Jun 24, 3:59pm
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A review of things you need to know before you sign off on Wednesday; retail rate-change drought extends, power consumers do it tough, Parliament eyes banking inquiry, Aussie CPI surprises, swaps up, NZD stable, & more