David Chaston

New car sales in June surge back to their highest level in 26 years. One new vehicle sold every 2 minutes. SUVs take 37% of market

New car sales in June surge back to their highest level in 26 years. One new vehicle sold every 2 minutes. SUVs take 37% of market

The rise in rates comes despite overall wholesale and retail market rate falls, but after the SOE bank cut some fees. Many of the increases are steep

The rise in rates comes despite overall wholesale and retail market rate falls, but after the SOE bank cut some fees. Many of the increases are steep

China markets 'bounce' on support, but still very uncertain; screws tighten on Greece; economic data positive but drowned; UST 10yr yield 2.32%; oil sinks; NZ$1 = 66.9 US¢, TWI-5 = 71.2

China markets 'bounce' on support, but still very uncertain; screws tighten on Greece; economic data positive but drowned; UST 10yr yield 2.32%; oil sinks; NZ$1 = 66.9 US¢, TWI-5 = 71.2

A review of things you need to know before you go home on Monday; rate cuts keep coming, Treasury upbeat, EQC cover changes proposed, offshore markets reacting to China and Greece, swap rates fall

A review of things you need to know before you go home on Monday; rate cuts keep coming, Treasury upbeat, EQC cover changes proposed, offshore markets reacting to China and Greece, swap rates fall

China braces for extreme financial test, officials rush in emergency support; Greeks vote 'No', Grexit more likely; yields fall; oil and gold lower; NZ$1 = 66.9 US¢, TWI-5 = 71.1

China braces for extreme financial test, officials rush in emergency support; Greeks vote 'No', Grexit more likely; yields fall; oil and gold lower; NZ$1 = 66.9 US¢, TWI-5 = 71.1

Main banks are now setting the pace of home loan rate cuts

Main banks are now setting the pace of home loan rate cuts

Dairy prices down especially WMP; US data very upbeat; Europe waits for Greek vote; China needs work says World Bank; US UST 10yr yield 2.41%; NZ$1 = 67.5 US¢, TWI-5 = 71.6

Dairy prices down especially WMP; US data very upbeat; Europe waits for Greek vote; China needs work says World Bank; US UST 10yr yield 2.41%; NZ$1 = 67.5 US¢, TWI-5 = 71.6

A review of things you need to know before you go home on Wednesday; more rate cuts, housing slowdown, but not mortgages, good China and Japan data, swap rates rise, NZD recovers

A review of things you need to know before you go home on Wednesday; more rate cuts, housing slowdown, but not mortgages, good China and Japan data, swap rates rise, NZD recovers

US confidence jumps, wages rise; Greeks make last-ditch offer; AU new home sales fall; oil up, gold down; UST 10yr yield 2.32%; NZ$1 = 67.7 US¢, TWI-5 = 71.4

US confidence jumps, wages rise; Greeks make last-ditch offer; AU new home sales fall; oil up, gold down; UST 10yr yield 2.32%; NZ$1 = 67.7 US¢, TWI-5 = 71.4

A review of things you need to know before you go home on Tuesday; confidence slumps, housing consents disappoint, non-housing consents jump, debt rises fast, swap rates rise

A review of things you need to know before you go home on Tuesday; confidence slumps, housing consents disappoint, non-housing consents jump, debt rises fast, swap rates rise

Europeans paralysed but rest of world largely unaffected by Greece; Japan up, China down; US Fed on track; benchmark yields fall; NZ$1 = 68.7 US¢, TWI-5 = 72.3

Europeans paralysed but rest of world largely unaffected by Greece; Japan up, China down; US Fed on track; benchmark yields fall; NZ$1 = 68.7 US¢, TWI-5 = 72.3

A review of things you need to know before you go home on Monday; job worries rise, RBNZ leaves hands in pocket, record equity crowdfunding, Tauranga fast-track, swap rates fall, NZD rises

A review of things you need to know before you go home on Monday; job worries rise, RBNZ leaves hands in pocket, record equity crowdfunding, Tauranga fast-track, swap rates fall, NZD rises

Equity crowd funding raises $1.3 mln in June as two deals fail, two achieve minimum targets, and two get maximum support

Equity crowd funding raises $1.3 mln in June as two deals fail, two achieve minimum targets, and two get maximum support

Lincoln University leadership in turmoil as Andy West quits. Annual report overdue

Lincoln University leadership in turmoil as Andy West quits. Annual report overdue

US confidence rises; Greeks enrage creditors, set vote, impose capital controls; China cuts rates as stocks crash; BIS warns again; Aussies die faster; UST yields rise; NZ$1 = 68.3 US¢, TWI-5 = 72.3

US confidence rises; Greeks enrage creditors, set vote, impose capital controls; China cuts rates as stocks crash; BIS warns again; Aussies die faster; UST yields rise; NZ$1 = 68.3 US¢, TWI-5 = 72.3

A review of things you need to know before you go home on Friday; Kiwibank cuts, Auckland raises, surprise trade surplus, affordability stresses varied, UFB rolls on, swap rates and NZD unchanged

A review of things you need to know before you go home on Friday; Kiwibank cuts, Auckland raises, surprise trade surplus, affordability stresses varied, UFB rolls on, swap rates and NZD unchanged

The equity crowd funding industry reaches a major milestone with $10 mln successfully raised. But 19% of offers made failed to reach minimum support

The equity crowd funding industry reaches a major milestone with $10 mln successfully raised. But 19% of offers made failed to reach minimum support

David Chaston reviews where savers now stand following the recent OCR cut and the prospects for more of them

David Chaston reviews where savers now stand following the recent OCR cut and the prospects for more of them

US consumers spending, incomes rise; Congress grants trade authority; Greece crisis deepens; China holds off rate cuts; UST 10yr yields rise; NZ$1 = 69.1 US¢, TWI-5 = 72.8

US consumers spending, incomes rise; Congress grants trade authority; Greece crisis deepens; China holds off rate cuts; UST 10yr yields rise; NZ$1 = 69.1 US¢, TWI-5 = 72.8

A review of things you need to know before you go home on Thursday; no rate changes today, high LVR loans jump, Fonterra makes attractive GMP offer, Fitch ticks Kiwibank, NZD rises

A review of things you need to know before you go home on Thursday; no rate changes today, high LVR loans jump, Fonterra makes attractive GMP offer, Fitch ticks Kiwibank, NZD rises

Obama to win fast-track authority; Aust commission slams FTA impacts; Greek deal less certain; China ends key regulation; OECD worried; NZ$1 = 68.9 US¢, TWI-5 = 72.7

Obama to win fast-track authority; Aust commission slams FTA impacts; Greek deal less certain; China ends key regulation; OECD worried; NZ$1 = 68.9 US¢, TWI-5 = 72.7

A review of things you need to know before you go home on Tuesday; rate cut flurry, ex-Council boss is new BNZ chairman, confidence in financial system, swap rates jump, NZD falls

A review of things you need to know before you go home on Tuesday; rate cut flurry, ex-Council boss is new BNZ chairman, confidence in financial system, swap rates jump, NZD falls

The challenger bank is the first to offer a 4.99% rate for 3 years, joining most others who have similar low rates for shorter fixed terms

The challenger bank is the first to offer a 4.99% rate for 3 years, joining most others who have similar low rates for shorter fixed terms

Home loan rates keep falling following wholesale rates declines. The major banks are starting to push key rates lower, edging out the smaller banks

Home loan rates keep falling following wholesale rates declines. The major banks are starting to push key rates lower, edging out the smaller banks

US house sales surge; new Greek offer promising; China trade NZ's focus; UST 10yr yields rise to 2.35%; NZ$1 = 68.7 US¢, TWI-5 = 72.1

US house sales surge; new Greek offer promising; China trade NZ's focus; UST 10yr yields rise to 2.35%; NZ$1 = 68.7 US¢, TWI-5 = 72.1