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
We pay about 1% more than Aussies for our mortgages but get paid about 1.8% more than them for our term deposits
10th Apr 15, 12:47pm
36
We pay about 1% more than Aussies for our mortgages but get paid about 1.8% more than them for our term deposits
Key two year home loan market benchmark now set at 5.15%, at least -24 bps below offers by the main banks
10th Apr 15, 9:23am
10
Key two year home loan market benchmark now set at 5.15%, at least -24 bps below offers by the main banks
US labour markets stronger; Greece makes IMF repayment; France investigates HSBC; Moody's says NZ doing well; gold price falls; euro slumps; NZ$1 = 75.4 US¢, TWI = 80.8
10th Apr 15, 7:33am
9
US labour markets stronger; Greece makes IMF repayment; France investigates HSBC; Moody's says NZ doing well; gold price falls; euro slumps; NZ$1 = 75.4 US¢, TWI = 80.8
ASB cuts two mortgage 'special' rates for three and five year fixed terms, and at the same time withdraws its 'healthy cash bonus ' offer
9th Apr 15, 5:34pm
3
ASB cuts two mortgage 'special' rates for three and five year fixed terms, and at the same time withdraws its 'healthy cash bonus ' offer
A review of things you need to know before you go home on Thursday; Truckometer positive, new China push, mortgage approvals, job losses, swaps unchanged, NZD hits record against the euro
9th Apr 15, 4:00pm
A review of things you need to know before you go home on Thursday; Truckometer positive, new China push, mortgage approvals, job losses, swaps unchanged, NZD hits record against the euro
US Fed on track for rate hikes; Negative yields in euroland; Mexico's century bond; ATO audits tech multinationals; oil and gold drop; NZ$1 = 75.5 US¢, TWI = 80.5
9th Apr 15, 7:27am
5
US Fed on track for rate hikes; Negative yields in euroland; Mexico's century bond; ATO audits tech multinationals; oil and gold drop; NZ$1 = 75.5 US¢, TWI = 80.5
A review of things you need to know before you go home on Wednesday; strong jobs demand, strong LGFA bond demand, strong car sales, dodgy fx trading, swap rates up
8th Apr 15, 4:00pm
6
A review of things you need to know before you go home on Wednesday; strong jobs demand, strong LGFA bond demand, strong car sales, dodgy fx trading, swap rates up
US job openings rise; IMF warns on aging and productivity; China steel output falls; CDS spreads at pre GFC levels; NZ swaps flat; UST 10yr yield 1.92%; NZ$1 = 74.9 US¢, TWI = 80
8th Apr 15, 7:24am
20
US job openings rise; IMF warns on aging and productivity; China steel output falls; CDS spreads at pre GFC levels; NZ swaps flat; UST 10yr yield 1.92%; NZ$1 = 74.9 US¢, TWI = 80
A review of things you need to know before you go home on Tuesday; ANZ raises rates, Barfoots big month, Govt's big debt, swap rates very flat, RBA holds fire
7th Apr 15, 4:04pm
A review of things you need to know before you go home on Tuesday; ANZ raises rates, Barfoots big month, Govt's big debt, swap rates very flat, RBA holds fire
US jobs data disappoints; NZ dollar almost at mid-rate parity; Greeks print drachmas; China wants housing bank; gold and oil higher; UST 10yr yield 1.9%; NZ$1 = 75.8 US¢, TWI = 80.5
7th Apr 15, 7:07am
18
US jobs data disappoints; NZ dollar almost at mid-rate parity; Greeks print drachmas; China wants housing bank; gold and oil higher; UST 10yr yield 1.9%; NZ$1 = 75.8 US¢, TWI = 80.5
Weak US payroll growth gives the NZD a spurt, but not quite enough to achieve technical parity
4th Apr 15, 12:09pm
Weak US payroll growth gives the NZD a spurt, but not quite enough to achieve technical parity
A review of things you need to know before you go home on Thursday; BNZ cuts rates, banks withdraw cashbacks, inflation linker bond yields rise; UOM interest rates rise, wholesale rates flatten
2nd Apr 15, 4:00pm
A review of things you need to know before you go home on Thursday; BNZ cuts rates, banks withdraw cashbacks, inflation linker bond yields rise; UOM interest rates rise, wholesale rates flatten
Fund manager under investigation by the FMA is suspended from its NZ Super Fund contract
2nd Apr 15, 12:12pm
4
Fund manager under investigation by the FMA is suspended from its NZ Super Fund contract
Banks quietly pulling the plug on home loan cash back programmes
US factories regain momentum; job growth questions; AU banks resist capital requirements; dairy prices fall hard; oil and gold up; bond yields lower; NZ$1 = 74.7 US¢, TWI = 79.8
2nd Apr 15, 7:23am
73
US factories regain momentum; job growth questions; AU banks resist capital requirements; dairy prices fall hard; oil and gold up; bond yields lower; NZ$1 = 74.7 US¢, TWI = 79.8
BNZ ditches its 'classic' mortgage rates, removes cash incentive offer, and focuses on a 'competitive' single rate set
1st Apr 15, 5:32pm
4
BNZ ditches its 'classic' mortgage rates, removes cash incentive offer, and focuses on a 'competitive' single rate set
US consumer confidence rising; Greece's plan rejected, looks to Russia; China gets deposit insurance; RBA pressured to cut; bonds, oil and gold unchanged; NZ$1 = 74.7 US¢, TWI = 80
1st Apr 15, 7:25am
4
US consumer confidence rising; Greece's plan rejected, looks to Russia; China gets deposit insurance; RBA pressured to cut; bonds, oil and gold unchanged; NZ$1 = 74.7 US¢, TWI = 80
A review of things you need to know before you go home on Tuesday; business confidence up, money supply growing faster, housing approvals stutter, other consents very strong, NZD reaches parity with the AUD
31st Mar 15, 4:00pm
11
A review of things you need to know before you go home on Tuesday; business confidence up, money supply growing faster, housing approvals stutter, other consents very strong, NZD reaches parity with the AUD
Westpac will now only give you NZ$1 for each AU$1 you sell them via a telegraphic transfer in a retail transaction according to their online tools
31st Mar 15, 8:00am
13
Westpac will now only give you NZ$1 for each AU$1 you sell them via a telegraphic transfer in a retail transaction according to their online tools
US savings rise; US house sales rise; China cuts deposit requirements; oil and gold prices lower; NZD edges closer to parity; NZ$1 = 75.2 US¢, TWI = 80.2
31st Mar 15, 7:25am
21
US savings rise; US house sales rise; China cuts deposit requirements; oil and gold prices lower; NZD edges closer to parity; NZ$1 = 75.2 US¢, TWI = 80.2
A review of things you need to know before you go home on Monday; Westpac and F&P Finance cut rates, employment confidence high, ditto investor confidence, ditto for bank satisfaction
30th Mar 15, 4:00pm
1
A review of things you need to know before you go home on Monday; Westpac and F&P Finance cut rates, employment confidence high, ditto investor confidence, ditto for bank satisfaction
US growth cools, confidence holds; Greece eyes drachma comeback; China wary of deflation; Aust to tax bank deposits; bond yields rise; oil and gold falls; NZ$1 = 75.6 USc, TWI = 80.2
30th Mar 15, 7:01am
18
US growth cools, confidence holds; Greece eyes drachma comeback; China wary of deflation; Aust to tax bank deposits; bond yields rise; oil and gold falls; NZ$1 = 75.6 USc, TWI = 80.2
US durable goods orders fall; Greece caught short; RBA worried about commercial property; 'rigged remuneration'; yields lower; commodity prices higher; NZ$1 = 76.1 USc, TWI = 80.4
26th Mar 15, 7:25am
6
US durable goods orders fall; Greece caught short; RBA worried about commercial property; 'rigged remuneration'; yields lower; commodity prices higher; NZ$1 = 76.1 USc, TWI = 80.4
A review of things you need to know before you go home on Wednesday; Fonterra disappoints, Ruataniwha gets lifeline, China's consumers smiling, trade surplus vanishing, mortgage approvals peak, swap curve flattens
25th Mar 15, 4:00pm
A review of things you need to know before you go home on Wednesday; Fonterra disappoints, Ruataniwha gets lifeline, China's consumers smiling, trade surplus vanishing, mortgage approvals peak, swap curve flattens
US CPI suggests inflation uptick; US new home sales jump, factories busier; EU factories also busier; China sees slowdown; NZ$1 = 76.4 USc, TWI = 80.7
25th Mar 15, 7:26am
1
US CPI suggests inflation uptick; US new home sales jump, factories busier; EU factories also busier; China sees slowdown; NZ$1 = 76.4 USc, TWI = 80.7