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
America kneecapping itself; Japan machine tool orders impress; ditto Taiwan exports; China reports solid holiday activity; Aussie inflation expectations stay high; UST 10yr at 4.15%; gold and oil down; NZ$1 = 57.4 USc; TWI-5 = 65.2
10th Oct 25, 7:19am
30
America kneecapping itself; Japan machine tool orders impress; ditto Taiwan exports; China reports solid holiday activity; Aussie inflation expectations stay high; UST 10yr at 4.15%; gold and oil down; NZ$1 = 57.4 USc; TWI-5 = 65.2
[updated]
A review of things you need to know before you sign off on Thursday; OCR pass-through distorted, spring listing rush, hopeful glimmers in card activity, more savings, lower share of GDP, weak tax-take mirrors economy, swaps on hold, NZD recovers, & more
9th Oct 25, 3:59pm
29
A review of things you need to know before you sign off on Thursday; OCR pass-through distorted, spring listing rush, hopeful glimmers in card activity, more savings, lower share of GDP, weak tax-take mirrors economy, swaps on hold, NZD recovers, & more
American data weakens quite quickly but it is not holding back financial markets; Japan business sentiment up; Taiwan inflation down; China back from holiday; UST 10yr at 4.14%; gold and oil up; NZ$1 = 57.8 USc; TWI-5 = 65.4
9th Oct 25, 7:22am
36
American data weakens quite quickly but it is not holding back financial markets; Japan business sentiment up; Taiwan inflation down; China back from holiday; UST 10yr at 4.14%; gold and oil up; NZ$1 = 57.8 USc; TWI-5 = 65.4
[updated]
Tracking the changes to savings accounts after the OCR rate cut, including the Notice Savers
8th Oct 25, 4:52pm
1
Tracking the changes to savings accounts after the OCR rate cut, including the Notice Savers
[updated]
ANZ is the first mover after the -50 bps OCR cut, passing on -40 bps to floating rate borrowers, Westpac only passes on -30 bps, ASB & BNZ go -30 bps too. By Kiwibank it is -35 bps
8th Oct 25, 4:42pm
5
ANZ is the first mover after the -50 bps OCR cut, passing on -40 bps to floating rate borrowers, Westpac only passes on -30 bps, ASB & BNZ go -30 bps too. By Kiwibank it is -35 bps
A review of things you need to know before you sign off on Wednesday; Jumbo OCR cut has banks reassessing rate cut size, rents slip but investors more active, dairy prices slip, NZX50 rises, swaps drop, gold up, NZD falls hard, & more
8th Oct 25, 4:00pm
30
A review of things you need to know before you sign off on Wednesday; Jumbo OCR cut has banks reassessing rate cut size, rents slip but investors more active, dairy prices slip, NZX50 rises, swaps drop, gold up, NZD falls hard, & more
US data weakens; Canada PMI leaps; Japanese spending firm; Australian sentiment dips as do job ad levels; Airbus A320 trumps Boeing 737; UST 10yr at 4.12%; gold up as oil eases; NZ$1 = 58.1 USc; TWI-5 = 65.6
8th Oct 25, 7:26am
7
US data weakens; Canada PMI leaps; Japanese spending firm; Australian sentiment dips as do job ad levels; Airbus A320 trumps Boeing 737; UST 10yr at 4.12%; gold up as oil eases; NZ$1 = 58.1 USc; TWI-5 = 65.6
A review of things you need to know before you sign off on Tuesday; BNZ & TSB keep the rate cuts coming, no optimism in business opinion, ASB waves white flag, home ownership slips again, Gen Z meateaters, swaps down, NZD holds, & more
7th Oct 25, 3:59pm
20
A review of things you need to know before you sign off on Tuesday; BNZ & TSB keep the rate cuts coming, no optimism in business opinion, ASB waves white flag, home ownership slips again, Gen Z meateaters, swaps down, NZD holds, & more
China holiday activity looks strong; Japanese markets love Takaichi; France in another political jam; Aussie inflation stays high; many metals prices jump; UST 10yr at 4.16%; precious metals & oil rise; NZ$1 = 58.4 USc; TWI-5 = 65.7
7th Oct 25, 7:19am
57
China holiday activity looks strong; Japanese markets love Takaichi; France in another political jam; Aussie inflation stays high; many metals prices jump; UST 10yr at 4.16%; precious metals & oil rise; NZ$1 = 58.4 USc; TWI-5 = 65.7
A review of things you need to know before you sign off on Monday; Kiwibank & BNZ cut retail rates, retail trade tough, IAG docked, commodity prices hold high, pump-and-dump warning, swaps firmish, NZD holds, & more
6th Oct 25, 4:00pm
29
A review of things you need to know before you sign off on Monday; Kiwibank & BNZ cut retail rates, retail trade tough, IAG docked, commodity prices hold high, pump-and-dump warning, swaps firmish, NZD holds, & more
Japan to get a new PM; China holiday flows massive; US data weaker; eyes on the RBNZ; EU carbon prices surge; UST 10yr at 4.12%; gold & silver rise again, oil holds; NZ$1 = 58.3 USc; TWI-5 = 65.5
6th Oct 25, 7:20am
27
Japan to get a new PM; China holiday flows massive; US data weaker; eyes on the RBNZ; EU carbon prices surge; UST 10yr at 4.12%; gold & silver rise again, oil holds; NZ$1 = 58.3 USc; TWI-5 = 65.5
[updated]
State-owned Kiwibank is the last major to move its fixed home loan rates down ahead of Wednesday's OCR review, and these shifts give it a market-leading six month rate, and a matching one year rate
6th Oct 25, 6:12am
7
State-owned Kiwibank is the last major to move its fixed home loan rates down ahead of Wednesday's OCR review, and these shifts give it a market-leading six month rate, and a matching one year rate
US services sector loses expansion impulse; Canadian minimum pay rises; Toronto real estate sales rise but prices fall; record China travel; plenty of nickel; UST 10yr at 4.12%; gold & silver rise again, oil holds; NZ$1 = 58.3 USc; TWI-5 = 65.5
4th Oct 25, 8:35am
16
US services sector loses expansion impulse; Canadian minimum pay rises; Toronto real estate sales rise but prices fall; record China travel; plenty of nickel; UST 10yr at 4.12%; gold & silver rise again, oil holds; NZ$1 = 58.3 USc; TWI-5 = 65.5
A review of things you need to know before you sign off on Friday; more big-bank rate cuts, KiwiSaver hardship signals high but not rising, data points to meat processing overcapacity, swaps & NZD stable, & more
3rd Oct 25, 4:27pm
17
A review of things you need to know before you sign off on Friday; more big-bank rate cuts, KiwiSaver hardship signals high but not rising, data points to meat processing overcapacity, swaps & NZD stable, & more
[updated]
Term deposit rates are falling, and as low as they are, the chances of them falling further is high. So locking in some current rates may avoid rate-drop pain that is yet to happen
3rd Oct 25, 11:03am
20
Term deposit rates are falling, and as low as they are, the chances of them falling further is high. So locking in some current rates may avoid rate-drop pain that is yet to happen
ASB is the latest follower to cut fixed mortgage rates, but not to any level that beats the earlier movers
3rd Oct 25, 9:22am
1
ASB is the latest follower to cut fixed mortgage rates, but not to any level that beats the earlier movers
US public policy descends into farce; US job cuts at five year high; Japanese sentiment rises; Aussie spending up, exports down; AU FHB scheme launches to strong demand; UST 10yr at 4.09%; gold and oil retreat; NZ$1 = 58.2 USc; TWI-5 = 65.4
3rd Oct 25, 7:24am
16
US public policy descends into farce; US job cuts at five year high; Japanese sentiment rises; Aussie spending up, exports down; AU FHB scheme launches to strong demand; UST 10yr at 4.09%; gold and oil retreat; NZ$1 = 58.2 USc; TWI-5 = 65.4
Westpac cuts and claims market-leading rate levels for fixed rate home loans for almost all its terms. It has cut term deposit rates too
2nd Oct 25, 4:30pm
6
Westpac cuts and claims market-leading rate levels for fixed rate home loans for almost all its terms. It has cut term deposit rates too
[updated]
A review of things you need to know before you sign off on Thursday; ANZ cuts everything, Barfoots sells more, log prices hold, DIA tackles AML/CFT compliance, Cotality sees prices stable, swaps soft, NZD strong, & more
2nd Oct 25, 4:00pm
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A review of things you need to know before you sign off on Thursday; ANZ cuts everything, Barfoots sells more, log prices hold, DIA tackles AML/CFT compliance, Cotality sees prices stable, swaps soft, NZD strong, & more
US hits debt limit, Fed government shuts down; Trump rebuffed on Cook firing; US industry retreats with labour market; global PMIs mixed; China on holiday; UST 10yr at 4.11%; gold up again but oil falls again; NZ$1 = 58.1 USc; TWI-5 = 65.3
2nd Oct 25, 7:21am
8
US hits debt limit, Fed government shuts down; Trump rebuffed on Cook firing; US industry retreats with labour market; global PMIs mixed; China on holiday; UST 10yr at 4.11%; gold up again but oil falls again; NZ$1 = 58.1 USc; TWI-5 = 65.3
Our largest home loan lender strikes with wide-ranging rate cuts, grabbing market-leading levels across all the popular fixed terms - except two years. Term deposit savers suffer matching cuts
1st Oct 25, 5:56pm
4
Our largest home loan lender strikes with wide-ranging rate cuts, grabbing market-leading levels across all the popular fixed terms - except two years. Term deposit savers suffer matching cuts
[updated]
A review of things you need to know before you sign off on Wednesday; housing a buyers market, mortgage pain easing, new car sales surge; LGFA bonds in hot demand, Andrew Barclay's new gig, swaps stable, NZD stable, & more
1st Oct 25, 3:58pm
10
A review of things you need to know before you sign off on Wednesday; housing a buyers market, mortgage pain easing, new car sales surge; LGFA bonds in hot demand, Andrew Barclay's new gig, swaps stable, NZD stable, & more
US industry and sentiment in retreat; eyes on shutdown talks; China PMIs mixed; China in dispute with BHP; air cargo volumes rise, passenger traffic too; UST 10yr at 4.14%; gold up but oil falls again; NZ$1 = 58 USc; TWI-5 = 65.1
1st Oct 25, 7:20am
25
US industry and sentiment in retreat; eyes on shutdown talks; China PMIs mixed; China in dispute with BHP; air cargo volumes rise, passenger traffic too; UST 10yr at 4.14%; gold up but oil falls again; NZ$1 = 58 USc; TWI-5 = 65.1
Despite growing signs of inflation rising and strongish labour markets, the RBA has held its cash rate target at 3.6% as widely expected
30th Sep 25, 5:31pm
Despite growing signs of inflation rising and strongish labour markets, the RBA has held its cash rate target at 3.6% as widely expected
[updated]
A review of things you need to know before you sign off on Tuesday; BNZ cuts a key mortgage rate sharply, businesses struggle but remain optimistic, dairy company retreats, mortgage books grow fast, swaps soft, NZD stable, & more
30th Sep 25, 3:59pm
12
A review of things you need to know before you sign off on Tuesday; BNZ cuts a key mortgage rate sharply, businesses struggle but remain optimistic, dairy company retreats, mortgage books grow fast, swaps soft, NZD stable, & more