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 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
35
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
[updated]
BNZ cuts one year mortgage rate to 4.49%, a significant level below its main rivals. It also cut its Rapid Saver savings account rate
30th Sep 25, 8:54am
18
BNZ cuts one year mortgage rate to 4.49%, a significant level below its main rivals. It also cut its Rapid Saver savings account rate
US shutdown talks at final stage; next US tariffs to hit movie-making; India factories stay busy; eyes on the RBA; UST 10yr at 4.14%; gold leaps and oil falls sharply; NZ$1 = 57.8 USc; TWI-5 = 65.1
30th Sep 25, 7:22am
10
US shutdown talks at final stage; next US tariffs to hit movie-making; India factories stay busy; eyes on the RBA; UST 10yr at 4.14%; gold leaps and oil falls sharply; NZ$1 = 57.8 USc; TWI-5 = 65.1
A review of things you need to know before you sign off on Monday; no retail rate updates, jobs rise (or do they?), fewer Auckland homes being built, record NZGB bond trading, AIA seeks more, swaps & NZD stable, & more
29th Sep 25, 3:59pm
13
A review of things you need to know before you sign off on Monday; no retail rate updates, jobs rise (or do they?), fewer Auckland homes being built, record NZGB bond trading, AIA seeks more, swaps & NZD stable, & more
China profits rise; Singapore production falls; US inflation rises, sentiment eases; eyes on US non-farm payrolls; US imposes more tariffs; eyes on RBA rate review; UST 10yr at 4.19%; gold and oil ease; NZ$1 = 57.7 USc; TWI-5 = 65.2
29th Sep 25, 7:19am
7
China profits rise; Singapore production falls; US inflation rises, sentiment eases; eyes on US non-farm payrolls; US imposes more tariffs; eyes on RBA rate review; UST 10yr at 4.19%; gold and oil ease; NZ$1 = 57.7 USc; TWI-5 = 65.2
Inflation rises in the US; consumer sentiment retreats; US farms under pressure; US add new tariffs; shutdown watch closer; Singapore gets a jolt; UST 10yr at 4.18%; gold & silver rise, oil firm; NZ$1 = 57.8 USc; TWI-5 = 65.2
27th Sep 25, 8:47am
5
Inflation rises in the US; consumer sentiment retreats; US farms under pressure; US add new tariffs; shutdown watch closer; Singapore gets a jolt; UST 10yr at 4.18%; gold & silver rise, oil firm; NZ$1 = 57.8 USc; TWI-5 = 65.2
A review of things you need to know before you sign off on Friday; no retail rate changes, sentiment stops falling, banks love FHBs, Tower 1 IAG 0, wealth disparity unchanged, livestock prices firmer, swaps stable, NZD soft, & more
26th Sep 25, 4:00pm
17
A review of things you need to know before you sign off on Friday; no retail rate changes, sentiment stops falling, banks love FHBs, Tower 1 IAG 0, wealth disparity unchanged, livestock prices firmer, swaps stable, NZD soft, & more
US data weakish but GDP growth claimed to be strong; Canada to end post services; Taiwan retail rises; Swiss stay at zero; freight rates fall faster; UST 10yr at 4.17%; gold up, oil holds; NZ$1 = 57.6 USc; TWI-5 = 65.2
26th Sep 25, 7:27am
14
US data weakish but GDP growth claimed to be strong; Canada to end post services; Taiwan retail rises; Swiss stay at zero; freight rates fall faster; UST 10yr at 4.17%; gold up, oil holds; NZ$1 = 57.6 USc; TWI-5 = 65.2
A review of things you need to know before you sign off on Thursday; Fonterra floods the zone, older & older, activity rises, social housing demand falls (?), NZGBs in massive demand, more gas, swaps stable, NZD soft, & more
25th Sep 25, 3:59pm
15
A review of things you need to know before you sign off on Thursday; Fonterra floods the zone, older & older, activity rises, social housing demand falls (?), NZGBs in massive demand, more gas, swaps stable, NZD soft, & more
US data dodgy; Taiwan stars again; Aussie CPI pressure; copper prices jump; Russia ups war tax; US gets subprime shock reprise; another US shutdown looms; UST 10yr at 4.15%; gold down, oil up; NZ$1 = 58.1 USc; TWI-5 = 65.5
25th Sep 25, 7:27am
23
US data dodgy; Taiwan stars again; Aussie CPI pressure; copper prices jump; Russia ups war tax; US gets subprime shock reprise; another US shutdown looms; UST 10yr at 4.15%; gold down, oil up; NZ$1 = 58.1 USc; TWI-5 = 65.5
A review of things you need to know before you sign off on Wednesday; TSB cuts hard, Breman takes the helm, job confidence in doldrums, long-term fiscal pressure identified, swaps stable, NZD drops vs AUD, & more
24th Sep 25, 3:59pm
10
A review of things you need to know before you sign off on Wednesday; TSB cuts hard, Breman takes the helm, job confidence in doldrums, long-term fiscal pressure identified, swaps stable, NZD drops vs AUD, & more
US data soft; China faces new bad loan problem; Taiwan export orders impress; Sweden delivers surprise rate cut; OECD updates global forecasts; UST 10yr at 4.12%; gold rises again, oil up; NZ$1 = 58.6 USc; TWI-5 = 65.7
24th Sep 25, 7:21am
25
US data soft; China faces new bad loan problem; Taiwan export orders impress; Sweden delivers surprise rate cut; OECD updates global forecasts; UST 10yr at 4.12%; gold rises again, oil up; NZ$1 = 58.6 USc; TWI-5 = 65.7
TSB's new 4.49% two year fixed rate offer is now the best in the mortgage market, one gearing up for the spring real estate selling season just as wholesale rates start moving lower again
24th Sep 25, 6:00am
6
TSB's new 4.49% two year fixed rate offer is now the best in the mortgage market, one gearing up for the spring real estate selling season just as wholesale rates start moving lower again
A review of things you need to know before you sign off on Tuesday; cartel in Christchurch, affordability improves, new migrant pathway, Holidays Act to be repealed, CHFA raises $200 mln, swasp and NZD stable, & more
23rd Sep 25, 4:00pm
22
A review of things you need to know before you sign off on Tuesday; cartel in Christchurch, affordability improves, new migrant pathway, Holidays Act to be repealed, CHFA raises $200 mln, swasp and NZD stable, & more