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
[updated]
BNZ trims its fixed home loan rates to levels lower than its main rivals for all terms three years and shorter, and to market-leading levels for 18 months, 2 years and three years
6
BNZ trims its fixed home loan rates to levels lower than its main rivals for all terms three years and shorter, and to market-leading levels for 18 months, 2 years and three years
[updated]
BNZ jumped the gun with a -25 bps floating rate cut, ANZ, ASB only cut -20 bps, and now Westpac only passes on -15 bps of the OCR cut, as does Kiwibank
2
BNZ jumped the gun with a -25 bps floating rate cut, ANZ, ASB only cut -20 bps, and now Westpac only passes on -15 bps of the OCR cut, as does Kiwibank
US holiday exposes weaknesses growing from tariff missteps; OECD says Canada will absorb tariff threats without recession; Singapore factory production swells; UST 10yr at 4.51%; gold dips and oil holds; NZ$1 = 60 USc; TWI-5 = 67.9
17
US holiday exposes weaknesses growing from tariff missteps; OECD says Canada will absorb tariff threats without recession; Singapore factory production swells; UST 10yr at 4.51%; gold dips and oil holds; NZ$1 = 60 USc; TWI-5 = 67.9
A review of things you need to know before you sign off on Monday; some retail rate realignments, fewer working aged migrants, mortgage borrowers switch at faster pace, swaps stable, NZD at seven month high, & more
16
A review of things you need to know before you sign off on Monday; some retail rate realignments, fewer working aged migrants, mortgage borrowers switch at faster pace, swaps stable, NZD at seven month high, & more
Foreign direct investment leaks away from China; Japanese inflation holds high; Taiwanese factories very busy; US on holiday amid new tariff threats; UST 10yr at 4.51%; gold dips and oil holds; NZ$1 = 59.9 USc; TWI-5 = 67.8
5
Foreign direct investment leaks away from China; Japanese inflation holds high; Taiwanese factories very busy; US on holiday amid new tariff threats; UST 10yr at 4.51%; gold dips and oil holds; NZ$1 = 59.9 USc; TWI-5 = 67.8
Trump lashes out again; US new home sales surge; China FDI shrinks; questions over China bank viability; Singapore inflation low; Taiwan factories very busy; UST 10yr at 4.52%; gold jumps and oil firm; NZ$1 = 59.9 USc; TWI-5 = 67.8
14
Trump lashes out again; US new home sales surge; China FDI shrinks; questions over China bank viability; Singapore inflation low; Taiwan factories very busy; UST 10yr at 4.52%; gold jumps and oil firm; NZ$1 = 59.9 USc; TWI-5 = 67.8
A review of things you need to know before you sign off on Friday; retail rate changes quiet, inflation expectations high, jobs & retail firm from weak base, asking rents fall, swaps stable, NZD slips, & more
13
A review of things you need to know before you sign off on Friday; retail rate changes quiet, inflation expectations high, jobs & retail firm from weak base, asking rents fall, swaps stable, NZD slips, & more
US data uninspiring; Canadian PPI rise restrained; Japan books record machinery orders; Singapore says growth won't continue; Aussie PMIs stall; UST 10yr at 4.55%; gold and oil softer; NZ$1 = 59 USc; TWI-5 = 67.4
23
US data uninspiring; Canadian PPI rise restrained; Japan books record machinery orders; Singapore says growth won't continue; Aussie PMIs stall; UST 10yr at 4.55%; gold and oil softer; NZ$1 = 59 USc; TWI-5 = 67.4
A review of things you need to know before you sign off on Thursday; some TD rate trimmings, Budget 2025 announcements, tougher in the regions, more crypto & personal loan dodgyness, swaps stable, NZD eases, & more
10
A review of things you need to know before you sign off on Thursday; some TD rate trimmings, Budget 2025 announcements, tougher in the regions, more crypto & personal loan dodgyness, swaps stable, NZD eases, & more
US bond market warnings grow louder; Wall Street retreats; Japan faces its own bond market trouble; Taiwan exports surge; Aussie leading index turns down; UST 10yr at 4.60%; gold higher, oil softer; NZ$1 = 59.5 USc; TWI-5 = 67.6
10
US bond market warnings grow louder; Wall Street retreats; Japan faces its own bond market trouble; Taiwan exports surge; Aussie leading index turns down; UST 10yr at 4.60%; gold higher, oil softer; NZ$1 = 59.5 USc; TWI-5 = 67.6
[updated]
A review of things you need to know before you sign off on Wednesday; no retail rate changes, DCS ducks being lined up; record trade surplus, new sentiment survey grim, ASIC accuses Resimac, swaps stable, NZD firms, & more
7
A review of things you need to know before you sign off on Wednesday; no retail rate changes, DCS ducks being lined up; record trade surplus, new sentiment survey grim, ASIC accuses Resimac, swaps stable, NZD firms, & more
Dairy prices dip; markets nervous about US Budget; Canada inflation dips; China cuts rates, runs huge deficit; Australia makes dovish rate cut; UST 10yr at 4.48%; gold higher, oil softer; NZ$1 = 59.2 USc; TWI-5 = 67.5
18
Dairy prices dip; markets nervous about US Budget; Canada inflation dips; China cuts rates, runs huge deficit; Australia makes dovish rate cut; UST 10yr at 4.48%; gold higher, oil softer; NZ$1 = 59.2 USc; TWI-5 = 67.5
Another rate cut by the Australian central bank takes its policy rate down to 3.85%, its lowest since May 2023. The cut was as markets expected
Another rate cut by the Australian central bank takes its policy rate down to 3.85%, its lowest since May 2023. The cut was as markets expected
A review of things you need to know before you sign off on Tuesday; Bank of China launches very low home loan rates, IT fraudsters named & sentenced, funded infrastructure pipeline expands, swaps stable, NZD firmer, & more
15
A review of things you need to know before you sign off on Tuesday; Bank of China launches very low home loan rates, IT fraudsters named & sentenced, funded infrastructure pipeline expands, swaps stable, NZD firmer, & more
US leading indicators 'slump'; Ontario chooses 'protection' over austerity; China data mixed; EU downgrades growth & inflation expectations; UST 10yr at 4.47%; gold up, oil little-changed; NZ$1 = 58.9 USc; TWI-5 = 67.5
8
US leading indicators 'slump'; Ontario chooses 'protection' over austerity; China data mixed; EU downgrades growth & inflation expectations; UST 10yr at 4.47%; gold up, oil little-changed; NZ$1 = 58.9 USc; TWI-5 = 67.5
A review of things you need to know before you sign off on Monday; no retail rate changes, service sector weaker, producer prices jump, big fraud case win for SFO/MSD, China data resilient, swaps steepen, NZD stable, & more
19
A review of things you need to know before you sign off on Monday; no retail rate changes, service sector weaker, producer prices jump, big fraud case win for SFO/MSD, China data resilient, swaps steepen, NZD stable, & more
US sovereign rating downgraded; US consumers glum; Walmart warns; eyes on China data dump; Singapore exports jump; EU trade surplus jumps; UST 10yr at 4.44%; gold down, oil firmer; NZ$1 = 58.8 USc; TWI-5 = 67.4
15
US sovereign rating downgraded; US consumers glum; Walmart warns; eyes on China data dump; Singapore exports jump; EU trade surplus jumps; UST 10yr at 4.44%; gold down, oil firmer; NZ$1 = 58.8 USc; TWI-5 = 67.4
[updated]
US consumer sentiment drops hard as tariff taxes bite; Canadian credit conditions tighten; Singapore's exports jump; NZ police make arrest in FBI crypto fraud case; UST 10yr at 4.44%; gold down, oil firmer; NZ$1 = 58.8 USc; TWI-5 = 67.4
14
US consumer sentiment drops hard as tariff taxes bite; Canadian credit conditions tighten; Singapore's exports jump; NZ police make arrest in FBI crypto fraud case; UST 10yr at 4.44%; gold down, oil firmer; NZ$1 = 58.8 USc; TWI-5 = 67.4
A review of things you need to know before you sign off on Friday; no retail rate changes, heavy stock overhang, productivity worse again, PMI expands modestly, inflation expectations turn up, swaps stable, NZD eases, & more
36
A review of things you need to know before you sign off on Friday; no retail rate changes, heavy stock overhang, productivity worse again, PMI expands modestly, inflation expectations turn up, swaps stable, NZD eases, & more
Powell focused on inflation control; US data weaker than expected; Japan machine tool orders rise; EU factories busy; Aussie labour market rises; freight rates rise; UST 10yr at 4.45%; gold up, oil down; NZ$1 = 58.7 USc; TWI-5 = 67.2
7
Powell focused on inflation control; US data weaker than expected; Japan machine tool orders rise; EU factories busy; Aussie labour market rises; freight rates rise; UST 10yr at 4.45%; gold up, oil down; NZ$1 = 58.7 USc; TWI-5 = 67.2
A review of things you need to know before you sign off on Thursday; housing market in winter mode, food prices rise faster, rent pressure eases, NZGBs get demand rush, swaps stable, NZD lower, & more
21
A review of things you need to know before you sign off on Thursday; housing market in winter mode, food prices rise faster, rent pressure eases, NZGBs get demand rush, swaps stable, NZD lower, & more
Canadian data reflects tariff twists; China new yuan loan data weak; Aussie drought extends; ASIC puts Macquarie in its crosshairs for deep problems; UST 10yr at 4.53%; gold falls and oil holds; NZ$1 = 59.1 USc; TWI-5 = 67.6
14
Canadian data reflects tariff twists; China new yuan loan data weak; Aussie drought extends; ASIC puts Macquarie in its crosshairs for deep problems; UST 10yr at 4.53%; gold falls and oil holds; NZ$1 = 59.1 USc; TWI-5 = 67.6
A review of things you need to know before you sign off on Wednesday; a surprise floating rate cut, limp retail, low migration, softer tourism, dairy prices stay up, big SI projects planned, swaps flat, NZD recovers, & more
12
A review of things you need to know before you sign off on Wednesday; a surprise floating rate cut, limp retail, low migration, softer tourism, dairy prices stay up, big SI projects planned, swaps flat, NZD recovers, & more
The Co-operative Bank announces floating rate cut from its already market-leading low, to under 6%. The change is immediate for new customers, but in two weeks for existing ones
The Co-operative Bank announces floating rate cut from its already market-leading low, to under 6%. The change is immediate for new customers, but in two weeks for existing ones
US data mixed with short term gains but longer term worries; India inflation falls; German sentiment rises; Aussie sentiment stays weak; UST 10yr at 4.50%; gold and oil rises NZ$1 = 59.4 USc; TWI-5 = 67.9
4
US data mixed with short term gains but longer term worries; India inflation falls; German sentiment rises; Aussie sentiment stays weak; UST 10yr at 4.50%; gold and oil rises NZ$1 = 59.4 USc; TWI-5 = 67.9