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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
The Co-operative Bank becomes the first mover on home loan and term deposit rates in 2024, even if most of its changes mirror those made by the majors at the end of last year
10th Jan 24, 2:49pm
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The Co-operative Bank becomes the first mover on home loan and term deposit rates in 2024, even if most of its changes mirror those made by the majors at the end of last year
Barfoot & Thompson's December sales were one of their best in 2023, enabling them to round out 2023 marginally better than the unusually weak 2022. Prices were little-changed
10th Jan 24, 10:26am
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Barfoot & Thompson's December sales were one of their best in 2023, enabling them to round out 2023 marginally better than the unusually weak 2022. Prices were little-changed
US data positive; Taiwan exports soar; Aussie retail solid; global food prices ease; global economic expansion stunted; UST 10yr 4.01%; gold dips and oil recovers; NZ$1 = 62.4 USc; TWI-5 = 70.9
10th Jan 24, 7:22am
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US data positive; Taiwan exports soar; Aussie retail solid; global food prices ease; global economic expansion stunted; UST 10yr 4.01%; gold dips and oil recovers; NZ$1 = 62.4 USc; TWI-5 = 70.9
US inflation expectations retreat; Fed balance sheet shrinks fast; EU sentiment rises; NZ dairy exports to China now tariff-free; UST 10yr 3.98%; gold down and oil slumps; NZ$1 = 62.5 USc; TWI-5 = 70.8
9th Jan 24, 7:19am
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US inflation expectations retreat; Fed balance sheet shrinks fast; EU sentiment rises; NZ dairy exports to China now tariff-free; UST 10yr 3.98%; gold down and oil slumps; NZ$1 = 62.5 USc; TWI-5 = 70.8
[updated]
China's reserves rise, but momentum leaks from car and property markets; Singapore retail recovers; US labour market expands again; German inflation stays high; UST 10yr 4.05%; gold and oil up; NZ$1 = 62.4 USc; TWI-5 = 70.8
8th Jan 24, 7:19am
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China's reserves rise, but momentum leaks from car and property markets; Singapore retail recovers; US labour market expands again; German inflation stays high; UST 10yr 4.05%; gold and oil up; NZ$1 = 62.4 USc; TWI-5 = 70.8
We analyse the the recent changes in mortgage market share and find that while the big five banks' dominance isn't challenged, there are interesting shifts between them
7th Jan 24, 8:00am
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We analyse the the recent changes in mortgage market share and find that while the big five banks' dominance isn't challenged, there are interesting shifts between them
US labour market strength extends; new orders up; Japanese consumer confidence up; Zhongzhi bankrupt; EU inflation sticky; UST 10yr 4.03%; gold little-changed and oil firm; NZ$1 = 62.4 USc; TWI-5 = 70.8
6th Jan 24, 8:33am
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US labour market strength extends; new orders up; Japanese consumer confidence up; Zhongzhi bankrupt; EU inflation sticky; UST 10yr 4.03%; gold little-changed and oil firm; NZ$1 = 62.4 USc; TWI-5 = 70.8
December sales of new cars with traditional internal combustion engines tails off sharply (with commercial vehicles) while the expiring Clean Car Discount turbocharges NEVs
6th Jan 24, 6:43am
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December sales of new cars with traditional internal combustion engines tails off sharply (with commercial vehicles) while the expiring Clean Car Discount turbocharges NEVs
US labour markets signs all positive; China Caixin services PMI rises; German inflation eases; Aussie insurance premium rises rise; freight rates jump; UST 10yr 4.01%; gold up and oil soft; NZ$1 = 62.2 USc; TWI-5 = 70.6
5th Jan 24, 8:36am
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US labour markets signs all positive; China Caixin services PMI rises; German inflation eases; Aussie insurance premium rises rise; freight rates jump; UST 10yr 4.01%; gold up and oil soft; NZ$1 = 62.2 USc; TWI-5 = 70.6
US data uninspiring although retail sales still strong; India's factories expand nicely; China jobs market tough; steam goes out of Aussie housing market; UST 10yr 3.90%; gold down and oil up; NZ$1 = 62.4 USc; TWI-5 = 70.7
4th Jan 24, 8:35am
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US data uninspiring although retail sales still strong; India's factories expand nicely; China jobs market tough; steam goes out of Aussie housing market; UST 10yr 3.90%; gold down and oil up; NZ$1 = 62.4 USc; TWI-5 = 70.7
We looked at all bank term deposit offers in every week for all of 2023 to find the bank consistently offering the highest rates. It was close between two aggressive challenger banks
3rd Jan 24, 3:00pm
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We looked at all bank term deposit offers in every week for all of 2023 to find the bank consistently offering the highest rates. It was close between two aggressive challenger banks
Dairy prices firm; global PMIs weaker; China keeps the stimulus going; sovereign wealth funds struggle; commercial property debt worries rise; UST 10yr 3.95%; gold unchanged and oil lower; NZ$1 = 62.5 USc; TWI-5 = 70.6
3rd Jan 24, 9:00am
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Dairy prices firm; global PMIs weaker; China keeps the stimulus going; sovereign wealth funds struggle; commercial property debt worries rise; UST 10yr 3.95%; gold unchanged and oil lower; NZ$1 = 62.5 USc; TWI-5 = 70.6
2023 was a year when things started returning to 'normal' (whatever that is now). But how will 2024 turn out? Have we consumed our future already? Time to record your 2024 predictions
31st Dec 23, 6:00am
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2023 was a year when things started returning to 'normal' (whatever that is now). But how will 2024 turn out? Have we consumed our future already? Time to record your 2024 predictions
2023 was good for savers and investors; inflation pressures easing quickly, US debt pressure belie critics doom scenarios; UST 10yr 3.88%; gold and oil lower; NZ$1 = 63.4 USc; TWI-5 = 71.1
30th Dec 23, 8:57am
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2023 was good for savers and investors; inflation pressures easing quickly, US debt pressure belie critics doom scenarios; UST 10yr 3.88%; gold and oil lower; NZ$1 = 63.4 USc; TWI-5 = 71.1
US data stable but equity markets at all-time highs; Japanese retail rises; China girds against deflation; eyes on Aussie bank CEO change; UST 10yr 3.85%; gold and oil down; NZ$1 = 63.4 USc; TWI-5 = 71.1
29th Dec 23, 9:03am
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US data stable but equity markets at all-time highs; Japanese retail rises; China girds against deflation; eyes on Aussie bank CEO change; UST 10yr 3.85%; gold and oil down; NZ$1 = 63.4 USc; TWI-5 = 71.1
Good US retail fuels markets; Japan getting inflation the BofJ wants; China factory profits recover; Australia in clover as iron ore price rises; UST 10yr 3.79%; gold up and oil down; NZ$1 = 63.4 USc; TWI-5 = 71.1
28th Dec 23, 9:00am
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Good US retail fuels markets; Japan getting inflation the BofJ wants; China factory profits recover; Australia in clover as iron ore price rises; UST 10yr 3.79%; gold up and oil down; NZ$1 = 63.4 USc; TWI-5 = 71.1
Eyes on China's growth prospects; Taiwan and Singapore deliver positive data; lithium retreats but iron ore gains; UST 10yr 3.89%; gold and oil up; NZ$1 = 63.2 USc; TWI-5 = 71
27th Dec 23, 8:49am
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Eyes on China's growth prospects; Taiwan and Singapore deliver positive data; lithium retreats but iron ore gains; UST 10yr 3.89%; gold and oil up; NZ$1 = 63.2 USc; TWI-5 = 71
US PCE sends positive signals; US durable goods orders jump; Japan's inflation rate eases; Chine cuts TD rates; weaker Aussie loan growth; UST 10yr 3.91%; gold up and oil firms slightly; NZ$1 = 63 USc; TWI-5 = 70.9
23rd Dec 23, 8:55am
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US PCE sends positive signals; US durable goods orders jump; Japan's inflation rate eases; Chine cuts TD rates; weaker Aussie loan growth; UST 10yr 3.91%; gold up and oil firms slightly; NZ$1 = 63 USc; TWI-5 = 70.9
The final week of residential auctions was busier than is usual for the week before Christmas, but the sales rate stayed low as did the prices achieved
23rd Dec 23, 6:00am
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The final week of residential auctions was busier than is usual for the week before Christmas, but the sales rate stayed low as did the prices achieved
US resilience endures; China FDI weaker; Turkey hikes; Argentina tries shock therapy; NZ loan growth limp; freight rates jump; UST 10yr 3.90%; gold up and oil slips slightly; NZ$1 = 62.8 USc; TWI-5 = 70.8
22nd Dec 23, 7:51am
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US resilience endures; China FDI weaker; Turkey hikes; Argentina tries shock therapy; NZ loan growth limp; freight rates jump; UST 10yr 3.90%; gold up and oil slips slightly; NZ$1 = 62.8 USc; TWI-5 = 70.8
[updated]
BNZ responds to the end of year thin slice to some carded fixed home loan rates by ANZ, making some of its own. But BNZ did not trim its term deposit offers as ANZ did
21st Dec 23, 9:12am
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BNZ responds to the end of year thin slice to some carded fixed home loan rates by ANZ, making some of its own. But BNZ did not trim its term deposit offers as ANZ did
US sentiment rises; US current account deficit shrinks; Japan's exports retreat; China property woes go on and on; Aussie leading index stops falling; UST 10yr 3.89%; gold down and oil stays firm; NZ$1 = 62.8 USc; TWI-5 = 71
21st Dec 23, 7:33am
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US sentiment rises; US current account deficit shrinks; Japan's exports retreat; China property woes go on and on; Aussie leading index stops falling; UST 10yr 3.89%; gold down and oil stays firm; NZ$1 = 62.8 USc; TWI-5 = 71
A review of things you need to know before you sign off on Wednesday; ANZ trims rates, consumer sentiment up, dairy prices rise, NZX50 changeout, ASB culls fees, swaps stable, NZD firm, & more
20th Dec 23, 4:04pm
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A review of things you need to know before you sign off on Wednesday; ANZ trims rates, consumer sentiment up, dairy prices rise, NZX50 changeout, ASB culls fees, swaps stable, NZD firm, & more
Dairy prices rise; US housing starts leap; US retail sales stay positive; Canadian CPI eases; RBA minute warnings ignored; UST 10yr 3.92%; gold up and oil stays up; NZ$1 = 62.7 USc; TWI-5 = 70.8
20th Dec 23, 7:22am
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Dairy prices rise; US housing starts leap; US retail sales stay positive; Canadian CPI eases; RBA minute warnings ignored; UST 10yr 3.92%; gold up and oil stays up; NZ$1 = 62.7 USc; TWI-5 = 70.8
In a pre-Christmas move, our largest bank trims some key mortgage rates, and some not-so-key term deposit offers. Given where wholesale rates have been trending, this may be the start of a move down across the board
19th Dec 23, 5:55pm
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In a pre-Christmas move, our largest bank trims some key mortgage rates, and some not-so-key term deposit offers. Given where wholesale rates have been trending, this may be the start of a move down across the board