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
Term deposit savers are basking in recent rate rises, drawing in a rush of funds. But in a rising rate market, we look at how that compares to benchmark rates
7th Oct 23, 9:20am
20
Term deposit savers are basking in recent rate rises, drawing in a rush of funds. But in a rising rate market, we look at how that compares to benchmark rates
[updated]
American labour markets stronger than expected; signs carmaker strikes near end; Canada jobs rise too; India tackles excess liquidity; Japanese spending rises; UST 10yr 4.78%; gold up and oil down; NZ$1 = 60 USc; TWI-5 = 70
7th Oct 23, 7:50am
72
American labour markets stronger than expected; signs carmaker strikes near end; Canada jobs rise too; India tackles excess liquidity; Japanese spending rises; UST 10yr 4.78%; gold up and oil down; NZ$1 = 60 USc; TWI-5 = 70
A review of things you need to know before you sign off on Friday; no retail rate changes, more private dwellings, less new policy, SBS 'wins', swaps on hold, NZD firms, & more
6th Oct 23, 3:59pm
46
A review of things you need to know before you sign off on Friday; no retail rate changes, more private dwellings, less new policy, SBS 'wins', swaps on hold, NZD firms, & more
US jobs and trade data resilient; Canada trade data good; Singapore and South Korea doing ok too; Aussie trade data better; commodity & freight rates lower; UST 10yr 4.72%; gold and oil down; NZ$1 = 59.6 USc; TWI-5 = 69.7
6th Oct 23, 7:19am
63
US jobs and trade data resilient; Canada trade data good; Singapore and South Korea doing ok too; Aussie trade data better; commodity & freight rates lower; UST 10yr 4.72%; gold and oil down; NZ$1 = 59.6 USc; TWI-5 = 69.7
A review of things you need to know before you sign off on Thursday; a few home loan rate changes, year-end Govt accounts released, commodity prices up, Tatua shines again, swaps unchanged, NZD firms, & more
5th Oct 23, 3:59pm
60
A review of things you need to know before you sign off on Thursday; a few home loan rate changes, year-end Govt accounts released, commodity prices up, Tatua shines again, swaps unchanged, NZD firms, & more
US data mixed with mortgage applications & jobs data weaker, factory orders and PMIs strong; Japan services strong; China office vacancy levels very weak; UST 10yr 4.74%; gold and oil down; NZ$1 = 59.2 USc; TWI-5 = 69.4
5th Oct 23, 7:19am
79
US data mixed with mortgage applications & jobs data weaker, factory orders and PMIs strong; Japan services strong; China office vacancy levels very weak; UST 10yr 4.74%; gold and oil down; NZ$1 = 59.2 USc; TWI-5 = 69.4
A review of things you need to know before you sign off on Wednesday; no retail rate changes, RBNZ delivers a hawkish hold as expected, dairy prices up, Westpac eases conditions, swaps up, NZD down, & more
4th Oct 23, 3:58pm
35
A review of things you need to know before you sign off on Wednesday; no retail rate changes, RBNZ delivers a hawkish hold as expected, dairy prices up, Westpac eases conditions, swaps up, NZD down, & more
Dairy prices up again; US labour markets strong; bond market faces huge losses; India PMI healthy; Aussie housing wobbles; UST 10yr 4.81%; gold down and oil holds; NZ$1 = 59 USc; TWI-5 = 69.5
4th Oct 23, 7:19am
67
Dairy prices up again; US labour markets strong; bond market faces huge losses; India PMI healthy; Aussie housing wobbles; UST 10yr 4.81%; gold down and oil holds; NZ$1 = 59 USc; TWI-5 = 69.5
Reserve Bank of Australia sings the same tune under new Governor Bullock as with Philip Lowe, says inflation is on the way down, but that there are 'significant uncertainties' especially around persistent services inflation
3rd Oct 23, 4:38pm
3
Reserve Bank of Australia sings the same tune under new Governor Bullock as with Philip Lowe, says inflation is on the way down, but that there are 'significant uncertainties' especially around persistent services inflation
A review of things you need to know before you sign off on Tuesday; Rabobank raises TD rates, Barfoots September nearly at long-run average, QSBO points to softer labour market, NPLs rise, swaps up, NZD lower, & more
3rd Oct 23, 3:59pm
55
A review of things you need to know before you sign off on Tuesday; Rabobank raises TD rates, Barfoots September nearly at long-run average, QSBO points to softer labour market, NPLs rise, swaps up, NZD lower, & more
World Bank cuts 2024 China growth forecast sharply; US PMIs 'better'; Powell focused on full employment; Japan sentiment up; Sydney house prices recover; UST 10yr 4.68%; gold and oil fall; NZ$1 = 59.5 USc; TWI-5 = 69.8
3rd Oct 23, 7:19am
69
World Bank cuts 2024 China growth forecast sharply; US PMIs 'better'; Powell focused on full employment; Japan sentiment up; Sydney house prices recover; UST 10yr 4.68%; gold and oil fall; NZ$1 = 59.5 USc; TWI-5 = 69.8
A review of things you need to know before you sign off on Monday; some retail rate increases, building consents stumble, newer cars sold, fewer listings, longer weather forecasts, swaps up, NZD stays firm, & more
2nd Oct 23, 3:59pm
65
A review of things you need to know before you sign off on Monday; some retail rate increases, building consents stumble, newer cars sold, fewer listings, longer weather forecasts, swaps up, NZD stays firm, & more
The shift to electric cars and hybrids is happening fast. But to make a meaningful dent in our passenger car fleet before 2040, the adoption rate will need to pick up significantly from here
2nd Oct 23, 10:25am
139
The shift to electric cars and hybrids is happening fast. But to make a meaningful dent in our passenger car fleet before 2040, the adoption rate will need to pick up significantly from here
China struggles to regain momentum; Japan retail surges; US manages last-ditch budget compromise; EU inflation retreats; eyes on RBA & RBNZ; UST 10yr 4.58%; gold down again and oil slips; NZ$1 = 60 USc; TWI-5 = 69.9
2nd Oct 23, 7:19am
16
China struggles to regain momentum; Japan retail surges; US manages last-ditch budget compromise; EU inflation retreats; eyes on RBA & RBNZ; UST 10yr 4.58%; gold down again and oil slips; NZ$1 = 60 USc; TWI-5 = 69.9
While the number of mortgage top-ups have fallen, they are still a very popular way of funding big personal projects. And the data suggests they are being used more for home renovations as other uses fall away
30th Sep 23, 10:00am
12
While the number of mortgage top-ups have fallen, they are still a very popular way of funding big personal projects. And the data suggests they are being used more for home renovations as other uses fall away
US shutdown likely; US makes progress on inflation as incomes hold up; Japanese retail sales jump; China on holiday; EU inflation eases; UST 10yr 4.57%; gold down sharply again and oil slips again; NZ$1 = 59.9 USc; TWI-5 = 69.9
30th Sep 23, 7:42am
58
US shutdown likely; US makes progress on inflation as incomes hold up; Japanese retail sales jump; China on holiday; EU inflation eases; UST 10yr 4.57%; gold down sharply again and oil slips again; NZ$1 = 59.9 USc; TWI-5 = 69.9
A review of things you need to know before you sign off on Friday; housing lending lackluster but repricing risk grows, funds flood back to TDs, consumer sentiment surprise, swaps up, NZD firm, & more
29th Sep 23, 3:59pm
104
A review of things you need to know before you sign off on Friday; housing lending lackluster but repricing risk grows, funds flood back to TDs, consumer sentiment surprise, swaps up, NZD firm, & more
The latest ANZ-Roy Morgan survey of consumer sentiment doesn't find much spring in the step of households but it does find some, and in the most surprising places
29th Sep 23, 11:08am
18
The latest ANZ-Roy Morgan survey of consumer sentiment doesn't find much spring in the step of households but it does find some, and in the most surprising places
American data holds up; Canadian earnings advance; German inflation falls; container shipping rates fall again; UST 10yr 4.62%; gold down sharply and oil slips; NZ$1 = 59.7 USc; TWI-5 = 69.6
29th Sep 23, 7:24am
130
American data holds up; Canadian earnings advance; German inflation falls; container shipping rates fall again; UST 10yr 4.62%; gold down sharply and oil slips; NZ$1 = 59.7 USc; TWI-5 = 69.6
A review of things you need to know before you sign off on Thursday: business mood improves but ..., eyes on young people leaving, NZGB bond demand softer, fewer cranes, swaps & NZD stable, & more
28th Sep 23, 3:59pm
54
A review of things you need to know before you sign off on Thursday: business mood improves but ..., eyes on young people leaving, NZGB bond demand softer, fewer cranes, swaps & NZD stable, & more
interest.co.nz is a free service for all - help us stay that way. If you know us, trust us, and value what we do, can we ask you to support us - and Supporters can go ad-free
28th Sep 23, 1:00pm
48
interest.co.nz is a free service for all - help us stay that way. If you know us, trust us, and value what we do, can we ask you to support us - and Supporters can go ad-free
Americans chase yield away from banks; China profits may have bottomed out; Australia has sticky inflation; Aussie job vacancies slip; UST 10yr 4.64%; gold down sharply and oil up; NZ$1 = 59.2 USc; TWI-5 = 69.4
28th Sep 23, 7:19am
72
Americans chase yield away from banks; China profits may have bottomed out; Australia has sticky inflation; Aussie job vacancies slip; UST 10yr 4.64%; gold down sharply and oil up; NZ$1 = 59.2 USc; TWI-5 = 69.4
A review of things you need to know before you sign off on Wednesday; BNZ tweaks up some home loan rates, employment confidence falls, Geneva probed by RBNZ, swaps unchanged, NZD slips, & more
27th Sep 23, 3:59pm
31
A review of things you need to know before you sign off on Wednesday; BNZ tweaks up some home loan rates, employment confidence falls, Geneva probed by RBNZ, swaps unchanged, NZD slips, & more
US worries grow, shutdown closer; Amazon sued for monopoly abuses; China's pall spreads, Dan Andrews quits; UST 10yr 4.55%; gold down and oil unchanged; NZ$1 = 59.6 USc; TWI-5 = 69.5
27th Sep 23, 7:19am
144
US worries grow, shutdown closer; Amazon sued for monopoly abuses; China's pall spreads, Dan Andrews quits; UST 10yr 4.55%; gold down and oil unchanged; NZ$1 = 59.6 USc; TWI-5 = 69.5
A review of things you need to know before you sign off on Tuesday; no retail rate changes, mortgage lending turns up, truckometer not gloomy, benchmark rates jump, NZD firms, & more
26th Sep 23, 3:59pm
37
A review of things you need to know before you sign off on Tuesday; no retail rate changes, mortgage lending turns up, truckometer not gloomy, benchmark rates jump, NZD firms, & more