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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
A review of things you need to know before you sign off on Thursday: the flood of retail rate changes continues, CPI at 2.5%, job ad activity limp, Tourism Holdings hammered, swaps stable, gold rises further, NZD firmish, & more
17th Apr 25, 3:59pm
17
A review of things you need to know before you sign off on Thursday: the flood of retail rate changes continues, CPI at 2.5%, job ad activity limp, Tourism Holdings hammered, swaps stable, gold rises further, NZD firmish, & more
As term deposit offer rates sink, real after-tax, after-inflation yields are vanishing. Taxpayer guarantees reducing the risk premiums aren't helping. Savers are barely breaking even, making short term TD's a poor investment
17th Apr 25, 11:00am
38
As term deposit offer rates sink, real after-tax, after-inflation yields are vanishing. Taxpayer guarantees reducing the risk premiums aren't helping. Savers are barely breaking even, making short term TD's a poor investment
Tariffs start to affect US data; Fed in a tough spot; markets recoil; Canada stops cutting; China claims steady growth, but housing still a big issue; UST 10yr at 4.27%; gold leaps and oil firm; NZ$1 = 59.3 USc; TWI-5 = 67.6
17th Apr 25, 7:19am
65
Tariffs start to affect US data; Fed in a tough spot; markets recoil; Canada stops cutting; China claims steady growth, but housing still a big issue; UST 10yr at 4.27%; gold leaps and oil firm; NZ$1 = 59.3 USc; TWI-5 = 67.6
A review of things you need to know before you sign off on Wednesday; flood of retail rate cuts, tractor drought, earnings downgrades, dairy prices suffer from USD pricing, ANZ changes its tune, swaps stable, NZD holds, & more
16th Apr 25, 3:59pm
12
A review of things you need to know before you sign off on Wednesday; flood of retail rate cuts, tractor drought, earnings downgrades, dairy prices suffer from USD pricing, ANZ changes its tune, swaps stable, NZD holds, & more
[updated]
Home loan rates are being inched lower in response to competitive pressures and uncertain loan demand. BNZ's latest reductions match other rivals who moved recently, with a little extra cut for an 18 month term
16th Apr 25, 9:50am
6
Home loan rates are being inched lower in response to competitive pressures and uncertain loan demand. BNZ's latest reductions match other rivals who moved recently, with a little extra cut for an 18 month term
Dairy price gains undone by sinking USD; US sees more inflation less activity; Canadian inflation eases; Indian inflation falls; China targets Boeing; UST 10yr at 4.33%; gold and oil firm; NZ$1 = 59.1 USc; TWI-5 = 67.6
16th Apr 25, 7:27am
39
Dairy price gains undone by sinking USD; US sees more inflation less activity; Canadian inflation eases; Indian inflation falls; China targets Boeing; UST 10yr at 4.33%; gold and oil firm; NZ$1 = 59.1 USc; TWI-5 = 67.6
[updated]
A review of things you need to know before you sign off on Tuesday; not seeing housing market upturn yet, food prices rise, real-time GDP tool launched, holidays more expensive, swaps stable, NZD rises, & more
15th Apr 25, 3:59pm
22
A review of things you need to know before you sign off on Tuesday; not seeing housing market upturn yet, food prices rise, real-time GDP tool launched, holidays more expensive, swaps stable, NZD rises, & more
[updated]
ANZ pushes down term deposit rates, seemingly confident rivals will follow even though the gap with those rivals is unusually wide. Kiwibank follows with comprehensive cuts. Low loan demand bolsters their shift
15th Apr 25, 8:30am
1
ANZ pushes down term deposit rates, seemingly confident rivals will follow even though the gap with those rivals is unusually wide. Kiwibank follows with comprehensive cuts. Low loan demand bolsters their shift
US consumers see higher prices, fewer jobs; Washington becomes a crime center; Canada rethinks rate cut track; China reaps huge trade benefit from tariff threats; UST 10yr at 4.37%; gold and oil dip; NZ$1 = 58.8 USc; TWI-5 = 67.3
15th Apr 25, 7:19am
14
US consumers see higher prices, fewer jobs; Washington becomes a crime center; Canada rethinks rate cut track; China reaps huge trade benefit from tariff threats; UST 10yr at 4.37%; gold and oil dip; NZ$1 = 58.8 USc; TWI-5 = 67.3
[updated]
New round of retail interest rate cuts starts, and it is savers who will be paying for the reductions in home loan rates. All the influences on wholesale rates are negative
14th Apr 25, 5:30pm
8
New round of retail interest rate cuts starts, and it is savers who will be paying for the reductions in home loan rates. All the influences on wholesale rates are negative
[updated]
A review of things you need to know before you sign off on Monday; more retail rate tweaks, migration turns up, retail & services softer than expected; no grocery cost pressure, eyes on fertiliser costs, swaps stable, NZD firm, & more
14th Apr 25, 3:59pm
36
A review of things you need to know before you sign off on Monday; more retail rate tweaks, migration turns up, retail & services softer than expected; no grocery cost pressure, eyes on fertiliser costs, swaps stable, NZD firm, & more
[updated]
China retaliates for extra US tariffs; Trump in tariff u-turn; US consumer mood darkens; credit crunch watch; north China battles unusual cold; India slows; UST 10yr at 4.50%; gold and oil unchanged; NZ$1 = 58.3 USc; TWI = 66.9
14th Apr 25, 7:19am
12
China retaliates for extra US tariffs; Trump in tariff u-turn; US consumer mood darkens; credit crunch watch; north China battles unusual cold; India slows; UST 10yr at 4.50%; gold and oil unchanged; NZ$1 = 58.3 USc; TWI = 66.9
China hits back as US-China trade now pointless; US consumers turn very glum; credit crunch coming for non-prime US business; China faces its own debt stress; UST 10yr at 4.49%; gold and oil up; NZ$1 = 58.2 USc; TWI = 66.9
12th Apr 25, 8:21am
41
China hits back as US-China trade now pointless; US consumers turn very glum; credit crunch coming for non-prime US business; China faces its own debt stress; UST 10yr at 4.49%; gold and oil up; NZ$1 = 58.2 USc; TWI = 66.9
A review of things you need to know before you sign off on Friday; Some savings rates move down, rents stable, factories expanding, FMA files charges against ex-broker, oil falls, gold jumps, swaps stable, NZD rises, & more
11th Apr 25, 4:00pm
20
A review of things you need to know before you sign off on Friday; Some savings rates move down, rents stable, factories expanding, FMA files charges against ex-broker, oil falls, gold jumps, swaps stable, NZD rises, & more
US inflation falls on big oil price drop; US federal deficit back to Trump-I depths; Taiwanese exports surge; China in deflation again; Aussies face higher inflation; UST 10yr at 4.40%; gold up and oil down; NZ$1 = 57.4 USc; TWI = 66.5
11th Apr 25, 7:22am
54
US inflation falls on big oil price drop; US federal deficit back to Trump-I depths; Taiwanese exports surge; China in deflation again; Aussies face higher inflation; UST 10yr at 4.40%; gold up and oil down; NZ$1 = 57.4 USc; TWI = 66.5
[updated]
A review of things you need to know before you sign off on Thursday; no fixed rate mortgage changes, slightly smaller households, trucks busy, pyramid scam alert, China in deflation, swaps waver, NZD jumps, & more
10th Apr 25, 3:59pm
32
A review of things you need to know before you sign off on Thursday; no fixed rate mortgage changes, slightly smaller households, trucks busy, pyramid scam alert, China in deflation, swaps waver, NZD jumps, & more
Trump makes tariff u-turn for most; equities rise on emotional reaction; China retaliates and Trump can't help himself; bond yields zoom higher; UST 10yr at 4.40%; gold and oil up; NZ$1 = 56.2 USc; TWI = 65.8
10th Apr 25, 7:19am
57
Trump makes tariff u-turn for most; equities rise on emotional reaction; China retaliates and Trump can't help himself; bond yields zoom higher; UST 10yr at 4.40%; gold and oil up; NZ$1 = 56.2 USc; TWI = 65.8
[updated]
A review of things you need to know before you sign off on Wednesday; banks react to OCR cut, housing overstock grows, construction inflation vanishes, Govt to force more diesel resilience, swaps lower, NZD very low, & more
9th Apr 25, 3:59pm
17
A review of things you need to know before you sign off on Wednesday; banks react to OCR cut, housing overstock grows, construction inflation vanishes, Govt to force more diesel resilience, swaps lower, NZD very low, & more
Although most rate changes focused on home loan floating and savings account rates, there was a first trimming of term deposit rates by SBS Bank. They won't be the last
9th Apr 25, 3:43pm
Although most rate changes focused on home loan floating and savings account rates, there was a first trimming of term deposit rates by SBS Bank. They won't be the last
[updated]
Banks quick out of the blocks with cuts to floating home loan rates - and they are also cutting savings account rates
9th Apr 25, 2:06pm
Banks quick out of the blocks with cuts to floating home loan rates - and they are also cutting savings account rates
[updated]
Wall Street titans turn on Trump; US sentiment falls as prices rise; iron ore price drops; China resists US pressure; Australian sentiment retreats; UST 10yr at 4.25%; gold up and oil down; NZ$1 = 55.5 USc; TWI = 65.6
9th Apr 25, 7:19am
56
Wall Street titans turn on Trump; US sentiment falls as prices rise; iron ore price drops; China resists US pressure; Australian sentiment retreats; UST 10yr at 4.25%; gold up and oil down; NZ$1 = 55.5 USc; TWI = 65.6
[updated]
A review of things you need to know before you sign off on Tuesday; rates market awaits the RBNZ, economic recovery subdued, QV sees housing values becalmed, Hawkesby gets a 6 month term, swaps hold, NZD little-changed, & more
8th Apr 25, 4:00pm
26
A review of things you need to know before you sign off on Tuesday; rates market awaits the RBNZ, economic recovery subdued, QV sees housing values becalmed, Hawkesby gets a 6 month term, swaps hold, NZD little-changed, & more
Wall Street opens with whipsaw trade; EU mulls retaliation still, and faces an "urgent problem"; Australia faces "significant economic uncertainty"; UST 10yr at 4.15%; gold and oil fall further; NZ$1 = 55.5 USc; TWI = 65.5
8th Apr 25, 7:19am
33
Wall Street opens with whipsaw trade; EU mulls retaliation still, and faces an "urgent problem"; Australia faces "significant economic uncertainty"; UST 10yr at 4.15%; gold and oil fall further; NZ$1 = 55.5 USc; TWI = 65.5
A review of things you need to know before you sign off on Monday; Kiwibank joins the others at 4.99%, IRD intensifies it audit activity, more dwellings for renters; markets fall further, swaps drop, NZD weak, & more
7th Apr 25, 3:59pm
36
A review of things you need to know before you sign off on Monday; Kiwibank joins the others at 4.99%, IRD intensifies it audit activity, more dwellings for renters; markets fall further, swaps drop, NZD weak, & more
[updated]
Punch and counterpunch as tariff battle sets up a slow attritional decline; Powell sees stagflation; commodity prices dive with equities, bonds and currencies; UST 10yr at 4.00%; gold and oil stay down; NZ$1 = 55.9 USc; TWI = 65.8
7th Apr 25, 7:20am
22
Punch and counterpunch as tariff battle sets up a slow attritional decline; Powell sees stagflation; commodity prices dive with equities, bonds and currencies; UST 10yr at 4.00%; gold and oil stay down; NZ$1 = 55.9 USc; TWI = 65.8