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 Thursday; TD rates rise, household inflation higher, NZGBs very popular, swaps on hold, NZD rises, & more
27th Jul 23, 3:59pm
64
A review of things you need to know before you sign off on Thursday; TD rates rise, household inflation higher, NZGBs very popular, swaps on hold, NZD rises, & more
[updated]
Higher interest rate offers are motivating savers into term deposits at a faster rate. And the trend may speed up if the big banks crack the 6% mark
27th Jul 23, 1:48pm
90
Higher interest rate offers are motivating savers into term deposits at a faster rate. And the trend may speed up if the big banks crack the 6% mark
The US Fed raised its rates again, now a 22 year high; Singapore industrial production rises; EU bank lending soft; Aussie inflation eases only marginally; UST 10yr 3.85%; gold up and oil down; NZ$1 = 62.2 USc; TWI-5 = 69.9
27th Jul 23, 7:20am
107
The US Fed raised its rates again, now a 22 year high; Singapore industrial production rises; EU bank lending soft; Aussie inflation eases only marginally; UST 10yr 3.85%; gold up and oil down; NZ$1 = 62.2 USc; TWI-5 = 69.9
[updated]
A review of things you need to know before you sign off on Wednesday; no retail rate changes but a flurry of other news including LGFA's first overseas borrowing, interest paid on mortgages up +48%, swaps and NZD stable, & very much more
26th Jul 23, 3:59pm
58
A review of things you need to know before you sign off on Wednesday; no retail rate changes but a flurry of other news including LGFA's first overseas borrowing, interest paid on mortgages up +48%, swaps and NZD stable, & very much more
IMF upgrades all majors except China; US sentiment improves; Beijing changes leadership but makes no bit stimulus announcements; UST 10yr 3.91%; gold and oil up; NZ$1 = 62.2 USc; TWI-5 = 69.9
26th Jul 23, 7:18am
87
IMF upgrades all majors except China; US sentiment improves; Beijing changes leadership but makes no bit stimulus announcements; UST 10yr 3.91%; gold and oil up; NZ$1 = 62.2 USc; TWI-5 = 69.9
A review of things you need to know before you sign off on Tuesday; home loan affordability isn't improving, Truckometer suggests no recession, Auckland's $4 bln hit, swaps firm, NZD up, & more
25th Jul 23, 3:59pm
73
A review of things you need to know before you sign off on Tuesday; home loan affordability isn't improving, Truckometer suggests no recession, Auckland's $4 bln hit, swaps firm, NZD up, & more
US PMI expansion turns modest; US junk bond downgrades rise; Japan PMI shows good expansion; Taiwanese data mixed; Aussie PMIs softer; UST 10yr 3.86%; gold down and oil up; NZ$1 = 62 USc; TWI-5 = 69.8
25th Jul 23, 7:19am
86
US PMI expansion turns modest; US junk bond downgrades rise; Japan PMI shows good expansion; Taiwanese data mixed; Aussie PMIs softer; UST 10yr 3.86%; gold down and oil up; NZ$1 = 62 USc; TWI-5 = 69.8
A review of things you need to know before you sign off on Monday; many mortgage rates increases, a few TD rate increases, tiny trade surplus, seeking more Tier 2 capital, swaps and NZD stable, & more
24th Jul 23, 3:59pm
83
A review of things you need to know before you sign off on Monday; many mortgage rates increases, a few TD rate increases, tiny trade surplus, seeking more Tier 2 capital, swaps and NZD stable, & more
Voters wanting to make their election decision based on policy positions now have a unique resource allowing them an easy way to compare party positions
24th Jul 23, 1:05pm
66
Voters wanting to make their election decision based on policy positions now have a unique resource allowing them an easy way to compare party positions
Car industry the first to get big new Beijing support; Japan inflation higher than the US; US cattle herd shrinks, as do office building values; eyes on Spain; UST 10yr 3.84%; gold and oil on hold; NZ$1 = 61.7 USc; TWI-5 = 69.5
24th Jul 23, 7:20am
125
Car industry the first to get big new Beijing support; Japan inflation higher than the US; US cattle herd shrinks, as do office building values; eyes on Spain; UST 10yr 3.84%; gold and oil on hold; NZ$1 = 61.7 USc; TWI-5 = 69.5
China corporate earnings weak; Japan CPI inflation up; Russia hikes rates; US cattle herd shrinks; commercial property woes rise faster; UST 10yr 3.84%; gold down and oil up; NZ$1 = 61.7 USc; TWI-5 = 69.5
22nd Jul 23, 8:14am
63
China corporate earnings weak; Japan CPI inflation up; Russia hikes rates; US cattle herd shrinks; commercial property woes rise faster; UST 10yr 3.84%; gold down and oil up; NZ$1 = 61.7 USc; TWI-5 = 69.5
A review of things you need to know before you sign off on Friday; TD rates push up over 6%, job ads go soft, courts tackle breaches, credit rating downgraded, swaps litt-changed, NZD softer, & more
21st Jul 23, 4:00pm
66
A review of things you need to know before you sign off on Friday; TD rates push up over 6%, job ads go soft, courts tackle breaches, credit rating downgraded, swaps litt-changed, NZD softer, & more
US labour market stays tight but other metrics weaken; Japanese exports rise but Taiwanese export orders crash; Aussie labour market very strong; UST 10yr 3.85%; gold down and oil unchanged; NZ$1 = 62.3 USc; TWI-5 = 69.9
21st Jul 23, 7:23am
78
US labour market stays tight but other metrics weaken; Japanese exports rise but Taiwanese export orders crash; Aussie labour market very strong; UST 10yr 3.85%; gold down and oil unchanged; NZ$1 = 62.3 USc; TWI-5 = 69.9
A review of things you need to know before you sign off on Thursday; more retail rate changes, dairy price falls bring payout forecast cut, GHG emissions fall, swaps up NZD stable, & more
20th Jul 23, 3:59pm
64
A review of things you need to know before you sign off on Thursday; more retail rate changes, dairy price falls bring payout forecast cut, GHG emissions fall, swaps up NZD stable, & more
New US housing starts soft; China FDI weak drawing support pledge; EU and UK CPI inflation eases; wholesale markets build back chance of another OCR hike; UST 10yr 3.75%; gold up and oil unchanged; NZ$1 = 62.5 USc; TWI-5 = 70
20th Jul 23, 7:20am
131
New US housing starts soft; China FDI weak drawing support pledge; EU and UK CPI inflation eases; wholesale markets build back chance of another OCR hike; UST 10yr 3.75%; gold up and oil unchanged; NZ$1 = 62.5 USc; TWI-5 = 70
A review of things you need to know before you sign off on Wednesday; some more mortgage rate rises, CPI fall less than it seems, dairy price fall risks payout drop, swaps stable, NZD dips, & more
19th Jul 23, 3:59pm
52
A review of things you need to know before you sign off on Wednesday; some more mortgage rate rises, CPI fall less than it seems, dairy price fall risks payout drop, swaps stable, NZD dips, & more
Dairy prices fall again; US data tame although housebuilding stirs again; Canadian CPI falls back into policy band; eyes on NZ CPI; UST 10yr 3.80%; gold and oil up; NZ$1 = 62.8 USc; TWI-5 = 70
19th Jul 23, 7:21am
31
Dairy prices fall again; US data tame although housebuilding stirs again; Canadian CPI falls back into policy band; eyes on NZ CPI; UST 10yr 3.80%; gold and oil up; NZ$1 = 62.8 USc; TWI-5 = 70
[updated]
A review of things you need to know before you sign off on Tuesday; ANZ launches $250 mln climate loan fund; mixed merchant trading conditions, Aussie 'hold' may be temporary, swaps stable, NZD lower, & more
18th Jul 23, 4:00pm
51
A review of things you need to know before you sign off on Tuesday; ANZ launches $250 mln climate loan fund; mixed merchant trading conditions, Aussie 'hold' may be temporary, swaps stable, NZD lower, & more
Fewer Americans apply for consumer debt; China's growth disappoints; Singapore rocked by more scandal; APRA tackles unlisted valuations; UST 10yr 3.80%; gold stable and oil lower; NZ$1 = 63.4 USc; TWI-5 = 70.7
18th Jul 23, 7:19am
41
Fewer Americans apply for consumer debt; China's growth disappoints; Singapore rocked by more scandal; APRA tackles unlisted valuations; UST 10yr 3.80%; gold stable and oil lower; NZ$1 = 63.4 USc; TWI-5 = 70.7
[updated]
A review of things you need to know before you sign off on Monday; SBS leads with big TD offer, services stutter, tractor sales weak, settlement account balances fall, swaps slip, NZD holds, & more
17th Jul 23, 3:59pm
73
A review of things you need to know before you sign off on Monday; SBS leads with big TD offer, services stutter, tractor sales weak, settlement account balances fall, swaps slip, NZD holds, & more
China house prices slip; US sentiment improves; Singapore avoids recession; global heat waves signal insurance crisis; Aussie REIT limits redemptions; UST 10yr 3.83%; gold down and oil stable; NZ$1 = 63.7 USc; TWI-5 = 71
17th Jul 23, 7:19am
71
China house prices slip; US sentiment improves; Singapore avoids recession; global heat waves signal insurance crisis; Aussie REIT limits redemptions; UST 10yr 3.83%; gold down and oil stable; NZ$1 = 63.7 USc; TWI-5 = 71
US consumer mood improves; US corporate earnings positive; Singapore rocked by graft scandal; heat a killer; Bullock new RBA boss; UST 10yr 3.83%; gold stable and oil down; NZ$1 = 63.8 USc; TWI-5 = 71
15th Jul 23, 8:35am
20
US consumer mood improves; US corporate earnings positive; Singapore rocked by graft scandal; heat a killer; Bullock new RBA boss; UST 10yr 3.83%; gold stable and oil down; NZ$1 = 63.8 USc; TWI-5 = 71
SBS Bank pushes its one year term deposit rate offer to a 15 year high of 6.5% and well above every other bank. We are moving into an unfamiliar zone where some TD offers are higher than inflation
14th Jul 23, 4:30pm
30
SBS Bank pushes its one year term deposit rate offer to a 15 year high of 6.5% and well above every other bank. We are moving into an unfamiliar zone where some TD offers are higher than inflation
US producer prices fall but jobless claims stay low; China exports dive and investment flows out; Australian inflation expectations high & sticky; UST 10yr 3.76%; gold and oil up; NZ$1 = 63.9 USc; TWI-5 = 71
14th Jul 23, 8:46am
68
US producer prices fall but jobless claims stay low; China exports dive and investment flows out; Australian inflation expectations high & sticky; UST 10yr 3.76%; gold and oil up; NZ$1 = 63.9 USc; TWI-5 = 71
A review of things you need to know before you sign off on Thursday; BNZ ups floating rate, REINZ data suggests trough reached; food prices jump; factories in long slump, swaps fall, NZD rises, & more
13th Jul 23, 3:59pm
41
A review of things you need to know before you sign off on Thursday; BNZ ups floating rate, REINZ data suggests trough reached; food prices jump; factories in long slump, swaps fall, NZD rises, & more