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 Friday; many floating rate rises, some TD hikes, factories contracting now, political poll update, China suffers huge momentum retreat, swaps unchanged, NZD firm, & more
15th Jul 22, 3:59pm
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A review of things you need to know before you sign off on Friday; many floating rate rises, some TD hikes, factories contracting now, political poll update, China suffers huge momentum retreat, swaps unchanged, NZD firm, & more
US jobless claims rise along with PPI; But US petrol prices fall; China sentiment sag piles pressure on Beijing; Singapore stumbles; Aussie jobs jump; UST 10yr 2.96%; gold and oil fall; NZ$1 = 61.1 USc; TWI-5 = 70.6
15th Jul 22, 7:19am
143
US jobless claims rise along with PPI; But US petrol prices fall; China sentiment sag piles pressure on Beijing; Singapore stumbles; Aussie jobs jump; UST 10yr 2.96%; gold and oil fall; NZ$1 = 61.1 USc; TWI-5 = 70.6
A review of things you need to know before you sign off on Thursday; floating rate rises start to come through, TD rates up too, HPI sinks, wealth withers, winter ills motivate Govt, swaps up, NZD holds, & more
14th Jul 22, 3:59pm
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A review of things you need to know before you sign off on Thursday; floating rate rises start to come through, TD rates up too, HPI sinks, wealth withers, winter ills motivate Govt, swaps up, NZD holds, & more
The terms and conditions for extra home loan repayments or lump sum payments differ between banks, with some much more generous than others
14th Jul 22, 2:25pm
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The terms and conditions for extra home loan repayments or lump sum payments differ between banks, with some much more generous than others
[updated]
Following a third consecutive 50 bps RBNZ OCR hike accompanied by a hawkish outlook, banks have started to raise their floating rates - the first from BNZ, then Kiwibank
14th Jul 22, 9:23am
20
Following a third consecutive 50 bps RBNZ OCR hike accompanied by a hawkish outlook, banks have started to raise their floating rates - the first from BNZ, then Kiwibank
US inflation hits 40 year high; US budget deficit shrinks fast; Canada goes the whole hog; IMF warns over slow reactions; China banks face tough tests; UST 10yr 2.91%; gold up and oil unchanged; NZ$1 = 61.6 USc; TWI-5 = 70.6
14th Jul 22, 7:31am
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US inflation hits 40 year high; US budget deficit shrinks fast; Canada goes the whole hog; IMF warns over slow reactions; China banks face tough tests; UST 10yr 2.91%; gold up and oil unchanged; NZ$1 = 61.6 USc; TWI-5 = 70.6
[updated]
A review of things you need to know before you sign off on Wednesday; waiting for the retail reaction to the OCR hike, food price up, house sales cool, rent rises mixed, swaps lower, NZD unchanged, & more
13th Jul 22, 3:59pm
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A review of things you need to know before you sign off on Wednesday; waiting for the retail reaction to the OCR hike, food price up, house sales cool, rent rises mixed, swaps lower, NZD unchanged, & more
US inflation expectations rise, but so does retail activity, including imports from China; China reveals highway building plans; Aussie business sentiment slips; new FMD risk; UST 10yr 2.95%; gold and oil drop; NZ$1 = 61.4 USc; TWI-5 = 70.5
13th Jul 22, 7:26am
133
US inflation expectations rise, but so does retail activity, including imports from China; China reveals highway building plans; Aussie business sentiment slips; new FMD risk; UST 10yr 2.95%; gold and oil drop; NZ$1 = 61.4 USc; TWI-5 = 70.5
A review of things you need to know before you sign off on Tuesday; minor rate changes ahead of the OCR review, net immigration loss, visitor growth modest, farmers glum, swaps waiting for RBNZ, NZD stable, & more
12th Jul 22, 3:59pm
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A review of things you need to know before you sign off on Tuesday; minor rate changes ahead of the OCR review, net immigration loss, visitor growth modest, farmers glum, swaps waiting for RBNZ, NZD stable, & more
Earnings report expectations low; Japan machine tool order growth high; China pumps out bank debt; bank run protests break out in China; new FMD risk; UST 10yr 2.99%; gold and oil lower; NZ$1 = 61.3 USc; TWI-5 = 70.4
12th Jul 22, 7:24am
143
Earnings report expectations low; Japan machine tool order growth high; China pumps out bank debt; bank run protests break out in China; new FMD risk; UST 10yr 2.99%; gold and oil lower; NZ$1 = 61.3 USc; TWI-5 = 70.4
A review of things you need to know before you sign off on Monday; chunky mortgage and TD moves by 2 banks, retail spending stalls, Rebecca Stevenson joins, swaps up, NZD stable, & more
11th Jul 22, 3:59pm
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A review of things you need to know before you sign off on Monday; chunky mortgage and TD moves by 2 banks, retail spending stalls, Rebecca Stevenson joins, swaps up, NZD stable, & more
Kiwibank offers 4% for a one year term deposit, 7-years after the last time it had such an offer. Challenger banks are now offering higher one-year rates as rate curve moves higher
11th Jul 22, 10:08am
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Kiwibank offers 4% for a one year term deposit, 7-years after the last time it had such an offer. Challenger banks are now offering higher one-year rates as rate curve moves higher
China's CPI rise highest in 23 months but growth fades; Taiwan exports very strong; US jobs expand faster; world food prices stop rising; UST 10yr 3.08%; gold and oil dip; NZ$1 = 61.9 USc; TWI-5 = 70.6
11th Jul 22, 7:19am
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China's CPI rise highest in 23 months but growth fades; Taiwan exports very strong; US jobs expand faster; world food prices stop rising; UST 10yr 3.08%; gold and oil dip; NZ$1 = 61.9 USc; TWI-5 = 70.6
Strong US jobs growth; consumer debt rise mellows; Canada's jobs turn full-time; China struggles in industrial heartland; Aussie flood costs high; UST 10yr 3.08%; gold and oil up; NZ$1 = 61.9 USc; TWI-5 = 70.6
9th Jul 22, 8:52am
34
Strong US jobs growth; consumer debt rise mellows; Canada's jobs turn full-time; China struggles in industrial heartland; Aussie flood costs high; UST 10yr 3.08%; gold and oil up; NZ$1 = 61.9 USc; TWI-5 = 70.6
A review of things you need to know before you sign off on Friday; ASB cuts too, traffic slow, retail weak, more FLP draws, NZ & AU talk more usefully, swaps firm, NZD unchanged, & more
8th Jul 22, 3:59pm
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A review of things you need to know before you sign off on Friday; ASB cuts too, traffic slow, retail weak, more FLP draws, NZ & AU talk more usefully, swaps firm, NZD unchanged, & more
ASB the last main bank to follow ANZ down with a cut to its 2yr fixed home loan rate offer, cuts 1yr rate too. Challenger banks make changes as well, leaving TSB with the most competitive full rate card
8th Jul 22, 9:31am
27
ASB the last main bank to follow ANZ down with a cut to its 2yr fixed home loan rate offer, cuts 1yr rate too. Challenger banks make changes as well, leaving TSB with the most competitive full rate card
US trade data positive; China's fx reserves fall; huge Aussie trade surplus record; China's pandemic struggle extends; UST 10yr 3.01%; gold and oil firm; NZ$1 = 61.7 USc; TWI-5 = 70.5
8th Jul 22, 7:19am
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US trade data positive; China's fx reserves fall; huge Aussie trade surplus record; China's pandemic struggle extends; UST 10yr 3.01%; gold and oil firm; NZ$1 = 61.7 USc; TWI-5 = 70.5
A review of things you need to know before you sign off on Thursday; no retail rate changes, big NZGB action, ANZ preference share offer popular, swaps tick up, NZD firm, & more
7th Jul 22, 3:59pm
26
A review of things you need to know before you sign off on Thursday; no retail rate changes, big NZGB action, ANZ preference share offer popular, swaps tick up, NZD firm, & more
US data generally upbeat; But the Fed's inflation concerns grow; Germany factory orders rise; energy cost surges give global challenge; UST 10yr 2.90%; gold and oil lower; NZ$1 = 61.5 USc; TWI-5 = 70.3
7th Jul 22, 7:20am
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US data generally upbeat; But the Fed's inflation concerns grow; Germany factory orders rise; energy cost surges give global challenge; UST 10yr 2.90%; gold and oil lower; NZ$1 = 61.5 USc; TWI-5 = 70.3
A review of things you need to know before you sign off on Wednesday; others follow ANZ's 2yr fixed rate cut, lower dairy prices, fewer job ads, higher tax inflation, labour force growth stalls, swaps drop, NZD holds, & more
6th Jul 22, 3:59pm
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A review of things you need to know before you sign off on Wednesday; others follow ANZ's 2yr fixed rate cut, lower dairy prices, fewer job ads, higher tax inflation, labour force growth stalls, swaps drop, NZD holds, & more
[updated]
Dairy prices fall with other commodities. But US, Chinese, and Japanese data strengthens; tech under fire; more Aussie rate rising coming; UST 10yr 2.80%; gold down and oil drops hard; NZ$1 = 61.4 USc; TWI-5 = 70.1
6th Jul 22, 7:19am
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Dairy prices fall with other commodities. But US, Chinese, and Japanese data strengthens; tech under fire; more Aussie rate rising coming; UST 10yr 2.80%; gold down and oil drops hard; NZ$1 = 61.4 USc; TWI-5 = 70.1
A review of things you need to know before you sign off on Tuesday; we are back after a painful outage. ANZ cuts a key rate, confidence slips, spending soft, RBA raises +50 bps, swaps up, NZD mixed, & more
5th Jul 22, 9:14pm
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A review of things you need to know before you sign off on Tuesday; we are back after a painful outage. ANZ cuts a key rate, confidence slips, spending soft, RBA raises +50 bps, swaps up, NZD mixed, & more
[updated]
Volatile wholesale interest rates have induced ANZ to cut its key 2 year home loan rate, now well below its main rivals, but not quite back to where where it was at the end of May. Westpac and BNZ follow, BNZ goes lower
5th Jul 22, 9:28am
18
Volatile wholesale interest rates have induced ANZ to cut its key 2 year home loan rate, now well below its main rivals, but not quite back to where where it was at the end of May. Westpac and BNZ follow, BNZ goes lower
Commodity prices move lower; China halves car tax; more additives found in Chinese milk; Turkey inflation almost +80%; Aussie building permits jump; UST 10yr 2.89%; gold down and oil up; NZ$1 = 62.1 USc; TWI-5 = 70.3
5th Jul 22, 7:19am
12
Commodity prices move lower; China halves car tax; more additives found in Chinese milk; Turkey inflation almost +80%; Aussie building permits jump; UST 10yr 2.89%; gold down and oil up; NZ$1 = 62.1 USc; TWI-5 = 70.3
[updated]
A review of things you need to know before you sign off on Monday; Barfoot's sales volumes very low, Du Val loses in court, ANZ sets pref share margin, Aussie data impresses, swap rates tumble, NZD holds, & more
4th Jul 22, 3:59pm
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A review of things you need to know before you sign off on Monday; Barfoot's sales volumes very low, Du Val loses in court, ANZ sets pref share margin, Aussie data impresses, swap rates tumble, NZD holds, & more