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
[updated]
Challenger banks continue to push up one year term deposit offers, now as high as 4.2%, with five year offers out to 4.75%. But the 4% threshold hasn't yet been breached for terms under one year
21st Jul 22, 10:44am
37
Challenger banks continue to push up one year term deposit offers, now as high as 4.2%, with five year offers out to 4.75%. But the 4% threshold hasn't yet been breached for terms under one year
US housing market activity shrinks; Canada's inflation rise tops out; China road freight weak; EU confidence dives; Aussie leading index weak; UST 10yr 3.03%; gold and oil down; NZ$1 = 62.3 USc; TWI-5 = 71.1
21st Jul 22, 7:23am
66
US housing market activity shrinks; Canada's inflation rise tops out; China road freight weak; EU confidence dives; Aussie leading index weak; UST 10yr 3.03%; gold and oil down; NZ$1 = 62.3 USc; TWI-5 = 71.1
[updated]
A review of things you need to know before you sign off on Wednesday; minor retail rate rises only, dairy prices slip, GHG emissions fall, FMD risks rise, equities surge, swaps up, NZD rises, & more
20th Jul 22, 3:59pm
46
A review of things you need to know before you sign off on Wednesday; minor retail rate rises only, dairy prices slip, GHG emissions fall, FMD risks rise, equities surge, swaps up, NZD rises, & more
Dairy prices fall again; US data positive and Wall Street roars; China's household savings impulse rises; EMs suffer high inflation and weak currencies; UST 10yr 3.01%; gold stable and oil up; NZ$1 = 62.3 USc; TWI-5 = 71
20th Jul 22, 7:25am
147
Dairy prices fall again; US data positive and Wall Street roars; China's household savings impulse rises; EMs suffer high inflation and weak currencies; UST 10yr 3.01%; gold stable and oil up; NZ$1 = 62.3 USc; TWI-5 = 71
[updated]
A review of things you need to know before you sign off on Tuesday; quiet on retail rates front, chilly on house sales front, farm sales low, tractor sales high, WUBS slapped by the FMA, swaps stable, NZD soft, & more
19th Jul 22, 3:59pm
80
A review of things you need to know before you sign off on Tuesday; quiet on retail rates front, chilly on house sales front, farm sales low, tractor sales high, WUBS slapped by the FMA, swaps stable, NZD soft, & more
Europe scrambles for gas supplies; US talks itself down; China rolls out local boosts, eyes on bank stress; coal shines; UST 10yr 2.96%; gold and oil up; NZ$1 = 61.6 USc; TWI-5 = 70.6
19th Jul 22, 7:19am
123
Europe scrambles for gas supplies; US talks itself down; China rolls out local boosts, eyes on bank stress; coal shines; UST 10yr 2.96%; gold and oil up; NZ$1 = 61.6 USc; TWI-5 = 70.6
A review of things you need to know before you sign off on Monday; its all about the scorching inflation data, student & working visas rise, big drop in house values, swaps up sharply, NZD firms, & more
18th Jul 22, 3:59pm
53
A review of things you need to know before you sign off on Monday; its all about the scorching inflation data, student & working visas rise, big drop in house values, swaps up sharply, NZD firms, & more
Weak Chinese economy poses global challenge; US retail sales healthy, other business growth-positive, but confidence low; commodity prices retreat; UST 10yr 2.93%; gold steadies and oil unchanged; NZ$1 = 61.6 USc; TWI-5 = 70.8
18th Jul 22, 7:19am
124
Weak Chinese economy poses global challenge; US retail sales healthy, other business growth-positive, but confidence low; commodity prices retreat; UST 10yr 2.93%; gold steadies and oil unchanged; NZ$1 = 61.6 USc; TWI-5 = 70.8
US delivers upbeat markets and data to end the week; China delivers dour economic signals; commodity prices give up almost all their 2022 rises; UST 10yr 2.93%; gold down and oil up; NZ$1 = 61.6 USc; TWI-5 = 70.8
16th Jul 22, 8:37am
57
US delivers upbeat markets and data to end the week; China delivers dour economic signals; commodity prices give up almost all their 2022 rises; UST 10yr 2.93%; gold down and oil up; NZ$1 = 61.6 USc; TWI-5 = 70.8
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
32
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
51
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
34
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
66
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
55
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
70
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
33
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
33
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
31
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
70
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