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 go home on Friday; many retail rate changes, leafy suburbs lead price falls, factories expanding slower, Fed won't relent despite expected pain, swaps fall, NZD holds, & more
13th May 22, 3:59pm
75
A review of things you need to know before you go home on Friday; many retail rate changes, leafy suburbs lead price falls, factories expanding slower, Fed won't relent despite expected pain, swaps fall, NZD holds, & more
TSB surprises the home loan market cutting its one-year fixed rate 'special' as term deposit rates continue to trend up
13th May 22, 9:33am
5
TSB surprises the home loan market cutting its one-year fixed rate 'special' as term deposit rates continue to trend up
US data positive; Mexico raises rates; China scrambles on many fronts; Indian funk extends; container freight rates fall again; UST 10yr 2.84%; gold down while oil holds; NZ$1 = 62.3 USc; TWI-5 = 70.1
13th May 22, 7:39am
107
US data positive; Mexico raises rates; China scrambles on many fronts; Indian funk extends; container freight rates fall again; UST 10yr 2.84%; gold down while oil holds; NZ$1 = 62.3 USc; TWI-5 = 70.1
[updated]
Yes, term deposit rates are rising and that is a good thing. But are these rises keeping pace with the wider financial world? We investigate
12th May 22, 6:36pm
27
Yes, term deposit rates are rising and that is a good thing. But are these rises keeping pace with the wider financial world? We investigate
[updated]
A review of things you need to know before you go home on Thursday; new flurry of retail rate rises, housing market retreats, food prices dip, inflation expectations embed, swaps under pressure, NZD softer, & more
12th May 22, 3:59pm
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A review of things you need to know before you go home on Thursday; new flurry of retail rate rises, housing market retreats, food prices dip, inflation expectations embed, swaps under pressure, NZD softer, & more
US CPI inflation stays high; US budget repair gathers momentum; China inflation modest; Malaysia hikes rates; Aussie sentiment falls; UST 10yr 2.92%; gold and oil firm; NZ$1 = 63.1 USc; TWI-5 = 70.6
12th May 22, 7:30am
51
US CPI inflation stays high; US budget repair gathers momentum; China inflation modest; Malaysia hikes rates; Aussie sentiment falls; UST 10yr 2.92%; gold and oil firm; NZ$1 = 63.1 USc; TWI-5 = 70.6
A review of things you need to know before you go home on Wednesday; TD rate changes, house-building progress, more concrete, more immigrants, more tax, swaps slip, NZD lower, & more
11th May 22, 3:59pm
46
A review of things you need to know before you go home on Wednesday; TD rate changes, house-building progress, more concrete, more immigrants, more tax, swaps slip, NZD lower, & more
American household debt only grows modestly; China's lockdowns causing widespread stress; Japan's households glum; Australian activity improves; UST 10yr 2.99%; gold and oil lower; NZ$1 = 62.9 USc; TWI-5 = 70.4
11th May 22, 7:24am
52
American household debt only grows modestly; China's lockdowns causing widespread stress; Japan's households glum; Australian activity improves; UST 10yr 2.99%; gold and oil lower; NZ$1 = 62.9 USc; TWI-5 = 70.4
A review of things you need to know before you go home on Tuesday; no retail rate changes, unexpected retail gains, traffic flowing freer, KiwiSaver books losses, equities have bad day, swaps slip, NZD devaluation grows, & more
10th May 22, 3:59pm
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A review of things you need to know before you go home on Tuesday; no retail rate changes, unexpected retail gains, traffic flowing freer, KiwiSaver books losses, equities have bad day, swaps slip, NZD devaluation grows, & more
Financial markets gulp on realities; US inflation expectations fall from record highs; China trade lackluster; Philippines goes back to a shady future; UST 10yr 3.06%; gold and oil lower; NZ$1 = 63.3 USc; TWI-5 = 70.8
10th May 22, 7:26am
67
Financial markets gulp on realities; US inflation expectations fall from record highs; China trade lackluster; Philippines goes back to a shady future; UST 10yr 3.06%; gold and oil lower; NZ$1 = 63.3 USc; TWI-5 = 70.8
A review of things you need to know before you go home on Monday; higher TD rates, lower milk payout, sinking NZX50 valuations, bi-partisan climate change settings, swaps up, NZD down, & more
9th May 22, 3:59pm
59
A review of things you need to know before you go home on Monday; higher TD rates, lower milk payout, sinking NZX50 valuations, bi-partisan climate change settings, swaps up, NZD down, & more
US adds more jobs than expected; US consumer credit grows; Canada's jobs market stumbles; China frets over its job situation; food prices stay high; UST 10yr 3.14%; gold and oil higher; NZ$1 = 64.1 USc; TWI-5 = 71.5
9th May 22, 7:24am
79
US adds more jobs than expected; US consumer credit grows; Canada's jobs market stumbles; China frets over its job situation; food prices stay high; UST 10yr 3.14%; gold and oil higher; NZ$1 = 64.1 USc; TWI-5 = 71.5
US data good, but equity markets fall on poor earnings reports; China faces severe headwinds; Australian election messes up many key issues; UST 10yr 2.93%; gold up and oil stable; NZ$1 = 64.8 USc; TWI-5 = 71.9
30th Apr 22, 8:29am
55
US data good, but equity markets fall on poor earnings reports; China faces severe headwinds; Australian election messes up many key issues; UST 10yr 2.93%; gold up and oil stable; NZ$1 = 64.8 USc; TWI-5 = 71.9
A review of things you need to know before you go home on Friday; few retail rate rises, sentiment very low, mortgage balances growing still, bank deposits up faster, swaps up, NZD sinks, & more
29th Apr 22, 3:59pm
34
A review of things you need to know before you go home on Friday; few retail rate rises, sentiment very low, mortgage balances growing still, bank deposits up faster, swaps up, NZD sinks, & more
US data positive except Q1-2022 GDP result; China's jobs market get tougher; German inflation boosted by food prices; Sweden u-turns and raises rates; UST 10yr 2.86%; gold stable and oil up; NZ$1 = 65 USc; TWI-5 = 72.5
29th Apr 22, 7:27am
113
US data positive except Q1-2022 GDP result; China's jobs market get tougher; German inflation boosted by food prices; Sweden u-turns and raises rates; UST 10yr 2.86%; gold stable and oil up; NZ$1 = 65 USc; TWI-5 = 72.5
[updated]
A review of things you need to know before you go home on Thursday; many mortgage rate rises, Kiwi Bond rates jump, home loan affordability 'worst', construction in the dumps, swaps jump again, NZD soft, & more
28th Apr 22, 3:59pm
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A review of things you need to know before you go home on Thursday; many mortgage rate rises, Kiwi Bond rates jump, home loan affordability 'worst', construction in the dumps, swaps jump again, NZD soft, & more
US real estate industry struggles, but wider economy still shows good expansion; China pivots to serious stimulus; Aussie inflation leaps; UST 10yr 2.82%; gold lower and oil stable; NZ$1 = 65.6 USc; TWI-5 = 72.7
28th Apr 22, 7:24am
67
US real estate industry struggles, but wider economy still shows good expansion; China pivots to serious stimulus; Aussie inflation leaps; UST 10yr 2.82%; gold lower and oil stable; NZ$1 = 65.6 USc; TWI-5 = 72.7
A review of things you need to know before you go home on Wednesday; more retail rate rises, CoreLogic sees different/lesser property market, Aussie inflation surprises on high side, swaps firm, NZD soft, & more
27th Apr 22, 3:59pm
51
A review of things you need to know before you go home on Wednesday; more retail rate rises, CoreLogic sees different/lesser property market, Aussie inflation surprises on high side, swaps firm, NZD soft, & more
American data a bit wobbly; Singapore stumbles; Malaysia tries minimum wage experiment; oil politics in the EU gets sharp; UST 10yr 2.76%; gold stable and oil up; NZ$1 = 65.8 USc; TWI-5 = 72.8
27th Apr 22, 7:32am
84
American data a bit wobbly; Singapore stumbles; Malaysia tries minimum wage experiment; oil politics in the EU gets sharp; UST 10yr 2.76%; gold stable and oil up; NZ$1 = 65.8 USc; TWI-5 = 72.8
Westpac pushes through its third interest rate rise for home loans in April, but ends up with the most competitive card for key terms among the main banks. It raised its term deposit rates at the same time
26th Apr 22, 4:32pm
18
Westpac pushes through its third interest rate rise for home loans in April, but ends up with the most competitive card for key terms among the main banks. It raised its term deposit rates at the same time
[updated]
A review of things you need to know before you go home on Tuesday; many minor rate changes, mortgage managers gloomy, auction activity slow, credit card use stable, PPH 'undervalued', swaps soft, NZD soft, & more
26th Apr 22, 3:59pm
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A review of things you need to know before you go home on Tuesday; many minor rate changes, mortgage managers gloomy, auction activity slow, credit card use stable, PPH 'undervalued', swaps soft, NZD soft, & more
US trucking demand falls despite good PMIs; Japan gets better data; China stumbles on pandemic spread; EU data and sentiment better; RBA seen raising rates soon; UST 10yr 2.80%; gold and oil down; NZ$1 = 66.1 USc; TWI-5 = 72.9
26th Apr 22, 7:23am
89
US trucking demand falls despite good PMIs; Japan gets better data; China stumbles on pandemic spread; EU data and sentiment better; RBA seen raising rates soon; UST 10yr 2.80%; gold and oil down; NZ$1 = 66.1 USc; TWI-5 = 72.9
Equity prices fall worldwide as inflation fight gets serious; PMIs expanding; Japan gets some inflation; Australia ready for OCR rises; corn prices jump; UST 10yr 2.90%; gold and oil down; NZ$1 = 66.3 USc; TWI-5 = 72.8
23rd Apr 22, 8:33am
28
Equity prices fall worldwide as inflation fight gets serious; PMIs expanding; Japan gets some inflation; Australia ready for OCR rises; corn prices jump; UST 10yr 2.90%; gold and oil down; NZ$1 = 66.3 USc; TWI-5 = 72.8
[updated]
A review of things you need to know before you go home on Friday; more retail rate hikes, bankers see mortgage demand wane, lifestyle property demand weak, swaps up, NZD down, & more
22nd Apr 22, 3:59pm
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A review of things you need to know before you go home on Friday; more retail rate hikes, bankers see mortgage demand wane, lifestyle property demand weak, swaps up, NZD down, & more
[updated]
The scale of home loan rate rises is now at a level that will crimp consumer spending for those who roll over the fixed rate mortgages. The impact will spread relentlessly over the next few months
22nd Apr 22, 9:19am
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The scale of home loan rate rises is now at a level that will crimp consumer spending for those who roll over the fixed rate mortgages. The impact will spread relentlessly over the next few months