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David Chaston

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.

Member for

15 years 8 months

Latest articles

We are calling on readers to help keep interest.co.nz free for everyone. If you know us, trust us and value what we do, can we ask you to Support us?
24th Jun 22, 9:30am
4
We are calling on readers to help keep interest.co.nz free for everyone. If you know us, trust us and value what we do, can we ask you to Support us?
A review of things you need to know before you sign off on Thursday; more big retail rate rises, employment confidence dips, Fonterra raises payout guidance, swap rates fall further, NZD soft, & more
23rd Jun 22, 3:59pm
44
A review of things you need to know before you sign off on Thursday; more big retail rate rises, employment confidence dips, Fonterra raises payout guidance, swap rates fall further, NZD soft, & more
ASB uses the cover provided by ANZ to raise both its home loan and term deposit rates. All eyes are now on Kiwibank's upcoming rate adjustments - and on the turn in wholesale markets
23rd Jun 22, 10:38am
67
ASB uses the cover provided by ANZ to raise both its home loan and term deposit rates. All eyes are now on Kiwibank's upcoming rate adjustments - and on the turn in wholesale markets
Powell gives realistic testimony to Congress; US interest rates rise; Canada CPI up more than expected; China faces new flood pressures; UST 10yr 3.15%; gold up and oil down; NZ$1 = 63 USc; TWI-5 = 70.8
23rd Jun 22, 7:25am
94
Powell gives realistic testimony to Congress; US interest rates rise; Canada CPI up more than expected; China faces new flood pressures; UST 10yr 3.15%; gold up and oil down; NZ$1 = 63 USc; TWI-5 = 70.8
A review of things you need to know before you sign off on Wednesday; some very chunky retail rate hikes, home loan affordability improves slightly, $10 dairy payout looms, trade deficit grows, swaps slip, NZD slips, & more
22nd Jun 22, 3:59pm
32
A review of things you need to know before you sign off on Wednesday; some very chunky retail rate hikes, home loan affordability improves slightly, $10 dairy payout looms, trade deficit grows, swaps slip, NZD slips, & more
[updated]
BNZ is the next to move their mortgage rate card up sharply, maintaining a small discount to ANZ for the key 2-year fixed offer. BNZ also raised their term deposit rates
22nd Jun 22, 8:55am
72
BNZ is the next to move their mortgage rate card up sharply, maintaining a small discount to ANZ for the key 2-year fixed offer. BNZ also raised their term deposit rates
Dairy prices slip; US recession warnings grow; Chinese floods return; commodity prices slip; RBA's Lowe warns on 'excessive' wage hikes; UST 10yr 3.31%; gold down and oil holds; NZ$1 = 63.4 USc; TWI-5 = 71.3
22nd Jun 22, 7:27am
132
Dairy prices slip; US recession warnings grow; Chinese floods return; commodity prices slip; RBA's Lowe warns on 'excessive' wage hikes; UST 10yr 3.31%; gold down and oil holds; NZ$1 = 63.4 USc; TWI-5 = 71.3
[updated]
A review of things you need to know before you sign off on Tuesday; ANZ raises rates, yet another taskforce for another problem, more bank fundraising, eyes on dairy auction, swaps up, NZD stable, & more
21st Jun 22, 3:59pm
51
A review of things you need to know before you sign off on Tuesday; ANZ raises rates, yet another taskforce for another problem, more bank fundraising, eyes on dairy auction, swaps up, NZD stable, & more
[updated]
Savers may bemoan low returns on their bank savings, but collectively their conservative actions gift cheap funds to banks. Until those collective reactions change, banks have few reasons to offer more generous rates
21st Jun 22, 11:08am
23
Savers may bemoan low returns on their bank savings, but collectively their conservative actions gift cheap funds to banks. Until those collective reactions change, banks have few reasons to offer more generous rates
US on holiday; China holds prime rates; Chinese sentiment dives; Taiwan export orders strong; German PPI rise stays very high; green hydrogen project makes progress; UST 10yr 3.23%; gold down and oil holds; NZ$1 = 63.2 USc; TWI-5 = 71.3
21st Jun 22, 7:23am
129
US on holiday; China holds prime rates; Chinese sentiment dives; Taiwan export orders strong; German PPI rise stays very high; green hydrogen project makes progress; UST 10yr 3.23%; gold down and oil holds; NZ$1 = 63.2 USc; TWI-5 = 71.3
The largest mortgage lender pushes through new chunky increases, raising rates to new recent highs. At the same time ANZ raises term deposit rates substantially
20th Jun 22, 5:12pm
140
The largest mortgage lender pushes through new chunky increases, raising rates to new recent highs. At the same time ANZ raises term deposit rates substantially
[updated]
A review of things you need to know before you sign off on Monday; retail rates rise, PSI firms, rising yields cut asset prices, auction clearance rates fall, swaps fall, NZD holds, & more
20th Jun 22, 3:59pm
51
A review of things you need to know before you sign off on Monday; retail rates rise, PSI firms, rising yields cut asset prices, auction clearance rates fall, swaps fall, NZD holds, & more
[updated]
Challenger banks raising home loan rates substantially, pressured by market conditions that raise risks to their mortgage business. These new conditions will test the 'benefit' of high customer satisfaction levels
20th Jun 22, 10:22am
6
Challenger banks raising home loan rates substantially, pressured by market conditions that raise risks to their mortgage business. These new conditions will test the 'benefit' of high customer satisfaction levels
Bitcoin slumps; US factory output softens; expectations for recession grow; bond markets retreat; commodity prices fall; WTO claims minor win; UST 10yr 3.23%; gold down and oil holds; NZ$1 = 63.1 USc; TWI-5 = 71.1
20th Jun 22, 7:19am
120
Bitcoin slumps; US factory output softens; expectations for recession grow; bond markets retreat; commodity prices fall; WTO claims minor win; UST 10yr 3.23%; gold down and oil holds; NZ$1 = 63.1 USc; TWI-5 = 71.1
Petrol taxes tell a clear story about immediate changes in the use of cars, depriving tax collectors of billions. On the other side, billions will be needed to ramp up electricity capacity for a huge new fleet of electric vehicles
19th Jun 22, 10:39am
55
Petrol taxes tell a clear story about immediate changes in the use of cars, depriving tax collectors of billions. On the other side, billions will be needed to ramp up electricity capacity for a huge new fleet of electric vehicles
Recession fears grow; uncertainty rises as central banks change focus; Japan stays its course; commodities under pressure; WTO makes changes; UST 10yr 3.24%; gold and oil down; NZ$1 = 63.1 USc; TWI-5 = 70.9
18th Jun 22, 8:27am
80
Recession fears grow; uncertainty rises as central banks change focus; Japan stays its course; commodities under pressure; WTO makes changes; UST 10yr 3.24%; gold and oil down; NZ$1 = 63.1 USc; TWI-5 = 70.9
A review of things you need to know before you sign off on Friday; no retail rate changes, PMIs expand faster, hefty cartel penalty, a third of home loan borrowers face interest rate shock in 2022, swaps high & stable, NZD rises, & more
17th Jun 22, 3:59pm
65
A review of things you need to know before you sign off on Friday; no retail rate changes, PMIs expand faster, hefty cartel penalty, a third of home loan borrowers face interest rate shock in 2022, swaps high & stable, NZD rises, & more
US markets take fright; US data weaker; other central banks follow the Fed in inflation fight focus; China's house prices fall; Aussie jobs expand; UST 10yr 3.30%; gold and oil up; NZ$1 = 63.9 USc; TWI-5 = 71.3
17th Jun 22, 7:19am
103
US markets take fright; US data weaker; other central banks follow the Fed in inflation fight focus; China's house prices fall; Aussie jobs expand; UST 10yr 3.30%; gold and oil up; NZ$1 = 63.9 USc; TWI-5 = 71.3
[updated]
A review of things you need to know before you sign off on Thursday; only minor retail rate changes, house prices fall faster, economic activity shrinks, NZGB yields jump, swap rates hold, NZD rises, & more
16th Jun 22, 3:59pm
59
A review of things you need to know before you sign off on Thursday; only minor retail rate changes, house prices fall faster, economic activity shrinks, NZGB yields jump, swap rates hold, NZD rises, & more
If you are going to be a responsible investor, you need to dig below the surface of greenwashing and paid-for ESG shields. In partnership with Research IP, we are providing some tools to help you make better investing decisions
16th Jun 22, 1:10pm
8
If you are going to be a responsible investor, you need to dig below the surface of greenwashing and paid-for ESG shields. In partnership with Research IP, we are providing some tools to help you make better investing decisions
US Fed hikes by +75 bps, with more to come; US car sales stutter; China's retail sales fall as power generation falls; Australian power crisis gets worse; UST 10yr 3.44%; gold jumps and oil falls; NZ$1 = 62.7 USc; TWI-5 = 70.6
16th Jun 22, 7:24am
108
US Fed hikes by +75 bps, with more to come; US car sales stutter; China's retail sales fall as power generation falls; Australian power crisis gets worse; UST 10yr 3.44%; gold jumps and oil falls; NZ$1 = 62.7 USc; TWI-5 = 70.6
A review of things you need to know before you sign off on Wednesday; house prices drop, current account deficit widens, foreigners invest more, foreign debt lower, swaps up yet again, NZD soft, & more
15th Jun 22, 3:59pm
97
A review of things you need to know before you sign off on Wednesday; house prices drop, current account deficit widens, foreigners invest more, foreign debt lower, swaps up yet again, NZD soft, & more
Unusually large jumps in local wholesale swap rates, followed by an 11 year high for the main US Treasury benchmark, are putting mortgage borrowers on notice that they face even higher rates in the very near future
15th Jun 22, 9:26am
50
Unusually large jumps in local wholesale swap rates, followed by an 11 year high for the main US Treasury benchmark, are putting mortgage borrowers on notice that they face even higher rates in the very near future
All eyes on the US Fed; US PPI stays high; BofJ eyes direction change; Chinese FDI inflows wither; Australian business sentiment stays strong; UST 10yr 3.50%; gold and oil lower; NZ$1 = 62.1 USc; TWI-5 = 70.3
15th Jun 22, 7:26am
64
All eyes on the US Fed; US PPI stays high; BofJ eyes direction change; Chinese FDI inflows wither; Australian business sentiment stays strong; UST 10yr 3.50%; gold and oil lower; NZ$1 = 62.1 USc; TWI-5 = 70.3
A review of things you need to know before you sign off on Tuesday; home loan rates and floor rates up, food prices up, rent inflation eases, ASB bond well supported, swap rates higher, NZD slips, & more
14th Jun 22, 3:59pm
76
A review of things you need to know before you sign off on Tuesday; home loan rates and floor rates up, food prices up, rent inflation eases, ASB bond well supported, swap rates higher, NZD slips, & more