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
China in widespread deflation; China exports rise but imports fall; US payroll growth timid; ditto Canada; Australia prepares for storm recovery; incumbent wins big in WA; UST 10yr at 4.32%, gold dips and oil up; NZ$1 = 57 USc; TWI = 66.3
10th Mar 25, 7:19am
12
China in widespread deflation; China exports rise but imports fall; US payroll growth timid; ditto Canada; Australia prepares for storm recovery; incumbent wins big in WA; UST 10yr at 4.32%, gold dips and oil up; NZ$1 = 57 USc; TWI = 66.3
US payrolls rise less than expected; Powell in no rush to cut; China's exports rise modestly, imports fall; Aussie storm to delay election; UST 10yr at 4.32%, gold dips and oil up; NZ$1 = 57 USc; TWI = 66.3
8th Mar 25, 8:39am
9
US payrolls rise less than expected; Powell in no rush to cut; China's exports rise modestly, imports fall; Aussie storm to delay election; UST 10yr at 4.32%, gold dips and oil up; NZ$1 = 57 USc; TWI = 66.3
A review of things you need to know before you sign off on Friday; only minor retail rates changes, office vacancy rates high & rising, grocery prices unchanged & compare well with Australia, swaps hold, NZD holds, & more
7th Mar 25, 3:59pm
21
A review of things you need to know before you sign off on Friday; only minor retail rates changes, office vacancy rates high & rising, grocery prices unchanged & compare well with Australia, swaps hold, NZD holds, & more
US labour market starts to show weak signs; US trade hits unwanted record; Canada shines; ECB cuts; Alfred hits; freight rates retreat; UST 10yr at 4.29%, gold holds and oil soft; NZ$1 = 57.5 USc; TWI = 66.7
7th Mar 25, 7:25am
21
US labour market starts to show weak signs; US trade hits unwanted record; Canada shines; ECB cuts; Alfred hits; freight rates retreat; UST 10yr at 4.29%, gold holds and oil soft; NZ$1 = 57.5 USc; TWI = 66.7
A review of things you need to know before you sign off on Thursday; no retail rate changes, weak building sector, high demand for NZGBs, more bosses depart, swaps firmish, long yields rise, NZD firm, & more
6th Mar 25, 3:59pm
33
A review of things you need to know before you sign off on Thursday; no retail rate changes, weak building sector, high demand for NZGBs, more bosses depart, swaps firmish, long yields rise, NZD firm, & more
Lower home loan rate offer changes are in a quiet phase and the background funding environment isn't opening many opportunities for banks to go much lower, meaning the next circuit breaker is hard to see
6th Mar 25, 11:29am
16
Lower home loan rate offer changes are in a quiet phase and the background funding environment isn't opening many opportunities for banks to go much lower, meaning the next circuit breaker is hard to see
US data integrity threats; China goes all-in on debt funded growth; tariff threats waver; Japan positive; Aussie growth modest; UST 10yr at 4.28%, curves steepen; gold firm and oil drops further; NZ$1 = 57.1 USc; TWI = 66.6
6th Mar 25, 7:38am
49
US data integrity threats; China goes all-in on debt funded growth; tariff threats waver; Japan positive; Aussie growth modest; UST 10yr at 4.28%, curves steepen; gold firm and oil drops further; NZ$1 = 57.1 USc; TWI = 66.6
A review of things you need to know before you sign off on Wednesday; ICBC launches hot mortgage rate with cashback incentive, Orr resigns, retail stays weak, commodity prices stay high, car sales weak, swaps little-changed, NZD firms, & more
5th Mar 25, 3:59pm
15
A review of things you need to know before you sign off on Wednesday; ICBC launches hot mortgage rate with cashback incentive, Orr resigns, retail stays weak, commodity prices stay high, car sales weak, swaps little-changed, NZD firms, & more
Dairy prices dip less than expected; tariff war skirmishes turn into battles, everyone is losing; markets and sentiment retreat; eyes on Cyclone Alfred; UST 10yr at 4.19%; gold firms and oil drops further; NZ$1 = 56.2 USc; TWI = 66.1
5th Mar 25, 7:25am
33
Dairy prices dip less than expected; tariff war skirmishes turn into battles, everyone is losing; markets and sentiment retreat; eyes on Cyclone Alfred; UST 10yr at 4.19%; gold firms and oil drops further; NZ$1 = 56.2 USc; TWI = 66.1
A review of things you need to know before you sign off on Tuesday; Auckland house sales sag, fewer houses built, loan arrears rise, other building consents soft too, swaps down, NZD slips, & more
4th Mar 25, 3:59pm
28
A review of things you need to know before you sign off on Tuesday; Auckland house sales sag, fewer houses built, loan arrears rise, other building consents soft too, swaps down, NZD slips, & more
Sudden mood change in the US economy; Canada & Mexico prepare for imminent tariffs; Australia prepares for imminent election; everyone readies looser policy settings; UST 10yr at 4.23%; gold firms and oil dips; NZ$1 = 56.3 USc; TWI = 66.2
4th Mar 25, 7:19am
48
Sudden mood change in the US economy; Canada & Mexico prepare for imminent tariffs; Australia prepares for imminent election; everyone readies looser policy settings; UST 10yr at 4.23%; gold firms and oil dips; NZ$1 = 56.3 USc; TWI = 66.2
Our email newsletters are a fast and convenient way to get the data and analysis you need direct into your Inbox. There is a focused newsletter for most sectors of the New Zealand economy
3rd Mar 25, 6:00pm
1
Our email newsletters are a fast and convenient way to get the data and analysis you need direct into your Inbox. There is a focused newsletter for most sectors of the New Zealand economy
A review of things you need to know before you sign off on Monday; more retail rate cuts, terms of trade surges, house buyers market stronger, non-performing housing loans rise, good KiwiSaver returns, swaps soft, NZX50 soft, & more
3rd Mar 25, 4:00pm
36
A review of things you need to know before you sign off on Monday; more retail rate cuts, terms of trade surges, house buyers market stronger, non-performing housing loans rise, good KiwiSaver returns, swaps soft, NZX50 soft, & more
China's PMIs no longer contracting; India growth stays strong; US personal incomes weaken; US trade deficit jumps & inventories rise; commodities soft; UST 10yr at 4.23%; gold down and oil holds; NZ$1 = 56 USc; TWI = 66.2
3rd Mar 25, 7:19am
37
China's PMIs no longer contracting; India growth stays strong; US personal incomes weaken; US trade deficit jumps & inventories rise; commodities soft; UST 10yr at 4.23%; gold down and oil holds; NZ$1 = 56 USc; TWI = 66.2
Markets recoil at how US policy is playing out; US reports distorted trends; Canada GDP surprises higher; Indian GDP growth up; air travel rises sharply; UST 10yr at 4.23%; gold down and oil holds; NZ$1 = 56 USc; TWI = 66.2
1st Mar 25, 8:39am
53
Markets recoil at how US policy is playing out; US reports distorted trends; Canada GDP surprises higher; Indian GDP growth up; air travel rises sharply; UST 10yr at 4.23%; gold down and oil holds; NZ$1 = 56 USc; TWI = 66.2
A review of things you need to know before you sign off on Friday; rate cut flurry runs out of steam, jobs & consumer sentiment stable but still negative, insurers get survey results they want (and paid for), swaps stable, NZD soft, & more
28th Feb 25, 3:59pm
99
A review of things you need to know before you sign off on Friday; rate cut flurry runs out of steam, jobs & consumer sentiment stable but still negative, insurers get survey results they want (and paid for), swaps stable, NZD soft, & more
US economic data sags further as more tariffs announced; Canadians react; EU sentiment firms; Container freight rates fall; UST 10yr at 4.29%; gold down and oil up; NZ$1 = 56.5 USc; TWI = 66.5
28th Feb 25, 7:24am
55
US economic data sags further as more tariffs announced; Canadians react; EU sentiment firms; Container freight rates fall; UST 10yr at 4.29%; gold down and oil up; NZ$1 = 56.5 USc; TWI = 66.5
A review of things you need to know before you sign off on Thursday; BNZ & Kiwi Bond rates trimmed, business sentiment stays elevated, one in 6 disabled, bank profit problems, electricity market problems, swaps stable, NZD softish, & more
27th Feb 25, 3:59pm
78
A review of things you need to know before you sign off on Thursday; BNZ & Kiwi Bond rates trimmed, business sentiment stays elevated, one in 6 disabled, bank profit problems, electricity market problems, swaps stable, NZD softish, & more
Treasury reduces Kiwi Bond interest rates, the benchmark for risk-free saving for retail savers, their second cut in 2025
27th Feb 25, 2:00pm
Treasury reduces Kiwi Bond interest rates, the benchmark for risk-free saving for retail savers, their second cut in 2025
US housing market data weak; China eyes huge new debt moves; Singapore shines as does Taiwan; Aussie inflation under control; UST 10yr at 4.27%; gold up and oil holds low; NZ$1 = 57.1 USc; TWI = 66.9
27th Feb 25, 7:19am
79
US housing market data weak; China eyes huge new debt moves; Singapore shines as does Taiwan; Aussie inflation under control; UST 10yr at 4.27%; gold up and oil holds low; NZ$1 = 57.1 USc; TWI = 66.9
A review of things you need to know before you sign off on Wednesday; focus on test rates, PIEs get global attention, house build costs rise, S&P looking at local authority credit ratings, swaps stable again, NZD softish, & more
26th Feb 25, 3:59pm
80
A review of things you need to know before you sign off on Wednesday; focus on test rates, PIEs get global attention, house build costs rise, S&P looking at local authority credit ratings, swaps stable again, NZD softish, & more
Is aversion to Elon Musk's politics behind Tesla EVs falling sharply out of favour in New Zealand?
26th Feb 25, 1:29pm
59
Is aversion to Elon Musk's politics behind Tesla EVs falling sharply out of favour in New Zealand?
US data resilient, but consumer confidence takes a hit; financial markets react; Taiwan stays strong; Korea cuts rates; Aussie election prospects still uncertain; UST 10yr at 4.31%; gold and oil drop; NZ$1 = 57.2 USc; TWI = 66.9
26th Feb 25, 7:19am
119
US data resilient, but consumer confidence takes a hit; financial markets react; Taiwan stays strong; Korea cuts rates; Aussie election prospects still uncertain; UST 10yr at 4.31%; gold and oil drop; NZ$1 = 57.2 USc; TWI = 66.9
[updated]
A review of things you need to know before you sign off on Tuesday; more retail rate cuts, fewer Auckland houses built, fears over winter power, NZX hurt by Ryman, swaps stable, NZD stable, & more
25th Feb 25, 3:59pm
78
A review of things you need to know before you sign off on Tuesday; more retail rate cuts, fewer Auckland houses built, fears over winter power, NZX hurt by Ryman, swaps stable, NZD stable, & more
More mortgage rate cuts by more banks shifts who has the lowest rates, as banks jockey for position in a very competitive marketplace because new loan growth is quite limited
25th Feb 25, 8:42am
40
More mortgage rate cuts by more banks shifts who has the lowest rates, as banks jockey for position in a very competitive marketplace because new loan growth is quite limited