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
ASB and HSBC are the next to raise mortgage rates following ANZ and Westpac. ANZ's lead has been justified by global wholesale rate moves following the US Fed signals and may indicate there is [much?] more to come
23rd Sep 22, 9:15am
81
ASB and HSBC are the next to raise mortgage rates following ANZ and Westpac. ANZ's lead has been justified by global wholesale rate moves following the US Fed signals and may indicate there is [much?] more to come
[updated]
US current account stays very high; US mortgage rates rise and housing markets stumble; Japan holds low rate, but most other central banks hike, shipping freight rates dive; UST 10yr 3.70%; gold down and oil holds; NZ$1 = 58.5 USc; TWI-5 = 68.4
23rd Sep 22, 7:32am
135
US current account stays very high; US mortgage rates rise and housing markets stumble; Japan holds low rate, but most other central banks hike, shipping freight rates dive; UST 10yr 3.70%; gold down and oil holds; NZ$1 = 58.5 USc; TWI-5 = 68.4
A review of things you need to know before you sign off on Thursday; Fonterra reports, consumer confidence off the mat, record trade deficit, deposit guarantee closer, swaps firm, NZD soft, & more
22nd Sep 22, 3:59pm
89
A review of things you need to know before you sign off on Thursday; Fonterra reports, consumer confidence off the mat, record trade deficit, deposit guarantee closer, swaps firm, NZD soft, & more
The first bank to take up some of the mortgage rate space offered by ANZ recently is Westpac. But Westpac has set its new rate card offers with some benefits, especially for the three year fixed rate
22nd Sep 22, 3:54pm
38
The first bank to take up some of the mortgage rate space offered by ANZ recently is Westpac. But Westpac has set its new rate card offers with some benefits, especially for the three year fixed rate
US Fed slightly more hawkish; markets struggle to absorb signals; US mortgage applications rise; US home sales fall; China cuts petrol price; RBA nurses big losses; UST 10yr 3.51%; gold up and oil lower; NZ$1 = 59.1 USc; TWI-5 = 68.8
22nd Sep 22, 7:18am
91
US Fed slightly more hawkish; markets struggle to absorb signals; US mortgage applications rise; US home sales fall; China cuts petrol price; RBA nurses big losses; UST 10yr 3.51%; gold up and oil lower; NZ$1 = 59.1 USc; TWI-5 = 68.8
[updated]
A review of things you need to know before you sign off on Wednesday; ANZ hikes home loan rates, migrant flows pick up quickly, dairy prices rise, farm sales 'vulnerable', swaps firm, NZD soft, & more
21st Sep 22, 3:59pm
63
A review of things you need to know before you sign off on Wednesday; ANZ hikes home loan rates, migrant flows pick up quickly, dairy prices rise, farm sales 'vulnerable', swaps firm, NZD soft, & more
We follow up our review of the impact of inflation on house price changes with charts for all the main urban centers. So far, inflation has hurt house prices the least in New Plymouth and Invercargill
21st Sep 22, 2:30pm
67
We follow up our review of the impact of inflation on house price changes with charts for all the main urban centers. So far, inflation has hurt house prices the least in New Plymouth and Invercargill
Dairy prices rise again; US data good ahead of key Fed decision; Canada inflation eases; Japan inflation rises; Germany PPI explodes; UST 10yr 3.57%; gold and oil lower; NZ$1 = 58.9 USc; TWI-5 = 68.6
21st Sep 22, 7:25am
75
Dairy prices rise again; US data good ahead of key Fed decision; Canada inflation eases; Japan inflation rises; Germany PPI explodes; UST 10yr 3.57%; gold and oil lower; NZ$1 = 58.9 USc; TWI-5 = 68.6
New Zealand's largest mortgage lender strikes out ahead of the pack with some sharp rate hikes for the most popular fixed home loan terms. They also make me-too term deposit rate changes
20th Sep 22, 5:38pm
169
New Zealand's largest mortgage lender strikes out ahead of the pack with some sharp rate hikes for the most popular fixed home loan terms. They also make me-too term deposit rate changes
A review of things you need to know before you sign off on Tuesday; few retail rate changes, eyes on GDT, livestock prices rise, KMD's balance off, swaps hang about, NZD slides further, & more
20th Sep 22, 3:59pm
61
A review of things you need to know before you sign off on Tuesday; few retail rate changes, eyes on GDT, livestock prices rise, KMD's balance off, swaps hang about, NZD slides further, & more
In real terms, Auckland housing is in a bear market having fallen more than 20% since a peak 10 months ago on an inflation adjusted basis
20th Sep 22, 11:31am
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In real terms, Auckland housing is in a bear market having fallen more than 20% since a peak 10 months ago on an inflation adjusted basis
US Fed policy expectations distorting global finances; Canadian PPI falls; China FDI rises; eyes also on Japanese CPI; UST 10yr 3.49%; gold slips but oil stable; NZ$1 = 59.6 USc; TWI-5 = 69.2
20th Sep 22, 7:25am
79
US Fed policy expectations distorting global finances; Canadian PPI falls; China FDI rises; eyes also on Japanese CPI; UST 10yr 3.49%; gold slips but oil stable; NZ$1 = 59.6 USc; TWI-5 = 69.2
A review of things you need to know before you sign off on Monday; Kiwibank ups TD rates, service sector roars back, tractor sales fully recovered, swaps take a breather, NZD stays low, & more
19th Sep 22, 3:59pm
35
A review of things you need to know before you sign off on Monday; Kiwibank ups TD rates, service sector roars back, tractor sales fully recovered, swaps take a breather, NZD stays low, & more
Risks mount for investors; China data improves, but yuan falls faster in free markets; Chinese property prices fall; Hungary imposes controls; funds flow into the US; UST 10yr 3.46%; gold and oil stable; NZ$1 = 59.9 USc; TWI-5 = 69.6
19th Sep 22, 7:19am
52
Risks mount for investors; China data improves, but yuan falls faster in free markets; Chinese property prices fall; Hungary imposes controls; funds flow into the US; UST 10yr 3.46%; gold and oil stable; NZ$1 = 59.9 USc; TWI-5 = 69.6
US consumer mood improves but investor mood darkens; China data improves except for housing; Germany seizes Rosneft assets; lithium cost at record high; UST 10yr 3.46%; gold up and oil stable; NZ$1 = 59.8 USc; TWI-5 = 69.5
17th Sep 22, 8:48am
19
US consumer mood improves but investor mood darkens; China data improves except for housing; Germany seizes Rosneft assets; lithium cost at record high; UST 10yr 3.46%; gold up and oil stable; NZ$1 = 59.8 USc; TWI-5 = 69.5
A review of things you need to know before you sign off on Friday; a hot home loan rate from TSB, the PMI expansion rose, more FLP funding, better China data, swaps rise, NZD falls, & more
16th Sep 22, 3:59pm
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A review of things you need to know before you sign off on Friday; a hot home loan rate from TSB, the PMI expansion rose, more FLP funding, better China data, swaps rise, NZD falls, & more
US labour market stays very tight; US retail rises; but US industrial production weakens; China weaker again; Japan posts huge trade deficit; Aussie jobs expand; UST 10yr 3.46%; gold and oil drop; NZ$1 = 59.8 USc; TWI-5 = 69.5
16th Sep 22, 7:28am
72
US labour market stays very tight; US retail rises; but US industrial production weakens; China weaker again; Japan posts huge trade deficit; Aussie jobs expand; UST 10yr 3.46%; gold and oil drop; NZ$1 = 59.8 USc; TWI-5 = 69.5
Despite rises in wholesale rates, TSB launches a market leading low one year fixed home loan rate. It raises term deposit rates at the same time
15th Sep 22, 5:19pm
13
Despite rises in wholesale rates, TSB launches a market leading low one year fixed home loan rate. It raises term deposit rates at the same time
A review of things you need to know before you sign off on Thursday; Westpac dumps some fees, GDP rise beats most forecasts, new house building slows in Auckland, Morton gets Beijing gig, swaps firm, NZD holds low, & more
15th Sep 22, 3:59pm
47
A review of things you need to know before you sign off on Thursday; Westpac dumps some fees, GDP rise beats most forecasts, new house building slows in Auckland, Morton gets Beijing gig, swaps firm, NZD holds low, & more
US PPI slips but rail strike a new inflation threat; China's borrowers turn very cautious; Japanese machine orders rise; Google loses big; Aussie new house sales weak; UST 10yr 3.41%; gold soft and oil firm; NZ$1 = 60.2 USc; TWI-5 = 69.8
15th Sep 22, 7:22am
83
US PPI slips but rail strike a new inflation threat; China's borrowers turn very cautious; Japanese machine orders rise; Google loses big; Aussie new house sales weak; UST 10yr 3.41%; gold soft and oil firm; NZ$1 = 60.2 USc; TWI-5 = 69.8
A review of things you need to know before you sign off on Wednesday; bad current account deficit, NZSF makes virtue switch, HPI records housing falls, swaps up, NZD down, & more
14th Sep 22, 3:59pm
71
A review of things you need to know before you sign off on Wednesday; bad current account deficit, NZSF makes virtue switch, HPI records housing falls, swaps up, NZD down, & more
US inflation slips less than expected; pressure comes from costs other than fuel; markets fear hard landing; China faces Fosun meltdown; German sentiment dives; UST 10yr 3.42%; gold and oil soft; NZ$1 = 60.1 USc; TWI-5 = 69.8
14th Sep 22, 7:28am
89
US inflation slips less than expected; pressure comes from costs other than fuel; markets fear hard landing; China faces Fosun meltdown; German sentiment dives; UST 10yr 3.42%; gold and oil soft; NZ$1 = 60.1 USc; TWI-5 = 69.8
A review of things you need to know before you sign off on Tuesday; house prices drop fast, food prices rise fast, rents rises mixed, swaps lower and more inverted, NZD holds, & more
13th Sep 22, 4:56pm
19
A review of things you need to know before you sign off on Tuesday; house prices drop fast, food prices rise fast, rents rises mixed, swaps lower and more inverted, NZD holds, & more
US inflation expectations ease; world grain supply holds; Japanese machine tool orders up; China buys more from Australia; India inflation up, factory output hesitates; UST 10yr 3.36%; gold and oil firm; NZ$1 = 61.5 USc; TWI-5 = 70.7
13th Sep 22, 7:19am
79
US inflation expectations ease; world grain supply holds; Japanese machine tool orders up; China buys more from Australia; India inflation up, factory output hesitates; UST 10yr 3.36%; gold and oil firm; NZ$1 = 61.5 USc; TWI-5 = 70.7
A review of things you need to know before you sign off on Monday; quiet on the rates front, busy at the border, losses at the NZSF, a one-off public holiday, swaps quiet, NZ stable, & more
12th Sep 22, 3:59pm
24
A review of things you need to know before you sign off on Monday; quiet on the rates front, busy at the border, losses at the NZSF, a one-off public holiday, swaps quiet, NZ stable, & more