David Chaston

Kiwibank raises its floating mortgage rate 25 basis points, and ups its home loan fixed rates too, some to higher than its Aussie bank rivals

Kiwibank raises its floating mortgage rate 25 basis points, and ups its home loan fixed rates too, some to higher than its Aussie bank rivals

The fight for Ukraine widens; penalties against Russia grow; China distances itself; US data impressive; Australian inflation jumps; UST 10yr 1.97%; oil lower and gold up; NZ$1 = 67.4 USc; TWI-5 = 72.1

The fight for Ukraine widens; penalties against Russia grow; China distances itself; US data impressive; Australian inflation jumps; UST 10yr 1.97%; oil lower and gold up; NZ$1 = 67.4 USc; TWI-5 = 72.1

US data very positive; Russia needs this war to remain relevant in Putin's eyes, but it accelerates its demise; Singapore shudder; Aussie inflation warning; UST 10yr 1.99%; oil and gold down; NZ$1 = 67.4 USc; TWI-5 = 72.1

US data very positive; Russia needs this war to remain relevant in Putin's eyes, but it accelerates its demise; Singapore shudder; Aussie inflation warning; UST 10yr 1.99%; oil and gold down; NZ$1 = 67.4 USc; TWI-5 = 72.1

A review of things you need to know before you go home on Friday; more rate rises, trade deficit bigger, retail sales up, more pandemic support, mortgage lending settles, swaps up, NZD up, & more

A review of things you need to know before you go home on Friday; more rate rises, trade deficit bigger, retail sales up, more pandemic support, mortgage lending settles, swaps up, NZD up, & more

Here's a summary of changes to banks' floating mortgage rates since Wednesday's Reserve Bank 25 basis points Official Cash Rate increase

Here's a summary of changes to banks' floating mortgage rates since Wednesday's Reserve Bank 25 basis points Official Cash Rate increase

As markets are moving quickly as the full-scale Russian invasion of Ukraine rolls out, we update some key data changes

As markets are moving quickly as the full-scale Russian invasion of Ukraine rolls out, we update some key data changes

Russia's unprovoked attack transforms world economy; China and India on sidelines; US data all positive; shipping and commodity prices jump; UST 10yr 1.92%; oil and gold up; NZ$1 = 66.7 USc; TWI-5 = 71.5

Russia's unprovoked attack transforms world economy; China and India on sidelines; US data all positive; shipping and commodity prices jump; UST 10yr 1.92%; oil and gold up; NZ$1 = 66.7 USc; TWI-5 = 71.5

A review of things you need to know before you go home on Thursday; floating rate increases from OCR hike, Fonterra raises payout forecast, incomes rose faster than inflation, swaps firm, NZD firm, & more

A review of things you need to know before you go home on Thursday; floating rate increases from OCR hike, Fonterra raises payout forecast, incomes rose faster than inflation, swaps firm, NZD firm, & more

NZ's largest home loan lender raises its floating rates by the full 25 basis points of the RBNZ OCR hike, raises some savings rates too

NZ's largest home loan lender raises its floating rates by the full 25 basis points of the RBNZ OCR hike, raises some savings rates too

Fonterra farmers to reap more than $14 bln from milk payouts in the current season as the cooperative raises its payout guidance for a fourth consecutive time

Fonterra farmers to reap more than $14 bln from milk payouts in the current season as the cooperative raises its payout guidance for a fourth consecutive time

Markets have muted reaction to Russian invasion; US retail remains strong; global food prices rise; Aussie wages up modestly keeping RBA at bay; UST 10yr 1.98%; oil slips but gold up; NZ$1 = 67.8 USc; TWI-5 = 72.2

Markets have muted reaction to Russian invasion; US retail remains strong; global food prices rise; Aussie wages up modestly keeping RBA at bay; UST 10yr 1.98%; oil slips but gold up; NZ$1 = 67.8 USc; TWI-5 = 72.2

A review of things you need to know before you go home on Wednesday; RBNZ raised the OCR by 25 bps with hawkish tone, health insurers tout claims payouts, GHG emissions stable, swaps firm, NZD firm, & more

A review of things you need to know before you go home on Wednesday; RBNZ raised the OCR by 25 bps with hawkish tone, health insurers tout claims payouts, GHG emissions stable, swaps firm, NZD firm, & more

Russian invades Ukraine in limited manner; US PMIs healthy; UST yields rise; China to mine more coal, cut taxes; commodities rise; UST 10yr 1.93%; oil and gold up; NZ$1 = 67.5 USc; TWI-5 = 71.9

Russian invades Ukraine in limited manner; US PMIs healthy; UST yields rise; China to mine more coal, cut taxes; commodities rise; UST 10yr 1.93%; oil and gold up; NZ$1 = 67.5 USc; TWI-5 = 71.9

A review of things you need to know before you go home on Tuesday; TSB raised a key rate, FHB affordability improves with lower house prices, credit card balances atrophy, swaps down, NZD firm, & more

A review of things you need to know before you go home on Tuesday; TSB raised a key rate, FHB affordability improves with lower house prices, credit card balances atrophy, swaps down, NZD firm, & more

Ukraine dominates headlines; China's house prices slip; Taiwan export orders high; EU PMIs positive; ditto Australian PMIs; UST 10yr 1.93%; oil firm but gold soft; NZ$1 = 67.2 USc; TWI-5 = 71.6

Ukraine dominates headlines; China's house prices slip; Taiwan export orders high; EU PMIs positive; ditto Australian PMIs; UST 10yr 1.93%; oil firm but gold soft; NZ$1 = 67.2 USc; TWI-5 = 71.6

A review of things you need to know before you go home on Monday; more retail rate changes, more support grants & loans, NZIER shadow board wants big OCR hike, swaps slip, NZD firm, & more

A review of things you need to know before you go home on Monday; more retail rate changes, more support grants & loans, NZIER shadow board wants big OCR hike, swaps slip, NZD firm, & more

China's property woes worsen; Hong Kong exodus intensifies; no Japanese inflation rise; Ukraine juices some commodity prices; AGL gets surprise bid; UST 10yr 1.93%; oil and gold up; NZ$1 = 66.9 USc; TWI-5 = 71.5

China's property woes worsen; Hong Kong exodus intensifies; no Japanese inflation rise; Ukraine juices some commodity prices; AGL gets surprise bid; UST 10yr 1.93%; oil and gold up; NZ$1 = 66.9 USc; TWI-5 = 71.5

Markets eye Ukraine risks; US housing market hot; Canada retail sales up; Japanese CPI low; Hong Kong exodus; EU sentiment slips; UST 10yr 1.93%; oil down and gold up; NZ$1 = 67 USc; TWI-5 = 71.5

Markets eye Ukraine risks; US housing market hot; Canada retail sales up; Japanese CPI low; Hong Kong exodus; EU sentiment slips; UST 10yr 1.93%; oil down and gold up; NZ$1 = 67 USc; TWI-5 = 71.5

A review of things you need to know before you go home on Friday; retail rates rise, inflation expectations up, eyes on supply chain cartels, producer prices up sharply, swaps slip, NZD firms, & more

A review of things you need to know before you go home on Friday; retail rates rise, inflation expectations up, eyes on supply chain cartels, producer prices up sharply, swaps slip, NZD firms, & more

Term deposit rates are moving up, following mortgage rates, and wholesale financial pressures. But there's no evidence the smallness of the recent increases are out of line with how they have always moved

Term deposit rates are moving up, following mortgage rates, and wholesale financial pressures. But there's no evidence the smallness of the recent increases are out of line with how they have always moved

David Chaston assesses the current round of mortgage rate increases in the perspective of how rates have changed over the past five years, and suggests there's serious upside ahead

David Chaston assesses the current round of mortgage rate increases in the perspective of how rates have changed over the past five years, and suggests there's serious upside ahead

US jobless claims near all-time low; Fed's balance sheet tops out; Japan's machinery orders strong; China yuan appreciating; Aussie jobs stutter; UST 10yr 1.98%; oil down and gold up; NZ$1 = 67 USc; TWI-5 = 71.3

US jobless claims near all-time low; Fed's balance sheet tops out; Japan's machinery orders strong; China yuan appreciating; Aussie jobs stutter; UST 10yr 1.98%; oil down and gold up; NZ$1 = 67 USc; TWI-5 = 71.3

A review of things you need to know before you go home on Thursday; BNZ raises some home loan rates, Crown deficits embed, tax take very high & rising, population stable but ageing. swaps retreat, NZF firms, & more

A review of things you need to know before you go home on Thursday; BNZ raises some home loan rates, Crown deficits embed, tax take very high & rising, population stable but ageing. swaps retreat, NZF firms, & more

Retail sales lead a broad range of positive American data; Canada CPI high; China inflation low; EU industrial production up; RBA to raise rates soon; UST 10yr 2.04%; oil and gold rise; NZ$1 = 66.7 USc; TWI-5 = 71.1

Retail sales lead a broad range of positive American data; Canada CPI high; China inflation low; EU industrial production up; RBA to raise rates soon; UST 10yr 2.04%; oil and gold rise; NZ$1 = 66.7 USc; TWI-5 = 71.1

BNZ has raised some home loan rates too following ANZ, but somewhat surprisingly, it has lowered a key one as well. Meanwhile many swap rates move up to four to six year highs

BNZ has raised some home loan rates too following ANZ, but somewhat surprisingly, it has lowered a key one as well. Meanwhile many swap rates move up to four to six year highs