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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 6 months

Latest articles

ANZ moves to raise rates back up to levels first adopted by rival ASB, taking some longer term rates back closer to 5%
28th Sep 21, 6:40pm
26
ANZ moves to raise rates back up to levels first adopted by rival ASB, taking some longer term rates back closer to 5%
A review of things you need to know before you go home on Tuesday; some retail rate rises, big deductibility clarification, strong labour market, Akl Council delivers HUGE result, swaps firm, NZD soft, & more
28th Sep 21, 3:59pm
23
A review of things you need to know before you go home on Tuesday; some retail rate rises, big deductibility clarification, strong labour market, Akl Council delivers HUGE result, swaps firm, NZD soft, & more
Rising wholesale money costs are pressing banks to raise rates, but the pace of the rises vary among institutions. That means exploitable advantages are available for borrowers who need to fix now
28th Sep 21, 1:30pm
1
Rising wholesale money costs are pressing banks to raise rates, but the pace of the rises vary among institutions. That means exploitable advantages are available for borrowers who need to fix now
US factory orders jump; UST yields rise; US Federal deficit falls; Taiwan factories even busier; China confronts sudden power outages; margin debt jumps; UST 10yr 1.48%, oil and gold firm ; NZ$1 = 70.2 USc; TWI-5 = 73.6
28th Sep 21, 7:32am
49
US factory orders jump; UST yields rise; US Federal deficit falls; Taiwan factories even busier; China confronts sudden power outages; margin debt jumps; UST 10yr 1.48%, oil and gold firm ; NZ$1 = 70.2 USc; TWI-5 = 73.6
A review of things you need to know before you go home on Monday; No retail rate changes, low auction activity, Synlait stumbles, green hydrogen looks promising, swaps stable, NZD holds, & more
27th Sep 21, 3:59pm
36
A review of things you need to know before you go home on Monday; No retail rate changes, low auction activity, Synlait stumbles, green hydrogen looks promising, swaps stable, NZD holds, & more
German elections, Huawei deal, Evergrande bonds, US debt ceiling all driven by politics; Japan's inflation low; Taiwan exports high; IMF warns Australia; UST 10yr 1.45%, oil and gold firm ; NZ$1 = 70.1 USc; TWI-5 = 73.6
27th Sep 21, 7:19am
53
German elections, Huawei deal, Evergrande bonds, US debt ceiling all driven by politics; Japan's inflation low; Taiwan exports high; IMF warns Australia; UST 10yr 1.45%, oil and gold firm ; NZ$1 = 70.1 USc; TWI-5 = 73.6
At least $1 billion in 'excess' interest cost is being left on the table by home owners who don't negotiate hard enough for the best mortgage rate available, sure to rise as policy makers create the conditions for higher rates
26th Sep 21, 4:55pm
8
At least $1 billion in 'excess' interest cost is being left on the table by home owners who don't negotiate hard enough for the best mortgage rate available, sure to rise as policy makers create the conditions for higher rates
US default looms; Evergrande misses key payment; factories expanding in Japan, Taiwan, Singapore; key commodity prices surge; China drops hammer on cryptos; UST 10yr 1.46%, oil firms but gold slips; NZ$1 = 70.1 USc; TWI-5 = 73.6
25th Sep 21, 8:19am
75
US default looms; Evergrande misses key payment; factories expanding in Japan, Taiwan, Singapore; key commodity prices surge; China drops hammer on cryptos; UST 10yr 1.46%, oil firms but gold slips; NZ$1 = 70.1 USc; TWI-5 = 73.6
A review of things you need to know before you go home on Friday; no retail rate changes, FHB HLA tougher, BNPL fees surge, employment confidence rises, FHBs pull back from mortgage borrowing, swaps rise and steepen, NZD firm, & more
24th Sep 21, 3:59pm
44
A review of things you need to know before you go home on Friday; no retail rate changes, FHB HLA tougher, BNPL fees surge, employment confidence rises, FHBs pull back from mortgage borrowing, swaps rise and steepen, NZD firm, & more
The US economic expansion slows somewhat; US household net worth leaps; China prepares for an Evergrande failure, power shortages; many central bank reviews; UST 10yr 1.40%, oil firms but gold drops; NZ$1 = 70.8 USc; TWI-5 = 74.1
24th Sep 21, 7:23am
52
The US economic expansion slows somewhat; US household net worth leaps; China prepares for an Evergrande failure, power shortages; many central bank reviews; UST 10yr 1.40%, oil firms but gold drops; NZ$1 = 70.8 USc; TWI-5 = 74.1
A review of things you need to know before you go home on Thursday; no retail rate changes, lower speed limit, higher farmgate payout, NZGBs in hot demand, AWS coming here, swaps lower, NZD lower, & more
23rd Sep 21, 3:59pm
17
A review of things you need to know before you go home on Thursday; no retail rate changes, lower speed limit, higher farmgate payout, NZGBs in hot demand, AWS coming here, swaps lower, NZD lower, & more
The US Fed signals imminent tapering, and rate rises; US faces credit rating downgrade; EU sentiment high; Evergrande moment of truth arrives; Taiwan wants in to TPP; UST 10yr 1.31%, oil firms but gold holds; NZ$1 = 70.2 USc; TWI-5 = 73.6
23rd Sep 21, 7:19am
43
The US Fed signals imminent tapering, and rate rises; US faces credit rating downgrade; EU sentiment high; Evergrande moment of truth arrives; Taiwan wants in to TPP; UST 10yr 1.31%, oil firms but gold holds; NZ$1 = 70.2 USc; TWI-5 = 73.6
A review of things you need to know before you go home on Wednesday; more mortgage rate rises, positive dairy auction, retail bounceback underway, lamb prices high, insurers doing well, swaps and NZD stable, & more
22nd Sep 21, 3:59pm
13
A review of things you need to know before you go home on Wednesday; more mortgage rate rises, positive dairy auction, retail bounceback underway, lamb prices high, insurers doing well, swaps and NZD stable, & more
Dairy prices rise again; Evergrande threatens global bond funds; US housing starts recover; OECD optimistic; Aussie financial hardship on the rise; UST 10yr 1.33%, oil holds and gold up; NZ$1 = 70 USc; TWI-5 = 73.4
22nd Sep 21, 7:20am
54
Dairy prices rise again; Evergrande threatens global bond funds; US housing starts recover; OECD optimistic; Aussie financial hardship on the rise; UST 10yr 1.33%, oil holds and gold up; NZ$1 = 70 USc; TWI-5 = 73.4
A review of things you need to know before you go home on Tuesday; no retail rate changes, RBNZ speaks, consumer confidence lower, credit cards wither, swaps pull back, NZD stable, & more
21st Sep 21, 3:59pm
27
A review of things you need to know before you go home on Tuesday; no retail rate changes, RBNZ speaks, consumer confidence lower, credit cards wither, swaps pull back, NZD stable, & more
Broad sentiment fall hits markets; Canada voting; Evergrande contagion spreading; German PPI rising faster; equities fall sharply; UST 10yr 1.31%, oil soft and gold holds; NZ$1 = 70.3 USc; TWI-5 = 73.7
21st Sep 21, 7:19am
109
Broad sentiment fall hits markets; Canada voting; Evergrande contagion spreading; German PPI rising faster; equities fall sharply; UST 10yr 1.31%, oil soft and gold holds; NZ$1 = 70.3 USc; TWI-5 = 73.7
A review of things you need to know before you go home on Monday; more mortgage rate rises, PSI dives, auction market shrivels, few farm listings or sales, swaps stay firm, NZD settles, & more
20th Sep 21, 3:59pm
15
A review of things you need to know before you go home on Monday; more mortgage rate rises, PSI dives, auction market shrivels, few farm listings or sales, swaps stay firm, NZD settles, & more
US Fed faces US debt ceiling stoush, sinking consumer sentiment, and Wall St unease; PBoC faces its own stresses; iron ore price sinks fast; UST 10yr 1.36%, oil and gold soft; NZ$1 = 70.3 USc; TWI-5 = 73.8
20th Sep 21, 7:19am
39
US Fed faces US debt ceiling stoush, sinking consumer sentiment, and Wall St unease; PBoC faces its own stresses; iron ore price sinks fast; UST 10yr 1.36%, oil and gold soft; NZ$1 = 70.3 USc; TWI-5 = 73.8
With wholesale interest rates on the rise as the markets expect an OCR rise soon, we check where term deposit rates are now and how they compare to Aussie rates, where no rate rises are on the horizon
19th Sep 21, 6:00am
18
With wholesale interest rates on the rise as the markets expect an OCR rise soon, we check where term deposit rates are now and how they compare to Aussie rates, where no rate rises are on the horizon
China's Evergrande situation worsens; China growth vanishes; panic selling of iron ore contracts; US sentiment stays low; Australia oks new coal mine; UST 10yr 1.37%, oil soft, gold falls again; NZ$1 = 70.4 USc; TWI-5 = 73.7
18th Sep 21, 8:35am
110
China's Evergrande situation worsens; China growth vanishes; panic selling of iron ore contracts; US sentiment stays low; Australia oks new coal mine; UST 10yr 1.37%, oil soft, gold falls again; NZ$1 = 70.4 USc; TWI-5 = 73.7
A review of things you need to know before you go home on Friday; more retail rate rises, PMI dives, productivity jumps; Govt pulls a swift one on the car retailers, swaps stable but bonds rise, NZD settles, & more
17th Sep 21, 3:59pm
26
A review of things you need to know before you go home on Friday; more retail rate rises, PMI dives, productivity jumps; Govt pulls a swift one on the car retailers, swaps stable but bonds rise, NZD settles, & more
China applies to join the TPP; World Bank dumps key report that favoured NZ; US retails sales strong; OECD wants global ETS; UST 10yr 1.34%, oil holds, gold sinks; NZ$1 = 70.7 USc; TWI-5 = 74
17th Sep 21, 7:42am
90
China applies to join the TPP; World Bank dumps key report that favoured NZ; US retails sales strong; OECD wants global ETS; UST 10yr 1.34%, oil holds, gold sinks; NZ$1 = 70.7 USc; TWI-5 = 74
A review of things you need to know before you go home on Thursday; interest rates move higher, except TD rates, GDP surprises on the up side, more for the Govt's pandemic emergency fund, swaps jump, NZD much firmer, & more
16th Sep 21, 3:59pm
35
A review of things you need to know before you go home on Thursday; interest rates move higher, except TD rates, GDP surprises on the up side, more for the Govt's pandemic emergency fund, swaps jump, NZD much firmer, & more
ASB sets a new tone in the mortgage market with 30 basis points rate hikes for the most popular fixed home loan terms, takes 18 month and two year rates above 3%. Westpac has matched them
16th Sep 21, 9:30am
31
ASB sets a new tone in the mortgage market with 30 basis points rate hikes for the most popular fixed home loan terms, takes 18 month and two year rates above 3%. Westpac has matched them
US data positive; Canada inflation surges; China data weak across the board; eyes on lithium; OECD reviews Australia; UST 10yr 1.30%, oil rises, gold falls; NZ$1 = 71.1 USc; TWI-5 = 74.1
16th Sep 21, 7:22am
78
US data positive; Canada inflation surges; China data weak across the board; eyes on lithium; OECD reviews Australia; UST 10yr 1.30%, oil rises, gold falls; NZ$1 = 71.1 USc; TWI-5 = 74.1