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
A review of things you need to know before you go home on Thursday; some rare FHB good news, insurers fail culture review, TSB fines for AML lapses, net worth jumps, swaps flatter, NZD firms, & more
22nd Jul 21, 3:59pm
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A review of things you need to know before you go home on Thursday; some rare FHB good news, insurers fail culture review, TSB fines for AML lapses, net worth jumps, swaps flatter, NZD firms, & more
US life expectancy slips; US rents surge; China's flood risks rise with pandemic spread; Japan exports surge; recession fears grow in Australia; UST 10yr 1.29%, oil up and gold down; NZ$1 = 69.7 USc; TWI-5 = 72.8
22nd Jul 21, 7:19am
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US life expectancy slips; US rents surge; China's flood risks rise with pandemic spread; Japan exports surge; recession fears grow in Australia; UST 10yr 1.29%, oil up and gold down; NZ$1 = 69.7 USc; TWI-5 = 72.8
A review of things you need to know before you go home on Wednesday; ANZ raises TD rates, dairy prices down, inflation tipped to go higher, swaps flatten, NZD softer, & more
21st Jul 21, 3:59pm
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A review of things you need to know before you go home on Wednesday; ANZ raises TD rates, dairy prices down, inflation tipped to go higher, swaps flatten, NZD softer, & more
Dairy prices fall again; US new housebuilding completions lag; China's weather causing trouble; Taiwan export orders surge; German PPI high; UST 10yr 1.22%, oil and gold hold; NZ$1 = 69.2 USc; TWI-5 = 72.3
21st Jul 21, 7:24am
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Dairy prices fall again; US new housebuilding completions lag; China's weather causing trouble; Taiwan export orders surge; German PPI high; UST 10yr 1.22%, oil and gold hold; NZ$1 = 69.2 USc; TWI-5 = 72.3
New Zealand's largest bank comes through with some modest term deposit rises, essentially matching those its rivals have already adopted. Just ignore the inflation comparison (and tax) to remain sane
20th Jul 21, 5:50pm
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New Zealand's largest bank comes through with some modest term deposit rises, essentially matching those its rivals have already adopted. Just ignore the inflation comparison (and tax) to remain sane
A review of things you need to know before you go home on Tuesday; big realtor commissions, Fitch upgrades banks, ESG goes mainstream, APRA waves through big bank capital returns, swaps flatter, NZD falls, & more
20th Jul 21, 3:59pm
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A review of things you need to know before you go home on Tuesday; big realtor commissions, Fitch upgrades banks, ESG goes mainstream, APRA waves through big bank capital returns, swaps flatter, NZD falls, & more
Markets recoil on realisation the delta variant will hurt economies badly; China MSS attacks Microsoft email; commodity price outlook wobbly; UST 10yr 1.18%, oil dives and gold retreats; NZ$1 = 69.3 USc; TWI-5 = 72.4
20th Jul 21, 7:19am
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Markets recoil on realisation the delta variant will hurt economies badly; China MSS attacks Microsoft email; commodity price outlook wobbly; UST 10yr 1.18%, oil dives and gold retreats; NZ$1 = 69.3 USc; TWI-5 = 72.4
A review of things you need to know before you go home on Monday; many more retail rate changes, PSI expands faster, MM high but steady, tractor market almost dies, swaps flatten further, NZD soft, & more
19th Jul 21, 3:59pm
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A review of things you need to know before you go home on Monday; many more retail rate changes, PSI expands faster, MM high but steady, tractor market almost dies, swaps flatten further, NZD soft, & more
Steel demand rising just as supply constraints mount; China starts carbon trading; US data disappoints; Hong Kong being shunted to sidelines; UST 10yr 1.30%, oil and gold stable; NZ$1 = 70 USc; TWI-5 = 73
19th Jul 21, 7:19am
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Steel demand rising just as supply constraints mount; China starts carbon trading; US data disappoints; Hong Kong being shunted to sidelines; UST 10yr 1.30%, oil and gold stable; NZ$1 = 70 USc; TWI-5 = 73
Both home loan and term deposit rates have been moving, mostly up. We present tables that make it easy to compare who has moved what and by how much this past week
17th Jul 21, 1:41pm
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Both home loan and term deposit rates have been moving, mostly up. We present tables that make it easy to compare who has moved what and by how much this past week
US retail sales stutter; US sentiment hit by inflation; Hong Kong in a vice; commodity prices stay high, except for food; China opens carbon trading market; UST 10yr 1.29%, oil and gold retreat; NZ$1 = 70.1 USc; TWI-5 = 73
17th Jul 21, 8:28am
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US retail sales stutter; US sentiment hit by inflation; Hong Kong in a vice; commodity prices stay high, except for food; China opens carbon trading market; UST 10yr 1.29%, oil and gold retreat; NZ$1 = 70.1 USc; TWI-5 = 73
A review of things you need to know before you go home on Friday; many big mortgage rate changes, one cut, factories expanding faster, prices rising faster, swaps up, NZD stable, & more
16th Jul 21, 3:59pm
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A review of things you need to know before you go home on Friday; many big mortgage rate changes, one cut, factories expanding faster, prices rising faster, swaps up, NZD stable, & more
Kiwibank says it will cut a key fixed mortgage rate by -6 bps on Monday after others are raising theirs - but they will also raised their low floating rate by +35 bps
16th Jul 21, 2:23pm
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Kiwibank says it will cut a key fixed mortgage rate by -6 bps on Monday after others are raising theirs - but they will also raised their low floating rate by +35 bps
New Zealand's largest home loan lender follows ASB with its own rate hike along with Westpac and BNZ, so the window for grabbing cycle-low fixed mortgage rates is closing fast
16th Jul 21, 8:05am
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New Zealand's largest home loan lender follows ASB with its own rate hike along with Westpac and BNZ, so the window for grabbing cycle-low fixed mortgage rates is closing fast
American factories expanding fast; South Korea bullish; China's expansion slows; Aussie jobs growth threatened; Xi to 'attend' Auckland APEC meeting; UST 10yr 1.30%, oil slips and gold rises; NZ$1 = 69.7 USc; TWI-5 = 72.6
16th Jul 21, 7:19am
26
American factories expanding fast; South Korea bullish; China's expansion slows; Aussie jobs growth threatened; Xi to 'attend' Auckland APEC meeting; UST 10yr 1.30%, oil slips and gold rises; NZ$1 = 69.7 USc; TWI-5 = 72.6
A review of things you need to know before you go home on Thursday; ASB out there alone, high Auckland new build activity, jobless benefit levels slip, swap rates rise again, NZD eases, & more
15th Jul 21, 3:59pm
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A review of things you need to know before you go home on Thursday; ASB out there alone, high Auckland new build activity, jobless benefit levels slip, swap rates rise again, NZD eases, & more
US Beige Book reports growth and price pressures; Bank of Canada mimics RBNZ; China FDI higher; EU adopts tough climate standards; Aussie bruised by pandemic return; UST 10yr 1.36%, oil slips and gold rises; NZ$1 = 70.3 USc; TWI-5 = 73.1
15th Jul 21, 7:19am
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US Beige Book reports growth and price pressures; Bank of Canada mimics RBNZ; China FDI higher; EU adopts tough climate standards; Aussie bruised by pandemic return; UST 10yr 1.36%, oil slips and gold rises; NZ$1 = 70.3 USc; TWI-5 = 73.1
A review of things you need to know before you go home on Wednesday; big mortgage rate hikes, some TD rises, BIG RBNZ signals, migration dead in the water, virus spreads in Australia, swaps jump, NZD rises, & more
14th Jul 21, 3:59pm
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A review of things you need to know before you go home on Wednesday; big mortgage rate hikes, some TD rises, BIG RBNZ signals, migration dead in the water, virus spreads in Australia, swaps jump, NZD rises, & more
Term deposit rates are moving up, but not to levels for fixed terms that will attract many savers. However the lowest point may have past
14th Jul 21, 11:01am
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Term deposit rates are moving up, but not to levels for fixed terms that will attract many savers. However the lowest point may have past
The run of lower and lower mortgage rates may be ending with major ASB pushing through some chunky home loan rate hikes, along with some TD rate rises
14th Jul 21, 9:04am
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The run of lower and lower mortgage rates may be ending with major ASB pushing through some chunky home loan rate hikes, along with some TD rate rises
US inflation jumps; US budget deficit shrinks; China's exports swell; Europe inflation modest; Aussie business confidence knocked; UST 10yr 1.41%, oil up and gold down; NZ$1 = 69.5 USc; TWI-5 = 72.4
14th Jul 21, 7:19am
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US inflation jumps; US budget deficit shrinks; China's exports swell; Europe inflation modest; Aussie business confidence knocked; UST 10yr 1.41%, oil up and gold down; NZ$1 = 69.5 USc; TWI-5 = 72.4
A review of things you need to know before you go home on Tuesday; house prices flat, sales volumes high, food prices & rental prices rise, eyes on CPI, swaps and NZD hold, & more
13th Jul 21, 3:59pm
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A review of things you need to know before you go home on Tuesday; house prices flat, sales volumes high, food prices & rental prices rise, eyes on CPI, swaps and NZD hold, & more
US inflation expectations rise; UST yields slip; India inflation rises; Japanese machinery orders jump again; NSW making no progress yet; UST 10yr 1.36%, oil and gold dip; NZ$1 = 69.8 USc; TWI-5 = 72.5
13th Jul 21, 7:22am
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US inflation expectations rise; UST yields slip; India inflation rises; Japanese machinery orders jump again; NSW making no progress yet; UST 10yr 1.36%, oil and gold dip; NZ$1 = 69.8 USc; TWI-5 = 72.5
A review of things you need to know before you go home on Monday; retail sales gains go timid, social housing register bursts higher, farmers grumpy, swaps soft & flatter, NZD slips, & more
12th Jul 21, 4:10pm
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A review of things you need to know before you go home on Monday; retail sales gains go timid, social housing register bursts higher, farmers grumpy, swaps soft & flatter, NZD slips, & more
Global food prices dip; China cuts RRR; China car sales retreat; China CPI slips; US MPS sees blockages; NSW stumbles on pandemic response; UST 10yr 1.36%, oil stable and gold dips; NZ$1 = 70 USc; TWI-5 = 72.6
12th Jul 21, 7:19am
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Global food prices dip; China cuts RRR; China car sales retreat; China CPI slips; US MPS sees blockages; NSW stumbles on pandemic response; UST 10yr 1.36%, oil stable and gold dips; NZ$1 = 70 USc; TWI-5 = 72.6