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 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
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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
47
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
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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
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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
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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
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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
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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
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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
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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
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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
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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
Two key US surveys point to contractions; UST 2yr yield slips; Singapore inflation dives; local power price spike; UST 10yr at 4.41%; gold and oil firm; NZ$1 = 57.5 USc; TWI = 67.2
25th Feb 25, 7:20am
18
Two key US surveys point to contractions; UST 2yr yield slips; Singapore inflation dives; local power price spike; UST 10yr at 4.41%; gold and oil firm; NZ$1 = 57.5 USc; TWI = 67.2
To keep our content free we are making some changes to access to our email newsletters, and to our commenting process
24th Feb 25, 4:07pm
157
To keep our content free we are making some changes to access to our email newsletters, and to our commenting process
A review of things you need to know before you sign off on Monday; many rate changes, all cuts, housing market sentiment firms, retail shows green shoots, NZX drops hard, swaps on hold, NZD little-changed, & more
24th Feb 25, 3:59pm
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A review of things you need to know before you sign off on Monday; many rate changes, all cuts, housing market sentiment firms, retail shows green shoots, NZX drops hard, swaps on hold, NZD little-changed, & more
[updated]
Another week, more term deposit rate cuts led by some large & some challenger banks. The arrival of sub-4% rates spread, and rate inversions narrow
24th Feb 25, 11:22am
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Another week, more term deposit rate cuts led by some large & some challenger banks. The arrival of sub-4% rates spread, and rate inversions narrow
[updated]
ASB matches the new lower ANZ two year mortgage rates, and launches a low one year fixed rate (although not as low as Kiwibank). Now Westpac has cut too
24th Feb 25, 8:46am
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ASB matches the new lower ANZ two year mortgage rates, and launches a low one year fixed rate (although not as low as Kiwibank). Now Westpac has cut too
Buyers remorse shows up in US economy; Warren Buffett sounds warning; Canada, Japan & India reveal good data; eyes on German election result; UST 10yr at 4.43%; gold and oil down; NZ$1 = 57.4 USc; TWI = 67.1
24th Feb 25, 7:20am
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Buyers remorse shows up in US economy; Warren Buffett sounds warning; Canada, Japan & India reveal good data; eyes on German election result; UST 10yr at 4.43%; gold and oil down; NZ$1 = 57.4 USc; TWI = 67.1
NZ Super Funds' purchase of Canterbury dairy farms for conversion to horticulture signals a new wave of horticultural growth for a sector pushing to be our third largest export earner
23rd Feb 25, 10:50am
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NZ Super Funds' purchase of Canterbury dairy farms for conversion to horticulture signals a new wave of horticultural growth for a sector pushing to be our third largest export earner
We explore how the Deposit Compensation Scheme could allow savers to earn more term deposit interest by spreading investments among the covered institutions. The result: better than main bank returns
22nd Feb 25, 9:03am
1
We explore how the Deposit Compensation Scheme could allow savers to earn more term deposit interest by spreading investments among the covered institutions. The result: better than main bank returns
US PMIs falter; US sentiment drops; US inflation expectations rise; Japan inflation up; Japan PMIs rise; India still expanding fast; commodity prices weaken; UST 10yr at 4.42%; gold and oil down; NZ$1 = 57.5 USc; TWI = 67.2
22nd Feb 25, 8:15am
136
US PMIs falter; US sentiment drops; US inflation expectations rise; Japan inflation up; Japan PMIs rise; India still expanding fast; commodity prices weaken; UST 10yr at 4.42%; gold and oil down; NZ$1 = 57.5 USc; TWI = 67.2