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
Broader US tariffs embed inflation expectations worldwide; India's 'go for growth' plan depresses its currency; some key metals rise sharply; UST 10yr at 4.49%; gold and oil up; NZ$1 = 56.5 USc; TWI = 66.8
11th Feb 25, 7:19am
100
Broader US tariffs embed inflation expectations worldwide; India's 'go for growth' plan depresses its currency; some key metals rise sharply; UST 10yr at 4.49%; gold and oil up; NZ$1 = 56.5 USc; TWI = 66.8
A review of things you need to know before you sign off on Monday; TD rate trimmings, and a rise, big bond issues launched, grocery inflation fades, swaps up, NZD stable, bitcoin fades further, & more
10th Feb 25, 3:59pm
113
A review of things you need to know before you sign off on Monday; TD rate trimmings, and a rise, big bond issues launched, grocery inflation fades, swaps up, NZD stable, bitcoin fades further, & more
Banks continue tweaking their term deposit offers with Kiwibank (down & up), and BNZ (down) the latest to move. These changes leave ANZ top of that main bank heap with its six month offer
10th Feb 25, 10:53am
45
Banks continue tweaking their term deposit offers with Kiwibank (down & up), and BNZ (down) the latest to move. These changes leave ANZ top of that main bank heap with its six month offer
The US Fed enters a tricky transition; US data mixed; US sentiment sinks; Canada jobs strong; Japan households spend more freely; China data ho-hum; UST 10yr at 4.50%; gold and oil hold; NZ$1 = 56.6 USc; TWI = 66.9
10th Feb 25, 7:19am
83
The US Fed enters a tricky transition; US data mixed; US sentiment sinks; Canada jobs strong; Japan households spend more freely; China data ho-hum; UST 10yr at 4.50%; gold and oil hold; NZ$1 = 56.6 USc; TWI = 66.9
US jobs growth weak, sentiment drops rather hard; more tariff pain coming; Canada jobs growth strong; Japan spending jumps; India cuts; UST 10yr at 4.44%; gold up, oil holds; NZ$1 = 56.7 USc; TWI = 67; El Salvador ends bitcoin's role
8th Feb 25, 8:45am
125
US jobs growth weak, sentiment drops rather hard; more tariff pain coming; Canada jobs growth strong; Japan spending jumps; India cuts; UST 10yr at 4.44%; gold up, oil holds; NZ$1 = 56.7 USc; TWI = 67; El Salvador ends bitcoin's role
A review of things you need to know before you sign off on Friday; some minor retail rate moves, FHB affordability improves, fast track launched, Tower profits higher, swaps rise, NZD firms, oil low, & more
7th Feb 25, 3:59pm
40
A review of things you need to know before you sign off on Friday; some minor retail rate moves, FHB affordability improves, fast track launched, Tower profits higher, swaps rise, NZD firms, oil low, & more
US services expansion slows; US vehicle sales ease; India to change rate & inflation focus; England cuts rates; Aussie trade surplus lower; freight rates fall; UST 10yr at 4.44%; gold and oil ease; NZ$1 = 56.7 USc; TWI = 67
7th Feb 25, 7:19am
130
US services expansion slows; US vehicle sales ease; India to change rate & inflation focus; England cuts rates; Aussie trade surplus lower; freight rates fall; UST 10yr at 4.44%; gold and oil ease; NZ$1 = 56.7 USc; TWI = 67
Dreams turn into nightmares. Aussie dissatisfaction with the availability of good, affordable housing is now among the highest in OECD
6th Feb 25, 10:51am
75
Dreams turn into nightmares. Aussie dissatisfaction with the availability of good, affordable housing is now among the highest in OECD
A review of things you need to know before you sign off on Wednesday; a sub 5% home loan rate surprises, the rising jobless rate doesn't surprise, car sales soft, retail also soft, emissions dip, commodity prices jump, swaps ease, NZD firms, & more
5th Feb 25, 3:59pm
86
A review of things you need to know before you sign off on Wednesday; a sub 5% home loan rate surprises, the rising jobless rate doesn't surprise, car sales soft, retail also soft, emissions dip, commodity prices jump, swaps ease, NZD firms, & more
Westpac surprises the home loan market with a big cut to its fixed three year rate, taking it below 5% to the lowest any mortgage rate has been in 27 months
5th Feb 25, 3:09pm
76
Westpac surprises the home loan market with a big cut to its fixed three year rate, taking it below 5% to the lowest any mortgage rate has been in 27 months
[updated]
Kiwibank makes another small home loan rate cut, possibly to be followed by another major bank. But the mortgage markets now await the RBNZ's OCR review, to be followed by a massive refixing surge
5th Feb 25, 9:26am
13
Kiwibank makes another small home loan rate cut, possibly to be followed by another major bank. But the mortgage markets now await the RBNZ's OCR review, to be followed by a massive refixing surge
Dairy prices rise; US labour market signals negative; ditto inventories; tariff counterpunches come; currency changes hurt the US; UST 10yr at 4.52%; gold at new high; oil unchanged; NZ$1 = 56.2 USc; TWI = 66.9
5th Feb 25, 7:20am
69
Dairy prices rise; US labour market signals negative; ditto inventories; tariff counterpunches come; currency changes hurt the US; UST 10yr at 4.52%; gold at new high; oil unchanged; NZ$1 = 56.2 USc; TWI = 66.9
A review of things you need to know before you sign off on Tuesday; no retail rate changes, DCS set for July launch, house prices fall in Auckland, building permits weak, eyes on dairy auction, swaps stable, NZD steady, & more
4th Feb 25, 3:59pm
78
A review of things you need to know before you sign off on Tuesday; no retail rate changes, DCS set for July launch, house prices fall in Auckland, building permits weak, eyes on dairy auction, swaps stable, NZD steady, & more
US tariff backtracks start; PMIs improve in the US, Canada, China; EU inflation eases higher; Aussie retail and house prices slip; UST 10yr at 4.52%; gold at new high; oil unchanged; NZ$1 = 56 USc; TWI = 66.7
4th Feb 25, 7:19am
180
US tariff backtracks start; PMIs improve in the US, Canada, China; EU inflation eases higher; Aussie retail and house prices slip; UST 10yr at 4.52%; gold at new high; oil unchanged; NZ$1 = 56 USc; TWI = 66.7
A review of things you need to know before you sign off on Monday; many retail rate changes, inflation lingers, listings surge, the tariff war odour spreads over everything, swaps drop, NZD falls against the USD like everyone, & more
3rd Feb 25, 3:59pm
119
A review of things you need to know before you sign off on Monday; many retail rate changes, inflation lingers, listings surge, the tariff war odour spreads over everything, swaps drop, NZD falls against the USD like everyone, & more
ASB tweaks its mortgage rate card lower, although the shifts are minor and may indicate the main banks are struggling to justify home loan pricing at this level
3rd Feb 25, 10:46am
74
ASB tweaks its mortgage rate card lower, although the shifts are minor and may indicate the main banks are struggling to justify home loan pricing at this level
Banks trim term deposit rate offers further with no main bank now offering a 5% rate
3rd Feb 25, 9:56am
5
Banks trim term deposit rate offers further with no main bank now offering a 5% rate
US imposes big tariffs against Canada, Mexico and China; US PCE inflation rises; Japan data good; India cuts income taxes; Aussie PPI high but easing; UST 10yr at 4.51%; gold at new high; oil down; NZ$1 = 56.7 USc; TWI = 67.2
3rd Feb 25, 7:19am
125
US imposes big tariffs against Canada, Mexico and China; US PCE inflation rises; Japan data good; India cuts income taxes; Aussie PPI high but easing; UST 10yr at 4.51%; gold at new high; oil down; NZ$1 = 56.7 USc; TWI = 67.2
[updated]
US PCE rises; Canada differential 'extreme'; Japanese retail sales rise; EU inflation stays up; Aussie advisers squeal at high cost of compo fund; UST 10yr at 4.51%; gold at new high; oil down; NZ$1 = 56.7 USc; TWI = 67.2
1st Feb 25, 8:09am
61
US PCE rises; Canada differential 'extreme'; Japanese retail sales rise; EU inflation stays up; Aussie advisers squeal at high cost of compo fund; UST 10yr at 4.51%; gold at new high; oil down; NZ$1 = 56.7 USc; TWI = 67.2
A review of things you need to know before you sign off on Friday; no retail rate changes, consumer sentiment eases, housing & business lending firm but rural lending weak, TDs jump, swaps & NZD stable, & more
31st Jan 25, 4:00pm
43
A review of things you need to know before you sign off on Friday; no retail rate changes, consumer sentiment eases, housing & business lending firm but rural lending weak, TDs jump, swaps & NZD stable, & more
US posts impressive growth but less than expected; ECB cuts again with EU stalled; freight rates fall; air travel hits all-time high; UST 10yr at 4.53%; gold up near ATH and oil down; NZ$1 = 56.5 USc; TWI = 67
31st Jan 25, 7:18am
93
US posts impressive growth but less than expected; ECB cuts again with EU stalled; freight rates fall; air travel hits all-time high; UST 10yr at 4.53%; gold up near ATH and oil down; NZ$1 = 56.5 USc; TWI = 67
A review of things you need to know before you sign off on Thursday; more BNZ rate cuts, Heartland TD cuts too, trade in surplus, exports rising, inflation lingering, NZGBs very popular, fraud in focus, swaps & NZD stable, & more
30th Jan 25, 3:59pm
89
A review of things you need to know before you sign off on Thursday; more BNZ rate cuts, Heartland TD cuts too, trade in surplus, exports rising, inflation lingering, NZGBs very popular, fraud in focus, swaps & NZD stable, & more
Banks are now super-sensitive to customer reactions when they have what is perceived as an uncompetitive mortgage rate card, and are moving quickly to hold their positions
30th Jan 25, 8:01am
19
Banks are now super-sensitive to customer reactions when they have what is perceived as an uncompetitive mortgage rate card, and are moving quickly to hold their positions
Eyes on US Fed; US data starts to react to Trump distortions; Canada trims rate; Russia PPI inflation jumps; Aussie inflation sets up rate cut; UST 10yr at 4.55%; gold soft and oil firm; NZ$1 = 56.5 USc; TWI = 67.1
30th Jan 25, 7:19am
36
Eyes on US Fed; US data starts to react to Trump distortions; Canada trims rate; Russia PPI inflation jumps; Aussie inflation sets up rate cut; UST 10yr at 4.55%; gold soft and oil firm; NZ$1 = 56.5 USc; TWI = 67.1
A review of things you need to know before you sign off on Wednesday; BNZ ends 5% TD rate, banking complaint scorecard update, mortgage interest paid swells, Aussie CPI modest, swaps & NZD hold, & more
29th Jan 25, 3:59pm
88
A review of things you need to know before you sign off on Wednesday; BNZ ends 5% TD rate, banking complaint scorecard update, mortgage interest paid swells, Aussie CPI modest, swaps & NZD hold, & more