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
US moves to remove all ethical guardrails; consumer mood sours; China travel strong; Aussie business sentiment still negative; UST 10yr at 4.56%; gold and oil firm; NZ$1 = 56.6 USc; TWI = 67.1
29th Jan 25, 7:19am
175
US moves to remove all ethical guardrails; consumer mood sours; China travel strong; Aussie business sentiment still negative; UST 10yr at 4.56%; gold and oil firm; NZ$1 = 56.6 USc; TWI = 67.1
A review of things you need to know before you sign off on Tuesday; more retail rate cuts, job numbers turn up, tractor numbers turn down, R/E agent commissions solid, swaps stable, NZD eases, & more
28th Jan 25, 3:59pm
34
A review of things you need to know before you sign off on Tuesday; more retail rate cuts, job numbers turn up, tractor numbers turn down, R/E agent commissions solid, swaps stable, NZD eases, & more
[updated]
Banks trim term deposit rate offers in slow and steady track, shortening the terms for where their peak rates are pitched. But there are exceptions and options
28th Jan 25, 9:41am
Banks trim term deposit rate offers in slow and steady track, shortening the terms for where their peak rates are pitched. But there are exceptions and options
Laggard Kiwibank finally shifts its carded home loan rates down. And it's joined with cuts by many challenger banks. Kiwibank's one year rate now lower than all its Aussie rivals
28th Jan 25, 8:30am
10
Laggard Kiwibank finally shifts its carded home loan rates down. And it's joined with cuts by many challenger banks. Kiwibank's one year rate now lower than all its Aussie rivals
China PMIs weaken, profits soft and tax take lower; US data positive ahead of Q4 GDP result; UST 10yr at 4.53%; equities, gold and oil all down; NZ$1 = 56.8 USc; TWI = 67.1; bitcoin drops
28th Jan 25, 7:19am
69
China PMIs weaken, profits soft and tax take lower; US data positive ahead of Q4 GDP result; UST 10yr at 4.53%; equities, gold and oil all down; NZ$1 = 56.8 USc; TWI = 67.1; bitcoin drops
PMIs everywhere mostly positive; Japan and Singapore moved policy rates; India expansion loses some steam; UST 10yr at 4.62%; gold down and oil on hold; NZ$1 = 57.1 USc; TWI = 67.4
27th Jan 25, 7:19am
45
PMIs everywhere mostly positive; Japan and Singapore moved policy rates; India expansion loses some steam; UST 10yr at 4.62%; gold down and oil on hold; NZ$1 = 57.1 USc; TWI = 67.4
[updated]
Each time a house is 'sold', that triggers an opportunity for industry professionals to participate in a $30,000 or more commission pot
26th Jan 25, 12:17pm
105
Each time a house is 'sold', that triggers an opportunity for industry professionals to participate in a $30,000 or more commission pot
US PMIs positive but inflation lurks; Japan raises rates; Singapore loosens; India tests growth wobbles; Australia PMI contracts less; UST 10yr at 4.62%; gold up and oil down; NZ$1 = 57.2 USc; TWI = 67.4
25th Jan 25, 8:55am
79
US PMIs positive but inflation lurks; Japan raises rates; Singapore loosens; India tests growth wobbles; Australia PMI contracts less; UST 10yr at 4.62%; gold up and oil down; NZ$1 = 57.2 USc; TWI = 67.4
[updated]
A review of things you need to know before you sign off on Friday; more home loan & TD rate cuts, rents softer, credit card use lower, but no credit card stress obvious, Turnbull to Milford, swaps stable, NZD marginally firmer, & more
24th Jan 25, 4:00pm
117
A review of things you need to know before you sign off on Friday; more home loan & TD rate cuts, rents softer, credit card use lower, but no credit card stress obvious, Turnbull to Milford, swaps stable, NZD marginally firmer, & more
Trump bluster sets new low tone, raises risks; eyes on expected Japanese rate hike; China bolsters equity demand; freight rates fall sharply; Turkey cuts rates hard again; UST 10yr at 4.65%; gold and oil down; NZ$1 = 56.8 USc; TWI = 67.2
24th Jan 25, 7:30am
85
Trump bluster sets new low tone, raises risks; eyes on expected Japanese rate hike; China bolsters equity demand; freight rates fall sharply; Turkey cuts rates hard again; UST 10yr at 4.65%; gold and oil down; NZ$1 = 56.8 USc; TWI = 67.2
Westpac falls into line with matching mortgage and term deposit rate reductions. That leaves Kiwibank out on a bit of a limb, but at least they have the best main-bank term deposit rate
23rd Jan 25, 6:10pm
16
Westpac falls into line with matching mortgage and term deposit rate reductions. That leaves Kiwibank out on a bit of a limb, but at least they have the best main-bank term deposit rate
[updated]
A review of things you need to know before you sign off on Thursday; Kiwi Bond rates cut, migration & tourism updates, successful NZGB tender, Crown a/cs show taxpayer stress, record high benefit levels, swaps stable NZD firmish, & more
23rd Jan 25, 3:58pm
85
A review of things you need to know before you sign off on Thursday; Kiwi Bond rates cut, migration & tourism updates, successful NZGB tender, Crown a/cs show taxpayer stress, record high benefit levels, swaps stable NZD firmish, & more
Treasury reduces Kiwi Bond interest rates, the benchmark for risk-free saving for retail savers, their first cut in 2025
23rd Jan 25, 3:42pm
2
Treasury reduces Kiwi Bond interest rates, the benchmark for risk-free saving for retail savers, their first cut in 2025
US retail indicators flash caution; ditto the CB LEI; Canada PPI rise soft; Korean sentiment improves; Aussie LEI improves; Aussie housing market does not; UST 10yr at 4.61%; gold up and oil down; NZ$1 = 56.6 USc; TWI = 67.2
23rd Jan 25, 7:19am
106
US retail indicators flash caution; ditto the CB LEI; Canada PPI rise soft; Korean sentiment improves; Aussie LEI improves; Aussie housing market does not; UST 10yr at 4.61%; gold up and oil down; NZ$1 = 56.6 USc; TWI = 67.2
A review of things you need to know before you sign off on Wednesday; significant mortgage rate changes, dairy prices firm, real estate market quiet, inflation as expected, NZX50 little-changed, swaps stable, NZD on hold, & more
22nd Jan 25, 4:00pm
42
A review of things you need to know before you sign off on Wednesday; significant mortgage rate changes, dairy prices firm, real estate market quiet, inflation as expected, NZX50 little-changed, swaps stable, NZD on hold, & more
Although flexibility by banks on interest rates for mortgages is reducing fast, BNZ has staked a claim for attention by offering the lowest two year fixed rate in the present market
22nd Jan 25, 8:37am
20
Although flexibility by banks on interest rates for mortgages is reducing fast, BNZ has staked a claim for attention by offering the lowest two year fixed rate in the present market
Dairy prices rise as China demand returns; Canada inflation contained; German sentiment positive but less so; China sets lower growth targets; UST 10yr at 4.58%; gold up and oil mixed; NZ$1 = 56.6 USc; TWI = 67.1
22nd Jan 25, 7:19am
68
Dairy prices rise as China demand returns; Canada inflation contained; German sentiment positive but less so; China sets lower growth targets; UST 10yr at 4.58%; gold up and oil mixed; NZ$1 = 56.6 USc; TWI = 67.1
The largest home loan lender cuts its rate card, but in this tight market, discounts from that are becoming rarer. Savers are paying for this discounting because wholesale rates aren't shifting lower
21st Jan 25, 5:31pm
44
The largest home loan lender cuts its rate card, but in this tight market, discounts from that are becoming rarer. Savers are paying for this discounting because wholesale rates aren't shifting lower
[updated]
A review of things you need to know before you sign off on Tuesday; service sector shrinks too, end of year puff for retail, job ads weak, milk flows up, REINZ says 'tomorrow', swaps stable, NZD rises, & more
21st Jan 25, 4:00pm
113
A review of things you need to know before you sign off on Tuesday; service sector shrinks too, end of year puff for retail, job ads weak, milk flows up, REINZ says 'tomorrow', swaps stable, NZD rises, & more
Trump puts tariffs on the backburner, promises war with Panama; Japan machine orders rise; China holds LPRs; HSBC signals quitting personal banking in Australia; UST 10yr at 4.48%; gold up and oil down; NZ$1 = 56.6 USc; TWI = 67.1
21st Jan 25, 7:19am
151
Trump puts tariffs on the backburner, promises war with Panama; Japan machine orders rise; China holds LPRs; HSBC signals quitting personal banking in Australia; UST 10yr at 4.48%; gold up and oil down; NZ$1 = 56.6 USc; TWI = 67.1
A review of things you need to know before you sign off on Monday; Wellington on holiday, meat exporters shift focus, REINZ data late, NZX50 slips, swaps on hold, NZD up slightly, & more
20th Jan 25, 3:59pm
33
A review of things you need to know before you sign off on Monday; Wellington on holiday, meat exporters shift focus, REINZ data late, NZX50 slips, swaps on hold, NZD up slightly, & more
Eyes on NZ CPI, Trump2 effect; China says it hit GDP target; IMF raises growth estimates; US debt limit in focus again; Fed quits NGFS; UST 10yr at 4.62%; gold and oil soft; NZ$1 = 55.9 USc; TWI = 66.8
20th Jan 25, 7:19am
56
Eyes on NZ CPI, Trump2 effect; China says it hit GDP target; IMF raises growth estimates; US debt limit in focus again; Fed quits NGFS; UST 10yr at 4.62%; gold and oil soft; NZ$1 = 55.9 USc; TWI = 66.8
Westpac says the drivers for higher gold prices are still in place, even though traditional analysis suggests it may have peaked
18th Jan 25, 3:41pm
2
Westpac says the drivers for higher gold prices are still in place, even though traditional analysis suggests it may have peaked
IMF upgrades global growth estimate on US strength; China claims +5% expansion; Singapore exports surge; aluminium price rises; UST 10yr at 4.60%; gold and oil softish; NZ$1 = 56 USc; TWI = 66.8
18th Jan 25, 7:23am
34
IMF upgrades global growth estimate on US strength; China claims +5% expansion; Singapore exports surge; aluminium price rises; UST 10yr at 4.60%; gold and oil softish; NZ$1 = 56 USc; TWI = 66.8
A review of things you need to know before you sign off on Friday; both home loan rates and term deposit rates are cut by majors, PMI still contracting, rents stable, swaps hesitate, NZD little-changed, & more
17th Jan 25, 3:59pm
24
A review of things you need to know before you sign off on Friday; both home loan rates and term deposit rates are cut by majors, PMI still contracting, rents stable, swaps hesitate, NZD little-changed, & more