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
The home loan market may not be growing much but it is becoming more competitive as borrowers change banks more often when they roll over their fixed rate contracts
29th Jun 24, 10:16am
5
The home loan market may not be growing much but it is becoming more competitive as borrowers change banks more often when they roll over their fixed rate contracts
US PCE inflation eases, other data mixed; Japan's industrial production rises; EU inflation expectations fall; container freight rates rise; UST 10yr 4.34%; gold up and oil little-changed; NZ$1 = 61 USc; TWI-5 = 70.5
29th Jun 24, 8:25am
83
US PCE inflation eases, other data mixed; Japan's industrial production rises; EU inflation expectations fall; container freight rates rise; UST 10yr 4.34%; gold up and oil little-changed; NZ$1 = 61 USc; TWI-5 = 70.5
A review of things you need to know before you sign off on Thursday; Westpac nudges home loan rates, consumer & business sentiment low, progress on inflation, home loan borrowers switch more, swaps firm, NZD soft, & more
27th Jun 24, 3:59pm
30
A review of things you need to know before you sign off on Thursday; Westpac nudges home loan rates, consumer & business sentiment low, progress on inflation, home loan borrowers switch more, swaps firm, NZD soft, & more
As the economy stumbles, it is vital that reporting on what is happening stays comprehensive, open and free. We need our Supporters now more than ever. If you can support us you can go ad-free too
27th Jun 24, 1:52pm
67
As the economy stumbles, it is vital that reporting on what is happening stays comprehensive, open and free. We need our Supporters now more than ever. If you can support us you can go ad-free too
US new house sales weak; Japanese yen falls further; Indian rupee unusually stable; China lets yuan slip; Aussie CPI surprises with rise; food price signals sanguine; UST 10yr 4.32%; gold down and oil unchanged; NZ$1 = 60.8 USc; TWI-5 = 70.5
27th Jun 24, 7:18am
95
US new house sales weak; Japanese yen falls further; Indian rupee unusually stable; China lets yuan slip; Aussie CPI surprises with rise; food price signals sanguine; UST 10yr 4.32%; gold down and oil unchanged; NZ$1 = 60.8 USc; TWI-5 = 70.5
Westpac's latest mortgage rate adjustments bring their higher rates down into line with their main rivals. We ask readers to record the below-card offers they get on their banking apps so others can know where real savings can be won
26th Jun 24, 6:00pm
26
Westpac's latest mortgage rate adjustments bring their higher rates down into line with their main rivals. We ask readers to record the below-card offers they get on their banking apps so others can know where real savings can be won
[updated]
A review of things you need to know before you sign off on Wednesday; retail rate-change drought extends, power consumers do it tough, Parliament eyes banking inquiry, Aussie CPI surprises, swaps up, NZD stable, & more
26th Jun 24, 3:59pm
59
A review of things you need to know before you sign off on Wednesday; retail rate-change drought extends, power consumers do it tough, Parliament eyes banking inquiry, Aussie CPI surprises, swaps up, NZD stable, & more
May data in US ok, but June data eases; Canada CPI doesn't fall as expected; South Korea sentiment rises, stays low in Australia; UST 10yr 4.23%; gold and oil down; NZ$1 = 61.2 USc; TWI-5 = 70.8
26th Jun 24, 7:19am
102
May data in US ok, but June data eases; Canada CPI doesn't fall as expected; South Korea sentiment rises, stays low in Australia; UST 10yr 4.23%; gold and oil down; NZ$1 = 61.2 USc; TWI-5 = 70.8
A review of things you need to know before you sign off on Tuesday; job market confidence drops hard, surge in older migrants getting residency, job ads fall, power price concerns rise, swaps & NZD unchanged
25th Jun 24, 3:59pm
64
A review of things you need to know before you sign off on Tuesday; job market confidence drops hard, surge in older migrants getting residency, job ads fall, power price concerns rise, swaps & NZD unchanged
Eyes on non-bank systemic risks; China plans large financial rescue capability; Taiwan industrial production jumps; lithium price falls; bitcoin drops; UST 10yr 4.26%; gold and oil rise; NZ$1 = 61.2 USc; TWI-5 = 70.8
25th Jun 24, 7:20am
22
Eyes on non-bank systemic risks; China plans large financial rescue capability; Taiwan industrial production jumps; lithium price falls; bitcoin drops; UST 10yr 4.26%; gold and oil rise; NZ$1 = 61.2 USc; TWI-5 = 70.8
A review of things you need to know before you sign off on Monday; no retail rate changes, home loan (un)affordability stable, record-high exports, eyes on grocery prices, swaps and NZD on hold, & more
24th Jun 24, 3:59pm
97
A review of things you need to know before you sign off on Monday; no retail rate changes, home loan (un)affordability stable, record-high exports, eyes on grocery prices, swaps and NZD on hold, & more
Investment retreats in China confirm tough outlook; Japan and India make gains; US PMIs rise while their housing market stays stunted; UST 10yr 4.26%; gold and oil hold; NZ$1 = 61.2 USc; TWI-5 = 70.9
24th Jun 24, 7:19am
104
Investment retreats in China confirm tough outlook; Japan and India make gains; US PMIs rise while their housing market stays stunted; UST 10yr 4.26%; gold and oil hold; NZ$1 = 61.2 USc; TWI-5 = 70.9
US PMIs rise but home sales fall; Japanese PMIs mixed; India PMIs strong; China FDI inflows stop; China property defaults head to liquidations; UST 10yr 4.26%; gold and oil down; NZ$1 = 61.2 USc; TWI-5 = 70.9
22nd Jun 24, 8:59am
71
US PMIs rise but home sales fall; Japanese PMIs mixed; India PMIs strong; China FDI inflows stop; China property defaults head to liquidations; UST 10yr 4.26%; gold and oil down; NZ$1 = 61.2 USc; TWI-5 = 70.9
A review of things you need to know before you sign off on Friday; Foodstuff merger decision delayed again, directors banned, personal loans securitised, thoughts on our foreign loans, swaps firm, NZD unchanged, & more
21st Jun 24, 3:59pm
41
A review of things you need to know before you sign off on Friday; Foodstuff merger decision delayed again, directors banned, personal loans securitised, thoughts on our foreign loans, swaps firm, NZD unchanged, & more
US data mixed but third-tier; excessive heat spreads to the US and Europe; Taiwan export orders high; SNB cuts; BofE holds; freight rates rise sharply again; UST 10yr 4.26%; gold and oil up; NZ$1 = 61.2 USc; TWI-5 = 70.7
21st Jun 24, 7:19am
111
US data mixed but third-tier; excessive heat spreads to the US and Europe; Taiwan export orders high; SNB cuts; BofE holds; freight rates rise sharply again; UST 10yr 4.26%; gold and oil up; NZ$1 = 61.2 USc; TWI-5 = 70.7
[updated]
A review of things you need to know before you sign off on Thursday; no retail rate changes, no growth, slowing house building, modest NZGB demand, all about RCS, swaps firm, NZD unchanged, & more
20th Jun 24, 3:59pm
86
A review of things you need to know before you sign off on Thursday; no retail rate changes, no growth, slowing house building, modest NZGB demand, all about RCS, swaps firm, NZD unchanged, & more
US on holiday; huge Japanese bank faces huge bond losses; heat debilitates Middle East to India; China to reform monetary policy; RBA to target BNPL; UST 10yr 4.23%; gold and oil unchanged; NZ$1 = 61.3 USc; TWI-5 = 70.7
20th Jun 24, 7:19am
99
US on holiday; huge Japanese bank faces huge bond losses; heat debilitates Middle East to India; China to reform monetary policy; RBA to target BNPL; UST 10yr 4.23%; gold and oil unchanged; NZ$1 = 61.3 USc; TWI-5 = 70.7
A review of things you need to know before you sign off on Wednesday; a key TD rate change, dairy prices slip, carbon auction shunned, current account deficit fell, farmers happy yes/no, swaps unchanged, NZD slips
19th Jun 24, 4:00pm
63
A review of things you need to know before you sign off on Wednesday; a key TD rate change, dairy prices slip, carbon auction shunned, current account deficit fell, farmers happy yes/no, swaps unchanged, NZD slips
[updated]
Just as Kiwibank ends its good one year 'special' term deposit offer, BNZ jumps in with one of its own. Even higher rates are available from investment-grade rated others
19th Jun 24, 11:28am
19
Just as Kiwibank ends its good one year 'special' term deposit offer, BNZ jumps in with one of its own. Even higher rates are available from investment-grade rated others
Dairy prices slip; US retail mixed but industrial production up; China's wealthy leaving; EU sentiment better; NZ ranked for creative thinking & competitiveness; UST 10yr 4.22%; gold and oil up; NZ$1 = 61.5 USc; TWI-5 = 70.9
19th Jun 24, 7:25am
86
Dairy prices slip; US retail mixed but industrial production up; China's wealthy leaving; EU sentiment better; NZ ranked for creative thinking & competitiveness; UST 10yr 4.22%; gold and oil up; NZ$1 = 61.5 USc; TWI-5 = 70.9
[updated]
A review of things you need to know before you sign off on Tuesday; consumer sentiment dives, Mercury planning 30yr bond, tractor sales very low, eyes on RBA, swaps firm, NZD soft, & more
18th Jun 24, 3:59pm
89
A review of things you need to know before you sign off on Tuesday; consumer sentiment dives, Mercury planning 30yr bond, tractor sales very low, eyes on RBA, swaps firm, NZD soft, & more
The US, Canada & Japan all report tame second tier data; China releases major data, mostly limp; EU wages up; Australia tax data released; UST 10yr 4.28%; gold down and oil up; NZ$1 = 61.3 USc; TWI-5 = 70.9
18th Jun 24, 7:19am
80
The US, Canada & Japan all report tame second tier data; China releases major data, mostly limp; EU wages up; Australia tax data released; UST 10yr 4.28%; gold down and oil up; NZ$1 = 61.3 USc; TWI-5 = 70.9
A review of things you need to know before you sign off on Monday; Kiwibank ends TD special rate, REINZ data shows buyers in command, service sector in dire shape, Laybuy in receivership, swaps and NZD stable, & more
17th Jun 24, 3:59pm
77
A review of things you need to know before you sign off on Monday; Kiwibank ends TD special rate, REINZ data shows buyers in command, service sector in dire shape, Laybuy in receivership, swaps and NZD stable, & more
Japan sets normalisation agenda; Indian exports rise; China data disappointing; Russian inflation jumps; eyes on RBA decision; US sentiment broadly stable; UST 10yr 4.22%; gold and oil stable; NZ$1 = 61.4 USc; TWI-5 = 71.1
17th Jun 24, 7:19am
20
Japan sets normalisation agenda; Indian exports rise; China data disappointing; Russian inflation jumps; eyes on RBA decision; US sentiment broadly stable; UST 10yr 4.22%; gold and oil stable; NZ$1 = 61.4 USc; TWI-5 = 71.1
US sentiment slips; BofJ looks to decrease bond-buying; China new lending weak, car sales don't grow; drought in NE China a growing concern; UST 10yr 4.22%; gold up and oil stable; NZ$1 = 61.4 USc; TWI-5 = 71
15th Jun 24, 8:39am
69
US sentiment slips; BofJ looks to decrease bond-buying; China new lending weak, car sales don't grow; drought in NE China a growing concern; UST 10yr 4.22%; gold up and oil stable; NZ$1 = 61.4 USc; TWI-5 = 71