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 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
79
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
71
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
68
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
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