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 Monday; new loan option for seniors, another power price spike, AIA shamed, RBNZ to have capital rules reviewed, ASB rated 'positive', swaps stable, NZD stable, & more
31st Mar 25, 3:59pm
22
A review of things you need to know before you sign off on Monday; new loan option for seniors, another power price spike, AIA shamed, RBNZ to have capital rules reviewed, ASB rated 'positive', swaps stable, NZD stable, & more
Eyes on Wall Street; US data reveals consumer fears; Canada faces shrinkage; China punishes rumormongers; commodities under pressure; UST 10yr at 4.25%; gold up and oil unchanged; NZ$1 = 57.2 USc; TWI = 66.7
31st Mar 25, 7:19am
16
Eyes on Wall Street; US data reveals consumer fears; Canada faces shrinkage; China punishes rumormongers; commodities under pressure; UST 10yr at 4.25%; gold up and oil unchanged; NZ$1 = 57.2 USc; TWI = 66.7
[updated]
The home loan market is busy, very busy, as the short-term rollover activity rises. More borrowers are changing banks. But market growth is modest and banks themselves are holding their market share. Churn isn't moving the needle for borrowers
30th Mar 25, 12:42pm
2
The home loan market is busy, very busy, as the short-term rollover activity rises. More borrowers are changing banks. But market growth is modest and banks themselves are holding their market share. Churn isn't moving the needle for borrowers
Wall Street retreats sharply as US data worse than expected; Canadian growth evaporates; Aussie sledge-a-thon starts; key investors cashing up; UST 10yr at 4.25%; gold up and oil unchanged; NZ$1 = 57.2 USc; TWI = 66.7
29th Mar 25, 8:05am
16
Wall Street retreats sharply as US data worse than expected; Canadian growth evaporates; Aussie sledge-a-thon starts; key investors cashing up; UST 10yr at 4.25%; gold up and oil unchanged; NZ$1 = 57.2 USc; TWI = 66.7
A review of things you need to know before you sign off on Friday; little retail rate activity, FHBs restrained, consumers don't see recovery, neither does labour market, NZ mapped in 3D, gold at record high, swaps stable, NZD soft, & more
28th Mar 25, 3:59pm
17
A review of things you need to know before you sign off on Friday; little retail rate activity, FHBs restrained, consumers don't see recovery, neither does labour market, NZ mapped in 3D, gold at record high, swaps stable, NZD soft, & more
Investors mark down companies supposed to be winners from the new US tariff actions; China profits dip; Aussie borrowing to surge; eyes on AU Federal election date; UST 10yr at 4.36%; gold up and oil eases; NZ$1 = 57.6 USc; TWI = 66.9
28th Mar 25, 7:19am
20
Investors mark down companies supposed to be winners from the new US tariff actions; China profits dip; Aussie borrowing to surge; eyes on AU Federal election date; UST 10yr at 4.36%; gold up and oil eases; NZ$1 = 57.6 USc; TWI = 66.9
A review of things you need to know before you sign off on Thursday; BNZ trims short TD rates, NZX dips, Ryman pays down debt, Aussie wealth rises, AGBs struggle for demand, US sets car tariffs, swaps hold, NZD holds, & more
27th Mar 25, 4:01pm
9
A review of things you need to know before you sign off on Thursday; BNZ trims short TD rates, NZX dips, Ryman pays down debt, Aussie wealth rises, AGBs struggle for demand, US sets car tariffs, swaps hold, NZD holds, & more
[updated]
Savers are increasing balances at banks at almost twice the rate borrowers are taking out loans. Banks are under no pressure and are trimming TD rates in small amounts regularly now
27th Mar 25, 10:01am
Savers are increasing balances at banks at almost twice the rate borrowers are taking out loans. Banks are under no pressure and are trimming TD rates in small amounts regularly now
Waiting for more tariffs, the US economy goes into reverse; Singapore factories stutter; EU scrambles to face threats alone; UST 10yr at 4.34%, Wall Street in reverse; gold down and oil up; NZ$1 = 57.4 USc; TWI = 67
27th Mar 25, 7:19am
7
Waiting for more tariffs, the US economy goes into reverse; Singapore factories stutter; EU scrambles to face threats alone; UST 10yr at 4.34%, Wall Street in reverse; gold down and oil up; NZ$1 = 57.4 USc; TWI = 67
A review of things you need to know before you sign off on Wednesday; Liberty drops mortgage rates, FHBs fade, eyes on broker churn, NZX50 rises above peers, Aussie inflation eases, swaps stable, NZD on hold, & more
26th Mar 25, 3:59pm
20
A review of things you need to know before you sign off on Wednesday; Liberty drops mortgage rates, FHBs fade, eyes on broker churn, NZX50 rises above peers, Aussie inflation eases, swaps stable, NZD on hold, & more
Aussie election budget shows extended deficits; US sentiment drops sharply; Moody's warns the US; Canada mulls export taxes; Rupiah hits record low; UST 10yr at 4.30%, gold up and oil dips; NZ$1 = 57.4 USc; TWI = 66.8
26th Mar 25, 7:19am
9
Aussie election budget shows extended deficits; US sentiment drops sharply; Moody's warns the US; Canada mulls export taxes; Rupiah hits record low; UST 10yr at 4.30%, gold up and oil dips; NZ$1 = 57.4 USc; TWI = 66.8
A review of things you need to know before you sign off on Tuesday; employment confidence and job ad levels sag, eyes on milk powder prices, commercial lease listings rise, swaps steepen, NZD softish, & more
25th Mar 25, 3:59pm
25
A review of things you need to know before you sign off on Tuesday; employment confidence and job ad levels sag, eyes on milk powder prices, commercial lease listings rise, swaps steepen, NZD softish, & more
US PMIs mixed; copper hits record high; Japan PMIs weaker; India PMIs strong; China readies rate cuts; Australia PMIs rise; AU Budget due, then election date; UST 10yr at 4.33%, gold down and oil up; NZ$1 = 57.2 USc; TWI = 66.8
25th Mar 25, 7:20am
18
US PMIs mixed; copper hits record high; Japan PMIs weaker; India PMIs strong; China readies rate cuts; Australia PMIs rise; AU Budget due, then election date; UST 10yr at 4.33%, gold down and oil up; NZ$1 = 57.2 USc; TWI = 66.8
A review of things you need to know before you sign off on Monday; quiet on the retail rate front; Synlait rises, DuVal mess exposed, Aussie PMIs rise, eyes on Aussie election budget, swaps stable, NZD holds, & more
24th Mar 25, 3:59pm
15
A review of things you need to know before you sign off on Monday; quiet on the retail rate front; Synlait rises, DuVal mess exposed, Aussie PMIs rise, eyes on Aussie election budget, swaps stable, NZD holds, & more
Eyes on 'reciprocal tariffs'; Canada calls election; Japanese inflation stays high; Malaysia inflation low; private equity downgraded; UST 10yr at 4.25%, gold firms and oil stable; NZ$1 = 57.3 USc; TWI = 66.9
24th Mar 25, 7:19am
20
Eyes on 'reciprocal tariffs'; Canada calls election; Japanese inflation stays high; Malaysia inflation low; private equity downgraded; UST 10yr at 4.25%, gold firms and oil stable; NZ$1 = 57.3 USc; TWI = 66.9
Canada car sales retreat; Japanese inflation eases on power subsidies; China fumes over Panama port deal; Aussie private credit sector on 'watch'; UST 10yr at 4.25%, gold dips and oil firmish; NZ$1 = 57.4 USc; TWI = 66.9
22nd Mar 25, 8:08am
14
Canada car sales retreat; Japanese inflation eases on power subsidies; China fumes over Panama port deal; Aussie private credit sector on 'watch'; UST 10yr at 4.25%, gold dips and oil firmish; NZ$1 = 57.4 USc; TWI = 66.9
A review of things you need to know before you sign off on Friday; a few retail TD rate changes, good trade surplus, FedFarmers twists ComCom into pointless effort, low-spending tourists, India vs China, swaps stable, NZD dips, & more
21st Mar 25, 3:59pm
25
A review of things you need to know before you sign off on Friday; a few retail TD rate changes, good trade surplus, FedFarmers twists ComCom into pointless effort, low-spending tourists, India vs China, swaps stable, NZD dips, & more
US data average; Bank of Canada signals more urgent approach; Taiwan shines; BofE holds; Aussie jobs shrink; NZ slips in Happiness update; UST 10yr at 4.24%, gold and oil firmish; NZ$1 = 57.5 USc; TWI = 66.8
21st Mar 25, 7:20am
25
US data average; Bank of Canada signals more urgent approach; Taiwan shines; BofE holds; Aussie jobs shrink; NZ slips in Happiness update; UST 10yr at 4.24%, gold and oil firmish; NZ$1 = 57.5 USc; TWI = 66.8
A review of things you need to know before you sign off on Thursday; ASB & SBS cut TD rates, GDP rises more than expected, job ads fall, Fonterra bullish, Aussie labour market stumbles, swaps up, NZD stable, & more
20th Mar 25, 3:59pm
10
A review of things you need to know before you sign off on Thursday; ASB & SBS cut TD rates, GDP rises more than expected, job ads fall, Fonterra bullish, Aussie labour market stumbles, swaps up, NZD stable, & more
Correction and apology to the Centrist and Tameem Barakat
20th Mar 25, 12:00pm
Correction and apology to the Centrist and Tameem Barakat
ASB trims some home loan rates but these aren't significant or competitive. They also cut most key term deposit rates. The net effect is a margin gain
20th Mar 25, 8:50am
5
ASB trims some home loan rates but these aren't significant or competitive. They also cut most key term deposit rates. The net effect is a margin gain
Fed speaks, markets react little; US steel prices zoom; Japanese exports jump; BofJ holds; CO2 rises to unwelcome record high; UST 10yr at 4.28%, gold stays up, oil firmish; NZ$1 = 57.9 USc; TWI = 67.2
20th Mar 25, 7:24am
24
Fed speaks, markets react little; US steel prices zoom; Japanese exports jump; BofJ holds; CO2 rises to unwelcome record high; UST 10yr at 4.28%, gold stays up, oil firmish; NZ$1 = 57.9 USc; TWI = 67.2
[updated]
A review of things you need to know before you sign off on Wednesday; consumer sentiment slips, C/A deficit smaller; dairy prices hold up; fewer foreign trusts; LGFA ratings affirmed, swaps firm, NZD holds, & more
19th Mar 25, 3:59pm
62
A review of things you need to know before you sign off on Wednesday; consumer sentiment slips, C/A deficit smaller; dairy prices hold up; fewer foreign trusts; LGFA ratings affirmed, swaps firm, NZD holds, & more
Dairy prices hold in USD, drop in NZD; US data fades; Canada inflation rises; Germany changes tack; China property still struggling; UST 10yr at 4.27%, gold at record, oil slips; NZ$1 = 58.2 USc; TWI = 67.3
19th Mar 25, 7:24am
21
Dairy prices hold in USD, drop in NZD; US data fades; Canada inflation rises; Germany changes tack; China property still struggling; UST 10yr at 4.27%, gold at record, oil slips; NZ$1 = 58.2 USc; TWI = 67.3
A review of things you need to know before you sign off on Tuesday; Heartland disengages from home loan offers, Moody's affirms big bank ratings, farmer sentiment nears all-time highs, swaps firm, NZD jumps, & more
18th Mar 25, 3:59pm
30
A review of things you need to know before you sign off on Tuesday; Heartland disengages from home loan offers, Moody's affirms big bank ratings, farmer sentiment nears all-time highs, swaps firm, NZD jumps, & more