David Chaston

Residential building costs are starting to move up again, albeit modestly, after consolidating at high levels following the extreme 2022 cost run-up. The industry expects an overall expansion in 2026 on the back of anticipated lower mortgage rates and inc... See more

ANZ has raised its floating mortgage rates by +10 bps, effective Thursday, January 29, 2026 for existing customers. The rise is effective Thursday, January 15, 2026 for new customers. An ANZ spokesperson said it is "a small change to our floating and flex... See more

Here's our summary of key economic events overnight that affect Australia with news gold and other commodity prices have pushed up into record territories again as geopolitical risks rise. (Crypto's are notable by their impotence in the background, irrele... See more

Regular readers will have noticed that while central banks cut their policy rates in 2024 and 2025, long term benchmark bond rates have started to rise recently. The effect is stronger in New Zealand than in many other developed economies. It is a global ... See more

Here's our summary of key economic events over the weekend that affect New Zealand with news of plenty of trade and economic action, some good, some not so. But first, some official data will start to be released locally this week, with building permits a... See more