Gareth Vaughan

About

Gareth is editor of interest.co.nz and has worked for more than 20 years as a financial journalist in New Zealand and the United Kingdom. Over recent years he has received awards in the EY Business Journalism Awards, Canon Media Awards, and Shareholders' Association Business Journalism Awards.

Member for

14 years 2 months

Latest articles

Podcast: Barrister Gary Hughes on what could be done to simplify & improve anti-money laundering law

In a stocktake on the anti-money laundering & countering terrorist financing law at 10, Gary Hughes explains where it came from, its impact & how it might be improved

31st Aug 23, 11:04am

by Gareth Vaughan

In a stocktake on the anti-money laundering & countering terrorist financing law at 10, Gary Hughes explains where it came from, its impact & how it might be improved

Heartland simplifies plans for group structure as it awaits RBNZ & APRA approval for Challenger Bank acquisition

[updated]

Heartland Group Holdings sets cost to income ratio 'ambition' as it seeks to boost return on equity

30th Aug 23, 9:08am

by Gareth Vaughan

Heartland Group Holdings sets cost to income ratio 'ambition' as it seeks to boost return on equity

Non-performing home loans & provisions on the rise at 2 biggest mortgage lenders

Significant June quarter increase in non-performing housing loan volumes for ANZ NZ and ASB

29th Aug 23, 9:14am

by Gareth Vaughan

Significant June quarter increase in non-performing housing loan volumes for ANZ NZ and ASB

Kiwibank CEO Steve Jurkovich on the bank at 21; where it has come from, where it's at & where it's going

CEO Steve Jurkovich wants New Zealanders to be 'fired up enough' to move to Kiwibank if they want a more competitive banking market

26th Aug 23, 10:45am

by Gareth Vaughan

CEO Steve Jurkovich wants New Zealanders to be 'fired up enough' to move to Kiwibank if they want a more competitive banking market

'Many New Zealanders racking up debt just to get by'

Consumer NZ says being unable to save is now the reality for many New Zealanders

24th Aug 23, 11:23am

by Gareth Vaughan

Consumer NZ says being unable to save is now the reality for many New Zealanders

Jump in net interest income propels Kiwibank to record annual profit

[updated]

Kiwibank June-year profit hits $175 mln as income surges, loan impairment losses more than double

24th Aug 23, 8:53am

by Gareth Vaughan

Kiwibank June-year profit hits $175 mln as income surges, loan impairment losses more than double

'Deposit preference should be reconsidered' in NZ's depositor compensation scheme

Deposit insurance expert suggests $100k cap will need to be increased over time to maintain inflation-adjusted value

23rd Aug 23, 2:33pm

by Gareth Vaughan

Deposit insurance expert suggests $100k cap will need to be increased over time to maintain inflation-adjusted value

Westpac NZ's past due home loans tick higher

Westpac New Zealand's non-performing loans rise in the June quarter

22nd Aug 23, 9:21am

by Gareth Vaughan

Westpac New Zealand's non-performing loans rise in the June quarter

ANZ NZ past due home loans rising faster than, but still lagging, ANZ Australia's

Home loans at least 90 days past due on the rise at New Zealand's biggest bank

21st Aug 23, 9:44am

by Gareth Vaughan

Home loans at least 90 days past due on the rise at New Zealand's biggest bank

'Intense competition' in NZ mortgage market worries top brass at ASB's Aussie parent bank

Pricing of NZ mortgage interest rates 'difficult to reconcile' and offers 'unsustainable returns', says CEO of ASB's Aussie parent bank CBA

20th Aug 23, 6:00am

by Gareth Vaughan

Pricing of NZ mortgage interest rates 'difficult to reconcile' and offers 'unsustainable returns', says CEO of ASB's Aussie parent bank CBA

Select committee report recommends problems are addressed as they arise with crypto assets

Independent advisers to select committee crypto inquiry suggest 'coherent and consistent guidance on the treatment of digital assets under current law'

18th Aug 23, 1:55pm

by Gareth Vaughan

Independent advisers to select committee crypto inquiry suggest 'coherent and consistent guidance on the treatment of digital assets under current law'

Global Wealth Report shows chunky annual drop in New Zealanders' wealth

Kiwis' mean and median wealth per adult suffers annual fall, according to the Credit Suisse-UBS Global Wealth Report

17th Aug 23, 12:46pm

by Gareth Vaughan

Kiwis' mean and median wealth per adult suffers annual fall, according to the Credit Suisse-UBS Global Wealth Report

A midweek Top 5: BNPL & private equity woes, Aussie wine glut, globalisation's demise, AI, Y2K & tech doomsaying

[updated]

Gareth Vaughan on BNPL & private equity woes, Australia's China-induced wine glut, globalisation's demise in the Ruhr, AI, Y2K & technology doomsaying repeating

16th Aug 23, 10:00am

by Gareth Vaughan

Gareth Vaughan on BNPL & private equity woes, Australia's China-induced wine glut, globalisation's demise in the Ruhr, AI, Y2K & technology doomsaying repeating

Clock ticking if Labour's proposed Business Growth Fund is to go ahead before the election

Govt's proposed Business Growth Fund partnership with banks to invest in SMEs idling in the slow lane

16th Aug 23, 5:00am

by Gareth Vaughan

Govt's proposed Business Growth Fund partnership with banks to invest in SMEs idling in the slow lane

NZ's key rural lenders have all signed up to reduce their financed dairy farming emissions

[updated]

With BNZ having a target to reduce its financed dairy farming emissions through membership of the UN-convened Net Zero Banking Alliance, where are other key NZ rural lenders at?

15th Aug 23, 5:00am

by Gareth Vaughan

With BNZ having a target to reduce its financed dairy farming emissions through membership of the UN-convened Net Zero Banking Alliance, where are other key NZ rural lenders at?

It may seem underwhelming, but the significance of a banking competition market study shouldn't be underestimated

Commerce Commission's preliminary issues paper for its banking market study suggests evolutionary rather than revolutionary change

11th Aug 23, 10:41am

by Gareth Vaughan

Commerce Commission's preliminary issues paper for its banking market study suggests evolutionary rather than revolutionary change

Past due & impaired loans on the rise at ASB as Aussie parent CBA highlights NZ mortgage impairments

ASB CEO Vittoria Shortt highlights 200 struggling mortgage borrowers as loan impairments & provisions rise

10th Aug 23, 10:09am

by Gareth Vaughan

ASB CEO Vittoria Shortt highlights 200 struggling mortgage borrowers as loan impairments & provisions rise

ASB posts record annual profit, has 'proactively contacted' thousands of refixing home loan borrowers

[updated]

ASB June-year profit reaches $1.559 billion as net interest margin rises

9th Aug 23, 10:59am

by Gareth Vaughan

ASB June-year profit reaches $1.559 billion as net interest margin rises

Buy now pay later loans to be brought under CCCFA but exempt from affordability & suitability assessments

Commerce & Consumer Affairs Minister Duncan Webb pledges CCCFA review, exemptions for certain types of lending

8th Aug 23, 7:17pm

by Gareth Vaughan

Commerce & Consumer Affairs Minister Duncan Webb pledges CCCFA review, exemptions for certain types of lending

RBNZ describes results as reassuring after stress testing life insurers for first time

[updated]

Five life insurers participating in first RBNZ stress test of their sector all able to remain solvent

8th Aug 23, 12:49pm

by Gareth Vaughan

Five life insurers participating in first RBNZ stress test of their sector all able to remain solvent

BNZ's Rebekah Cain on why banks matter in the push to decarbonise the economy

Chief Sustainability Officer Rebekah Cain explains why BNZ joined the Net-Zero Banking Alliance and what it aims to achieve by being a member

5th Aug 23, 10:45am

by Gareth Vaughan

Chief Sustainability Officer Rebekah Cain explains why BNZ joined the Net-Zero Banking Alliance and what it aims to achieve by being a member

Treasury suggests deposit insurance fund of up to $1.4b built up over up to 20 years

Will levies to fund the incoming deposit insurance regime hit deposit takers' bottom lines, cost depositors, or both?

2nd Aug 23, 10:03am

by Gareth Vaughan

Will levies to fund the incoming deposit insurance regime hit deposit takers' bottom lines, cost depositors, or both?

RBA holds cash rate at 4.10%

Reserve Bank of Australia leaves cash rate unchanged, wants more time to assess the impact of its previous increases

1st Aug 23, 4:36pm

by Gareth Vaughan

Reserve Bank of Australia leaves cash rate unchanged, wants more time to assess the impact of its previous increases

Kiwibank gets $225mln capital injection

New Crown-owned Kiwibank parent company injects $225m into the bank from the proceeds of the sale of Kiwi Wealth

1st Aug 23, 9:45am

by Gareth Vaughan

New Crown-owned Kiwibank parent company injects $225m into the bank from the proceeds of the sale of Kiwi Wealth

Payments NZ facing Commerce Commission regulation

Commerce Commission looks to expand its retail payments regulatory net to include bill payments, automatic payments & direct debits

1st Aug 23, 9:20am

by Gareth Vaughan

Commerce Commission looks to expand its retail payments regulatory net to include bill payments, automatic payments & direct debits