Gareth Vaughan | interest.co.nz

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. He has received awards in the EY Business Journalism Awards, Canon Media Awards, and Shareholders' Association Business Journalism Awards.

Member for

15 years 9 months

Latest articles

Kiwibank $500m capital raise off the table after terms couldn't be agreed with investors

[updated]

Kiwibank equity sale to institutional investors shelved, says it doesn't require new equity at the moment to support its growth

19th Dec 25, 12:37pm

by Gareth Vaughan

Kiwibank equity sale to institutional investors shelved, says it doesn't require new equity at the moment to support its growth

Fitch sees scope for upgrades to big NZ banks' credit ratings

Could the Reserve Bank's new capital settings be a slow burning catalyst for big bank credit rating upgrades?

19th Dec 25, 9:39am

by Gareth Vaughan

Could the Reserve Bank's new capital settings be a slow burning catalyst for big bank credit rating upgrades?

'We do not operate a zero failure regime,' RBNZ's Anna Breman says

Reserve Bank's risk appetite may have increased, but it has a 'very low appetite for events that could create systemic risks,' new Governor says

19th Dec 25, 5:00am

by Gareth Vaughan

Reserve Bank's risk appetite may have increased, but it has a 'very low appetite for events that could create systemic risks,' new Governor says

What will the RBNZ bank capital changes mean for deposit rates?

Reserve Bank says new bank capital requirements will see interest rates paid to depositors 'fall slightly'

18th Dec 25, 8:30am

by Gareth Vaughan

Reserve Bank says new bank capital requirements will see interest rates paid to depositors 'fall slightly'

RBNZ pledges increased debt availability and lower interest rates as it reduces banks' high quality capital requirements

[updated]

Regulatory capital changes for banks will reduce their funding costs and bolster credit availability, RBNZ says

17th Dec 25, 9:47am

by Gareth Vaughan

Regulatory capital changes for banks will reduce their funding costs and bolster credit availability, RBNZ says

New government super ministry to support 'ambitious reform agenda'

[updated]

Government outlines plans for the Ministry of Cities, Environment, Regions and Transport to be up and running from July next year

16th Dec 25, 11:46am

by Gareth Vaughan

Government outlines plans for the Ministry of Cities, Environment, Regions and Transport to be up and running from July next year

RBNZ agrees to $6.73m ASB penalty for anti-money laundering breaches

[updated]

ASB acknowledges anti-money laundering failures as RBNZ files civil court case; ASB CEO apologises

15th Dec 25, 11:17am

by Gareth Vaughan

ASB acknowledges anti-money laundering failures as RBNZ files civil court case; ASB CEO apologises

A Top 5 resurrection: Inflation targeting, asset bubbles & a no s**t Sherlock moment

Gareth Vaughan on inflation targeting under the spotlight, asset bubbles, Venezuela & water's obvious economic importance

13th Dec 25, 9:11am

by Gareth Vaughan

Gareth Vaughan on inflation targeting under the spotlight, asset bubbles, Venezuela & water's obvious economic importance

'The construction boom in data centres, and the associated borrowing, warrants close monitoring'

Institute of International Finance debt monitor flags growing leverage in the AI sector, sees momentum for private credit

11th Dec 25, 5:00am

by Gareth Vaughan

Institute of International Finance debt monitor flags growing leverage in the AI sector, sees momentum for private credit

SBS Bank's Finance Now launches vehicle fleet payment service

Finance Now working with Visa and others in open-loop payment system for vehicle fleet management

9th Dec 25, 9:54am

by Gareth Vaughan

Finance Now working with Visa and others in open-loop payment system for vehicle fleet management

MBIE investigating 'matters that have been raised' about FMA Chairman Craig Stobo

FMA Chairman Craig Stobo temporarily steps down while MBIE investigates matters raised about him

8th Dec 25, 9:54am

by Gareth Vaughan

FMA Chairman Craig Stobo temporarily steps down while MBIE investigates matters raised about him

'Bureaucracy for its own sake' removed by anti-money laundering Ministerial Exemptions

Currency exchanger, fuel card system, payment provider and insurer granted AML exemptions

2nd Dec 25, 8:10am

by Gareth Vaughan

Currency exchanger, fuel card system, payment provider and insurer granted AML exemptions

RBNZ confirms Rodger Finlay as Chairman, adds new board member

After a year of 'wide-ranging change,' Reserve Bank names Rodger Finlay as ongoing Chairman, adds Rhiannon McKinnon to board

27th Nov 25, 10:41am

by Gareth Vaughan

After a year of 'wide-ranging change,' Reserve Bank names Rodger Finlay as ongoing Chairman, adds Rhiannon McKinnon to board

A composite image of someone's hand holding a card during a contactless payment and someone's hand holding New Zealand money.

Business lobby groups propose 'fair, workable solution' to government's planned surcharge ban

[updated]

Eleventh hour attempt by business groups to convince government not to ban surcharging, suggest capping them instead

27th Nov 25, 5:00am

by Gareth Vaughan

Eleventh hour attempt by business groups to convince government not to ban surcharging, suggest capping them instead

Co-operative Bank penalty for unreasonable fees to be determined by High Court

Commerce Commission and Co-operative Bank reach settlement over unreasonable fees self reported by the bank

25th Nov 25, 1:47pm

by Gareth Vaughan

Commerce Commission and Co-operative Bank reach settlement over unreasonable fees self reported by the bank

Banks now allowed to share anti-money laundering information to help fight fraud & scams

[updated]

Associate Justice Minister Nicole McKee hails move to broaden banks' ability to share information to combat fraudsters and scammers

20th Nov 25, 2:53pm

by Gareth Vaughan

Associate Justice Minister Nicole McKee hails move to broaden banks' ability to share information to combat fraudsters and scammers

S&P sees major NZ banks maintaining RoE 'without undue risk'

S&P Global Ratings sees steady times ahead for New Zealand's major banks

20th Nov 25, 11:07am

by Gareth Vaughan

S&P Global Ratings sees steady times ahead for New Zealand's major banks

BNZ borrows €500 million via medium-term notes issue

BNZ issues five-year notes to be listed on the Luxembourg Stock Exchange

17th Nov 25, 10:09am

by Gareth Vaughan

BNZ issues five-year notes to be listed on the Luxembourg Stock Exchange

Is moral suasion the pathway to changing bank behaviour?

The Government's to rely on moral suasion to force some key changes on banks. Gareth Vaughan asks whether this will work

15th Nov 25, 9:15am

by Gareth Vaughan

The Government's to rely on moral suasion to force some key changes on banks. Gareth Vaughan asks whether this will work

Class action exposure 'key audit matter' for ASB's auditor but not ANZ NZ's auditor

ANZ NZ has 'a lot less exposure than ASB' to class action case, CEO Antonia Watson says

13th Nov 25, 10:04am

by Gareth Vaughan

ANZ NZ has 'a lot less exposure than ASB' to class action case, CEO Antonia Watson says

Westpac NZ borrows NZ$1 bln via five-year bond issue

Westpac NZ borrows NZ$1 billion at just under 3.9% per annum

12th Nov 25, 1:24pm

by Gareth Vaughan

Westpac NZ borrows NZ$1 billion at just under 3.9% per annum

ANZ NZ capital proposal 'still has conservatism for NZ compared to APRA'

CEO Antonia Watson says it 'makes so much sense for productivity, not just in banking,' to align NZ with Australia

11th Nov 25, 11:57am

by Gareth Vaughan

CEO Antonia Watson says it 'makes so much sense for productivity, not just in banking,' to align NZ with Australia

Record annual profit for ANZ NZ; CEO says 'stage set' for economic recovery

[updated]

ANZ NZ annual profit rises 21% boosted by hedging gains, impairment write-backs and a higher net interest margin

10th Nov 25, 10:12am

by Gareth Vaughan

ANZ NZ annual profit rises 21% boosted by hedging gains, impairment write-backs and a higher net interest margin

Open banking investments 'more challenging' without being able to charge fees, BNZ CEO says

CEO Dan Huggins says BNZ has no further plans 'period' for acquisitions to bolster its open banking position

7th Nov 25, 9:07am

by Gareth Vaughan

CEO Dan Huggins says BNZ has no further plans 'period' for acquisitions to bolster its open banking position

BNZ annual profit slips; says lower interest rates enabling customers to pay down loans faster

[updated]

BNZ September-year profit down as revenue falls. CEO says customers making most of falling interest rate environment by paying loans down faster

6th Nov 25, 10:33am

by Gareth Vaughan

BNZ September-year profit down as revenue falls. CEO says customers making most of falling interest rate environment by paying loans down faster