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

Member for

14 years 8 months

Latest articles

Heartland remains reticent on providing earnings guidance

Heartland Group to 'rationalise' non-strategic assets, says economy still too volatile for it to provide earnings guidance

30th Oct 24, 1:42pm

by Gareth Vaughan

Heartland Group to 'rationalise' non-strategic assets, says economy still too volatile for it to provide earnings guidance

RBNZ expects to be called before parliamentary banking inquiry

No date set yet, but Reserve Bank staff expected to appear before parliamentary banking inquiry

30th Oct 24, 9:54am

by Gareth Vaughan

No date set yet, but Reserve Bank staff expected to appear before parliamentary banking inquiry

Treasury floats 3 options for boosting Kiwibank's capital

Issuing debt, tapping 3rd party investors or an IPO touted as ways for the Government to boost Kiwibank's capital and thus its competitive position

28th Oct 24, 8:00am

by Gareth Vaughan

Issuing debt, tapping 3rd party investors or an IPO touted as ways for the Government to boost Kiwibank's capital and thus its competitive position

Exciting bank competition developments may come with more risk

Whilst the push for greater bank competition is good news, it may also come with increased risk

28th Oct 24, 6:00am

by Gareth Vaughan

Whilst the push for greater bank competition is good news, it may also come with increased risk

'A sombre return to reality' for consumer confidence

Consumer confidence fell in October amid job security fears against backdrop of interest rate cut flow through lag, ANZ Roy Morgan survey says

25th Oct 24, 10:38am

by Gareth Vaughan

Consumer confidence fell in October amid job security fears against backdrop of interest rate cut flow through lag, ANZ Roy Morgan survey says

And so it begins

Wind it up, loans without climate change conditions, cost of & return on capital, up like a rocket & down like a feather, Antonia Watson's very confusing remuneration, milking farmers, excess profit tax & other tales from the parliamentary banking inquiry

24th Oct 24, 9:18am

by Gareth Vaughan

New AML/CFT levy won't be introduced before 2027

Associate Justice Minister Nicole McKee says new AML/CFT regime will be better placed to respond to emerging money-laundering risks

24th Oct 24, 9:07am

by Gareth Vaughan

Associate Justice Minister Nicole McKee says new AML/CFT regime will be better placed to respond to emerging money-laundering risks

Government moving to sole AML supervisor to be funded by levies

[updated]

RBNZ & FMA to be stripped of anti-money laundering supervisory roles with DIA to be sole supervisor, Associate Justice Minister Nicole McKee says

23rd Oct 24, 10:03am

by Gareth Vaughan

RBNZ & FMA to be stripped of anti-money laundering supervisory roles with DIA to be sole supervisor, Associate Justice Minister Nicole McKee says

Record demand for NZ government bond issue

NZDM says total book size for $5 billion government bond issue exceeded $23.9 billion

22nd Oct 24, 3:02pm

by Gareth Vaughan

NZDM says total book size for $5 billion government bond issue exceeded $23.9 billion

Banking standard for securitisation sought

Citing Resimac & Bluestone withdrawals from NZ, securitisation lobby group pushes for help for non-bank lending institutions

22nd Oct 24, 9:30am

by Gareth Vaughan

Citing Resimac & Bluestone withdrawals from NZ, securitisation lobby group pushes for help for non-bank lending institutions

Let the political theatre begin

New Zealand gets its chance for some Australian-style bank political theatre

22nd Oct 24, 6:00am

by Gareth Vaughan

New Zealand gets its chance for some Australian-style bank political theatre

Privacy v scammers, what and how much information should banks be able to share?

Westpac NZ CEO Catherine McGrath highlights tension between privacy and fighting scammers

19th Oct 24, 9:00am

by Gareth Vaughan

Westpac NZ CEO Catherine McGrath highlights tension between privacy and fighting scammers

Rural banking market competitive but barriers to entry significant, Rabobank says

Rabobank NZ bemoans big 4 banks' capital advantage, says farmers need to operate within planetary boundaries in bank competition submission

18th Oct 24, 6:30am

by Gareth Vaughan

Rabobank NZ bemoans big 4 banks' capital advantage, says farmers need to operate within planetary boundaries in bank competition submission

Big 4 bank CEOs weigh in on bank lending & profits; 'It's in our interest to lend money to people who can pay it back at the right price'

What would constitute a fantastic outcome for BNZ CEO Dan Huggins, ASB CEO Vittoria Shortt on the human toll of having too much debt & other tales from a bank CEO discussion

16th Oct 24, 4:45pm

by Gareth Vaughan

What would constitute a fantastic outcome for BNZ CEO Dan Huggins, ASB CEO Vittoria Shortt on the human toll of having too much debt & other tales from a bank CEO discussion

Andrew Coleman on swapping NZ's gas guzzling Holden government retirement income system for an EV

Andrew Coleman explains why and how he believes NZ's government retirement income system should be changed

11th Oct 24, 9:15am

by Gareth Vaughan

Andrew Coleman explains why and how he believes NZ's government retirement income system should be changed

Federated Farmers wants government to direct Kiwibank to enter rural banking market

Kiwibank's CEO may be reluctant to enter the rural banking market, but lobby group Federated Farmers wants the Government to direct it to do so

9th Oct 24, 10:31am

by Gareth Vaughan

Kiwibank's CEO may be reluctant to enter the rural banking market, but lobby group Federated Farmers wants the Government to direct it to do so

The Reserve Bank of New Zealand building in Wellington

RBNZ amends Exchange Settlement Account System purpose statement

Reserve Bank says it agrees with Commerce Commission that broader access to settlement accounts will benefit innovation and competition

9th Oct 24, 9:17am

by Gareth Vaughan

Reserve Bank says it agrees with Commerce Commission that broader access to settlement accounts will benefit innovation and competition

FMA takes ASB to court after bank self reported alleged failures affecting 25,497 customers

[updated]

FMA files civil proceedings against ASB relating to the alleged overcharging of 25,497 customers by about $4.3mln

8th Oct 24, 12:35pm

by Gareth Vaughan

FMA files civil proceedings against ASB relating to the alleged overcharging of 25,497 customers by about $4.3mln

What, if any, fees should banks be allowed to charge for those accessing their customers' data?

As the Government develops a Consumer Data Right regime, some key questions centre around fees

3rd Oct 24, 9:28am

by Gareth Vaughan

As the Government develops a Consumer Data Right regime, some key questions centre around fees

Podcast: Ando's John Lyon on why New Zealanders should be grateful insurers remain committed to their country

In a new Of Interest podcast episode, John Lyon explains why it's hard to judge insurers' finances on a year by year basis, and why NZ's risk profile is the most significant barrier to enter the local insurance market

1st Oct 24, 4:41pm

by Gareth Vaughan

Introducing real-time digital payments 'a key deliverable' for NZ's laggard payments system, Payments NZ says

Payments NZ highlights consumers' desire for 24/7, 365 day real-time payments

27th Sep 24, 9:19am

by Gareth Vaughan

Payments NZ highlights consumers' desire for 24/7, 365 day real-time payments

RBNZ suggests MPs probe unbundling transactional services, lending products & investments in banking inquiry

[updated]

Reserve Bank proactively publicly issues submission to parliamentary banking inquiry, defending its role

26th Sep 24, 1:06pm

by Gareth Vaughan

Reserve Bank proactively publicly issues submission to parliamentary banking inquiry, defending its role

Record year for Banking Ombudsman Scheme sees 500 cases a month

Banking Ombudsman says increasing sophistication of scams and the resulting losses are 'matters of continuing concern'

24th Sep 24, 7:33am

by Gareth Vaughan

Banking Ombudsman says increasing sophistication of scams and the resulting losses are 'matters of continuing concern'

Public education campaign sought for consumer data right regime

Consumer NZ and BNZ tell MPs a public education campaign is required to promote data sharing

23rd Sep 24, 4:31pm

by Gareth Vaughan

Consumer NZ and BNZ tell MPs a public education campaign is required to promote data sharing

CFO Andrew Dixson named Heartland Group Holdings' new CEO

Andrew Dixson to take the helm at Heartland Group Holdings as Jeff Greenslade & his deputy Chris Flood depart

23rd Sep 24, 10:04am

by Gareth Vaughan

Andrew Dixson to take the helm at Heartland Group Holdings as Jeff Greenslade & his deputy Chris Flood depart