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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

15 years 10 months

Latest articles

rising rates
New Zealanders increasingly worried about interest rates
Roy Morgan says the number of New Zealanders worried about interest rates has risen as they've risen
9th Jun 23, 12:43pm
by Gareth Vaughan
52
Roy Morgan says the number of New Zealanders worried about interest rates has risen as they've risen
AA Insurance brand
FMA takes AA Insurance to court for allegedly overcharging customers
[updated]
FMA files court proceedings against AA Insurance for allegedly overcharging tens of thousands of customers
8th Jun 23, 11:27am
by Gareth Vaughan
3
FMA files court proceedings against AA Insurance for allegedly overcharging tens of thousands of customers
Aussie
RBA lifts its cash rate 25 basis points to 4.10%, says it's watching wages & prices
[updated]
Citing 'upside risks' to inflation, the Reserve Bank of Australia increases its cash rate by 25 basis points
6th Jun 23, 4:42pm
by Gareth Vaughan
23
Citing 'upside risks' to inflation, the Reserve Bank of Australia increases its cash rate by 25 basis points
clouds
Banks' collective provisions on the rise, returns on equity on the slide, capital heavy lifting to come
Banks raise housing, business & agriculture loan provisions, have work to do on regulatory capital, see returns on equity fall
6th Jun 23, 7:37am
by Gareth Vaughan
1
Banks raise housing, business & agriculture loan provisions, have work to do on regulatory capital, see returns on equity fall
Move to bolster the beneficial ownership details of NZ companies & limited partnerships crawls into 8th year
Government efforts to improve beneficial ownership information on NZ companies & limited partnerships stuck in the slow lane
2nd Jun 23, 10:19am
by Gareth Vaughan
3
Government efforts to improve beneficial ownership information on NZ companies & limited partnerships stuck in the slow lane
RC
New 'de-jargoning money' guide aims to simplify language used for money matters
Retirement Commission 'de-jargoning money' guide suggests use of 'debt' instead of 'credit' & 'end date' instead of 'maturity'
1st Jun 23, 11:46am
by Gareth Vaughan
8
Retirement Commission 'de-jargoning money' guide suggests use of 'debt' instead of 'credit' & 'end date' instead of 'maturity'
ai
Nine key areas where AI can make a big impact for banks
Morgan Stanley analysts detail how and where banks can benefit through the use of artificial intelligence
1st Jun 23, 9:49am
by Gareth Vaughan
Morgan Stanley analysts detail how and where banks can benefit through the use of artificial intelligence
SBS
First home buyers and car loans help propel surge in SBS Bank lending
Annual lending at SBS Bank's Finance Now surges, with car loans leading the way
31st May 23, 9:48am
by Gareth Vaughan
Annual lending at SBS Bank's Finance Now surges, with car loans leading the way
tech
Big 4 banks must be open banking ready during 2024, Kiwibank during 2026
Timeline set for big banks as the slow burn of open banking in New Zealand rolls on
30th May 23, 11:02am
by Gareth Vaughan
30
Timeline set for big banks as the slow burn of open banking in New Zealand rolls on
Only one of the 4 major banks increased its half-year dividend
Big four banks' combined half-year dividends drop but still top $2 billion
29th May 23, 9:51am
by Gareth Vaughan
Big four banks' combined half-year dividends drop but still top $2 billion
RBNZ confirms loosening of low equity mortgage lending restrictions
Banks to be allowed to do a bit more high LVR lending from June 1, RBNZ says
26th May 23, 9:22am
by Gareth Vaughan
39
Banks to be allowed to do a bit more high LVR lending from June 1, RBNZ says
Insurer Tower to extend risk-based pricing to landslide and coastal hazards
Tower posts half-year loss, won't pay interim dividend, says it has strong reinsurance cover
25th May 23, 10:42am
by Gareth Vaughan
9
Tower posts half-year loss, won't pay interim dividend, says it has strong reinsurance cover
profits
A wage-price spiral & a profit-price spiral are 'exactly symmetric'
Chief economist Paul Conway says RBNZ doesn't see evidence of an increase in profits feeding into inflation at a widespread level
24th May 23, 4:45pm
by Gareth Vaughan
25
Chief economist Paul Conway says RBNZ doesn't see evidence of an increase in profits feeding into inflation at a widespread level
oip
S&P's Martin Foo on concerns about NZ's current account deficit & more
S&P's Martin Foo discusses NZ's current account deficit, high sovereign credit ratings, comparisons with the 2011 downgrade & more
24th May 23, 8:00am
by Gareth Vaughan
64
S&P's Martin Foo discusses NZ's current account deficit, high sovereign credit ratings, comparisons with the 2011 downgrade & more
stack of NZ$100 banknotes
Do you want insurance with that mortgage?
Banks offering cash to borrowers taking out house insurance with, and sometimes without, their home loans
20th May 23, 9:17am
by Gareth Vaughan
5
Banks offering cash to borrowers taking out house insurance with, and sometimes without, their home loans
S&P says any further new spending may stoke inflation as it watches NZ's current account deficit
[updated]
Credit rating agency's budget comments highlight ongoing concerns about NZ's current account deficit; Govt bond issuance revised up $20b over 4 years
18th May 23, 4:23pm
by Gareth Vaughan
13
Credit rating agency's budget comments highlight ongoing concerns about NZ's current account deficit; Govt bond issuance revised up $20b over 4 years
money
Institute of International Finance cautions about 'zombie companies' in the US
Latest Global Debt Monitor shows debt back near record highs, and at a fresh high in emerging markets
18th May 23, 10:04am
by Gareth Vaughan
Latest Global Debt Monitor shows debt back near record highs, and at a fresh high in emerging markets
UDC annual profit falls 14%
The Shinsei Bank owned UDC posts a drop in annual profit as loan impairments rise
17th May 23, 11:18am
by Gareth Vaughan
2
The Shinsei Bank owned UDC posts a drop in annual profit as loan impairments rise
bc
Chunky share buyback capacity seen for Aussie parents of NZ's big 4 banks
Jarden sees share buybacks ahead for parents of NZ's big 4 banks & earnings upside from lower realised bad debts
17th May 23, 9:21am
by Gareth Vaughan
1
Jarden sees share buybacks ahead for parents of NZ's big 4 banks & earnings upside from lower realised bad debts
Debt farm
Let down by the system
Gareth Vaughan argues borrowers who bought their first home in 2020-21 face being let down by the system
13th May 23, 10:01am
by Gareth Vaughan
167
Gareth Vaughan argues borrowers who bought their first home in 2020-21 face being let down by the system
platinum coin concept
Rohan Grey on how minting a platinum coin could solve the US debt ceiling crisis
As another round of political brinkmanship plays out over the US debt ceiling, Rohan Grey explains the background, and details a silly sounding but constitutional solution
13th May 23, 9:00am
by Gareth Vaughan
80
As another round of political brinkmanship plays out over the US debt ceiling, Rohan Grey explains the background, and details a silly sounding but constitutional solution
kk
Australian retail banking market more competitive than New Zealand's, ANZ Group boss says
ANZ Banking Group CEO Shayne Elliott says Australia's mortgage and deposit markets more competitive than NZ in rising interest rate environment
9th May 23, 5:57pm
by Gareth Vaughan
2
ANZ Banking Group CEO Shayne Elliott says Australia's mortgage and deposit markets more competitive than NZ in rising interest rate environment
arrows
Westpac NZ 'keeping a close eye on' home buyers who bought at house price peaks & whose loans were stress tested at 6%
Westpac NZ CEO Catherine McGrath tells home buyers who bought for the long-term at house price peaks to hang in there
9th May 23, 11:16am
by Gareth Vaughan
46
Westpac NZ CEO Catherine McGrath tells home buyers who bought for the long-term at house price peaks to hang in there
sc
What ANZ NZ CEO Antonia Watson doesn't want to talk about
ANZ NZ boss runs through a range of options for struggling home loan borrowers before the 'last resort' of a mortgagee sale
8th May 23, 1:49pm
by Gareth Vaughan
76
ANZ NZ boss runs through a range of options for struggling home loan borrowers before the 'last resort' of a mortgagee sale
westpac-exterior2
Westpac NZ interim profit falls 33%, bank takes $154m loan impairment charge
[updated]
Half-year profit drops for Westpac NZ as bank warns of worsening economic outlook
8th May 23, 10:15am
by Gareth Vaughan
33
Half-year profit drops for Westpac NZ as bank warns of worsening economic outlook