sign up log in
Want to go ad-free? Find out how, here.

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

16 years 5 months

Latest articles

oz
Aussie budget tipped to hit bank earnings and share prices
Australia's federal budget will reduce property investors' borrowing power and lead to slower house price and credit growth, analysts say
by Gareth Vaughan
Australia's federal budget will reduce property investors' borrowing power and lead to slower house price and credit growth, analysts say
pic
The Worldclear Files
[updated]
Inside the tiny New Zealand firm that transferred millions for high-risk clients
by Gareth Vaughan
6
Inside the tiny New Zealand firm that transferred millions for high-risk clients
Three of the four big NZ banks raise half-year dividends
Big four Aussie owned banks' combined half-year dividends fall despite three increasing their own dividends
by Gareth Vaughan
Big four Aussie owned banks' combined half-year dividends fall despite three increasing their own dividends
cyber
RBNZ 'monitoring the risks' Anthropic’s Mythos could pose to NZ's financial sector
[updated]
Reserve Bank says AI could potentially hit borrowers' ability to repay loans and increase cyber risks
by Gareth Vaughan
4
Reserve Bank says AI could potentially hit borrowers' ability to repay loans and increase cyber risks
ANZ NZ faces liability of up to $125m after court rules in favour of customers in class action
[updated]
High Court rules in favour of Banking Class Action Group and against ANZ NZ in class action lawsuit
by Gareth Vaughan
8
High Court rules in favour of Banking Class Action Group and against ANZ NZ in class action lawsuit
help
ANZ NZ's Chief Risk Officer says 'we're definitely heading' towards stagflation
ANZ NZ CEO Antonia Watson says banks have 'committed to the government to see our customers through' oil shock-related cost pressures
by Gareth Vaughan
8
ANZ NZ CEO Antonia Watson says banks have 'committed to the government to see our customers through' oil shock-related cost pressures
ANZ logo
ANZ NZ profit dips with CEO wary of 'the combination of inflation, interest rates & fuel costs'
[updated]
CEO Antonia Watson concerned 'geopolitical headwinds may curtail momentum' in the 2nd half of ANZ NZ's financial year
by Gareth Vaughan
CEO Antonia Watson concerned 'geopolitical headwinds may curtail momentum' in the 2nd half of ANZ NZ's financial year
AI
Agentic AI gaining traction in banking
S&P sees significant opportunities for banks with AI, but cautions FOMO could lead to poor investment decisions
by Gareth Vaughan
S&P sees significant opportunities for banks with AI, but cautions FOMO could lead to poor investment decisions
FMA monitors banks' OCR responses but it's not a pricing regulator
Whilst it may monitor banks' OCR pass through data, the FMA acknowledges banks have no legal obligation to pass on changes as most appear to pad floating mortgage rate margins
by Gareth Vaughan
Whilst it may monitor banks' OCR pass through data, the FMA acknowledges banks have no legal obligation to pass on changes as most appear to pad floating mortgage rate margins
Hormuz
Heartland says Middle East crisis could see it increase 'geopolitical overlay'
Heartland Group Holdings eyes increase to cover for potential losses due to Middle East crisis
by Gareth Vaughan
Heartland Group Holdings eyes increase to cover for potential losses due to Middle East crisis
MONEY
RBNZ says it will investigate statutory options under law for its cash standard if necessary
Reserve Bank outlines legal basis for its proposed cash standard following push back from banks
by Gareth Vaughan
1
Reserve Bank outlines legal basis for its proposed cash standard following push back from banks
bye
Kookmin Bank set to close at year's end
Kookmin Bank, operating in NZ as a branch of its South Korean parent, pushes ahead with wind-down
by Gareth Vaughan
Kookmin Bank, operating in NZ as a branch of its South Korean parent, pushes ahead with wind-down
Rates
Co-op Bank CEO questions other banks' floating mortgage rates
The Co-operative Bank CEO Mark Wilkshire puts a spotlight on floating mortgage rates, where his bank is the outlier
by Gareth Vaughan
2
The Co-operative Bank CEO Mark Wilkshire puts a spotlight on floating mortgage rates, where his bank is the outlier
BNZ sign
BNZ says AI impact on software lifetime a factor in $253m hit to interim profit
BNZ says changes to its software capitalisation accounting will reduce half-year profit by $253 million
by Gareth Vaughan
1
BNZ says changes to its software capitalisation accounting will reduce half-year profit by $253 million
stag
Prolonged Middle East conflict 'could trigger stagflation' in NZ
S&P Global Ratings floats potential for stagflation in NZ in event of prolonged Middle East war
by Gareth Vaughan
7
S&P Global Ratings floats potential for stagflation in NZ in event of prolonged Middle East war
eftpos
Aussie firm buying NZ's original EFTPOS provider
Australia's Cuscal acquiring electronic payments processor Worldline New Zealand and reviving Paymark brand
by Gareth Vaughan
Australia's Cuscal acquiring electronic payments processor Worldline New Zealand and reviving Paymark brand
AML
Banks baulk at paying 85% of government's proposed AML levies
Bank lobby group says government proposal for its members to pay $23m of annual AML levies isn't equitable or proportionate
by Gareth Vaughan
4
Bank lobby group says government proposal for its members to pay $23m of annual AML levies isn't equitable or proportionate
Raising the OCR 'could be reckless'
Kiwibank chief economist Jarrod Kerr says households and businesses don't need rate hikes to dampen demand against the backdrop of an oil shock
by Gareth Vaughan
48
Kiwibank chief economist Jarrod Kerr says households and businesses don't need rate hikes to dampen demand against the backdrop of an oil shock
Man at an ANZ ATM machine
RBNZ's preferred cash approach 'to work with banks...on voluntary basis'
[updated]
Assistant Governor Karen Silk says Reserve Bank has already received more than 4000 responses on its 'keeping cash local' consultation
by Gareth Vaughan
7
Assistant Governor Karen Silk says Reserve Bank has already received more than 4000 responses on its 'keeping cash local' consultation
t
NZ government welcomes Middle East ceasefire
[updated]
Foreign Minister Winston Peters says NZ 'will stand in support of all efforts to bring about a lasting, durable end' to Middle East conflict
by Gareth Vaughan
34
Foreign Minister Winston Peters says NZ 'will stand in support of all efforts to bring about a lasting, durable end' to Middle East conflict
sme
Major banks told to extend open banking to small business customers
Government talks up potential of open banking for small and medium sized businesses
by Gareth Vaughan
Government talks up potential of open banking for small and medium sized businesses
sun
Outlook remains bright, Rabobank NZ says
Rabobank NZ posts annual profit increase, says outlook for the agriculture sector remains bright despite oil shock
by Gareth Vaughan
1
Rabobank NZ posts annual profit increase, says outlook for the agriculture sector remains bright despite oil shock
inflation-expectationsrf2.jpg
'The law of one price is under threat'
Why the likes of Statistics NZ may have to abandon sampling and seek to collect every price paid to 'save inflation'
by Gareth Vaughan
Why the likes of Statistics NZ may have to abandon sampling and seek to collect every price paid to 'save inflation'
asb
ASB's long running transaction monitoring woes
Foreign trust monitoring failures related to $9.37 billion of transactions included in ASB's anti-money laundering non-compliance
by Gareth Vaughan
2
Foreign trust monitoring failures related to $9.37 billion of transactions included in ASB's anti-money laundering non-compliance
fuel
Consumer confidence tumbles
ANZ-Roy Morgan survey shows big fall in consumer confidence, rise in inflation expectations
by Gareth Vaughan
11
ANZ-Roy Morgan survey shows big fall in consumer confidence, rise in inflation expectations