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 1 month

Latest articles

Karen Silk on what RBNZ Monetary Policy Committee members will be watching over summer

Assistant Governor Karen Silk explains what needs to happen for the Reserve Bank to moderate its hawkish monetary policy outlook

29th Nov 22, 12:54pm

by Gareth Vaughan

Assistant Governor Karen Silk explains what needs to happen for the Reserve Bank to moderate its hawkish monetary policy outlook

Commerce Commission probing SBS Bank over CCCFA issues

SBS Bank says it may face customer remediation payments or Commerce Commission action over credit contracts and consumer finance related issues

28th Nov 22, 9:17am

by Gareth Vaughan

SBS Bank says it may face customer remediation payments or Commerce Commission action over credit contracts and consumer finance related issues

Impending economic downturn a key factor in top tech trends seen for 2023

Juniper Research sees economic downturn and energy costs as key factors in technology trends for 2023

25th Nov 22, 11:16am

by Gareth Vaughan

Juniper Research sees economic downturn and energy costs as key factors in technology trends for 2023

The RBNZ is 'forecasting a downturn on a similar scale to the Global Financial Crisis'

Westpac NZ's Michael Gordon expecting OCR cuts from early 2024 given RBNZ forecast for GFC-style downturn

24th Nov 22, 9:27am

by Gareth Vaughan

100

Westpac NZ's Michael Gordon expecting OCR cuts from early 2024 given RBNZ forecast for GFC-style downturn

Inflation helps reduce global debt mountain

Debt drops thanks to tightening funding conditions and 'unexpected' inflation, the Institute of International Finance says

23rd Nov 22, 9:56am

by Gareth Vaughan

Debt drops thanks to tightening funding conditions and 'unexpected' inflation, the Institute of International Finance says

Australasia's big banks 'very well prepared' for the coming slowdown

Citi analysts argue Australasia's big 4 banks have significantly more loan provisioning than required

22nd Nov 22, 9:32am

by Gareth Vaughan

Citi analysts argue Australasia's big 4 banks have significantly more loan provisioning than required

Is the Reserve Bank about to make an OCR increase of unprecedented size?

Should the Reserve Bank lift the Official Cash Rate by 75 basis points on Wednesday it'll be the biggest one-off OCR increase to date

20th Nov 22, 7:00am

by Gareth Vaughan

Should the Reserve Bank lift the Official Cash Rate by 75 basis points on Wednesday it'll be the biggest one-off OCR increase to date

BNZ borrowing $600 million through five-and-a-half year bond issue

BNZ five-and-a-half year bonds to pay investors annual interest of 5.536%

18th Nov 22, 1:15pm

by Gareth Vaughan

BNZ five-and-a-half year bonds to pay investors annual interest of 5.536%

Jarrod Kerr on the war on inflation

Kiwibank Chief Economist Jarrod Kerr on what needs to happen before the Reserve Bank takes its foot off the rate hike pedal

16th Nov 22, 10:42am

by Gareth Vaughan

Kiwibank Chief Economist Jarrod Kerr on what needs to happen before the Reserve Bank takes its foot off the rate hike pedal

Building societies, credit unions & deposit taking finance companies facing macro-prudential tools alongside banks

Reserve Bank may apply macro-prudential tools to non-bank deposit takers but isn't concerned about the growth of non-deposit taking lenders

16th Nov 22, 9:44am

by Gareth Vaughan

Reserve Bank may apply macro-prudential tools to non-bank deposit takers but isn't concerned about the growth of non-deposit taking lenders

RBNZ still mulling 'material' anti-money laundering breach by ANZ NZ

ANZ NZ awaiting outcome of RBNZ probe into 'material breach' of anti-money laundering laws

15th Nov 22, 11:54am

by Gareth Vaughan

ANZ NZ awaiting outcome of RBNZ probe into 'material breach' of anti-money laundering laws

Ganesh Nana on why NZ needs to move away from an 'ad hoc' immigration policy

Productivity Commission Chairman Ganesh Nana argues that New Zealand needs a major reset of immigration policy

14th Nov 22, 10:05am

by Gareth Vaughan

Productivity Commission Chairman Ganesh Nana argues that New Zealand needs a major reset of immigration policy

RBNZ says tool restricting home buyers' debt-to-income ratio could be ready to go in March 2024

Reserve Bank outlines design plans for tool it could enforce on banks to limit the debt-to-income ratio of home buyers

10th Nov 22, 1:54pm

by Gareth Vaughan

Reserve Bank outlines design plans for tool it could enforce on banks to limit the debt-to-income ratio of home buyers

BNZ not seeing stress in home loan book 'at all' after big slowdown in lending growth

CEO Dan Huggins says BNZ's conservative approach to housing lending means borrowers are handling mortgage rate increases well so far

10th Nov 22, 7:52am

by Gareth Vaughan

CEO Dan Huggins says BNZ's conservative approach to housing lending means borrowers are handling mortgage rate increases well so far

BNZ CEO predicts 'more New Zealanders are going to find it tough' as bank posts record profit

[updated]

BNZ annual profit tops $1.4 billion as income, lending and net interest margins rise. Completes quadruple of record annual profit for big 4 banks

9th Nov 22, 10:38am

by Gareth Vaughan

BNZ annual profit tops $1.4 billion as income, lending and net interest margins rise. Completes quadruple of record annual profit for big 4 banks

Ministry of Justice suggests a rethink on introducing a beneficial ownership register for trusts

Nine years after the Law Commission rejected the idea, the Ministry of Justice recommends reconsidering a beneficial ownership register for trusts

8th Nov 22, 12:02pm

by Gareth Vaughan

Nine years after the Law Commission rejected the idea, the Ministry of Justice recommends reconsidering a beneficial ownership register for trusts

Westpac NZ CEO expects RBNZ enforced liquidity overlay gone within months

Westpac NZ's RBNZ-imposed extra liquidity requirement halved after progress since breach of regulator's liquidity policy

8th Nov 22, 7:43am

by Gareth Vaughan

Westpac NZ's RBNZ-imposed extra liquidity requirement halved after progress since breach of regulator's liquidity policy

Westpac NZ CEO says recent home buyers who've bought for long-term 'shouldn't be worried'

[updated]

Westpac NZ annual profit tops $1 billion helped by gain from sale of Westpac Life & impairment write-backs

7th Nov 22, 10:25am

by Gareth Vaughan

Westpac NZ annual profit tops $1 billion helped by gain from sale of Westpac Life & impairment write-backs

Martien Lubberink on why banks love housing so much

Victoria University's Martien Lubberink on why housing dominates bank lending and why this is unlikely to change anytime soon

6th Nov 22, 6:00am

by Gareth Vaughan

Victoria University's Martien Lubberink on why housing dominates bank lending and why this is unlikely to change anytime soon

Are bank stress tests bunkum?

Gareth Vaughan outlines why he takes Reserve Bank stress testing of New Zealand banks with a dollop of salt

5th Nov 22, 9:12am

by Gareth Vaughan

Gareth Vaughan outlines why he takes Reserve Bank stress testing of New Zealand banks with a dollop of salt

Buy now pay later service provider Openpay cops a formal anti-money laundering warning

Department of Internal Affairs says Openpay failed to establish, implement or maintain an AML/CFT programme

4th Nov 22, 9:37am

by Gareth Vaughan

Department of Internal Affairs says Openpay failed to establish, implement or maintain an AML/CFT programme

Buy now pay later transactions to be treated as consumer credit contracts as government moves to regulate

[updated]

Buy now pay later sector to be brought under the Credit Contracts and Consumer Finance Act. Sector's merchant service fees to be 'monitored'

2nd Nov 22, 2:30pm

by Gareth Vaughan

Buy now pay later sector to be brought under the Credit Contracts and Consumer Finance Act. Sector's merchant service fees to be 'monitored'

Reserve Bank of Australia lifts cash rate 25 basis points, sees inflation peaking around 8%

Reserve Bank of Australia hikes cash rate to 2.85%, says Aussie wage growth 'remains lower than in many other advanced economies'

1st Nov 22, 4:40pm

by Gareth Vaughan

Reserve Bank of Australia hikes cash rate to 2.85%, says Aussie wage growth 'remains lower than in many other advanced economies'

Cyber-attack features in banks' annual Reserve Bank solvency stress test for first time

Reserve Bank's bank stress testing, modelling stagflation scenario, features high interest rates for first time since 2014 & includes cyber-attack for first time

1st Nov 22, 2:02pm

by Gareth Vaughan

Reserve Bank's bank stress testing, modelling stagflation scenario, features high interest rates for first time since 2014 & includes cyber-attack for first time

RBNZ warns property owners may see a fall in values in flood zones as risk understanding improves & is priced into the housing market

Reserve Bank sees potential for more risk to banks & property owners from river & surface water flooding than coastal flooding

1st Nov 22, 11:37am

by Gareth Vaughan

Reserve Bank sees potential for more risk to banks & property owners from river & surface water flooding than coastal flooding