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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 5 months

Latest articles

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NAB's Ross McEwan sheds light on the volume of cyberattacks banks are battling
National Australia Bank CEO reveals the scale of the challenge major financial institutions are facing from cyberattacks
20th Oct 22, 1:09pm
by Gareth Vaughan
2
National Australia Bank CEO reveals the scale of the challenge major financial institutions are facing from cyberattacks
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Heartland unveils deal to buy Aussie bank to create a 'profitable digital bank,' abandons previous deal
NZ's Heartland Group strikes deal to acquire authorised deposit-taking institution Challenger Bank in Australia
20th Oct 22, 1:02pm
by Gareth Vaughan
5
NZ's Heartland Group strikes deal to acquire authorised deposit-taking institution Challenger Bank in Australia
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FMA warns online investment platform InvestNow over anti-money laundering 'deficiencies & failures'
The FMA issues formal warning to InvestNow for failing to comply with anti-money laundering requirements
19th Oct 22, 10:24am
by Gareth Vaughan
The FMA issues formal warning to InvestNow for failing to comply with anti-money laundering requirements
aml
Justice Minister Kiri Allan's response to AML/CFT Act review awaited
Justice Minister, Cabinet, taking their time in responding to 'once-in-a-decade opportunity to improve NZ’s anti-money laundering regime'
18th Oct 22, 9:28am
by Gareth Vaughan
1
Justice Minister, Cabinet, taking their time in responding to 'once-in-a-decade opportunity to improve NZ’s anti-money laundering regime'
A weekend Top 5: Socialism for the rich, the dollar doom loop, fat bear week & more
Gareth Vaughan on socialism for the rich, the dollar doom loop, a big shipping turnaround, rethinking monetary sovereignty & fat bear week
9th Oct 22, 6:00am
by Gareth Vaughan
33
Gareth Vaughan on socialism for the rich, the dollar doom loop, a big shipping turnaround, rethinking monetary sovereignty & fat bear week
Of Interest podcast
Ryan Greenaway-McGrevy on how Auckland's leading the world in housing upzoning
Auckland University's Ryan Greenaway-McGrevy on where Auckland's housing densification push is at
7th Oct 22, 9:27am
by Gareth Vaughan
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Auckland University's Ryan Greenaway-McGrevy on where Auckland's housing densification push is at
fma
'They probably wouldn't have self reported if we hadn't said tell us what issues you've discovered'
FMA's Clare Bolingford says the 491 issues reported by banks & life insurers resulting in $152m of customer remediation unlikely to have been reported if the regulator hadn't asked
7th Oct 22, 9:23am
by Gareth Vaughan
1
FMA's Clare Bolingford says the 491 issues reported by banks & life insurers resulting in $152m of customer remediation unlikely to have been reported if the regulator hadn't asked
Banks cough up $109 mln in customer remediation following conduct & culture probe
[updated]
FMA says NZ banks have paid $109m to 952k customers in compensation for 266 problems
6th Oct 22, 9:57am
by Gareth Vaughan
FMA says NZ banks have paid $109m to 952k customers in compensation for 266 problems
Users of banks' credit card reward schemes to take one for the team
[updated]
Banks start reining in credit card loyalty and rewards schemes as regulation of merchant service fees nears
5th Oct 22, 8:06am
by Gareth Vaughan
47
Banks start reining in credit card loyalty and rewards schemes as regulation of merchant service fees nears
Australia flag
Reserve Bank of Australia increases cash rate by less than expected
Reserve Bank of Australia lifts cash rate 25 basis points as it assesses the outlook for inflation and economic growth
4th Oct 22, 4:50pm
by Gareth Vaughan
42
Reserve Bank of Australia lifts cash rate 25 basis points as it assesses the outlook for inflation and economic growth
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What the big banks have to say about the Business Growth Fund
How keen are NZ's major banks to cough up for a Business Growth Fund to support SMEs in partnership with the Government?
3rd Oct 22, 9:36am
by Gareth Vaughan
How keen are NZ's major banks to cough up for a Business Growth Fund to support SMEs in partnership with the Government?
NZ dollar crash
Kiwi dollar viewed as 22% overvalued based on NZ's current account deficit
[updated]
Based on NZ's transactions with the rest of the world, our dollar is 22% overvalued, the Institute of International Finance says
30th Sep 22, 11:16am
by Gareth Vaughan
81
Based on NZ's transactions with the rest of the world, our dollar is 22% overvalued, the Institute of International Finance says
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Banks offered favourable capital treatment for investment in Business Growth Fund, which government's confident banks will support
RBNZ proposes lower than normal capital requirements for banks investing equity alongside government in the Business Growth Fund
30th Sep 22, 10:04am
by Gareth Vaughan
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RBNZ proposes lower than normal capital requirements for banks investing equity alongside government in the Business Growth Fund
Could currency intervention from the RBNZ be on the cards?
With a weak NZ dollar harming the outlook for imported inflation, could the RBNZ be tempted to intervene to try and prop the NZ dollar up?
29th Sep 22, 1:15pm
by Gareth Vaughan
35
With a weak NZ dollar harming the outlook for imported inflation, could the RBNZ be tempted to intervene to try and prop the NZ dollar up?
Of Interest podcast
Could a pumped hydro scheme in Otago free NZ from fossil fueled electricity & help enable a green transition?
Earl Bardsley explains what the Government investigating his idea for a pumped hydro scheme could mean for NZ's electricity market
29th Sep 22, 10:30am
by Gareth Vaughan
235
Earl Bardsley explains what the Government investigating his idea for a pumped hydro scheme could mean for NZ's electricity market
A long weekend Top 5: A digital currency lightbulb moment, unreasonable bank criticism, whether the pandemic's over & more
Gareth Vaughan on a central bank lightbulb moment, a misleading attack on JP Morgan & Citibank, whether the Covid-19 pandemic & its inflation shock are over, allegations of an audacious fraud
26th Sep 22, 11:00am
by Gareth Vaughan
49
Gareth Vaughan on a central bank lightbulb moment, a misleading attack on JP Morgan & Citibank, whether the Covid-19 pandemic & its inflation shock are over, allegations of an audacious fraud
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Non-bank lender group annoyed by National Party proposal for CCCFA free pass for banks
Financial Services Federation unimpressed with National Party proposal to favour banks over its finance company, building society & credit union members
26th Sep 22, 10:12am
by Gareth Vaughan
6
Financial Services Federation unimpressed with National Party proposal to favour banks over its finance company, building society & credit union members
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Report on select committee cryptocurrency inquiry still on the cards
Chair of select committee that held cryptocurrency inquiry in 2021 hopes to 'present our observations' by early next year
24th Sep 22, 9:30am
by Gareth Vaughan
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Chair of select committee that held cryptocurrency inquiry in 2021 hopes to 'present our observations' by early next year
Life insurers report hundreds of issues to FMA, pay tens of millions in remediation
[updated]
FMA highlights the reporting of hundreds of conduct & culture issues from life insurers resulting in tens of millions of dollars of customer remediation
21st Sep 22, 3:30pm
by Gareth Vaughan
14
FMA highlights the reporting of hundreds of conduct & culture issues from life insurers resulting in tens of millions of dollars of customer remediation
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Housing loans as a share of total NZ bank lending dips in June quarter
Housing lending down, business lending up as a percentage of total bank lending as net interest margins rise, latest KPMG FIPS quarterly shows
21st Sep 22, 12:06pm
by Gareth Vaughan
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Housing lending down, business lending up as a percentage of total bank lending as net interest margins rise, latest KPMG FIPS quarterly shows
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'We will never have perfect information on the risks of climate change'
Climate-risk disclosure standards will help fill information gaps on climate change risks, RBNZ Governor Adrian Orr says
20th Sep 22, 10:03am
by Gareth Vaughan
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Climate-risk disclosure standards will help fill information gaps on climate change risks, RBNZ Governor Adrian Orr says
fma
FMA needs to 'spend a bit of time thinking about' how to determine whether the CoFI regime is a success
FMA's Clare Bolingford on how and why NZ is getting a conduct regime overseeing financial institutions
19th Sep 22, 10:49am
by Gareth Vaughan
FMA's Clare Bolingford on how and why NZ is getting a conduct regime overseeing financial institutions
Of Interest podcast
What will regulating the conduct of banks & insurers mean for their customers?
The FMA's Clare Bolingford outlines why and how New Zealand is getting a conduct regime overseeing financial institutions, and what it means for customers
18th Sep 22, 6:00am
by Gareth Vaughan
18
The FMA's Clare Bolingford outlines why and how New Zealand is getting a conduct regime overseeing financial institutions, and what it means for customers
interest rates
ANZ NZ economists now see OCR peaking at 4.75% next year
Economists at NZ's biggest bank lift their forecast OCR peak by 75 basis points, also see neutral OCR well up on RBNZ's last estimate
17th Sep 22, 7:56am
by Gareth Vaughan
191
Economists at NZ's biggest bank lift their forecast OCR peak by 75 basis points, also see neutral OCR well up on RBNZ's last estimate
fees
Westpac fee cull highlights lower bank income from fees
Fee and commission income across key retail banks down 20% in four years
16th Sep 22, 11:48am
by Gareth Vaughan
Fee and commission income across key retail banks down 20% in four years