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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 1 month

Latest articles

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Central banks' crypto schadenfreude
The central banks' bank puts the boot into the beleaguered cryptocurrency industry and talks up the role of central banks in the future of the monetary system
22nd Jun 22, 5:00am
by Gareth Vaughan
41
The central banks' bank puts the boot into the beleaguered cryptocurrency industry and talks up the role of central banks in the future of the monetary system
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Latitude withdraws application to acquire Humm’s consumer finance business 
Proposed Latitude Group takeover of Humm's consumer finance operations, that would've consolidated their combined BNPL businesses, bites the dust
20th Jun 22, 10:12am
by Gareth Vaughan
Proposed Latitude Group takeover of Humm's consumer finance operations, that would've consolidated their combined BNPL businesses, bites the dust
Of Interest podcast
'The OCR default should be seen as neutral, not as super easy'
Ex-RBNZ Deputy Governor and Acting Governor Grant Spencer says the RBNZ should've started increasing the OCR sooner to combat inflation, gives his outlook for inflation
17th Jun 22, 12:57pm
by Gareth Vaughan
54
Ex-RBNZ Deputy Governor and Acting Governor Grant Spencer says the RBNZ should've started increasing the OCR sooner to combat inflation, gives his outlook for inflation
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Smaller banks mostly keen to get on board with 365-day a year payments
SBS Bank, Co-operative Bank, Rabobank keen on 365-day payments move, Heartland Bank not in a hurry
16th Jun 22, 10:28am
by Gareth Vaughan
1
SBS Bank, Co-operative Bank, Rabobank keen on 365-day payments move, Heartland Bank not in a hurry
365
365-day a year electronic payments coming to NZ next year, but real-time payments still years away
Ten NZ banks to start offering 365-day a year payments in 2023 but real-time payments still some way down the road
15th Jun 22, 9:00am
by Gareth Vaughan
14
Ten NZ banks to start offering 365-day a year payments in 2023 but real-time payments still some way down the road
'Lazy' deposit customers boosting banks' margins
Macquarie analysts highlight the difference between what banks pay retail deposit customers and what private bank customers can obtain via negotiated rates
14th Jun 22, 9:31am
by Gareth Vaughan
Macquarie analysts highlight the difference between what banks pay retail deposit customers and what private bank customers can obtain via negotiated rates
SBS Bank mulling potential BNPL service through Finance Now
SBS Bank happy with Reserve Bank's preferred capital instrument option for mutual banks
12th Jun 22, 2:44pm
by Gareth Vaughan
SBS Bank happy with Reserve Bank's preferred capital instrument option for mutual banks
A weekend Top 5: Copper, 'stablecoin' victims, why the global food shock could last years & more
Gareth Vaughan on copper's turn to shine, victims of a not so stable stablecoin, outing crypto scams, getting grain out of Ukraine & why the global food shock could last years
6th Jun 22, 9:00am
by Gareth Vaughan
46
Gareth Vaughan on copper's turn to shine, victims of a not so stable stablecoin, outing crypto scams, getting grain out of Ukraine & why the global food shock could last years
A CBDC could spur competition and innovation, the RBNZ says
RBNZ's Ian Woolford says a central bank digital currency could bolster competition and innovation in the bank-dominated NZ financial system
5th Jun 22, 5:24pm
by Gareth Vaughan
RBNZ's Ian Woolford says a central bank digital currency could bolster competition and innovation in the bank-dominated NZ financial system
Of Interest podcast
RBNZ central bank digital currency seen shoring up NZ's monetary sovereignty
As it eyes a central bank digital currency, the Reserve Bank acknowledges launching one would at least in part be a defensive play
5th Jun 22, 6:00am
by Gareth Vaughan
75
As it eyes a central bank digital currency, the Reserve Bank acknowledges launching one would at least in part be a defensive play
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In a rare occurrence, a New Zealand bank posts a quarterly loss
The Co-operative Bank records a quarterly loss as expenses, including rebates to customers, rise
2nd Jun 22, 9:34am
by Gareth Vaughan
The Co-operative Bank records a quarterly loss as expenses, including rebates to customers, rise
Our radically changed economic world
ANZ's Chief Economist Richard Yetsenga on government fiscal policy, inflation and 'the climate new normal'
1st Jun 22, 1:52pm
by Gareth Vaughan
4
ANZ's Chief Economist Richard Yetsenga on government fiscal policy, inflation and 'the climate new normal'
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Eye-popping figures despite profit falling at three of NZ's big five banks
ANZ's big profit, BNZ's super low cost to income ratio, and milestones for ANZ & ASB's mortgage books features of the big five banks' March quarter
1st Jun 22, 9:18am
by Gareth Vaughan
1
ANZ's big profit, BNZ's super low cost to income ratio, and milestones for ANZ & ASB's mortgage books features of the big five banks' March quarter
westpac1-oct21
RBNZ keeps Westpac NZ liquidity overlay in place
Deloitte report says Westpac NZ probe shows improvements in the bank's liquidity management after courting the Reserve Bank's wrath last year
31st May 22, 7:50am
by Gareth Vaughan
1
Deloitte report says Westpac NZ probe shows improvements in the bank's liquidity management after courting the Reserve Bank's wrath last year
'With every rate rise the chance of a recession increases'
Kiwibank Chief Economist Jarrod Kerr on why he expects the OCR to be hiked another 100 basis points by August, but why the RBNZ doesn't need to go as high as its 4% OCR forecast
29th May 22, 6:00am
by Gareth Vaughan
140
Kiwibank Chief Economist Jarrod Kerr on why he expects the OCR to be hiked another 100 basis points by August, but why the RBNZ doesn't need to go as high as its 4% OCR forecast
A weekend Top 5: Container shipping v FANGs, turning Brazilian, a special case of helicopter money & more
Gareth Vaughan on container shipping topping FANG profits, Argentina's lithium, the Brazilianization of the world & a special case of helicopter money
28th May 22, 9:59am
by Gareth Vaughan
26
Gareth Vaughan on container shipping topping FANG profits, Argentina's lithium, the Brazilianization of the world & a special case of helicopter money
Orr
OCR not going as high as RBNZ forecasts 'a very plausible outcome,' Governor Orr says
Governor Adrian Orr tells Bloomberg it's a 'very plausible outcome' that the OCR isn't increased as high as the RBNZ forecasts
27th May 22, 8:15am
by Gareth Vaughan
24
Governor Adrian Orr tells Bloomberg it's a 'very plausible outcome' that the OCR isn't increased as high as the RBNZ forecasts
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Workers in the firing line as RBNZ ups the ante in inflation fight
RBNZ needs 'to inflict some damage on the labour market' in order to cool inflation, bank economists say
26th May 22, 10:03am
by Gareth Vaughan
61
RBNZ needs 'to inflict some damage on the labour market' in order to cool inflation, bank economists say
BIZ
Former BNZ boss details how NZ banks could benefit from investing in a Business Growth Fund alongside the Government
Anthony Healy, the ex-BNZ CEO who heads up Australia's Business Growth Fund, sees plenty of upside potential for NZ banks getting on board an equivalent NZ fund
26th May 22, 5:00am
by Gareth Vaughan
6
Anthony Healy, the ex-BNZ CEO who heads up Australia's Business Growth Fund, sees plenty of upside potential for NZ banks getting on board an equivalent NZ fund
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RBNZ sees tough times ahead for many borrowers who took out mortgages in 2021
[updated]
A number of borrowers who took out mortgages for the first time last year will struggle if mortgage rates rise as forecast, the Reserve Bank says
25th May 22, 2:49pm
by Gareth Vaughan
82
A number of borrowers who took out mortgages for the first time last year will struggle if mortgage rates rise as forecast, the Reserve Bank says
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$400m needed from banks for the Business Growth Fund, SME advocate suggests
Banks should be looking at providing four-fifths of the funding for the SME Business Growth Fund proposed in the Budget, says a leading SME advocate
24th May 22, 4:06pm
by Gareth Vaughan
3
Banks should be looking at providing four-fifths of the funding for the SME Business Growth Fund proposed in the Budget, says a leading SME advocate
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NZ to remain in Orange COVID-19 traffic light setting
COVID-19 Response Minister Chris Hipkins says country to stay in Orange setting with 'likelihood of a secondary wave of cases appearing'
24th May 22, 11:29am
by Gareth Vaughan
14
COVID-19 Response Minister Chris Hipkins says country to stay in Orange setting with 'likelihood of a secondary wave of cases appearing'
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Are we heading for a 1970s stagflation rerun?
A repeat of 1970s-style stagflation is unlikely but high inflation needs to end soon, Bank for International Settlements bulletin article argues
23rd May 22, 8:30am
by Gareth Vaughan
15
A repeat of 1970s-style stagflation is unlikely but high inflation needs to end soon, Bank for International Settlements bulletin article argues
RBNZ building entrance
The neutral interest rate, bonkers inflation, 4x50 basis points hikes in a row, an unemployment headache & bang for buck
Bank economists agree the RBNZ will lift the OCR by 50 basis points to 2% on Wednesday, so what else are they focusing on?
21st May 22, 9:05am
by Gareth Vaughan
131
Bank economists agree the RBNZ will lift the OCR by 50 basis points to 2% on Wednesday, so what else are they focusing on?
sme
Banks mull investment funding for SMEs through government aligned fund
Budget unveils proposal for Business Growth Fund to support SMEs with the assistance of bank investment
20th May 22, 7:50am
by Gareth Vaughan
4
Budget unveils proposal for Business Growth Fund to support SMEs with the assistance of bank investment