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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

SME
'I could wait for a very long time' for banks to work closer with SMEs, Grant Robertson says
Finance Minister Grant Robertson says the Government is looking at ways access to finance can be improved for SMEs
16th Dec 21, 4:07pm
by Gareth Vaughan
11
Finance Minister Grant Robertson says the Government is looking at ways access to finance can be improved for SMEs
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New credit contracts law; Combatting unaffordable debt or stifling the free market economy?
Will changes to credit contracts and consumer finance laws lead to a government-induced credit crunch or protect borrowers from predatory lending?
16th Dec 21, 5:00am
by Gareth Vaughan
69
Will changes to credit contracts and consumer finance laws lead to a government-induced credit crunch or protect borrowers from predatory lending?
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Government's review of KiwiSaver default providers was too focused on fees, Morningstar argues
Morningstar says by focusing heavily on fees, the Government's review of KiwiSaver default fund providers didn't try to attract the funds performing best over the long-term
15th Dec 21, 11:22am
by Gareth Vaughan
1
Morningstar says by focusing heavily on fees, the Government's review of KiwiSaver default fund providers didn't try to attract the funds performing best over the long-term
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Avanti Finance now NZ's second biggest non-bank financial institution
Off the back of strong growth over several years, Avanti Finance is now New Zealand's second biggest non-bank lender
14th Dec 21, 7:58am
by Gareth Vaughan
4
Off the back of strong growth over several years, Avanti Finance is now New Zealand's second biggest non-bank lender
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New Westpac NZ CEO sees UK experience with Covid-19 holding her in good stead
Returning from the UK, new Westpac NZ CEO Catherine McGrath says lending processes have got more difficult here, whilst they've got easier in the UK
13th Dec 21, 10:58am
by Gareth Vaughan
Returning from the UK, new Westpac NZ CEO Catherine McGrath says lending processes have got more difficult here, whilst they've got easier in the UK
Big banks had 'much shorter survival horizon' in RBNZ liquidity stress testing than small banks
RBNZ runs double whammy of bank liquidity and solvency stress tests, says ​there's more work to do for banks to withstand a one-in-200 year event
8th Dec 21, 10:36am
by Gareth Vaughan
13
RBNZ runs double whammy of bank liquidity and solvency stress tests, says ​there's more work to do for banks to withstand a one-in-200 year event
RBNZ & FMA to review governance across a sample of 32 financial institutions
RBNZ and FMA to review governance across 32 financial service providers against a backdrop of growing concern about board governance and risk compliance
8th Dec 21, 9:20am
by Gareth Vaughan
RBNZ and FMA to review governance across 32 financial service providers against a backdrop of growing concern about board governance and risk compliance
McKinsey sees concerns ahead for banks and their shareholders
McKinsey's annual global banking review questions whether there's 'a bright and smooth future' ahead for banks and their shareholders
7th Dec 21, 8:45am
by Gareth Vaughan
2
McKinsey's annual global banking review questions whether there's 'a bright and smooth future' ahead for banks and their shareholders
ASB suggests 'lofty' housing confidence is set to be tested
Latest ASB Housing Confidence Survey shows respondents at odds with ASB's economists over the direction of house prices
6th Dec 21, 5:00am
by Gareth Vaughan
112
Latest ASB Housing Confidence Survey shows respondents at odds with ASB's economists over the direction of house prices
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'The private sector will never be able to run again under its own steam'
RIP capitalism & the free market as we knew them, Macquarie Capital analysts Viktor Shvets & Terrence Leung argue, with the private sector now artificially propped up by the public sector
5th Dec 21, 6:00am
by Gareth Vaughan
102
RIP capitalism & the free market as we knew them, Macquarie Capital analysts Viktor Shvets & Terrence Leung argue, with the private sector now artificially propped up by the public sector
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NordVPN says analysis of 4.5m payments cards found on the dark web includes nearly 50k NZ cards
Report from virtual private network provider NordVPN shows NZ punching above its weight in terms of volume & desirability of payments cards found on the dark web
3rd Dec 21, 10:46am
by Gareth Vaughan
5
Report from virtual private network provider NordVPN shows NZ punching above its weight in terms of volume & desirability of payments cards found on the dark web
Simon Bridges
Simon Bridges named National's Finance and Infrastructure Spokesman
New National Party leader Christopher Luxon gives rival Simon Bridges the Finance Portfolio
2nd Dec 21, 2:22pm
by Gareth Vaughan
34
New National Party leader Christopher Luxon gives rival Simon Bridges the Finance Portfolio
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Five issues of interest in APRA's new Aussie bank capital requirements
Reduced capital requirements for SME lending, Australasian banks lead way in housing exposure, Aussie bank shareholders can breathe easy, and as safe as houses?
2nd Dec 21, 10:42am
by Gareth Vaughan
Reduced capital requirements for SME lending, Australasian banks lead way in housing exposure, Aussie bank shareholders can breathe easy, and as safe as houses?
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How & why is employment above its maximum sustainable level when 98k people are out of work?
In its setting of monetary policy the Reserve Bank must target 'maximum sustainable employment.' So just what is this?
2nd Dec 21, 7:00am
by Gareth Vaughan
51
In its setting of monetary policy the Reserve Bank must target 'maximum sustainable employment.' So just what is this?
rbnz-new-logo2
RBNZ appoints John McDermott Assistant Governor/General Manager for Digital Solutions and Security
The RBNZ names John McDermott to a new role as Assistant Governor/General Manager for Digital Solutions and Security
30th Nov 21, 4:01pm
by Gareth Vaughan
1
The RBNZ names John McDermott to a new role as Assistant Governor/General Manager for Digital Solutions and Security
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Christopher Luxon new National Party Leader with Nicola Willis Deputy Leader
Christopher Luxon, an MP only since last year, becomes National Party Leader with Nicola Willis the new Deputy Leader
30th Nov 21, 3:42pm
by Gareth Vaughan
194
Christopher Luxon, an MP only since last year, becomes National Party Leader with Nicola Willis the new Deputy Leader
'Widespread compliance failures across multiple Westpac businesses'
In what it describes as an unprecedented move, the Australian Securities & Investments Commission is launching 6 court cases against Westpac simultaneously
30th Nov 21, 10:29am
by Gareth Vaughan
9
In what it describes as an unprecedented move, the Australian Securities & Investments Commission is launching 6 court cases against Westpac simultaneously
Westpac aside the big banks saw a strong rise in September quarter profit
September quarter combined financial performance from the big 5 NZ banks comfortably outstrips September 2020 quarter on a range of measures
29th Nov 21, 12:06pm
by Gareth Vaughan
September quarter combined financial performance from the big 5 NZ banks comfortably outstrips September 2020 quarter on a range of measures
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A weekend Top 5: Champagne time in container shipping, how a banking crisis helped the Nazis, the paradox of our own ignorance & more
Gareth Vaughan on champagne time in container shipping, how a banking crisis helped the Nazis, Ireland's tax haven, cryptocurrency and puppies, plus the paradox of our own ignorance
28th Nov 21, 6:00am
by Gareth Vaughan
37
Gareth Vaughan on champagne time in container shipping, how a banking crisis helped the Nazis, Ireland's tax haven, cryptocurrency and puppies, plus the paradox of our own ignorance
westpac1-oct21
RBNZ ordered Westpac NZ review provides some important context to board & executive changes
Westpac NZ's independent non-executive directors 'were not able to engage with and provide robust challenges to the executive on risk topics'
26th Nov 21, 9:47am
by Gareth Vaughan
3
Westpac NZ's independent non-executive directors 'were not able to engage with and provide robust challenges to the executive on risk topics'
RBNZ 'may well be a bellwether for other countries'
Nomura suggests the RBNZ will lift the OCR by 50 basis points and this would warrant, and likely gain, global attention
24th Nov 21, 8:04am
by Gareth Vaughan
45
Nomura suggests the RBNZ will lift the OCR by 50 basis points and this would warrant, and likely gain, global attention
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RBNZ talks down the potential impact of the DTI political football on first home buyers
Reserve Bank plays down the likely impact of restricting house buyers' borrowing capacity on first home buyers
23rd Nov 21, 3:34pm
by Gareth Vaughan
24
Reserve Bank plays down the likely impact of restricting house buyers' borrowing capacity on first home buyers
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RBNZ floats possibility of debt-to-income ratio of 6 or 7 & a test interest rate floor of 7% or 8%
Reserve Bank launches consultation on potential debt serviceability restrictions that could be used if it believes financial stability risks warrant them
23rd Nov 21, 10:49am
by Gareth Vaughan
99
Reserve Bank launches consultation on potential debt serviceability restrictions that could be used if it believes financial stability risks warrant them
RBNZ bank picture
Macquarie favours NAB and ANZ over CBA and Westpac
Macquarie suggests NAB and ANZ have better prospects at the moment than 'retail overweight' major bank peers, CBA and Westpac
23rd Nov 21, 7:53am
by Gareth Vaughan
1
Macquarie suggests NAB and ANZ have better prospects at the moment than 'retail overweight' major bank peers, CBA and Westpac
BNZ logo
BNZ says home buyers now need a deposit of at least 20%
BNZ clamps down on low equity home lending to meet new RBNZ speed limit
22nd Nov 21, 8:11am
by Gareth Vaughan
13
BNZ clamps down on low equity home lending to meet new RBNZ speed limit