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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 4 months

Latest articles

Kiwibank boss cautious on loan impairment outlook despite none in December half-year
Kiwibank CEO Steve Jurkovich says banks could use cheap RBNZ Funding for Lending Programme money to lower floating mortgage rates
26th Feb 21, 7:49am
by Gareth Vaughan
Kiwibank CEO Steve Jurkovich says banks could use cheap RBNZ Funding for Lending Programme money to lower floating mortgage rates
Banks' annual personnel costs surge almost $268m as staff numbers rise
New Zealand banks' personnel expenses rose 9% last year to more than $3.2 billion as they added more than 600 staff
24th Feb 21, 10:07am
by Gareth Vaughan
5
New Zealand banks' personnel expenses rose 9% last year to more than $3.2 billion as they added more than 600 staff
Bank funding costs fall as interest rates paid to savers tumble
KPMG's annual Financial Institutions Performance Survey shows bank funding costs the lowest they've been for at least 34 years
24th Feb 21, 10:06am
by Gareth Vaughan
53
KPMG's annual Financial Institutions Performance Survey shows bank funding costs the lowest they've been for at least 34 years
CEO says Heartland Bank would need bigger mortgage book to participate in FLP
RBNZ's Funding for Lending Programme not a good fit for Heartland Bank, CEO Chris Flood says, as group continues mulling splitting Marac out as a standalone subsidiary
23rd Feb 21, 9:08am
by Gareth Vaughan
RBNZ's Funding for Lending Programme not a good fit for Heartland Bank, CEO Chris Flood says, as group continues mulling splitting Marac out as a standalone subsidiary
You can't lose with property mate
Gareth Vaughan wonders whether the only way New Zealand will get a circuit breaker to our housing affordability woes will be if there's a severe housing market downturn
21st Feb 21, 6:02am
by Gareth Vaughan
198
Gareth Vaughan wonders whether the only way New Zealand will get a circuit breaker to our housing affordability woes will be if there's a severe housing market downturn
Global debt surges to fresh record high against the backdrop of COVID-19
Ending exceptional fiscal support measures designed to combat COVID-19 will be painful in a world awash with debt, the Institute of International Finance says
18th Feb 21, 4:38pm
by Gareth Vaughan
11
Ending exceptional fiscal support measures designed to combat COVID-19 will be painful in a world awash with debt, the Institute of International Finance says
Plan floated to reduce tourism's environmental footprint & prevent a return to the status quo
Parliamentary Commissioner for the Environment Simon Upton calls for the introduction of four policies to tackle the impact of tourism on the New Zealand environment
18th Feb 21, 2:01pm
by Gareth Vaughan
59
Parliamentary Commissioner for the Environment Simon Upton calls for the introduction of four policies to tackle the impact of tourism on the New Zealand environment
Westpac NZ borrows $650 mln in five-year bond issue
Westpac NZ five-year bond issue raises $650 million priced at 55 basis points over the swap rate
18th Feb 21, 1:16pm
by Gareth Vaughan
2
Westpac NZ five-year bond issue raises $650 million priced at 55 basis points over the swap rate
ANZ Group highlights record NZ home loan volumes in strong trading update
ANZ Banking Group CEO Shayne Elliott says bank's NZ staff have 'been really run off their feet' meeting record demand for home loans
18th Feb 21, 11:48am
by Gareth Vaughan
33
ANZ Banking Group CEO Shayne Elliott says bank's NZ staff have 'been really run off their feet' meeting record demand for home loans
A Top 5 Level 3 special: Fearless investors, an Irish housing solution, moving beyond COVID elimination & more
Gareth Vaughan on fearless investors, an Irish housing solution, moving beyond COVID elimination, the unattainability of herd immunity & the biggest bribe in the history of bribing
17th Feb 21, 9:00am
by Gareth Vaughan
85
Gareth Vaughan on fearless investors, an Irish housing solution, moving beyond COVID elimination, the unattainability of herd immunity & the biggest bribe in the history of bribing
What should banks do with all the cheap public money the RBNZ's FLP offers them?
Gareth Vaughan gets lost in a fictional world full of fairies, rainbows and unicorns where banks use cheap public money in ways that make New Zealand a better place
14th Feb 21, 6:02am
by Gareth Vaughan
83
Gareth Vaughan gets lost in a fictional world full of fairies, rainbows and unicorns where banks use cheap public money in ways that make New Zealand a better place
This week's Top 5: Crypto-currency deluxe, COVID corporate winners vs losers & more
Gareth Vaughan on whether COVID corporate winners should share their profits with COVID corporate losers, Dr Doom vs crypto-currency spruikers, central bank cryptos & Fed boss gets serious about unemployment
13th Feb 21, 9:31am
by Gareth Vaughan
18
Gareth Vaughan on whether COVID corporate winners should share their profits with COVID corporate losers, Dr Doom vs crypto-currency spruikers, central bank cryptos & Fed boss gets serious about unemployment
ANZ admits misleading representations in credit card repayment insurance, FMA says
The FMA says ANZ had admitted making misleading representations in providing credit card repayment insurance to some customers
12th Feb 21, 12:47pm
by Gareth Vaughan
9
The FMA says ANZ had admitted making misleading representations in providing credit card repayment insurance to some customers
ASB CEO Vittoria Shortt outlines the bank's plans for cheap FLP funding
CEO Vittoria Shortt details what ASB wants to do with billions of dollars worth of funding from the RBNZ priced at 0.25%
11th Feb 21, 5:00pm
by Gareth Vaughan
38
CEO Vittoria Shortt details what ASB wants to do with billions of dollars worth of funding from the RBNZ priced at 0.25%
ASB promises no forced sales of family homes as its interim profit rises
ASB posts 4% rise in half-year profit to $625 million as income rises and expenses fall
10th Feb 21, 10:49am
by Gareth Vaughan
45
ASB posts 4% rise in half-year profit to $625 million as income rises and expenses fall
Juniper Research details its top 10 fintech trends for 2021
Artificial intelligence, QR code payments, open banking & buy now pay later services all feature in Juniper Research's predictions for the top 10 fintech trends of 2021
9th Feb 21, 1:30pm
by Gareth Vaughan
Artificial intelligence, QR code payments, open banking & buy now pay later services all feature in Juniper Research's predictions for the top 10 fintech trends of 2021
ASB joins other banks in requiring a 40% deposit from residential property investors
ASB says residential property investors seeking loans must now have a 40% deposit, with bank's CEO 'concerned high levels of investor demand are unsustainable'
5th Feb 21, 5:15pm
by Gareth Vaughan
35
ASB says residential property investors seeking loans must now have a 40% deposit, with bank's CEO 'concerned high levels of investor demand are unsustainable'
UK govt moves to regulate buy now pay later sector, which is unregulated in NZ
British government acting on advice buy now pay later credit sector needs to be regulated 'as a matter of urgency' to protect consumers
4th Feb 21, 12:08pm
by Gareth Vaughan
6
British government acting on advice buy now pay later credit sector needs to be regulated 'as a matter of urgency' to protect consumers
Outlook brightening for major banks with eyes on capital return to shareholders from ASB's parent
Expectations 'very high' ahead of half-year financial results from ASB's parent Commonwealth Bank of Australia
4th Feb 21, 9:26am
by Gareth Vaughan
1
Expectations 'very high' ahead of half-year financial results from ASB's parent Commonwealth Bank of Australia
The biggest impact on banks from open banking to date? Increasing costs
A European centric look at open banking from Morgan Stanley contains some useful morsels for New Zealand banks
3rd Feb 21, 2:12pm
by Gareth Vaughan
A European centric look at open banking from Morgan Stanley contains some useful morsels for New Zealand banks
Banks' COVID-19 loan loss cycle expected to be shorter & shallower than a typical cycle
Morgan Stanley says massive quantities of government and central bank fiscal and monetary policy stimulus is suppressing banks' loan losses
29th Jan 21, 7:50am
by Gareth Vaughan
Morgan Stanley says massive quantities of government and central bank fiscal and monetary policy stimulus is suppressing banks' loan losses
Do banks face the threat of a Google banking marketplace?
Google Pay and banking-as-a-service business model seen making competitive landscape tougher for banks
28th Jan 21, 3:13pm
by Gareth Vaughan
Google Pay and banking-as-a-service business model seen making competitive landscape tougher for banks
Kiwibank completes digital and technology leadership team
Kiwibank unveils key digital and technology appointments as it spruiks evolving digital banking services
27th Jan 21, 12:01pm
by Gareth Vaughan
Kiwibank unveils key digital and technology appointments as it spruiks evolving digital banking services
The big banks may be cutting fixed mortgage rates, but what about floating rates?
Don't hold your breath if you're waiting for floating mortgage rate cuts from the big four banks. But do haggle with 'em if you want a lower rate
25th Jan 21, 10:48am
by Gareth Vaughan
6
Don't hold your breath if you're waiting for floating mortgage rate cuts from the big four banks. But do haggle with 'em if you want a lower rate
This week's Top 5 featuring a Trump obit, trusts, a central bank propping up a share market & more
Gareth Vaughan on the central bank propping up a share market, an obituary for a failed presidency, trusts slipping through the crackdown cracks, the buy now pay later bubble & Iran's struggles with bitcoin mining
24th Jan 21, 6:31am
by Gareth Vaughan
43
Gareth Vaughan on the central bank propping up a share market, an obituary for a failed presidency, trusts slipping through the crackdown cracks, the buy now pay later bubble & Iran's struggles with bitcoin mining