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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

Assessing QE's impact on wealth and income inequality
UK think-tank delves into whether quantitative easing, such as the RBNZ's COVID-era large scale asset purchase programme, worsens wealth and income inequality
22nd Jan 21, 5:00am
by Gareth Vaughan
30
UK think-tank delves into whether quantitative easing, such as the RBNZ's COVID-era large scale asset purchase programme, worsens wealth and income inequality
QE 'likely to continue to play a key role in the monetary policy toolkit for years to come'
British evaluation of central bank quantitative easing says it's now a core part of monetary policy, meaning public trust in and understanding of QE is important
21st Jan 21, 5:00am
by Gareth Vaughan
56
British evaluation of central bank quantitative easing says it's now a core part of monetary policy, meaning public trust in and understanding of QE is important
In a falling interest rate environment, what have banks done with their mortgage testing rates?
Broad discrepancy between the interest rates the major banks use to test mortgage borrowers' ongoing ability to service their loans
21st Dec 20, 2:54pm
by Gareth Vaughan
20
Broad discrepancy between the interest rates the major banks use to test mortgage borrowers' ongoing ability to service their loans
The 2020 Interesties, our 10th annual awards
The 2020 Interesties featuring the National Party, Adrian Orr, Jacinda Ardern, Donald Trump, David Seymour, NZX, Ashley Bloomfield, David Clark, Daniel Andrews, COVID-19, Judith Collins & more
20th Dec 20, 6:02am
by Gareth Vaughan
28
The 2020 Interesties featuring the National Party, Adrian Orr, Jacinda Ardern, Donald Trump, David Seymour, NZX, Ashley Bloomfield, David Clark, Daniel Andrews, COVID-19, Judith Collins & more
Robertson sounds unenthusiastic about DTI ratio tool
Finance Minister Grant Robertson tells Bloomberg the Reserve Bank requesting a debt to income ratio tool doesn’t automatically translate to the Government approving it
18th Dec 20, 8:08am
by Gareth Vaughan
45
Finance Minister Grant Robertson tells Bloomberg the Reserve Bank requesting a debt to income ratio tool doesn’t automatically translate to the Government approving it
ANZ's Elliott describes a crisis as 'just a period of rapid change' as new chairman pledges 'relentless pressure' on costs
ANZ Banking Group CEO Shayne Elliott says a crisis is a period of rapid change where people have new needs and good companies figure out how to service them
17th Dec 20, 9:19am
by Gareth Vaughan
ANZ Banking Group CEO Shayne Elliott says a crisis is a period of rapid change where people have new needs and good companies figure out how to service them
Partners Life buying BNZ Life in NZ$290 mln deal
BNZ's parent National Australia Bank agrees to sell BNZ Life to Partners Life for NZ$290 million
16th Dec 20, 5:18pm
by Gareth Vaughan
1
BNZ's parent National Australia Bank agrees to sell BNZ Life to Partners Life for NZ$290 million
How are banks coping with surging home loan demand?
Mortgage brokers say most banks have had their struggles keeping up with demand in a red hot housing market
16th Dec 20, 10:51am
by Gareth Vaughan
3
Mortgage brokers say most banks have had their struggles keeping up with demand in a red hot housing market
Will the RBNZ finally get a treasured debt-to-income ratio tool?
With a debt-to-income ratio tool back on the table, Gareth Vaughan looks at the political and other challenges the RBNZ needs to overcome to be granted the financial stability tool
15th Dec 20, 11:47am
by Gareth Vaughan
21
With a debt-to-income ratio tool back on the table, Gareth Vaughan looks at the political and other challenges the RBNZ needs to overcome to be granted the financial stability tool
Merchant service fee regulation - why the Government should go harder
Having advocated for it earlier this year, Gareth Vaughan is encouraged to see the Government proposing merchant service fee regulation, but calls for bolder action
12th Dec 20, 9:16am
by Gareth Vaughan
12
Having advocated for it earlier this year, Gareth Vaughan is encouraged to see the Government proposing merchant service fee regulation, but calls for bolder action
'We don't believe CBDCs will supplant financial institutions in their financial intermediation function'
S&P expects central bank digital currencies to be developed in a way that enables financial institutions to continue to play a major role in the financial system
10th Dec 20, 4:37pm
by Gareth Vaughan
2
S&P expects central bank digital currencies to be developed in a way that enables financial institutions to continue to play a major role in the financial system
Small Business Minister says merchant service fee regulation coming so retailers & consumers 'get a fair go'
Government outlines wide ranging merchant service fee regulation proposals including 'hard caps' on interchange fees
10th Dec 20, 12:08pm
by Gareth Vaughan
2
Government outlines wide ranging merchant service fee regulation proposals including 'hard caps' on interchange fees
Do we still need banks?
Macquarie analysts argue commercial banks and fintech will exist solely at the grace of central banks and their earnings will be determined by them
10th Dec 20, 6:11am
by Gareth Vaughan
49
Macquarie analysts argue commercial banks and fintech will exist solely at the grace of central banks and their earnings will be determined by them
UDC annual profit falls 10%, ANZ pockets final dividend
UDC Finance posts 10% drop in annual profit as sale to Japan's Shinsei Bank from ANZ goes through
9th Dec 20, 10:13am
by Gareth Vaughan
UDC Finance posts 10% drop in annual profit as sale to Japan's Shinsei Bank from ANZ goes through
How I ended up being cross examined by a defendant representing himself
Gareth Vaughan charts his journey as a witness in a Financial Markets Authority court case against a New Zealand registered company and its NZ resident director
9th Dec 20, 5:00am
by Gareth Vaughan
6
Gareth Vaughan charts his journey as a witness in a Financial Markets Authority court case against a New Zealand registered company and its NZ resident director
Top 5+1: QE vs monetary financing, COVID-19 housing opportunities & more
Gareth Vaughan on QE vs monetary financing, COVID-19 housing opportunities, crowdsourcing low interest rate advice, how a computer language controls the financial life of the world, strangled by conservative credentialism & Project Helvetia
7th Dec 20, 10:19am
by Gareth Vaughan
17
Gareth Vaughan on QE vs monetary financing, COVID-19 housing opportunities, crowdsourcing low interest rate advice, how a computer language controls the financial life of the world, strangled by conservative credentialism & Project Helvetia
'Mortgage demand remains the strongest'
Credit bureau Equifax says 96% of all accounts previously in mortgage deferral are now up to date
4th Dec 20, 9:44am
by Gareth Vaughan
9
Credit bureau Equifax says 96% of all accounts previously in mortgage deferral are now up to date
RBNZ to research the impact of loose monetary policy on wealth & income inequality
RBNZ Governor Adrian Orr says the impact of monetary policy decisions on wealth & income equality is an important topic for considering economic wellbeing, but it's not clear if lower interest rates increase or decrease income & wealth inequality
3rd Dec 20, 6:34am
by Gareth Vaughan
97
RBNZ Governor Adrian Orr says the impact of monetary policy decisions on wealth & income equality is an important topic for considering economic wellbeing, but it's not clear if lower interest rates increase or decrease income & wealth inequality
BNZ cops Commerce Commission warning
Commerce Commission warns BNZ after deciding issues the bank self reported 'likely breached' responsible lending and disclosure obligations under the Credit Contracts and Consumer Finance Act
2nd Dec 20, 9:24am
by Gareth Vaughan
1
Commerce Commission warns BNZ after deciding issues the bank self reported 'likely breached' responsible lending and disclosure obligations under the Credit Contracts and Consumer Finance Act
Flip! Here comes cheap bank funding
Reserve Bank provides details of its Funding for Lending Programme, which will launch next Monday, December 7 offering banks cheap, three-year funding
1st Dec 20, 2:50pm
by Gareth Vaughan
95
Reserve Bank provides details of its Funding for Lending Programme, which will launch next Monday, December 7 offering banks cheap, three-year funding
APRA takes action against Westpac over liquidity shortcomings, including relating to Westpac NZ
Australian Prudential Regulation Authority moves against 'material breaches of prudential liquidity standards' by Westpac, including in relation to Westpac NZ
1st Dec 20, 1:49pm
by Gareth Vaughan
13
Australian Prudential Regulation Authority moves against 'material breaches of prudential liquidity standards' by Westpac, including in relation to Westpac NZ
Heartland Group floats idea of separating Marac vehicle finance unit out as stand-alone subsidiary
Heartland Group Holdings' project aiming to 'optimise value within the Group' mulls idea of pulling vehicle financing arm out of Heartland Bank as stand-alone subsidiary
1st Dec 20, 9:30am
by Gareth Vaughan
1
Heartland Group Holdings' project aiming to 'optimise value within the Group' mulls idea of pulling vehicle financing arm out of Heartland Bank as stand-alone subsidiary
ASB delivers strong September quarter as home lending surges
Big five New Zealand banks fill their boots on home loans during September quarter as COVID-19 sends profits south
27th Nov 20, 10:01am
by Gareth Vaughan
5
Big five New Zealand banks fill their boots on home loans during September quarter as COVID-19 sends profits south
RBNZ misread the tea leaves, added too much stimulus & is sending property to the moon, Citi says
Australian-based Citi Research banking analysts highlight 'messy' situation in New Zealand suggesting what appears to be a particularly aggressive RBNZ monetary policy approach has ignited the housing market
25th Nov 20, 9:13am
by Gareth Vaughan
9
Australian-based Citi Research banking analysts highlight 'messy' situation in New Zealand suggesting what appears to be a particularly aggressive RBNZ monetary policy approach has ignited the housing market
BNZ to reinstate LVR restrictions on home lending from December 7
BNZ says it will reintroduce loan-to-value ratio restrictions on low deposit home loans from December 7 as Reserve Bank moves to formally restore them
24th Nov 20, 4:23pm
by Gareth Vaughan
17
BNZ says it will reintroduce loan-to-value ratio restrictions on low deposit home loans from December 7 as Reserve Bank moves to formally restore them