Gareth Vaughan | interest.co.nz

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 10 months

Latest articles

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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