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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

RBNZ outlines pros & cons of publicly releasing individual bank results of 'artificial' stress tests
Reserve Bank's Toby Fiennes says releasing individual bank stress test results is something the regulator will seriously consider
18th Sep 20, 9:14am
by Gareth Vaughan
3
Reserve Bank's Toby Fiennes says releasing individual bank stress test results is something the regulator will seriously consider
'A fintech with a bank licence' looks to optimise its value
Heartland Group Holdings, the parent of Heartland Bank, to probe ways of boosting its value
18th Sep 20, 9:13am
by Gareth Vaughan
2
Heartland Group Holdings, the parent of Heartland Bank, to probe ways of boosting its value
Banks come through RBNZ stress tests 'relatively well'
Reserve Bank stress testing of NZ banks shows them able to maintain required regulatory capital levels and continue lending in a scenario significantly worse than what the regulator expects COVID-19 to cause
17th Sep 20, 2:00pm
by Gareth Vaughan
28
Reserve Bank stress testing of NZ banks shows them able to maintain required regulatory capital levels and continue lending in a scenario significantly worse than what the regulator expects COVID-19 to cause
RBNZ sticks to industry-wide rather than individual bank stress test results
Reserve Bank review of its bank stress testing framework delayed by Covid-19 pandemic
16th Sep 20, 2:31pm
by Gareth Vaughan
Reserve Bank review of its bank stress testing framework delayed by Covid-19 pandemic
As government bond issuance surges, the interest bill isn't following suit
In a sign of these COVID times, the government's bond issuance has ramped up dramatically but the interest to be paid on the borrowing hasn't
15th Sep 20, 5:03pm
by Gareth Vaughan
24
In a sign of these COVID times, the government's bond issuance has ramped up dramatically but the interest to be paid on the borrowing hasn't
Flexigroup wouldn't expect BNPL to be captured by Labour's merchant service fee regulation
CEO Chris Lamers says Flexigroup doesn't anticipate merchant service fees charged by its buy now pay later service would be included in any government regulation
15th Sep 20, 5:00am
by Gareth Vaughan
CEO Chris Lamers says Flexigroup doesn't anticipate merchant service fees charged by its buy now pay later service would be included in any government regulation
ASB & BNZ's Aussie parents launch zero interest rate credit cards
National Australia Bank and Commonwealth Bank of Australia push back at buy now pay later service providers with zero interest rate credit cards
12th Sep 20, 9:31am
by Gareth Vaughan
25
National Australia Bank and Commonwealth Bank of Australia push back at buy now pay later service providers with zero interest rate credit cards
Could National call a national infrastructure bank a bank?
The National Party says it would consult the Reserve Bank on the use of the word 'bank' in the name of the new Crown entity, the 'National Infrastructure Bank', it's proposing
10th Sep 20, 12:15pm
by Gareth Vaughan
8
The National Party says it would consult the Reserve Bank on the use of the word 'bank' in the name of the new Crown entity, the 'National Infrastructure Bank', it's proposing
All eyes on Australia for clues to Labour's plans for merchant service fee regulation
Labour pledges 'regulation of the price' as it eyes introduction of merchant service fee regulation in New Zealand, should it be returned to government in the October 17 election
9th Sep 20, 4:08pm
by Gareth Vaughan
1
Labour pledges 'regulation of the price' as it eyes introduction of merchant service fee regulation in New Zealand, should it be returned to government in the October 17 election
National reveals plans for a national infrastructure bank
National Party pledges consolidation of several existing entities into a national infrastructure "bank" to provide finance and advice for central and local government infrastructure projects
9th Sep 20, 3:58pm
by Gareth Vaughan
16
National Party pledges consolidation of several existing entities into a national infrastructure "bank" to provide finance and advice for central and local government infrastructure projects
Labour pledges help for SMEs through regulation of banks' card acceptance fees
Labour Party unveils commitment to reduce fees small businesses pay their banks for accepting debit and credit cards through regulation of merchant service fees
8th Sep 20, 12:00pm
by Gareth Vaughan
7
Labour Party unveils commitment to reduce fees small businesses pay their banks for accepting debit and credit cards through regulation of merchant service fees
Labour Party policy for the regulation of retail payment fees expected
Labour Party reportedly set to unveil policy to regulate retail payment fees on Tuesday in move designed to reduce fees small businesses pay their banks
8th Sep 20, 10:18am
by Gareth Vaughan
8
Labour Party reportedly set to unveil policy to regulate retail payment fees on Tuesday in move designed to reduce fees small businesses pay their banks
Lucrative Westpac Banking Corporation wealth sale touted
Analysts run the numbers on potential sale by Westpac Banking Corporation of wealth and insurance businesses
8th Sep 20, 9:25am
by Gareth Vaughan
2
Analysts run the numbers on potential sale by Westpac Banking Corporation of wealth and insurance businesses
Consumer loan arrears have fallen this year but what will happen when the shields are removed?
Figures from credit bureau Equifax show consumer loan arrears down significantly this year. But what will happen when COVID-19 related support ends?
7th Sep 20, 4:04pm
by Gareth Vaughan
2
Figures from credit bureau Equifax show consumer loan arrears down significantly this year. But what will happen when COVID-19 related support ends?
What might COVID-19 loan deferrals ultimately mean for banks' non-performing loans?
As of July 31 a total of $73.7 billion of bank loans were receiving some form of COVID-19 related relief. Gareth Vaughan speculates on what might happen to banks' non-performing loan ratios when the deferral scheme eventually ends
6th Sep 20, 6:02am
by Gareth Vaughan
58
As of July 31 a total of $73.7 billion of bank loans were receiving some form of COVID-19 related relief. Gareth Vaughan speculates on what might happen to banks' non-performing loan ratios when the deferral scheme eventually ends
Top 5 COVID-19 Alert Level 2 special: Central banker admits mistakes, the US electoral tinderbox & more
Gareth Vaughan on natural rate of unemployment dogma, justifying equity bull markets, Melbourne battles on, from tourism to nappies, and the US electoral tinderbox
4th Sep 20, 12:33pm
by Gareth Vaughan
7
Gareth Vaughan on natural rate of unemployment dogma, justifying equity bull markets, Melbourne battles on, from tourism to nappies, and the US electoral tinderbox
Is capitalism as we know it dead, and if so, what might replace it?
Author and Macquarie strategist Viktor Shvets on the impact of the Information Age and financialization, and how they are creating a different, new world
3rd Sep 20, 11:19am
by Gareth Vaughan
39
Author and Macquarie strategist Viktor Shvets on the impact of the Information Age and financialization, and how they are creating a different, new world
CEO Steve Jurkovich says Kiwibank's ready for negative interest rates
Kiwibank CEO Steve Jurkovich says the bank has been preparing for the likelihood of a negative OCR by looking closely at what it's likely to mean for product management and customer behaviour
2nd Sep 20, 9:30am
by Gareth Vaughan
13
Kiwibank CEO Steve Jurkovich says the bank has been preparing for the likelihood of a negative OCR by looking closely at what it's likely to mean for product management and customer behaviour
Kiwibank annual profit falls 48%
Kiwibank June year profit hit as COVID-19 related loan impairments ramp up, expenses rise and income falls
1st Sep 20, 9:54am
by Gareth Vaughan
19
Kiwibank June year profit hit as COVID-19 related loan impairments ramp up, expenses rise and income falls
Fancy a 49% net interest margin?
UBS analysts cook up a hypothetical net interest margin for buy now pay later juggernaut Afterpay on the back of its annual financial results
1st Sep 20, 9:17am
by Gareth Vaughan
3
UBS analysts cook up a hypothetical net interest margin for buy now pay later juggernaut Afterpay on the back of its annual financial results
Xero's latest Small Business Insights showed promising signs - in July
Monthly Xero Small Business Insights data series showed promising signs for revenue and employment overall in July, before Auckland's August Level 3 lockdown
31st Aug 20, 5:00am
by Gareth Vaughan
4
Monthly Xero Small Business Insights data series showed promising signs for revenue and employment overall in July, before Auckland's August Level 3 lockdown
Sunday Covid update: Two new community cases, one in Tokoroa
Covid update: Ministry of Health reports two new Covid-19 cases in the community
30th Aug 20, 1:10pm
by Gareth Vaughan
69
Covid update: Ministry of Health reports two new Covid-19 cases in the community
Oxipay's parent Flexigroup NZ pledges to 'shake-up' buy now pay later sector
Flexigroup NZ says it will 'shake-up NZ’s buy now pay later sector with some major changes' in September; Harmoney posts loss but says it's in a 'strong financial position'
28th Aug 20, 2:44pm
by Gareth Vaughan
Flexigroup NZ says it will 'shake-up NZ’s buy now pay later sector with some major changes' in September; Harmoney posts loss but says it's in a 'strong financial position'
Poll shows strong majority support COVID-19 elimination strategy
Horizon Research says poll shows strong majority of public backs government's strategy of eliminating community transmission of COVID-19, and believes doing this will be better for the economy in the long-term
28th Aug 20, 11:21am
by Gareth Vaughan
66
Horizon Research says poll shows strong majority of public backs government's strategy of eliminating community transmission of COVID-19, and believes doing this will be better for the economy in the long-term
Treasury declines to detail government exposure to international benchmark interest rate reform
Treasury and New Zealand Debt Management won't provide detail of exposure to reform of discredited LIBOR, but say they are working to transition away from LIBOR
27th Aug 20, 9:21pm
by Gareth Vaughan
3
Treasury and New Zealand Debt Management won't provide detail of exposure to reform of discredited LIBOR, but say they are working to transition away from LIBOR