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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

Analysts see loan losses peaking at A$4.5 billion per major bank
Macquarie analysts' predict big four Australasian banks' COVID-19 downturn-related loan losses to peak in 2021
21st Apr 20, 8:42am
by Gareth Vaughan
Macquarie analysts' predict big four Australasian banks' COVID-19 downturn-related loan losses to peak in 2021
This week's Top 5 COVID-19 lockdown special
Gareth Vaughan on retrospective insurance to save businesses, a good time to tackle tax evasion, stranded in paradise, drugs & vaccines, inside the NHS
19th Apr 20, 9:31am
by Gareth Vaughan
46
Gareth Vaughan on retrospective insurance to save businesses, a good time to tackle tax evasion, stranded in paradise, drugs & vaccines, inside the NHS
Auckland Council rates, budget & credit ratings under threat from COVID-19
Auckland Council says the economic fallout from COVID-19 is threatening its ability to deliver a balanced budget and comply with its debt to revenue ratio policy
17th Apr 20, 9:34am
by Gareth Vaughan
24
Auckland Council says the economic fallout from COVID-19 is threatening its ability to deliver a balanced budget and comply with its debt to revenue ratio policy
Will the recession caused by the COVID-19 pandemic herald the Great Reset?
Mauldin Economics' Patrick Watson sees a new world emerging post-COVID-19 with changes for globalisation and labour market dynamics, and potential ahead for a Great Reset, or debt jubilee
16th Apr 20, 5:15pm
by Gareth Vaughan
88
Mauldin Economics' Patrick Watson sees a new world emerging post-COVID-19 with changes for globalisation and labour market dynamics, and potential ahead for a Great Reset, or debt jubilee
Visa, Mastercard, banks & NZ's retail payment systems, Part 5; The grand finale
In the fifth and final part of a series on New Zealand's retail payment systems Gareth Vaughan lays out a roadmap for regulating the retail payments sector and outlines why this should be done
16th Apr 20, 5:00am
by Gareth Vaughan
8
In the fifth and final part of a series on New Zealand's retail payment systems Gareth Vaughan lays out a roadmap for regulating the retail payments sector and outlines why this should be done
Could the COVID-19 pandemic prove to be a fillip for KiwiBuild?
Motu and Victoria University's Arthur Grimes 'moderately optimistic' NZ & world economy will recover from COVID-19 economic downturn much faster than Great Depression, but is concerned about xenophobia
15th Apr 20, 12:54pm
by Gareth Vaughan
72
Motu and Victoria University's Arthur Grimes 'moderately optimistic' NZ & world economy will recover from COVID-19 economic downturn much faster than Great Depression, but is concerned about xenophobia
COVID-19 leading to Modern Monetary Theory, stagflation & a challenging outlook for NZ
David Skilling, director at economic advisory firm Landfall Strategy Group, says NZ policy makers will need to start moving from fire fighting to an intelligent and thoughtful longer-term economic focus
13th Apr 20, 12:33pm
by Gareth Vaughan
80
David Skilling, director at economic advisory firm Landfall Strategy Group, says NZ policy makers will need to start moving from fire fighting to an intelligent and thoughtful longer-term economic focus
'You simply have to accept that debt can't be repaid when too much debt has been issued'
A debt jubilee, universal basic income and regionalism rather than globalisation, are among Steve Keen's key solutions to the COVID-19 pandemic and resulting steep economic downturn
12th Apr 20, 7:27am
by Gareth Vaughan
313
A debt jubilee, universal basic income and regionalism rather than globalisation, are among Steve Keen's key solutions to the COVID-19 pandemic and resulting steep economic downturn
Banks increasing limit on contactless payments to $200 from $80
Limit on contactless payments increasing to $200 from $80 to encourage consumers not to touch payments terminals. Good for our health, but bad for EFTPOS?
9th Apr 20, 8:00am
by Gareth Vaughan
25
Limit on contactless payments increasing to $200 from $80 to encourage consumers not to touch payments terminals. Good for our health, but bad for EFTPOS?
S&P sees 'one-in-three likelihood' of downgrading big 4 Aussie banks within 2 years
S&P Global Ratings affirms credit ratings of the Aussie parents of NZ's big four banks but revises outlook on them & Kiwi subsidiaries to negative from stable
8th Apr 20, 5:20pm
by Gareth Vaughan
2
S&P Global Ratings affirms credit ratings of the Aussie parents of NZ's big four banks but revises outlook on them & Kiwi subsidiaries to negative from stable
Visa, Mastercard, banks & NZ's retail payment systems, Part 4; Could COVID-19 kill EFTPOS?
In the fourth part of a series on NZ's retail payment systems, Gareth Vaughan looks at EFTPOS and COVID-19, and finds banks in charge of implementing some of the key technologies that could crimp their revenues
8th Apr 20, 10:00am
by Gareth Vaughan
12
In the fourth part of a series on NZ's retail payment systems, Gareth Vaughan looks at EFTPOS and COVID-19, and finds banks in charge of implementing some of the key technologies that could crimp their revenues
No rebates for Co-op Bank customers in line with RBNZ halting bank dividends
The Co-operative Bank says it won't be paying customer-members' rebates this year following RBNZ move to halt bank dividends in response to economic fallout from the COVID-19 pandemic
8th Apr 20, 9:58am
by Gareth Vaughan
The Co-operative Bank says it won't be paying customer-members' rebates this year following RBNZ move to halt bank dividends in response to economic fallout from the COVID-19 pandemic
Fitch downgrades big four banks' credit ratings
Fitch downgrades ANZ NZ, ASB, BNZ and Westpac NZ credit ratings by one notch alongside those of their Aussie parents and gives new ratings a negative outlook
8th Apr 20, 7:58am
by Gareth Vaughan
40
Fitch downgrades ANZ NZ, ASB, BNZ and Westpac NZ credit ratings by one notch alongside those of their Aussie parents and gives new ratings a negative outlook
'The scale of borrowers’ needs expected to be unprecedented'
During the COVID-19 pandemic consumer lenders will be acting responsibly when making reasonable decisions based on the best available information in the circumstances, ComCom says
6th Apr 20, 8:42am
by Gareth Vaughan
2
During the COVID-19 pandemic consumer lenders will be acting responsibly when making reasonable decisions based on the best available information in the circumstances, ComCom says
Deposit insurance to come at 'significant cost' to deposit takers
Government consultation paper probes the cost & size of deposit insurance fund needed in move from an 'uncertain implicit guarantee' to a 'managed explicit guarantee'
5th Apr 20, 6:02am
by Gareth Vaughan
87
Government consultation paper probes the cost & size of deposit insurance fund needed in move from an 'uncertain implicit guarantee' to a 'managed explicit guarantee'
COVID-19 lockdown Top 5 weekend special
Gareth Vaughan on the COVID-Anosmia Initiative, the non-politicians leading NZ's fight against COVID-19, Abenomasks, a new use for Indian railway carriages & a potential vaccine
4th Apr 20, 9:52am
by Gareth Vaughan
23
Gareth Vaughan on the COVID-Anosmia Initiative, the non-politicians leading NZ's fight against COVID-19, Abenomasks, a new use for Indian railway carriages & a potential vaccine
Govt's bank deposit insurance scheme not scheduled to take full effect until 2023
Much still to be finalised in government's development of a deposit insurance scheme, with proposal of products it will cover detailed in consultation paper
3rd Apr 20, 5:00am
by Gareth Vaughan
55
Much still to be finalised in government's development of a deposit insurance scheme, with proposal of products it will cover detailed in consultation paper
FE Investments placed in receivership
Finance company FE Investments in receivership with KordaMentha appointed receiver, problems began well before COVID-19
2nd Apr 20, 3:28pm
by Gareth Vaughan
32
Finance company FE Investments in receivership with KordaMentha appointed receiver, problems began well before COVID-19
COVID-19 lockdown Top 5 special
Gareth Vaughan on Dr Doom's coronavirus conference calls, bailing out the bailout, the Epidemic Response Committee gets down to business, Andorra's police go above and beyond, plus Africa & COVID-19
1st Apr 20, 11:54am
by Gareth Vaughan
15
Gareth Vaughan on Dr Doom's coronavirus conference calls, bailing out the bailout, the Epidemic Response Committee gets down to business, Andorra's police go above and beyond, plus Africa & COVID-19
Rabobank NZ makes RBNZ-enforced director changes
Rabobank NZ says ex-Fonterra boss Henry van der Heyden is standing down as its chairman 'due to regulatory changes', succeeded by Andy Borland
1st Apr 20, 9:34am
by Gareth Vaughan
Rabobank NZ says ex-Fonterra boss Henry van der Heyden is standing down as its chairman 'due to regulatory changes', succeeded by Andy Borland
Major NZ banks can absorb higher credit losses without risking their creditworthiness, S&P says
S&P Global Ratings says NZ's big four banks have substantial headroom as they buckle in for a COVID-19 driven increase in bad debts
1st Apr 20, 8:35am
by Gareth Vaughan
12
S&P Global Ratings says NZ's big four banks have substantial headroom as they buckle in for a COVID-19 driven increase in bad debts
ComCom preparing guidance on COVID-19 mortgage repayment deferrals
Commerce Commission looking at COVID-19 'mortgage holidays' through CCCFA lens, what RBNZ capital concession means & what about non-bank deposit takers?
31st Mar 20, 2:01pm
by Gareth Vaughan
6
Commerce Commission looking at COVID-19 'mortgage holidays' through CCCFA lens, what RBNZ capital concession means & what about non-bank deposit takers?
COVID-19 lockdown Top 5 special
Gareth Vaughan on the long-run economic consequences of pandemics, how the South Koreans & Germans are dealing with COVID-19, picking the bottom & don't try this at home
31st Mar 20, 11:41am
by Gareth Vaughan
13
Gareth Vaughan on the long-run economic consequences of pandemics, how the South Koreans & Germans are dealing with COVID-19, picking the bottom & don't try this at home
COVID-19 lockdown Top 5 weekend special
Gareth Vaughan on stress testing COVID-19, panic buying, Trump's Vietnam, the Fed's balance sheet topping US$5 trillion and the Coronavirus Rhapsody
28th Mar 20, 12:32pm
by Gareth Vaughan
64
Gareth Vaughan on stress testing COVID-19, panic buying, Trump's Vietnam, the Fed's balance sheet topping US$5 trillion and the Coronavirus Rhapsody
Visa, Mastercard, banks and NZ's retail payment systems, Part 3
In the third part of a series on NZ's retail payment systems, Gareth Vaughan looks at the complications of interchange & merchant service fees and finds a government minister still waving a regulatory stick
28th Mar 20, 10:32am
by Gareth Vaughan
5
In the third part of a series on NZ's retail payment systems, Gareth Vaughan looks at the complications of interchange & merchant service fees and finds a government minister still waving a regulatory stick