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 8 months

Latest articles

'People have started to get the confidence to borrow again'

ANZ NZ CEO Antonia Watson says NZ has an incredible opportunity and there's nowhere else in the world she'd rather be, sees opportunity to make tourism more sustainable

19th May 20, 9:44am

by Gareth Vaughan

ANZ NZ CEO Antonia Watson says NZ has an incredible opportunity and there's nowhere else in the world she'd rather be, sees opportunity to make tourism more sustainable

Top 5 COVID-19 Alert Level 2 special: Bad loans, hotels, cyber-crime, anti-vaxxers & neo-liberalism

Gareth Vaughan on big banks' loan impairments, hotels for a post-COVID-19 world, a business opportunity for criminals, the anti-vaxxer threat to a COVID-19 vaccine & the end of neo-liberalism

18th May 20, 11:56am

by Gareth Vaughan

Gareth Vaughan on big banks' loan impairments, hotels for a post-COVID-19 world, a business opportunity for criminals, the anti-vaxxer threat to a COVID-19 vaccine & the end of neo-liberalism

COVID-19 and 'changing what we are doing to gift our kids a future'

Mechanical engineering professor Susan Krumdieck says the COVID-19 crisis shows the assumptions behind how we were living our lives can be questioned

17th May 20, 6:31am

by Gareth Vaughan

Mechanical engineering professor Susan Krumdieck says the COVID-19 crisis shows the assumptions behind how we were living our lives can be questioned

S&P expects economy to recover faster than Budget assumes, with potential for more money to be spent

S&P says its positive outlook on NZ's credit ratings are supported by the expectation deficits may not peak as high, or be big for as long as the Budget suggests

14th May 20, 3:33pm

by Gareth Vaughan

S&P says its positive outlook on NZ's credit ratings are supported by the expectation deficits may not peak as high, or be big for as long as the Budget suggests

Government to provide 'protection and assistance' to strategic tourism assets

Budget includes $400 million Tourism Recovery Fund to help keep the lights on in the hard hit industry and begin tough recovery

14th May 20, 3:07pm

by Gareth Vaughan

Budget includes $400 million Tourism Recovery Fund to help keep the lights on in the hard hit industry and begin tough recovery

'The forces that will bring about inflation are aligning'

Morgan Stanley argues the Covid-19 crisis is ushering in 'a regime shift' to an inflationary world with the key structural 'disinflationary' forces of the past 30 years being disrupted

14th May 20, 11:04am

by Gareth Vaughan

Morgan Stanley argues the Covid-19 crisis is ushering in 'a regime shift' to an inflationary world with the key structural 'disinflationary' forces of the past 30 years being disrupted

ASB CEO Vittoria Shortt says Covid-19 crisis is a crisis of confidence

ASB's CEO Vittoria Shortt says Covid-19 pandemic has caused a crisis of confidence with the tough decisions yet to come as parent CBA steps up loan loss provisions

14th May 20, 8:31am

by Gareth Vaughan

ASB's CEO Vittoria Shortt says Covid-19 pandemic has caused a crisis of confidence with the tough decisions yet to come as parent CBA steps up loan loss provisions

Top 5 COVID-19 Alert Level 3 special

Gareth Vaughan on the impact of pandemics and public health responses on the economy, enfeebled great powers, 'a virus got me,' printing your way out of a debt crisis & a $113 million mistake

12th May 20, 10:00am

by Gareth Vaughan

Gareth Vaughan on the impact of pandemics and public health responses on the economy, enfeebled great powers, 'a virus got me,' printing your way out of a debt crisis & a $113 million mistake

Banks advised to 'urgently address model failures' exposed by COVID-19 crisis

Management consultancy McKinsey & Co says the COVID-19 pandemic has revealed unexpected flaws in banks' business models which they must urgently address

12th May 20, 8:06am

by Gareth Vaughan

Management consultancy McKinsey & Co says the COVID-19 pandemic has revealed unexpected flaws in banks' business models which they must urgently address

RIP activity-based working and hot desking, at least for now

Staff returning to work at the big banks under Alert Level 2 in a social distancing world will no longer be activity-based working or hot desking

11th May 20, 8:48am

by Gareth Vaughan

Staff returning to work at the big banks under Alert Level 2 in a social distancing world will no longer be activity-based working or hot desking

Top 5 Alert Level 3 special

Gareth Vaughan on land-based cruise ships, a one-two punch for the world's energy capital, Romania's million-mask mess, possible pandemic wave scenarios, Taiwan's lessons from the past

9th May 20, 10:30am

by Gareth Vaughan

Gareth Vaughan on land-based cruise ships, a one-two punch for the world's energy capital, Romania's million-mask mess, possible pandemic wave scenarios, Taiwan's lessons from the past

Equifax details extent of fall in consumer & commercial credit demand during Level 4

Consumer credit demand fell by up to 71% and commercial credit demand dropped by up to 63% during the Covid-19 Alert Level 4 lockdown, credit bureau Equifax says

7th May 20, 12:14pm

by Gareth Vaughan

Consumer credit demand fell by up to 71% and commercial credit demand dropped by up to 63% during the Covid-19 Alert Level 4 lockdown, credit bureau Equifax says

S&P lowers outlook on Kiwibank credit rating on digital strategy concerns

S&P lowers outlook on Kiwibank's 'A' credit rating to stable from positive citing uncertainty about the bank's digital strategy caused by the COVID-19 pandemic

7th May 20, 8:36am

by Gareth Vaughan

S&P lowers outlook on Kiwibank's 'A' credit rating to stable from positive citing uncertainty about the bank's digital strategy caused by the COVID-19 pandemic

NZ Super Fund still keen on Auckland light rail project

CEO Matt Whineray says NZ Super Fund still keen on Auckland light rail project; also interested in climate adaption projects & expects government contributions to continue

6th May 20, 6:21pm

by Gareth Vaughan

CEO Matt Whineray says NZ Super Fund still keen on Auckland light rail project; also interested in climate adaption projects & expects government contributions to continue

National would offer GST cash refunds to small businesses

Simon Bridges says if in government the National Party would offer GST cash refunds to small businesses left 'shouldering a disproportionate amount' of the Covid-19 economic burden

5th May 20, 1:32pm

by Gareth Vaughan

Simon Bridges says if in government the National Party would offer GST cash refunds to small businesses left 'shouldering a disproportionate amount' of the Covid-19 economic burden

Alert Level 3 Covid-19 Top 5 special

Gareth Vaughan on more globalisation as a solution for globalisation, why the pandemic isn't a black swan event, too many alpha men, China swoops into a vacuum & a pawpaw tests positive for Covid-19

5th May 20, 12:39pm

by Gareth Vaughan

Gareth Vaughan on more globalisation as a solution for globalisation, why the pandemic isn't a black swan event, too many alpha men, China swoops into a vacuum & a pawpaw tests positive for Covid-19

Major Westpac NZ corporate loan provisions 'don't relate to COVID-19'

Westpac NZ takes 'conservative' position on loan provisioning in uncertain COVID-19 dominated world, chief financial officer Ian Hankins says

5th May 20, 7:45am

by Gareth Vaughan

Westpac NZ takes 'conservative' position on loan provisioning in uncertain COVID-19 dominated world, chief financial officer Ian Hankins says

Westpac NZ interim profit down 44%, parent defers dividend & highlights '1 large NZ corporate provision'

Westpac NZ half-year net profit tumbles as loan impairments and expenses rise and income falls

4th May 20, 10:32am

by Gareth Vaughan

Westpac NZ half-year net profit tumbles as loan impairments and expenses rise and income falls

Funding the COVID-19 recovery in the cheapest & quickest way possible

Raf Manji on the lessons from Christchurch for a COVID-19 world, and a lesson from Japan pointing the way to fixing local government funding and building infrastructure

3rd May 20, 6:31am

by Gareth Vaughan

Raf Manji on the lessons from Christchurch for a COVID-19 world, and a lesson from Japan pointing the way to fixing local government funding and building infrastructure

ANZ NZ boss says country needs to 'stay the course' in COVID-19 battle

ANZ NZ Antonia Watson on creating an ANZAC bubble, the Government's Business Finance Guarantee Scheme, loan provisioning and potential UDC sale

1st May 20, 7:35am

by Gareth Vaughan

ANZ NZ Antonia Watson on creating an ANZAC bubble, the Government's Business Finance Guarantee Scheme, loan provisioning and potential UDC sale

ANZ NZ interim profit down 15% as Aussie parent defers dividend

ANZ NZ CEO Antonia Watson sees potential for quicker economic recovery than many other countries as bank posts fall in interim profit with loan impairments & expenses rising

30th Apr 20, 10:25am

by Gareth Vaughan

ANZ NZ CEO Antonia Watson sees potential for quicker economic recovery than many other countries as bank posts fall in interim profit with loan impairments & expenses rising

Extended Top 5 Alert Level 3 COVID-19 special

Gareth Vaughan on tackling COVID-19 which may keep returning, Sicily's tourism plan, Dr Doom's greater depression, a busy airport, underestimating the death toll & buying coffee whilst social distancing

30th Apr 20, 9:00am

by Gareth Vaughan

Investing in a changing world

Frank Jasper of Fisher Funds says the COVID-19 pandemic has shown investors need to be prepared to put money into businesses to bolster their robustness

29th Apr 20, 4:41pm

by Gareth Vaughan

Frank Jasper of Fisher Funds says the COVID-19 pandemic has shown investors need to be prepared to put money into businesses to bolster their robustness

BNZ tops up loan provisioning by $108 mln as interim profit drops

BNZ says it has provided home loan support to 21k home loan customers & 17k business customers due to COVID-19; Sees economy contracting by about 9% in 2020 as unemployment pushes 10% and house prices drop by about 10%.

28th Apr 20, 9:59am

by Gareth Vaughan

BNZ's parent NAB gives flavour of COVID-19's impact on banks, their shareholders & bad debts

BNZ's parent National Australia Bank gives early demonstration of credit loss expectations in a COVID-19 world as its profit tumbles, dividend's cut and A$3.5b equity raise is detailed

27th Apr 20, 5:00pm

by Gareth Vaughan

BNZ's parent National Australia Bank gives early demonstration of credit loss expectations in a COVID-19 world as its profit tumbles, dividend's cut and A$3.5b equity raise is detailed