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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 8 months

Latest articles

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
ANZ cuts credit card, personal loan & overdraft interest rates
ANZ NZ cutting credit card, personal loan and overdraft interest rates from April 1, although some will rise almost all the way back to where they are now in July
27th Mar 20, 2:17pm
by Gareth Vaughan
15
ANZ NZ cutting credit card, personal loan and overdraft interest rates from April 1, although some will rise almost all the way back to where they are now in July
COVID-19 lock-down Top 5 special, part 2
Gareth Vaughan on Spain 10 days into lock-down, Sydneysiders' cocktails, shopaholics, Steve Keen's coronabonds and China's COVID-19 battle
25th Mar 20, 3:04pm
by Gareth Vaughan
3
Gareth Vaughan on Spain 10 days into lock-down, Sydneysiders' cocktails, shopaholics, Steve Keen's coronabonds and China's COVID-19 battle
New Zealand banks are now an extension of a socialist state
Gareth Vaughan looks at the strenuous efforts authorities are making to keep the debt/credit taps on, concluding the banking industry 'normal' may not be the same the other side of COVID-19
25th Mar 20, 10:38am
by Gareth Vaughan
119
Gareth Vaughan looks at the strenuous efforts authorities are making to keep the debt/credit taps on, concluding the banking industry 'normal' may not be the same the other side of COVID-19
Welcome to our COVID-19 lock-down Top 5
Gareth Vaughan on the Imperial College London paper, what the PM's chief science advisor says, angry Italian mayors, the EU's battle for relevancy and Hong Kong's second wave
24th Mar 20, 2:04pm
by Gareth Vaughan
27
Gareth Vaughan on the Imperial College London paper, what the PM's chief science advisor says, angry Italian mayors, the EU's battle for relevancy and Hong Kong's second wave
Visa, Mastercard, banks and NZ's retail payment systems, Part 2
In the second part of a series on NZ's retail payment systems, Gareth Vaughan looks at how New Zealand's regulatory oversight of retail payments is behind where Australia was at in 2001
22nd Mar 20, 8:40am
by Gareth Vaughan
1
In the second part of a series on NZ's retail payment systems, Gareth Vaughan looks at how New Zealand's regulatory oversight of retail payments is behind where Australia was at in 2001
Visa, Mastercard, banks and NZ's retail payment systems, Part 1
In the first part of a series on NZ's retail payment systems, Gareth Vaughan details the scale of key players Visa & Mastercard, looks at how & why they pay a miniscule amount of tax & how interchange works
21st Mar 20, 10:00am
by Gareth Vaughan
6
In the first part of a series on NZ's retail payment systems, Gareth Vaughan details the scale of key players Visa & Mastercard, looks at how & why they pay a miniscule amount of tax & how interchange works
Banks take $200 mln in first RBNZ auction to support liquidity
RBNZ takes steps to shore-up NZ financial markets, on top of Monday's OCR cut, as coronavirus crisis escalates. Bank economists anticipate RBNZ's next move will be buying Government bonds, or QE
20th Mar 20, 1:22pm
by Gareth Vaughan
41
RBNZ takes steps to shore-up NZ financial markets, on top of Monday's OCR cut, as coronavirus crisis escalates. Bank economists anticipate RBNZ's next move will be buying Government bonds, or QE
NZ Super Fund sheds 20% of value as coronavirus chaos sweeps financial markets
NZ Super Fund has lost $8.90 bln so far in 2020 and CEO warns it could get worse but reiterates the Fund is a long-term investor with no substantial withdrawals scheduled until the 2050s
20th Mar 20, 11:08am
by Gareth Vaughan
44
NZ Super Fund has lost $8.90 bln so far in 2020 and CEO warns it could get worse but reiterates the Fund is a long-term investor with no substantial withdrawals scheduled until the 2050s
RBA cuts cash rate, will buy govt securities & support bank lending
Reserve Bank of Australia cuts its cash rate, says it's prepared to buy federal government and state government securities, and is establishing a facility to offer three-year funding to ADIs
19th Mar 20, 4:47pm
by Gareth Vaughan
9
Reserve Bank of Australia cuts its cash rate, says it's prepared to buy federal government and state government securities, and is establishing a facility to offer three-year funding to ADIs
'Cash and other payments systems ready for COVID-19'
RBNZ says there's enough cash to 'meet demand under any circumstances' while banks and electronic payments systems are 'prepared, resilient, and will keep operating'
19th Mar 20, 3:50pm
by Gareth Vaughan
9
RBNZ says there's enough cash to 'meet demand under any circumstances' while banks and electronic payments systems are 'prepared, resilient, and will keep operating'
Heartland reiterates annual profit forecast
Heartland Group Holdings says home loan offering well received, sees overall lending growth continuing and is comfortable with its capital, liquidity and deposit reinvestment levels
18th Mar 20, 9:53am
by Gareth Vaughan
Heartland Group Holdings says home loan offering well received, sees overall lending growth continuing and is comfortable with its capital, liquidity and deposit reinvestment levels
Treasury details government debt increases to support COVID-19 package
Annual government bond programme increased by $3 billion and Treasury Bill issuance increasing $1 billion as government unveils coronavirus economic support package
17th Mar 20, 2:38pm
by Gareth Vaughan
1
Annual government bond programme increased by $3 billion and Treasury Bill issuance increasing $1 billion as government unveils coronavirus economic support package
Law firm predicts arrival in NZ of neobanks this year
Chapman Tripp outlines how 'neobanks' could enter the New Zealand market, potentially shaking up the local financial services sector
17th Mar 20, 9:50am
by Gareth Vaughan
Chapman Tripp outlines how 'neobanks' could enter the New Zealand market, potentially shaking up the local financial services sector
NZ Govt reports no new cases of coronavirus for 6th straight day as share market falls heavily
Survey suggests 18% of New Zealanders may have changed travel plans due to coronavirus and 69% are worried it will hit the economy over the next 6 to 12 months
13th Mar 20, 12:50pm
by Gareth Vaughan
33
Survey suggests 18% of New Zealanders may have changed travel plans due to coronavirus and 69% are worried it will hit the economy over the next 6 to 12 months
Will ANZ's latest attempt to sell UDC also fail?
After the Overseas Investment Office killed ANZ's UDC Finance sale in 2018, could financial markets turmoil do the same this year?
12th Mar 20, 8:00am
by Gareth Vaughan
After the Overseas Investment Office killed ANZ's UDC Finance sale in 2018, could financial markets turmoil do the same this year?
Governor Adrian Orr details how RBNZ will assess the impact of coronavirus
RBNZ Governor Adrian Orr reiterates next OCR review is scheduled for March 25 in speech on central bank's potential use of unconventional monetary policy tools
10th Mar 20, 2:56pm
by Gareth Vaughan
19
RBNZ Governor Adrian Orr reiterates next OCR review is scheduled for March 25 in speech on central bank's potential use of unconventional monetary policy tools
ANZ NZ CEO awaiting details of a potential coronavirus response working capital partnership between banks & Govt
ANZ NZ CEO Antonia Watson says some government working capital support in response to coronavirus outbreak might be useful, bank in a very good position from a liquidity and funding sense
10th Mar 20, 1:44pm
by Gareth Vaughan
19
ANZ NZ CEO Antonia Watson says some government working capital support in response to coronavirus outbreak might be useful, bank in a very good position from a liquidity and funding sense
Commerce Commission warns HSBC over failure to disclose interest rate increases
HSBC failure to disclose interest rate increase to borrowers affected 225 loans and 180 borrowers and sees bank warned and required to compensate borrowers about $7,000
10th Mar 20, 10:53am
by Gareth Vaughan
6
HSBC failure to disclose interest rate increase to borrowers affected 225 loans and 180 borrowers and sees bank warned and required to compensate borrowers about $7,000
'Banks ready to respond to the impacts of coronavirus', RBNZ & NZBA say
Reserve Bank and bank lobby group issue joint statement saying New Zealand banks are ready to respond to the impacts of coronavirus, tell financially affected customers to contact their banks
9th Mar 20, 4:52pm
by Gareth Vaughan
15
Reserve Bank and bank lobby group issue joint statement saying New Zealand banks are ready to respond to the impacts of coronavirus, tell financially affected customers to contact their banks