sign up log in
Want to go ad-free? Find out how, here.

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

16 years 6 months

Latest articles

A composite image of someone's hand holding a card during a contactless payment and someone's hand holding New Zealand money.
Business lobby groups propose 'fair, workable solution' to government's planned surcharge ban
[updated]
Eleventh hour attempt by business groups to convince government not to ban surcharging, suggest capping them instead
by Gareth Vaughan
3
Eleventh hour attempt by business groups to convince government not to ban surcharging, suggest capping them instead
fees
Co-operative Bank penalty for unreasonable fees to be determined by High Court
Commerce Commission and Co-operative Bank reach settlement over unreasonable fees self reported by the bank
by Gareth Vaughan
Commerce Commission and Co-operative Bank reach settlement over unreasonable fees self reported by the bank
info
Banks now allowed to share anti-money laundering information to help fight fraud & scams
[updated]
Associate Justice Minister Nicole McKee hails move to broaden banks' ability to share information to combat fraudsters and scammers
by Gareth Vaughan
1
Associate Justice Minister Nicole McKee hails move to broaden banks' ability to share information to combat fraudsters and scammers
S&P Global Ratings
S&P sees major NZ banks maintaining RoE 'without undue risk'
S&P Global Ratings sees steady times ahead for New Zealand's major banks
by Gareth Vaughan
S&P Global Ratings sees steady times ahead for New Zealand's major banks
euros
BNZ borrows €500 million via medium-term notes issue
BNZ issues five-year notes to be listed on the Luxembourg Stock Exchange
by Gareth Vaughan
BNZ issues five-year notes to be listed on the Luxembourg Stock Exchange
suasion
Is moral suasion the pathway to changing bank behaviour?
The Government's to rely on moral suasion to force some key changes on banks. Gareth Vaughan asks whether this will work
by Gareth Vaughan
6
The Government's to rely on moral suasion to force some key changes on banks. Gareth Vaughan asks whether this will work
audit
Class action exposure 'key audit matter' for ASB's auditor but not ANZ NZ's auditor
ANZ NZ has 'a lot less exposure than ASB' to class action case, CEO Antonia Watson says
by Gareth Vaughan
ANZ NZ has 'a lot less exposure than ASB' to class action case, CEO Antonia Watson says
Westpac brand
Westpac NZ borrows NZ$1 bln via five-year bond issue
Westpac NZ borrows NZ$1 billion at just under 3.9% per annum
by Gareth Vaughan
2
Westpac NZ borrows NZ$1 billion at just under 3.9% per annum
Aussie
ANZ NZ capital proposal 'still has conservatism for NZ compared to APRA'
CEO Antonia Watson says it 'makes so much sense for productivity, not just in banking,' to align NZ with Australia
by Gareth Vaughan
CEO Antonia Watson says it 'makes so much sense for productivity, not just in banking,' to align NZ with Australia
ANZ sign
Record annual profit for ANZ NZ; CEO says 'stage set' for economic recovery
[updated]
ANZ NZ annual profit rises 21% boosted by hedging gains, impairment write-backs and a higher net interest margin
by Gareth Vaughan
6
ANZ NZ annual profit rises 21% boosted by hedging gains, impairment write-backs and a higher net interest margin
fee free
Open banking investments 'more challenging' without being able to charge fees, BNZ CEO says
CEO Dan Huggins says BNZ has no further plans 'period' for acquisitions to bolster its open banking position
by Gareth Vaughan
CEO Dan Huggins says BNZ has no further plans 'period' for acquisitions to bolster its open banking position
BNZ sign
BNZ annual profit slips; says lower interest rates enabling customers to pay down loans faster
[updated]
BNZ September-year profit down as revenue falls. CEO says customers making most of falling interest rate environment by paying loans down faster
by Gareth Vaughan
BNZ September-year profit down as revenue falls. CEO says customers making most of falling interest rate environment by paying loans down faster
cows
Non-performing agriculture loans near 16-year low
Benefiting from strong prices, farmers are paying down debt and splashing out on maintenance, the Reserve Bank says
by Gareth Vaughan
1
Benefiting from strong prices, farmers are paying down debt and splashing out on maintenance, the Reserve Bank says
2026
Competition likely to render reduced bank capital requirements immaterial for profits, Westpac NZ CEO says
Westpac NZ CEO Catherine McGrath 'ever hopeful' capital requirements will reduce, reflects on customers' 'really prudent behaviour'
by Gareth Vaughan
Westpac NZ CEO Catherine McGrath 'ever hopeful' capital requirements will reduce, reflects on customers' 'really prudent behaviour'
Westpac HQ exterior
Westpac NZ says average home loan customer has $12k 'buffer'
[updated]
Westpac New Zealand annual profit falls as expenses rise. Net interest margin increases 15 basis points
by Gareth Vaughan
11
Westpac New Zealand annual profit falls as expenses rise. Net interest margin increases 15 basis points
Emerge
Fintech Emerge launches personal banking services
Emerge pushes into personal banking services with Mastercard's help as it moves towards 'aspiration' of becoming a bank
by Gareth Vaughan
Emerge pushes into personal banking services with Mastercard's help as it moves towards 'aspiration' of becoming a bank
bank
What to expect from ANZ, NAB & Westpac's annual results
Technology overhaul, margins and noise in focus in big bank reporting season
by Gareth Vaughan
Technology overhaul, margins and noise in focus in big bank reporting season
Beehive money swirl
Follow the money
Government advised to broaden the legal definition of money laundering as part of 'significant shift in NZ’s approach to financial crime'
by Gareth Vaughan
5
Government advised to broaden the legal definition of money laundering as part of 'significant shift in NZ’s approach to financial crime'
bank_bosses
'We don't make decisions based on wokeness'
CEO Dan Huggins says BNZ pulling back on lending to petrol stations is risk management, because he doesn't believe they'll all survive and doesn't know which ones will
by Gareth Vaughan
CEO Dan Huggins says BNZ pulling back on lending to petrol stations is risk management, because he doesn't believe they'll all survive and doesn't know which ones will
court
ANZ NZ 'looks forward' to having class action decided in court after select committee setback
Parliamentary select committee decides against disrupting class action against ANZ and ASB with retrospective law change
by Gareth Vaughan
1
Parliamentary select committee decides against disrupting class action against ANZ and ASB with retrospective law change
Kiwibank brand image
Will Kiwibank's $500m capital raise impact its credit ratings?
[updated]
Fitch's Tim Roche says Kiwibank capital raise unlikely to see credit rating downgrade but IPO probably would
by Gareth Vaughan
1
Fitch's Tim Roche says Kiwibank capital raise unlikely to see credit rating downgrade but IPO probably would
Could RBNZ capital review result in credit rating upgrades?
Fitch outlines scenario where RBNZ capital review could see big 4 banks' credit ratings upgraded
by Gareth Vaughan
Fitch outlines scenario where RBNZ capital review could see big 4 banks' credit ratings upgraded
kpmg
RIP KPMG's FIPS
KPMG ending annual Banking Financial Institutions Performance Survey after 38 years
by Gareth Vaughan
KPMG ending annual Banking Financial Institutions Performance Survey after 38 years
Nuno Matos, ANZ CEO
Status quo in RBNZ bank capital review would be 'the worst possible outcome'
ANZ Group CEO Nuno Matos says ANZ NZ investment to increase in 2026 'because they have their basics right and can run faster right now'
by Gareth Vaughan
ANZ Group CEO Nuno Matos says ANZ NZ investment to increase in 2026 'because they have their basics right and can run faster right now'
ASB sign
ASB to pay $135.6m to settle class action, ANZ fighting on
[updated]
ASB to cough up $135.6 million to settle class action relating to home and personal loans between 2015 and 2019
by Gareth Vaughan
6
ASB to cough up $135.6 million to settle class action relating to home and personal loans between 2015 and 2019