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. Over recent years he has received awards in the EY Business Journalism Awards, Canon Media Awards, and Shareholders' Association Business Journalism Awards.

Member for

14 years 1 month

Latest articles

Clock ticking if Labour's proposed Business Growth Fund is to go ahead before the election

Govt's proposed Business Growth Fund partnership with banks to invest in SMEs idling in the slow lane

16th Aug 23, 5:00am

by Gareth Vaughan

Govt's proposed Business Growth Fund partnership with banks to invest in SMEs idling in the slow lane

NZ's key rural lenders have all signed up to reduce their financed dairy farming emissions

[updated]

With BNZ having a target to reduce its financed dairy farming emissions through membership of the UN-convened Net Zero Banking Alliance, where are other key NZ rural lenders at?

15th Aug 23, 5:00am

by Gareth Vaughan

With BNZ having a target to reduce its financed dairy farming emissions through membership of the UN-convened Net Zero Banking Alliance, where are other key NZ rural lenders at?

It may seem underwhelming, but the significance of a banking competition market study shouldn't be underestimated

Commerce Commission's preliminary issues paper for its banking market study suggests evolutionary rather than revolutionary change

11th Aug 23, 10:41am

by Gareth Vaughan

Commerce Commission's preliminary issues paper for its banking market study suggests evolutionary rather than revolutionary change

Past due & impaired loans on the rise at ASB as Aussie parent CBA highlights NZ mortgage impairments

ASB CEO Vittoria Shortt highlights 200 struggling mortgage borrowers as loan impairments & provisions rise

10th Aug 23, 10:09am

by Gareth Vaughan

ASB CEO Vittoria Shortt highlights 200 struggling mortgage borrowers as loan impairments & provisions rise

ASB posts record annual profit, has 'proactively contacted' thousands of refixing home loan borrowers

[updated]

ASB June-year profit reaches $1.559 billion as net interest margin rises

9th Aug 23, 10:59am

by Gareth Vaughan

ASB June-year profit reaches $1.559 billion as net interest margin rises

Buy now pay later loans to be brought under CCCFA but exempt from affordability & suitability assessments

Commerce & Consumer Affairs Minister Duncan Webb pledges CCCFA review, exemptions for certain types of lending

8th Aug 23, 7:17pm

by Gareth Vaughan

Commerce & Consumer Affairs Minister Duncan Webb pledges CCCFA review, exemptions for certain types of lending

RBNZ describes results as reassuring after stress testing life insurers for first time

[updated]

Five life insurers participating in first RBNZ stress test of their sector all able to remain solvent

8th Aug 23, 12:49pm

by Gareth Vaughan

Five life insurers participating in first RBNZ stress test of their sector all able to remain solvent

BNZ's Rebekah Cain on why banks matter in the push to decarbonise the economy

Chief Sustainability Officer Rebekah Cain explains why BNZ joined the Net-Zero Banking Alliance and what it aims to achieve by being a member

5th Aug 23, 10:45am

by Gareth Vaughan

Chief Sustainability Officer Rebekah Cain explains why BNZ joined the Net-Zero Banking Alliance and what it aims to achieve by being a member

Treasury suggests deposit insurance fund of up to $1.4b built up over up to 20 years

Will levies to fund the incoming deposit insurance regime hit deposit takers' bottom lines, cost depositors, or both?

2nd Aug 23, 10:03am

by Gareth Vaughan

Will levies to fund the incoming deposit insurance regime hit deposit takers' bottom lines, cost depositors, or both?

RBA holds cash rate at 4.10%

Reserve Bank of Australia leaves cash rate unchanged, wants more time to assess the impact of its previous increases

1st Aug 23, 4:36pm

by Gareth Vaughan

Reserve Bank of Australia leaves cash rate unchanged, wants more time to assess the impact of its previous increases

Kiwibank gets $225mln capital injection

New Crown-owned Kiwibank parent company injects $225m into the bank from the proceeds of the sale of Kiwi Wealth

1st Aug 23, 9:45am

by Gareth Vaughan

New Crown-owned Kiwibank parent company injects $225m into the bank from the proceeds of the sale of Kiwi Wealth

Payments NZ facing Commerce Commission regulation

Commerce Commission looks to expand its retail payments regulatory net to include bill payments, automatic payments & direct debits

1st Aug 23, 9:20am

by Gareth Vaughan

Commerce Commission looks to expand its retail payments regulatory net to include bill payments, automatic payments & direct debits

ComCom eyes regulation to boost options for making in-person payments directly between bank accounts

[updated]

Commerce Commission says regulating bank transfers could level playing field for new entrants to offer services for making in-person bank transfers

31st Jul 23, 10:43am

by Gareth Vaughan

Commerce Commission says regulating bank transfers could level playing field for new entrants to offer services for making in-person bank transfers

Podcast: Nathan Lewis on what's behind a potential BRICS gold-backed currency system & how it might work

How and why the so-called BRICS countries may develop a currency system independent of the US & what it might mean for NZ

29th Jul 23, 10:13am

by Gareth Vaughan

How and why the so-called BRICS countries may develop a currency system independent of the US & what it might mean for NZ

Banks' average six-month & one-year term deposit rates top five-year rates

As with mortgage rates, short-term deposit rates are higher than five-year deposit rates for the first time since the Global Financial Crisis

27th Jul 23, 12:32pm

by Gareth Vaughan

As with mortgage rates, short-term deposit rates are higher than five-year deposit rates for the first time since the Global Financial Crisis

Why are five year mortgage rates lower than one and two year rates?

What does five year mortgage rates being lower than one and two year rates mean?

25th Jul 23, 11:15am

by Gareth Vaughan

What does five year mortgage rates being lower than one and two year rates mean?

Customers carrying 'pretty much all the risk' in fight against scams & 'banks must do better,' Consumer NZ says

Consumer NZ wants NZ banks to match what their Aussie & UK counterparts do to help fight 'NZ's financial cybercrime avalanche'

25th Jul 23, 7:02am

by Gareth Vaughan

Consumer NZ wants NZ banks to match what their Aussie & UK counterparts do to help fight 'NZ's financial cybercrime avalanche'

Any NZ central bank digital currency still years away

The Reserve Bank's four steps towards the potential introduction of a central bank digital currency

24th Jul 23, 11:07am

by Gareth Vaughan

The Reserve Bank's four steps towards the potential introduction of a central bank digital currency

AI researcher Michael Timothy Bennett on why AI will be like a series of black swan events

AI is more a continuation of the industrial revolution than the Terminator film, says AI researcher Michael Timothy Bennett

20th Jul 23, 1:41pm

by Gareth Vaughan

AI is more a continuation of the industrial revolution than the Terminator film, says AI researcher Michael Timothy Bennett

How the Government might raise hundreds of millions of dollars from the big 4 banks following 'windfall or supernormal' profits

Why Treasury told the Government it could, but shouldn't, grab a slice of big bank profits via a levy or tax top-up

18th Jul 23, 9:00am

by Gareth Vaughan

Why Treasury told the Government it could, but shouldn't, grab a slice of big bank profits via a levy or tax top-up

ANZ's Richard Yetsenga on where central banks' inflation war is at

ANZ Group Chief Economist Richard Yetsenga sees progress in the inflation war, but climate challenges ahead

15th Jul 23, 9:21am

by Gareth Vaughan

ANZ Group Chief Economist Richard Yetsenga sees progress in the inflation war, but climate challenges ahead

To what extent does regulation limit competition for personal banking services?

As the Commerce Commission's banking market study gets underway, Gareth Vaughan looks at the impact of regulation on competition

14th Jul 23, 8:32am

by Gareth Vaughan

As the Commerce Commission's banking market study gets underway, Gareth Vaughan looks at the impact of regulation on competition

Small business owners 'walking a tightrope every day'

Xero small business survey shows many owners not paying themselves to help keep the lights on

12th Jul 23, 10:26am

by Gareth Vaughan

Xero small business survey shows many owners not paying themselves to help keep the lights on

Hannah Miller on the rise and fall of spellcaster Sam Bankman-Fried

Bloomberg's Hannah Miller details the life and times of Sam Bankman-Fried and his collapsed crypto exchange FTX

8th Jul 23, 9:21am

by Gareth Vaughan

Bloomberg's Hannah Miller details the life and times of Sam Bankman-Fried and his collapsed crypto exchange FTX

'Years of work' needed for Kiwibank to be able to be the Government's main banker

Treasury outlines what Kiwibank would need to do to bid to replace Westpac NZ as the Government's core banking provider

7th Jul 23, 1:22pm

by Gareth Vaughan

Treasury outlines what Kiwibank would need to do to bid to replace Westpac NZ as the Government's core banking provider