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 1 month

Latest articles

Settlement accounts 'a major competitive advantage' for banks, as ComCom sets date for market study report release

Banks may have profited by $2b on customer call accounts through RBNZ using settlement accounts for its LSAP programme, consultant tells Commerce Commission

17th Feb 24, 9:40am

by Gareth Vaughan

Banks may have profited by $2b on customer call accounts through RBNZ using settlement accounts for its LSAP programme, consultant tells Commerce Commission

'We saw periods where the margin got to zero on home loans,' ASB's Vittoria Shortt says

[updated]

ASB CEO Vittoria Shortt says bank's lending contraction evidence of an unusual, challenging time

15th Feb 24, 5:17pm

by Gareth Vaughan

ASB CEO Vittoria Shortt says bank's lending contraction evidence of an unusual, challenging time

Business Growth Fund parked on the sidelines

Proposed Business Growth Fund through which government & banks would make equity investments in SMEs no closer after change of government

15th Feb 24, 5:00am

by Gareth Vaughan

Proposed Business Growth Fund through which government & banks would make equity investments in SMEs no closer after change of government

ASB interim profit drops from record high, dividend doubles

[updated]

Falling net interest margin and rising costs push ASB half-year profit lower

14th Feb 24, 10:29am

by Gareth Vaughan

Falling net interest margin and rising costs push ASB half-year profit lower

Profits 'have essentially turned into a leading indicator of inflation'

Profits have replaced labour costs as a leading indicator of inflation, Bank for International Settlements working paper says

13th Feb 24, 4:30pm

by Gareth Vaughan

Profits have replaced labour costs as a leading indicator of inflation, Bank for International Settlements working paper says

Update to goods & services measured in Statistics NZ's Consumers Price Index unfunded & delayed

New Statistics Minister Andrew Bayly 'engaging with officials' as Statistics NZ runs behind on CPI review during cost of living crisis due to cost pressures

10th Feb 24, 9:10am

by Gareth Vaughan

New Statistics Minister Andrew Bayly 'engaging with officials' as Statistics NZ runs behind on CPI review during cost of living crisis due to cost pressures

RBNZ outlines key areas it wants money for in funding deal with coalition government

On the heels of a significant increase in its funding, the Reserve Bank outlines its funding wish list for coming years

8th Feb 24, 2:16pm

by Gareth Vaughan

On the heels of a significant increase in its funding, the Reserve Bank outlines its funding wish list for coming years

Is the Reserve Bank in danger of being caught between a rock and a hard place?

With the Reserve Bank having little choice but to dig its toes in to fight non-tradeable inflation, Gareth Vaughan hopes the Government has an open mind to providing long-term support

8th Feb 24, 5:00am

by Gareth Vaughan

With the Reserve Bank having little choice but to dig its toes in to fight non-tradeable inflation, Gareth Vaughan hopes the Government has an open mind to providing long-term support

Geoff Cooper on changing the perceptions of infrastructure planning to dynamic from bureaucratic

The NZ Infrastructure Commission's Geoff Cooper outlines how thinking slowly and acting fast could improve NZ's infrastructure

3rd Feb 24, 9:31am

by Gareth Vaughan

The NZ Infrastructure Commission's Geoff Cooper outlines how thinking slowly and acting fast could improve NZ's infrastructure

Coalition government to reform, rather than scrap, conduct of financial institutions regime

Commerce and Consumer Affairs Minister Andrew Bayly says FMA to take over CCCFA oversight from ComCom

31st Jan 24, 9:32am

by Gareth Vaughan

Commerce and Consumer Affairs Minister Andrew Bayly says FMA to take over CCCFA oversight from ComCom

'Highly unlikely' monetary policy can get domestic inflation 'anywhere near' 2% in the foreseeable future

BNZ's Stephen Toplis suggests rather than being 'fixated' on non-tradeable inflation, the RBNZ may need to be be 'less dogmatic' about getting inflation down to the 2% midpoint of its target band

30th Jan 24, 12:53pm

by Gareth Vaughan

BNZ's Stephen Toplis suggests rather than being 'fixated' on non-tradeable inflation, the RBNZ may need to be be 'less dogmatic' about getting inflation down to the 2% midpoint of its target band

Jarrod Kerr on why the RBNZ should move away from its 'overly hawkish commentary'

Kiwibank's Jarrod Kerr on the war on inflation including how much the RBNZ can influence non-tradeable inflation, and whether its mandate may need changing

26th Jan 24, 10:01am

by Gareth Vaughan

Kiwibank's Jarrod Kerr on the war on inflation including how much the RBNZ can influence non-tradeable inflation, and whether its mandate may need changing

RBNZ details proposed introduction of debt-to-income restrictions on bank mortgage lending

[updated]

RBNZ wants to loosen loan-to-value ratio restrictions and introduce debt-to-income restrictions on banks' home lending

23rd Jan 24, 10:19am

by Gareth Vaughan

156

RBNZ wants to loosen loan-to-value ratio restrictions and introduce debt-to-income restrictions on banks' home lending

Former ANZ executive Fred Ohlsson joins Avanti Finance as CEO

Avanti Finance Chairman Glenn Hawkins wants new CEO Fred Ohlsson to 'bring our growth strategy to life'

23rd Jan 24, 7:20am

by Gareth Vaughan

Avanti Finance Chairman Glenn Hawkins wants new CEO Fred Ohlsson to 'bring our growth strategy to life'

ASB economists bring their forecast for first OCR cut forward by six months

Economists from ASB say momentum in the economy is grinding to a halt, meaning the Reserve Bank can cut the OCR sooner than they thought

20th Dec 23, 9:51am

by Gareth Vaughan

Economists from ASB say momentum in the economy is grinding to a halt, meaning the Reserve Bank can cut the OCR sooner than they thought

Banks progressing anti-scam initiatives, lobby group NZBA says

NZ banks promise more details on implementation of a confirmation of payee service in April

20th Dec 23, 9:14am

by Gareth Vaughan

NZ banks promise more details on implementation of a confirmation of payee service in April

Podcast: Rod Oram on the key test ahead now COP28 has agreed to a transition away from fossil fuels

Newsroom's Rod Oram on the 'deeply, deeply, deeply fascinating experience' of being on the ground at COP28 for the UAE consensus

19th Dec 23, 9:25am

by Gareth Vaughan

Newsroom's Rod Oram on the 'deeply, deeply, deeply fascinating experience' of being on the ground at COP28 for the UAE consensus

Podcast: Stephen Toplis on why the worst of the economic downturn is still to come

BNZ Head of Research Stephen Toplis on the NZ economy 'bouncing along the bottom' and what to expect in 2024

17th Dec 23, 7:00am

by Gareth Vaughan

129

BNZ Head of Research Stephen Toplis on the NZ economy 'bouncing along the bottom' and what to expect in 2024

RBNZ slaps Citibank NZ with a formal anti-money laundering warning

[updated]

Citibank NZ cops a formal Reserve Bank warning under the AML/CFT Act over 64,000 international wire transfers

14th Dec 23, 11:50am

by Gareth Vaughan

Citibank NZ cops a formal Reserve Bank warning under the AML/CFT Act over 64,000 international wire transfers

'Sticky non-tradeables inflation looks set to seriously test the RBNZ's patience'

Overall inflation direction encouraging but bank economists cautious about stubborn non-tradeable inflation

14th Dec 23, 7:40am

by Gareth Vaughan

Overall inflation direction encouraging but bank economists cautious about stubborn non-tradeable inflation

What impact will the new government have on house prices?

Mortgage brokers expect new government to have a positive impact on the housing market

13th Dec 23, 9:20am

by Gareth Vaughan

Mortgage brokers expect new government to have a positive impact on the housing market

Non-bank lenders hit with 93% increase in annual funding costs

KPMG's annual survey of non-bank lenders shows the impact of rising funding costs

13th Dec 23, 7:42am

by Gareth Vaughan

KPMG's annual survey of non-bank lenders shows the impact of rising funding costs

Nearly three-quarters of customers borrow close to their maximum capacity, mortgage brokers say

Mortgage brokers on customers' borrowing capacity, refinancing with new lenders and more

12th Dec 23, 9:15am

by Gareth Vaughan

Mortgage brokers on customers' borrowing capacity, refinancing with new lenders and more

The Comyn effect hits ASB's housing lending

Which banks are the most & least competitive with mortgage interest rates & offers?

11th Dec 23, 9:35am

by Gareth Vaughan

Which banks are the most & least competitive with mortgage interest rates & offers?

NZ's major banks now ready to cut the apron strings to their Aussie parents, should they ever need to

A more hands-on Reserve Bank pleased the big 4 banks are ready for any crisis where their shareholders' interests might differ from NZ Inc's

11th Dec 23, 5:00am

by Gareth Vaughan

A more hands-on Reserve Bank pleased the big 4 banks are ready for any crisis where their shareholders' interests might differ from NZ Inc's