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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 3 months

Latest articles

deposits
Launch date for Depositor Compensation Scheme pushed back again
RBNZ expects some deposit rate convergence across different types of deposit takers once compensation scheme launches
12th Mar 24, 3:02pm
by Gareth Vaughan
35
RBNZ expects some deposit rate convergence across different types of deposit takers once compensation scheme launches
podcast
The Of Interest Podcast: We seek your feedback
Tell us what you think as we seek feedback on our Of Interest Podcast
9th Mar 24, 9:00am
by Gareth Vaughan
5
Tell us what you think as we seek feedback on our Of Interest Podcast
coffee
Top 5: ANZ & that OCR call, the QE theory of everything, living in the most polluted place on earth & more
Gareth Vaughan on ANZ NZ's erroneous OCR call, a $30t gamble that changed the world, tackling surcharging & more
5th Mar 24, 10:06am
by Gareth Vaughan
23
Gareth Vaughan on ANZ NZ's erroneous OCR call, a $30t gamble that changed the world, tackling surcharging & more
hangover
Podcast: David Mahon on China's post-Covid hangover, NZ flirting with joining AUKUS & more
Patience required as China's economy, like much of the world, deals with a Covid-19 hangover, says David Mahon in our Of Interest podcast
3rd Mar 24, 6:00am
by Gareth Vaughan
11
Patience required as China's economy, like much of the world, deals with a Covid-19 hangover, says David Mahon in our Of Interest podcast
inflation
RBNZ wants more and faster inflation data from Statistics NZ
Reserve Bank keen for fully fledged monthly CPI inflation data from Statistics NZ with regular reweightings
2nd Mar 24, 9:01am
by Gareth Vaughan
14
Reserve Bank keen for fully fledged monthly CPI inflation data from Statistics NZ with regular reweightings
anz
ANZ NZ's December quarter profit takes a tumble
Profit at New Zealand's biggest bank fell 22% in the December quarter as non-performing loans rose above $1 billion
1st Mar 24, 9:12am
by Gareth Vaughan
Profit at New Zealand's biggest bank fell 22% in the December quarter as non-performing loans rose above $1 billion
cb
'Necessarily thorough regulatory process' sees Heartland still awaiting Challenger approval
Heartland Group engaged in 'labour intensive' regulatory approval process with the RBNZ & APRA for Challenger Bank
28th Feb 24, 9:30am
by Gareth Vaughan
Heartland Group engaged in 'labour intensive' regulatory approval process with the RBNZ & APRA for Challenger Bank
JK
Ex-PM John Key quits ANZ NZ & ANZ Group boards
Chairman John Key stepping down from ANZ NZ's board next month, will quit parent ANZ Banking Group's board too
27th Feb 24, 9:58am
by Gareth Vaughan
76
Chairman John Key stepping down from ANZ NZ's board next month, will quit parent ANZ Banking Group's board too
Finding the Money
US MMT advocates head down under as they buckle in for 'a hell of a fight'
As US Modern Monetary Theory advocates make their case in Australia, Gareth Vaughan explains the world through their lens and how it might go down in New Zealand
24th Feb 24, 9:50am
by Gareth Vaughan
79
As US Modern Monetary Theory advocates make their case in Australia, Gareth Vaughan explains the world through their lens and how it might go down in New Zealand
house
Kiwibank to pay a fifth of banks' cost in initial joint anti-scam initiative
CEO Steve Jurkovich says Kiwibank's margins have been stable as it grows home lending in weak market
23rd Feb 24, 10:03am
by Gareth Vaughan
CEO Steve Jurkovich says Kiwibank's margins have been stable as it grows home lending in weak market
payments
ComCom steps up work on potential regulation of the interbank payment network
Commerce Commission outlines a range of interventions it could make to influence bank behaviour in interbank payments
23rd Feb 24, 7:38am
by Gareth Vaughan
Commerce Commission outlines a range of interventions it could make to influence bank behaviour in interbank payments
new Kiwibank branding
Kiwibank half-year profit rises to record high; CEO says RBNZ 'doesn't need to jam the brakes on any harder'
[updated]
Kiwibank interim profit up 7% as home lending and net interest income increase. CEO Steve Jurkovich says reduction in surplus income main reason for customers who are struggling
22nd Feb 24, 9:39am
by Gareth Vaughan
5
Kiwibank interim profit up 7% as home lending and net interest income increase. CEO Steve Jurkovich says reduction in surplus income main reason for customers who are struggling
New Zealand dollars floating
Investor interest in new 30-year NZ government bond tops $19.1 billion
Government debt manager to issue $4 billion 30-year bond after attracting massive interest
21st Feb 24, 2:44pm
by Gareth Vaughan
9
Government debt manager to issue $4 billion 30-year bond after attracting massive interest
houses-colourrf1.jpg
Podcast: Andrew Bayly on a select committee banking inquiry, Statistics NZ's challenges & more
Commerce & Consumer Affairs Minister Andrew Bayly says banking probe could look at encouraging more lending to 'productive' sectors instead of housing
19th Feb 24, 10:10am
by Gareth Vaughan
10
Commerce & Consumer Affairs Minister Andrew Bayly says banking probe could look at encouraging more lending to 'productive' sectors instead of housing
Orr
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
13
Banks may have profited by $2b on customer call accounts through RBNZ using settlement accounts for its LSAP programme, consultant tells Commerce Commission
rates
'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
29
ASB CEO Vittoria Shortt says bank's lending contraction evidence of an unusual, challenging time
retail
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
6
Proposed Business Growth Fund through which government & banks would make equity investments in SMEs no closer after change of government
asb1-oct21
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
12
Falling net interest margin and rising costs push ASB half-year profit lower
Profit
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
26
Profits have replaced labour costs as a leading indicator of inflation, Bank for International Settlements working paper says
beg
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
16
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-logo2023.jpg
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
3
On the heels of a significant increase in its funding, the Reserve Bank outlines its funding wish list for coming years
mp
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
47
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
Infrastructure
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
20
The NZ Infrastructure Commission's Geoff Cooper outlines how thinking slowly and acting fast could improve NZ's infrastructure
FMA
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
6
Commerce and Consumer Affairs Minister Andrew Bayly says FMA to take over CCCFA oversight from ComCom
Pop gun
'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
55
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