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

14 years 11 months

Latest articles

Heartland pulling toe, and capital, from home loan market

Heartland Group Holdings gives up on getting a 'slither' of the residential mortgage market

3rd Mar 25, 9:24am

by Gareth Vaughan

Heartland Group Holdings gives up on getting a 'slither' of the residential mortgage market

Kiwibank half-year profit drops as net interest margin falls, expenses rise

[updated]

Kiwibank interim profit down 12% from last year's record high, lending and deposit growth outstrips overall market growth

27th Feb 25, 9:13am

by Gareth Vaughan

Kiwibank interim profit down 12% from last year's record high, lending and deposit growth outstrips overall market growth

ESG 'debt universe' keeps on growing

Institute of International Finance highlights solid growth of ESG-related debt

26th Feb 25, 11:19am

by Gareth Vaughan

Institute of International Finance highlights solid growth of ESG-related debt

As Auckland changes its viewshafts should change too, Chris Bishop says

Transport, Housing & Infrastructure Minister Chris Bishop starts conversation on changes to Auckland's viewshafts

21st Feb 25, 2:44pm

by Gareth Vaughan

Transport, Housing & Infrastructure Minister Chris Bishop starts conversation on changes to Auckland's viewshafts

ANZ NZ past due housing loans on the rise

ANZ New Zealand catches ANZ Australia in a measure it'd rather be behind in

21st Feb 25, 9:20am

by Gareth Vaughan

ANZ New Zealand catches ANZ Australia in a measure it'd rather be behind in

China, a country 'full of DeepSeeks,' now sees NZ as 'a country of diplomatic infidelity'

In a new Of Interest podcast, David Mahon suggests PM Christopher Luxon visiting India before China may be viewed in China 'almost as a statement of a diplomatic insult'

20th Feb 25, 10:00am

by Gareth Vaughan

In a new Of Interest podcast, David Mahon suggests PM Christopher Luxon visiting India before China may be viewed in China 'almost as a statement of a diplomatic insult'

Heartland books big loan impairment, calls in debt collectors

[updated]

Weak NZ economy and more proactive and prescriptive approach to loan arrears leads to almost $50m impairment for Heartland, shares tank

18th Feb 25, 10:14am

by Gareth Vaughan

Weak NZ economy and more proactive and prescriptive approach to loan arrears leads to almost $50m impairment for Heartland, shares tank

'It's time for regulation to regulate all payments participants,' ASB CEO says

Big tech & fintech should be included, along with banks, Visa and Mastercard in Commerce Commission payments regulation, ASB CEO Vittoria Shortt argues

13th Feb 25, 9:42am

by Gareth Vaughan

Big tech & fintech should be included, along with banks, Visa and Mastercard in Commerce Commission payments regulation, ASB CEO Vittoria Shortt argues

ASB chair Therese Walsh and CEO Vittoria Shortt speak at Parliamentary hearing

ASB CEO Vittoria Shortt warns of 'unintended consequences' from 'Woke Bank Bill'

[updated]

ASB's Vittoria Shortt says the Government should be mindful of signals being sent to potential overseas investors via threats to direct bank lending & implement a windfall profit tax

12th Feb 25, 3:37pm

by Gareth Vaughan

ASB's Vittoria Shortt says the Government should be mindful of signals being sent to potential overseas investors via threats to direct bank lending & implement a windfall profit tax

ASB interim profit rises as net interest margin climbs

[updated]

ASB posts profit increase despite big bump up in staff numbers as scam war continues

12th Feb 25, 10:27am

by Gareth Vaughan

ASB posts profit increase despite big bump up in staff numbers as scam war continues

What will ASB's parent CBA do with its A$3.2b of 'excess' capital?

ASB's Aussie parent CBA has capital coming out its ears. So what might it do with it?

10th Feb 25, 9:34am

by Gareth Vaughan

ASB's Aussie parent CBA has capital coming out its ears. So what might it do with it?

A bizarre phenomenon at the parliamentary banking inquiry

Gareth Vaughan suggests some MPs may be forgetting private businesses are allowed to choose who they lend money to

5th Feb 25, 5:00am

by Gareth Vaughan

Gareth Vaughan suggests some MPs may be forgetting private businesses are allowed to choose who they lend money to

TSB calls for loosening of RBNZ capital stress testing rule for smaller banks

TSB Chairman and CEO bemoan regulatory capital advantages of big 4 banks in select committee hearing

31st Jan 25, 5:00am

by Gareth Vaughan

TSB Chairman and CEO bemoan regulatory capital advantages of big 4 banks in select committee hearing

First Union's recommendations to combat 'bankflation'

Union provides four recommendations to banking inquiry to fight what it calls 'bankflation'

30th Jan 25, 5:00am

by Gareth Vaughan

Union provides four recommendations to banking inquiry to fight what it calls 'bankflation'

Price transparency for money transfers; 'the low hanging fruit of competition-based solutions for banking problems'

Money transfer company Wise asks MPs to mandate price transparency for international money transfers

29th Jan 25, 12:12pm

by Gareth Vaughan

Money transfer company Wise asks MPs to mandate price transparency for international money transfers

TSB's turn under banking inquiry spotlight as RBNZ waits in the wings

Parliamentary banking competition probe hearings getting back under way

28th Jan 25, 6:41am

by Gareth Vaughan

Parliamentary banking competition probe hearings getting back under way

Firms accounted for about one-third of 2021-2022 inflation in advanced economies, BIS paper says

Bank for International Settlements paper sees significant contribution from businesses' price setting to inflation

21st Jan 25, 5:14pm

by Gareth Vaughan

Bank for International Settlements paper sees significant contribution from businesses' price setting to inflation

The 2024 Interesties Awards

The 2024 Interesties Awards featuring Christopher Luxon, Adrian Orr, Nicola Willis, David Seymour, Antonia Watson, Donald Trump, Elon Musk, Jerome Powell, JFoe, Palmtree08, banks, Federated Farmers, the Commerce Commission, bitcoin, Du Val & more

22nd Dec 24, 6:00am

by Gareth Vaughan

Commerce Commission eyes probe of Mastercard & Visa scheme fees

Mastercard, Visa scheme fees in Commerce Commission's sights, as it questions whether lower interchange fees will impact fraud fight

20th Dec 24, 5:00am

by Gareth Vaughan

Mastercard, Visa scheme fees in Commerce Commission's sights, as it questions whether lower interchange fees will impact fraud fight

Commerce Commission says it 'seems likely' surcharging regulation will be needed despite reduction in Mastercard & Visa fees for businesses

[updated]

Consumer watchdog eyes $260m annual fee reduction for businesses accepting Mastercard & Visa cards, lower surcharges for consumers

18th Dec 24, 6:55am

by Gareth Vaughan

Consumer watchdog eyes $260m annual fee reduction for businesses accepting Mastercard & Visa cards, lower surcharges for consumers

'The public interest doesn't outweigh the need to withhold the information'

Citing 'an obligation of confidence,' Commerce Commission declines to name Chairman John Small's recalcitrant bank

17th Dec 24, 5:00am

by Gareth Vaughan

Citing 'an obligation of confidence,' Commerce Commission declines to name Chairman John Small's recalcitrant bank

New bail-in regime unnecessary in NZ, NZ Banking Association says

'Extremely well capitalised' banks means New Zealand doesn't need a new bail-in bank failure regime, bank lobby group says

16th Dec 24, 9:51am

by Gareth Vaughan

'Extremely well capitalised' banks means New Zealand doesn't need a new bail-in bank failure regime, bank lobby group says

Should New Zealand embrace parametric insurance?

Natural hazards abound in New Zealand and insurance premium costs are rising, so would a broader range of insurance products be useful?

13th Dec 24, 5:00am

by Gareth Vaughan

Natural hazards abound in New Zealand and insurance premium costs are rising, so would a broader range of insurance products be useful?

Commerce Commission to push surcharges 'right down' but 'not to zero'

Draft decision on changes to regulation of Mastercard and Visa interchange fees coming next week

12th Dec 24, 5:00am

by Gareth Vaughan

Draft decision on changes to regulation of Mastercard and Visa interchange fees coming next week

Help may be at hand for non-bank 'specialist' lenders

Profit tumbles across non-bank lending sector for second consecutive year, KPMG FIPS shows, as funding costs surge

11th Dec 24, 5:00am

by Gareth Vaughan

Profit tumbles across non-bank lending sector for second consecutive year, KPMG FIPS shows, as funding costs surge