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

16 years

Latest articles

Aussie firm buying NZ's original EFTPOS provider

Australia's Cuscal acquiring electronic payments processor Worldline New Zealand and reviving Paymark brand

15th Apr 26, 11:57am

by Gareth Vaughan

Australia's Cuscal acquiring electronic payments processor Worldline New Zealand and reviving Paymark brand

Banks baulk at paying 85% of government's proposed AML levies

Bank lobby group says government proposal for its members to pay $23m of annual AML levies isn't equitable or proportionate

15th Apr 26, 5:00am

by Gareth Vaughan

Bank lobby group says government proposal for its members to pay $23m of annual AML levies isn't equitable or proportionate

Raising the OCR 'could be reckless'

Kiwibank chief economist Jarrod Kerr says households and businesses don't need rate hikes to dampen demand against the backdrop of an oil shock

14th Apr 26, 2:21pm

by Gareth Vaughan

Kiwibank chief economist Jarrod Kerr says households and businesses don't need rate hikes to dampen demand against the backdrop of an oil shock

RBNZ's preferred cash approach 'to work with banks...on voluntary basis'

[updated]

Assistant Governor Karen Silk says Reserve Bank has already received more than 4000 responses on its 'keeping cash local' consultation

10th Apr 26, 4:12pm

by Gareth Vaughan

Assistant Governor Karen Silk says Reserve Bank has already received more than 4000 responses on its 'keeping cash local' consultation

NZ government welcomes Middle East ceasefire

[updated]

Foreign Minister Winston Peters says NZ 'will stand in support of all efforts to bring about a lasting, durable end' to Middle East conflict

8th Apr 26, 1:37pm

by Gareth Vaughan

Foreign Minister Winston Peters says NZ 'will stand in support of all efforts to bring about a lasting, durable end' to Middle East conflict

Major banks told to extend open banking to small business customers

Government talks up potential of open banking for small and medium sized businesses

1st Apr 26, 11:00am

by Gareth Vaughan

Government talks up potential of open banking for small and medium sized businesses

Outlook remains bright, Rabobank NZ says

Rabobank NZ posts annual profit increase, says outlook for the agriculture sector remains bright despite oil shock

1st Apr 26, 9:20am

by Gareth Vaughan

Rabobank NZ posts annual profit increase, says outlook for the agriculture sector remains bright despite oil shock

'The law of one price is under threat'

Why the likes of Statistics NZ may have to abandon sampling and seek to collect every price paid to 'save inflation'

30th Mar 26, 9:39am

by Gareth Vaughan

Why the likes of Statistics NZ may have to abandon sampling and seek to collect every price paid to 'save inflation'

ASB's long running transaction monitoring woes

Foreign trust monitoring failures related to $9.37 billion of transactions included in ASB's anti-money laundering non-compliance

27th Mar 26, 1:20pm

by Gareth Vaughan

Foreign trust monitoring failures related to $9.37 billion of transactions included in ASB's anti-money laundering non-compliance

Consumer confidence tumbles

ANZ-Roy Morgan survey shows big fall in consumer confidence, rise in inflation expectations

27th Mar 26, 10:18am

by Gareth Vaughan

ANZ-Roy Morgan survey shows big fall in consumer confidence, rise in inflation expectations

Banking sector has 'greatest technical potential for AI cost savings' with 56% of workers 'highly exposed' to automation

Macquarie analysts crunch the numbers on the staff cost cutting potential major banks have from AI

27th Mar 26, 9:21am

by Gareth Vaughan

Macquarie analysts crunch the numbers on the staff cost cutting potential major banks have from AI

'Current exalted bank valuations represent a very benign view of the economic outlook'

Big banks expected to increase bad debt provisioning as economic picture darkens

26th Mar 26, 9:03am

by Gareth Vaughan

Big banks expected to increase bad debt provisioning as economic picture darkens

RBNZ Governor encourages businesses that can 'see through' temporary cost pressures to do so

[updated]

Reserve Bank Governor Anna Breman says 'monetary policy will have to react' if a wage-price spiral emerges

24th Mar 26, 1:41pm

by Gareth Vaughan

Reserve Bank Governor Anna Breman says 'monetary policy will have to react' if a wage-price spiral emerges

RBNZ warned of threat to viability of NZ interest rate benchmarks

Reserve Bank pledges to 'support market liquidity and capital market development' as it introduces a Committed Liquidity Facility for deposit takers

23rd Mar 26, 11:26am

by Gareth Vaughan

Reserve Bank pledges to 'support market liquidity and capital market development' as it introduces a Committed Liquidity Facility for deposit takers

RBNZ 'expanding its communications approach' against backdrop of Middle East war

Reserve Bank top brass to front publicly after April OCR review, and outline thoughts on impact of Middle East conflict

20th Mar 26, 9:49am

by Gareth Vaughan

Reserve Bank top brass to front publicly after April OCR review, and outline thoughts on impact of Middle East conflict

'A 10 basis point spread between our key deposit and lending rates is the right starting point'

Reserve Bank decides to leave settlement account interest rate at OCR, and set reverse repo rate 10 basis points higher

20th Mar 26, 8:42am

by Gareth Vaughan

Reserve Bank decides to leave settlement account interest rate at OCR, and set reverse repo rate 10 basis points higher

MoJ proposes banks, 'the highest risk' sector, pay 85% of anti-money laundering levies

Citing a 'nexus between all other money laundering and banks,' the Ministry of Justice proposes banks pay lion's share of AML levies

14th Mar 26, 9:20am

by Gareth Vaughan

Citing a 'nexus between all other money laundering and banks,' the Ministry of Justice proposes banks pay lion's share of AML levies

Podcast: NZ's objective with Trump should be 'to not become the focus of his wrath'

Long-time Trump watcher David Cay Johnston explains why he fears for US democracy

13th Mar 26, 10:17am

by Gareth Vaughan

Long-time Trump watcher David Cay Johnston explains why he fears for US democracy

ACI Worldwide's Philip Bruno makes the case for real-time payments

A real-time domestic payments network could provide 'a better and cheaper alternative' to Visa and Mastercard

12th Mar 26, 7:54pm

by Gareth Vaughan

A real-time domestic payments network could provide 'a better and cheaper alternative' to Visa and Mastercard

TSB, SBS Bank & The Co-operative Bank on open banking

What plans, if any, do the small NZ-owned banks have where open banking's concerned?

11th Mar 26, 11:47am

by Gareth Vaughan

What plans, if any, do the small NZ-owned banks have where open banking's concerned?

No government data on open banking use yet

MBIE developing a Consumer Data Right reporting framework featuring public dashboard showing progress and uptake of open banking

10th Mar 26, 11:14am

by Gareth Vaughan

MBIE developing a Consumer Data Right reporting framework featuring public dashboard showing progress and uptake of open banking

'There are significant benefits to open banking, I'd encourage all banks to become designated'

Commerce and Consumer Affairs Minister Scott Simpson encourages small banks to sign up to open banking

9th Mar 26, 5:00pm

by Gareth Vaughan

Commerce and Consumer Affairs Minister Scott Simpson encourages small banks to sign up to open banking

Watchdog suggests government could require small banks to open up to open banking

Kiwibank on target for open banking deadlines as Commerce Commission suggests smaller banks could be made to open up too

6th Mar 26, 3:45pm

by Gareth Vaughan

Kiwibank on target for open banking deadlines as Commerce Commission suggests smaller banks could be made to open up too

An obvious but unlikely solution to the RBNZ & banks' cash impasse

[updated]

There's a simple solution to banks baulking at the RBNZ's proposal for them to provide nationwide cash services for free, but a compromise is the likelier outcome

4th Mar 26, 5:00am

by Gareth Vaughan

There's a simple solution to banks baulking at the RBNZ's proposal for them to provide nationwide cash services for free, but a compromise is the likelier outcome

Inland Revenue 'reporting more tax debt defaults'

Inland Revenue behind most company liquidations, and switching between big 4 banks a key mortgage market driver, Centrix says

3rd Mar 26, 5:00am

by Gareth Vaughan

Inland Revenue behind most company liquidations, and switching between big 4 banks a key mortgage market driver, Centrix says