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Gareth Vaughan's picture
Gareth Vaughan

Gareth is a senior journalist with interest.co.nz and has worked for about 15 years as a financial journalist in New Zealand and the UK.

Articles by Gareth Vaughan
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Articles by Gareth Vaughan


ComCom action 'material' in bank fees case

19 Jun 13, 3:22pm, Gareth Vaughan
Senior lawyer warns ANZ customers enticed to class action of dangers of becoming a 'conduit for others to benefit' with long battle ahead

BNZ loans 2degrees $165 mln

19 Jun 13, 10:23am, Gareth Vaughan
BNZ loans mobile phone operator 2degrees $165 million to help fund its ongoing growth

No financial gain from Singapore scandal; ANZ

18 Jun 13, 4:18pm, Gareth Vaughan
ANZ Group says it received no financial gain through the actions of 2 Singapore traders implicated in interest rate manipulation scandal

'Mathematical calculations back up fees' -ANZ

Updated 18 Jun 13, 9:39am, Gareth Vaughan
Fair Play on Fees group says it'll file court proceedings against ANZ next week over 'excessive' fees worth up to $250m over 6 years

New certainty coming for derivatives

17 Jun 13, 5:19pm, Gareth Vaughan
Government's 'once in a generation securities law rewrite' to set out a detailed NZ definition of derivatives for the first time

$600 million debt write-off

Updated 17 Jun 13, 9:53am, Gareth Vaughan
TV3 owner MediaWorks in receivership after lenders including Westpac fail to reach recapitalisation deal; About $600 mln of debt being written-off

RBNZ highlights cheaper bank funding

14 Jun 13, 4:17pm, Gareth Vaughan
Banks' long-term overseas borrowing costs down 75 basis points year-on-year & downward pressure on retail deposit rates, RBNZ notes

Time called on big banks' yield run

14 Jun 13, 4:16pm, Gareth Vaughan
Macquarie analysts call time on dividend yield driven rally in big Australasian bank share prices, say sector now looks fair value

GE may take deposits from public

13 Jun 13, 4:00pm, Gareth Vaughan
GE Capital claims it's already 'very heavily' regulated in NZ as RBNZ mulls extending non-bank deposit taker regime; Sees growth in credit cards

New retirement and financial literacy chief

13 Jun 13, 2:36pm, Gareth Vaughan
Diane Maxwell appointed as Commissioner for the Commission of Financial Literacy and Retirement Income

Ross charged over alleged $400m Ponzi scheme

Updated 13 Jun 13, 11:01am, Gareth Vaughan
Ross Asset Management's David Ross facing potential jail time as SFO charges him with overstating investment positions by more than $380 mln

NZ banks not yet in 'vigorous fight'

12 Jun 13, 5:05pm, Gareth Vaughan
Aussie parents of NZ's big banks fighting new international derivatives regulations they say will cost them hundreds of millions of dollars

BNZ at $43.6m of KiwiSaver funds

12 Jun 13, 4:13pm, Gareth Vaughan
BNZ says its KiwiSaver scheme has $43.6 mln under management and 12,249 members

TSB targets other banks' customers

Updated 12 Jun 13, 4:10pm, Gareth Vaughan
TSB Bank launches 'special' 1-year home loan rate undercutting its rivals' advertised rates; SBS goes to 5.65% for 5 years

Core funding ratio comfort

11 Jun 13, 4:10pm, Gareth Vaughan
Banks in comfortable position on one of the RBNZ's new macro-prudential tools, as it's currently set

RBNZ tells insurers to pull socks up

11 Jun 13, 4:06pm, Gareth Vaughan
Reserve Bank says it's moving to a 'more stringent' approach on rule breaches by insurers; Warns of potential for fines

A 'somewhat desperate feel'

Updated 10 Jun 13, 12:21pm, Gareth Vaughan
QV says average annual Auckland residential property values up almost 13%, some house seekers not doing any due diligence as desperation kicks in

Will the RBNZ use LVR restrictions?

07 Jun 13, 4:58pm, Gareth Vaughan
Five reasons why I don't think the RBNZ will use its new tool to restrict high loan-to-value ratio residential mortgage lending this year

Kiwibank launches new mortgage special

07 Jun 13, 12:21pm, Gareth Vaughan
Kiwibank offers 'special limited time' 1-year fixed mortgage rate of 4.89%, lowest advertised 1-year rate from a bank

Heartland's property quagmire

06 Jun 13, 4:15pm, Gareth Vaughan
Heartland Bank's credibility goes on the line as George Kerr takes a pound of property flesh, Gareth Vaughan argues