HOT TOPICS:   Gold   |   Unitary Plan  |    Mortgage rates

The comment stream

Reader poll

How many new houses will the Government-Auckland Council accord produce in Auckland over the next three years?

Choices
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
5 + 10 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.

User profile

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
Subscribe to articles by Gareth Vaughan

Articles by Gareth Vaughan


Finance company CEO calls for more regulation

23 May 13, 5:06pm, Gareth Vaughan
UDC Finance CEO calls for RBNZ's non-bank deposit taker regulations to be extended to include companies that don't borrow off the public but are major lenders

Westpac grows mortgages with LVRs below 80%

23 May 13, 4:32pm, Gareth Vaughan
Westpac grows March quarter home loans by NZ$571 mln with 92% of growth coming through loans with LVRs below 80%

The Big Kahuna of securities law reform

23 May 13, 3:40pm, Gareth Vaughan
Why the Financial Markets Conduct Bill is bigger than Ben-Hur; The changes for retail investors, licencing of fund managers, the Blue Chip effect; 'It's enormous'

Big bank brother is watching you

22 May 13, 5:00pm, Gareth Vaughan
Both Westpac & ASB tracking customers' use of their websites to find cross-selling opportunities

A motor home secures a Duck

22 May 13, 12:03pm, Gareth Vaughan
RBNZ warns Asset Finance after blowout in related party credit exposure caused by the pledging of a motor home as security on a loan for an amphibious Duck

Kiwibank's capital buffers may prove 'too thin'

21 May 13, 9:34am, Gareth Vaughan
Kiwibank credit rating affirmed at AA but Fitch cautions on increasing competition & weaker capital position than rivals against backdrop of 'rapidly rising' house prices

Massive offshore trustee service detailed

20 May 13, 5:03pm, Gareth Vaughan
The NZ trustee that estimates it 'conservatively' oversees €5 bln on behalf of the world's wealthiest people & the building society that threatened to sue the RBNZ

RBNZ goes with banks' 'preferred' LVR cap approach

20 May 13, 4:18pm, Gareth Vaughan
RBNZ chooses 'speed limits' to contain banks' high LVR loans rather than outright caps on high LVR lending; Says it has no mandate to improve housing affordability

Kiwibank avoids 'peripheral offers', for now

17 May 13, 4:19pm, Gareth Vaughan
Kiwibank says 'peripheral' gifts given by banks to entice borrowers don't work, but won't rule out joining the give-away party

ASB's high LVR lending jumps

16 May 13, 9:24pm, Gareth Vaughan
ASB grows home loans by $1.7b over two quarters with $1.4b, or 84%, coming in lending where the borrower has deposit/equity worth less than 20% of the loan

'Budget highlights reliance on foreign savings'

Updated 16 May 13, 3:36pm, Gareth Vaughan
Fitch says Budget encouraging; Moody's says it highlights NZ's main vulnerability being reliance on external saving to fund investment;  Labour labels it a ‘blackjack’ Budget

RBNZ gets new tools to combat credit booms

16 May 13, 3:01pm, Gareth Vaughan
Finance Minister Bill English says RBNZ Governor Graeme Wheeler will decide if, and when, to use new tools designed to dampen excessive growth in credit and asset prices

NZ debt among world's safest

15 May 13, 12:19pm, Gareth Vaughan
New Zealand the world's ninth safest sovereign credit risk, according to credit rating agency Standard & Poor's

'NZ economy recovering' - CBA

15 May 13, 11:01am, Gareth Vaughan
Parent Commonwealth Bank of Australia says the pace of ASB's residential mortgage & business lending growth remained above overall market growth in the March quarter

Auckland's Unitary Plan to be softened

15 May 13, 9:49am, Gareth Vaughan
Auckland Mayor Len Brown tells Radio NZ his council's Unitary Plan is likely to be watered down with some changes 'too much too soon'

MYOB buys NZ firm for its bank feeds

14 May 13, 12:27pm, Gareth Vaughan
Australia's MYOB to buy NZ firm BankLink in NZ$136 mln deal, says benefits of its automatic bank feeds 'huge' in cloud computing

How the RBNZ's OBR might work

14 May 13, 9:39am, Gareth Vaughan
If a bank failed and the Open Bank Resolution Policy was implemented, how would it affect bank depositors, bondholders and shareholders?

New core banking system for BNZ

10 May 13, 4:17pm, Gareth Vaughan
BNZ to spend hundreds of millions of dollars on new core banking system over 3 to 5 years; CEO Andrew Thorburn says he has no plans to leave

RBNZ warned of 'unintended consequences'

10 May 13, 3:33pm, Gareth Vaughan
BNZ CEO Andrew Thorburn questions whether the big banks holding more capital against home loans where borrowers have under 20% equity will address key housing market problems

SFO puts $1.1m price tag on Hanover probe

10 May 13, 2:44pm, Gareth Vaughan
Serious Fraud Office estimates cost of its Hanover investigation at NZ$1.1 mln including fees for external advisors