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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 2 months

Latest articles

Wall of work still ahead in extension of anti-money laundering law
Much work and key decisions still ahead as government looks to roll out phase 2 of the Anti-Money Laundering and Countering Financing of Terrorism Act
21st Jun 16, 7:27am
by Gareth Vaughan
5
Much work and key decisions still ahead as government looks to roll out phase 2 of the Anti-Money Laundering and Countering Financing of Terrorism Act
Lending standards at parents of NZ's big banks assessed
Mystery shop finds Aussie banks have tightened lending criteria but the more aggressive are still prepared to lend 9.4x income for investor mortgages & 6.2x for owner-occupiers
20th Jun 16, 5:02pm
by Gareth Vaughan
4
Mystery shop finds Aussie banks have tightened lending criteria but the more aggressive are still prepared to lend 9.4x income for investor mortgages & 6.2x for owner-occupiers
Seven lenders, including big banks, hit in mortgage fraud case
Auckland woman who used 4 names, plus relatives and associates, found guilty of $9.2 mln mortgage fraud involving 11 properties
17th Jun 16, 11:31am
by Gareth Vaughan
7
Auckland woman who used 4 names, plus relatives and associates, found guilty of $9.2 mln mortgage fraud involving 11 properties
NZ banks top up with cheap funding ahead of Brexit vote
European institutional investors keen on NZ bank bonds ahead of UK vote on EU membership
15th Jun 16, 4:59pm
by Gareth Vaughan
European institutional investors keen on NZ bank bonds ahead of UK vote on EU membership
Chinese banks push NZ lending past $1 billion
The 3 Chinese banks operating in NZ have now lent more than $1 bln and made inroads into the mortgage market
14th Jun 16, 5:15pm
by Gareth Vaughan
7
The 3 Chinese banks operating in NZ have now lent more than $1 bln and made inroads into the mortgage market
Ex-ASB manager Shaun Drylie named new SBS Bank CEO
Shaun Drylie, who 'successfully' led ASB's home loan operations through the RBNZ's introduction of LVR restrictions in 2013, named new SBS CEO
14th Jun 16, 5:00pm
by Gareth Vaughan
2
Shaun Drylie, who 'successfully' led ASB's home loan operations through the RBNZ's introduction of LVR restrictions in 2013, named new SBS CEO
Reserve Bank warns of scam email
The RBNZ issues warning on scam email sent to financial services sector claiming to be from RBNZ staffer
14th Jun 16, 1:26pm
by Gareth Vaughan
The RBNZ issues warning on scam email sent to financial services sector claiming to be from RBNZ staffer
ASB joins rivals in cracking down on offshore property buyers
ASB to stop considering overseas income in mortgage applications where a customer does not hold NZ citizenship or permanent residency
13th Jun 16, 5:32pm
by Gareth Vaughan
14
ASB to stop considering overseas income in mortgage applications where a customer does not hold NZ citizenship or permanent residency
Palmerston North financial service providers, Islamic sukuk bonds & a foreign trust
Kea street cred and US$1 bln promise lures Kiwi to front questionable financial service providers
11th Jun 16, 5:02am
by Gareth Vaughan
18
Kea street cred and US$1 bln promise lures Kiwi to front questionable financial service providers
BNZ joins ANZ & Westpac in offshore borrower crackdown
BNZ tightens rules for non-NZ & Australian citizens seeking loans to buy houses; ASB policies 'under review'
10th Jun 16, 2:51pm
by Gareth Vaughan
35
BNZ tightens rules for non-NZ & Australian citizens seeking loans to buy houses; ASB policies 'under review'
ANZ and Westpac tighten screws on overseas house buyers
Westpac NZ halts lending to offshore residential mortgage borrowers with overseas income
9th Jun 16, 12:02pm
by Gareth Vaughan
48
Westpac NZ halts lending to offshore residential mortgage borrowers with overseas income
TSB on Harmoney, why the secrecy?
Gareth Vaughan argues TSB should disclose details of its relationship with P2P lender Harmoney
9th Jun 16, 5:02am
by Gareth Vaughan
7
Gareth Vaughan argues TSB should disclose details of its relationship with P2P lender Harmoney
Auckland, Hamilton & Tauranga 'Golden triangle' boosts TSB's lending
TSB costs and lending surge and provisions rise as dairy lending outlook darkens
8th Jun 16, 9:51am
by Gareth Vaughan
TSB costs and lending surge and provisions rise as dairy lending outlook darkens
'Unilateral action on climate change is the worst of both worlds'
To get serious about climate change we must recognise the role trade plays in enabling & exacerbating it, says Ryan Greenaway-McGrevy
6th Jun 16, 7:32am
by Gareth Vaughan
64
To get serious about climate change we must recognise the role trade plays in enabling & exacerbating it, says Ryan Greenaway-McGrevy
How an ANZ bank account was used as a pyramid scheme depository
Icon Sachs (whatever that is), Fennas Finance, a bank account at an ANZ Napier branch, a conspiracy theorist & a pyramid scheme
4th Jun 16, 8:38am
by Gareth Vaughan
25
Icon Sachs (whatever that is), Fennas Finance, a bank account at an ANZ Napier branch, a conspiracy theorist & a pyramid scheme
Foreign exchange gains help HSBC NZ profit
HSBC grows mortgage book as March quarter profit rises 14%
2nd Jun 16, 4:28pm
by Gareth Vaughan
HSBC grows mortgage book as March quarter profit rises 14%
Belts tightened at the big banks
Big five banks see net interest margins shrink, but the five still look very healthy overall
1st Jun 16, 12:02pm
by Gareth Vaughan
Big five banks see net interest margins shrink, but the five still look very healthy overall
ANZ NZ to bolster capital
ANZ NZ eyes issue of up to NZ$1 bln of 'mandatory convertible non-cumulative perpetual subordinated notes' to ANZ group's NZ branch
1st Jun 16, 9:59am
by Gareth Vaughan
ANZ NZ eyes issue of up to NZ$1 bln of 'mandatory convertible non-cumulative perpetual subordinated notes' to ANZ group's NZ branch
Digital and customer specialist Simon Pomeroy leaves Westpac
Simon Pomeroy quits Westpac NZ for role at big data firm Fulcrum
1st Jun 16, 9:55am
by Gareth Vaughan
Simon Pomeroy quits Westpac NZ for role at big data firm Fulcrum
Subdued quarter for Kiwibank
Kiwibank says deal seeing NZ Super Fund & ACC becoming shareholders on track for completion by June 30
30th May 16, 10:02am
by Gareth Vaughan
Kiwibank says deal seeing NZ Super Fund & ACC becoming shareholders on track for completion by June 30
What happened Friday
A review of things you need to know before you go home on Friday; Kiwibank ends sub-4% mortgage special; Westland forecast tops Fonterra's; FMA acts; Strong bidding for govt bonds
27th May 16, 3:56pm
by Gareth Vaughan
4
A review of things you need to know before you go home on Friday; Kiwibank ends sub-4% mortgage special; Westland forecast tops Fonterra's; FMA acts; Strong bidding for govt bonds
New Zealand, big in the dark corners of the offshore finance world
Nelson's stock exchange, 'a big Ponzi scheme,' and other tales from John Key's offshore financial services centre
27th May 16, 1:15pm
by Gareth Vaughan
25
Nelson's stock exchange, 'a big Ponzi scheme,' and other tales from John Key's offshore financial services centre
New APRA rule to cost Westpac NZ NZ$500 mln
Westpac NZ forced to repay Aussie parent NZ$500 mln over five years
26th May 16, 12:02pm
by Gareth Vaughan
Westpac NZ forced to repay Aussie parent NZ$500 mln over five years
FMA asking banks about benchmark interest rate setting
FMA CEO Rob Everett says the regulator's exploring how NZ benchmark interest rates are set with banks and the NZFMA
25th May 16, 9:00am
by Gareth Vaughan
2
FMA CEO Rob Everett says the regulator's exploring how NZ benchmark interest rates are set with banks and the NZFMA
RBNZ waters down outsourcing policy revamp
RBNZ decides not to extend outsourcing policy beyond the big banks, softens proposal for independence from overseas parents
24th May 16, 9:51am
by Gareth Vaughan
RBNZ decides not to extend outsourcing policy beyond the big banks, softens proposal for independence from overseas parents