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

15 years 2 months

Latest articles

FIPS titbits

Here's a look at some of the detail in KPMG's annual Financial Institutions Performance Survey

24th Feb 16, 7:32am

by Gareth Vaughan

Here's a look at some of the detail in KPMG's annual Financial Institutions Performance Survey

Capital constrained Kiwibank eyes growth in wealth sector

Kiwibank CEO Paul Brock sees wealth sector as 'the big dynamic that's shifting in the NZ financial services marketplace'

23rd Feb 16, 1:44pm

by Gareth Vaughan

Kiwibank CEO Paul Brock sees wealth sector as 'the big dynamic that's shifting in the NZ financial services marketplace'

Westpac NZ issues 17-year covered bond

Westpac NZ issues €200 mln, 17-year covered bond to European pension fund as part of NZ$1.5bln offshore funding round

22nd Feb 16, 1:40pm

by Gareth Vaughan

Westpac NZ issues €200 mln, 17-year covered bond to European pension fund as part of NZ$1.5bln offshore funding round

AEOI, the 4 voweled tax behemoth

Govt seeks feedback on NZ implementation of OECD, G20 push to 'end banking secrecy as we have known it'

22nd Feb 16, 12:02pm

by Gareth Vaughan

Govt seeks feedback on NZ implementation of OECD, G20 push to 'end banking secrecy as we have known it'

'The RBNZ doesn't need to cut the OCR right now' - Kiwibank CEO

Kiwibank chief says the OCR is low enough and the Reserve Bank doesn't need to cut at the moment

22nd Feb 16, 10:31am

by Gareth Vaughan

Kiwibank chief says the OCR is low enough and the Reserve Bank doesn't need to cut at the moment

IRD to consult on changing bank cross jurisdiction funding structures

NZ taxman to consider changes to the tax treatment of hybrid bank securities such as CBA's PERLS VIII

19th Feb 16, 5:02pm

by Gareth Vaughan

NZ taxman to consider changes to the tax treatment of hybrid bank securities such as CBA's PERLS VIII

'Of course there's some stress'

CFO Antonia Watson says ANZ NZ is seeing across the board increases in wholesale funding costs

18th Feb 16, 4:19pm

by Gareth Vaughan

CFO Antonia Watson says ANZ NZ is seeing across the board increases in wholesale funding costs

Overseas operating NZ registered building society shown the door

FMA boots General Equity, formerly the General Equity Building Society, off the Financial Service Providers Register

18th Feb 16, 12:44pm

by Gareth Vaughan

FMA boots General Equity, formerly the General Equity Building Society, off the Financial Service Providers Register

CBA's 'uncompetitive arbitrage' funding

CBA's NZ branch funding giving the trifecta of Tier 1 Capital, NZ tax deductibility & Australian franking credits could face OECD-led heat

17th Feb 16, 5:02pm

by Gareth Vaughan

CBA's NZ branch funding giving the trifecta of Tier 1 Capital, NZ tax deductibility & Australian franking credits could face OECD-led heat

ANZ NZ's David Hisco sees 'headwinds'

ANZ posts drop in quarterly profit but reports fall in impaired & 90 day past due assets

17th Feb 16, 12:18pm

by Gareth Vaughan

ANZ posts drop in quarterly profit but reports fall in impaired & 90 day past due assets

ASB swaps low equity fees on high LVR loans for low equity margins

ASB introduces specific low equity margins in place of varying fees on high LVR home loans, blames RBNZ

17th Feb 16, 10:34am

by Gareth Vaughan

ASB introduces specific low equity margins in place of varying fees on high LVR home loans, blames RBNZ

ApocOilypse Now?

Kiwi analyst Michael Parker argues the weak oil price is unlikely to be a systemic risk to the global economy

17th Feb 16, 5:03am

by Gareth Vaughan

Kiwi analyst Michael Parker argues the weak oil price is unlikely to be a systemic risk to the global economy

Who is the 2nd bank lending via Harmoney? Draw your own conclusion

Harmoney founder expects two banks to lend about $175m to borrowers through the P2P lender over next 12 months

16th Feb 16, 5:02pm

by Gareth Vaughan

Harmoney founder expects two banks to lend about $175m to borrowers through the P2P lender over next 12 months

Harmoney revamps business model after borrower fees overhaul

Harmoney's Neil Roberts on the impact of pleasing regulators, chairman Rob Campbell's departure, Australian plans & more

15th Feb 16, 4:02pm

by Gareth Vaughan

Harmoney's Neil Roberts on the impact of pleasing regulators, chairman Rob Campbell's departure, Australian plans & more

Two more ANZ NZ executives depart for ANZ group roles

ANZ NZ's heads of institutional banking and commercial & agri banking are promoted to group roles and succeeded from within

15th Feb 16, 3:48pm

by Gareth Vaughan

ANZ NZ's heads of institutional banking and commercial & agri banking are promoted to group roles and succeeded from within

NZ banks' $1.7 bln of CoCo-esque securities

We don't have securities named CoCos in NZ, but we do have bank securities on issue with the same features

12th Feb 16, 11:01am

by Gareth Vaughan

We don't have securities named CoCos in NZ, but we do have bank securities on issue with the same features

'There's nothing unexpected going on'

ASB, CBA CEOs Barbara Chapman & Ian Narev sanguine about turmoil in global financial markets; Narev suggests over reaction also a threat

11th Feb 16, 9:47am

by Gareth Vaughan

ASB, CBA CEOs Barbara Chapman & Ian Narev sanguine about turmoil in global financial markets; Narev suggests over reaction also a threat

RBA & Fed calls important for NZ dollar

HiFX's Dan Bell expects a 'very volatile year on all fronts' with RBNZ reluctance to cut the OCR propping the Kiwi dollar up

10th Feb 16, 1:55pm

by Gareth Vaughan

HiFX's Dan Bell expects a 'very volatile year on all fronts' with RBNZ reluctance to cut the OCR propping the Kiwi dollar up

'Cost recovery' helps lift ASB interim net profit 7% to fresh record high

ASB half-year profit after tax reaches $474 mln helped by break fees bounce

10th Feb 16, 10:44am

by Gareth Vaughan

ASB half-year profit after tax reaches $474 mln helped by break fees bounce

Lending Crowd 'a chance to diversify away from property'

Boss of new P2P lender Wayne Croad says Lending Crowd's secured SME loans offer investors a chance to diversify away from property

10th Feb 16, 5:03am

by Gareth Vaughan

Boss of new P2P lender Wayne Croad says Lending Crowd's secured SME loans offer investors a chance to diversify away from property

'In the current environment inflation targeting is probably a waste of time'

BNZ's Stephen Toplis argues the world has conspired to ensure RBNZ Governor Wheeler's inflation targeting failure & weak inflation's not sufficient reason for OCR cut

9th Feb 16, 9:49am

by Gareth Vaughan

BNZ's Stephen Toplis argues the world has conspired to ensure RBNZ Governor Wheeler's inflation targeting failure & weak inflation's not sufficient reason for OCR cut

Are Australia's residential property investor lending rules being gamed?

UBS analysts suggest APRA may turn up the heat on restrictions on Aussie banks' residential property investor lending

5th Feb 16, 12:15pm

by Gareth Vaughan

UBS analysts suggest APRA may turn up the heat on restrictions on Aussie banks' residential property investor lending

BNZ in rare domestic covered bond issue

BNZ borrows NZ$300 mln through 7-year covered bond issued to local institutional investors

5th Feb 16, 12:05pm

by Gareth Vaughan

BNZ borrows NZ$300 mln through 7-year covered bond issued to local institutional investors

RBNZ reiterates its opposition to deposit insurance

RBNZ's Toby Fiennes argues deposit insurance would blunt incentives for banks and depositors to monitor and manage risks properly

4th Feb 16, 5:46pm

by Gareth Vaughan

RBNZ's Toby Fiennes argues deposit insurance would blunt incentives for banks and depositors to monitor and manage risks properly

Rival 'curious' about Paymark sale but non-committal on possible interest

Verifone NZ boss sees potential competition issues if his company were to seek to buy Paymark

4th Feb 16, 4:02pm

by Gareth Vaughan

Verifone NZ boss sees potential competition issues if his company were to seek to buy Paymark