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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 3 months

Latest articles

Clauses added to consumer credit bill to prohibit the charging of compound interest
Select committee recommends clauses be added to the Credit Contracts Legislation Amendment Bill prohibiting lenders peddling 'high-cost' consumer debt from charging compound interest
12th Nov 19, 9:31am
by Gareth Vaughan
1
Select committee recommends clauses be added to the Credit Contracts Legislation Amendment Bill prohibiting lenders peddling 'high-cost' consumer debt from charging compound interest
RBNZ's final bank capital review decisions out on December 5
The Reserve Bank will release the final decisions in its biggest ever review of banks' regulatory capital requirements on Thursday, December 5
11th Nov 19, 4:00pm
by Gareth Vaughan
6
The Reserve Bank will release the final decisions in its biggest ever review of banks' regulatory capital requirements on Thursday, December 5
New chairman for Kiwibank
Former ASB deputy chairman and experienced company director Jon Hartley set to succeed Susan Macken as Kiwibank chairman
8th Nov 19, 12:42pm
by Gareth Vaughan
21
Former ASB deputy chairman and experienced company director Jon Hartley set to succeed Susan Macken as Kiwibank chairman
BNZ's CFO details expected changes to RBNZ bank capital proposals
BNZ chief financial officer Peter MacGillivray hopeful of a couple of key changes to the RBNZ's proposals to increase banks' regulatory capital requirements when the final decisions are released in early December
8th Nov 19, 7:26am
by Gareth Vaughan
BNZ chief financial officer Peter MacGillivray hopeful of a couple of key changes to the RBNZ's proposals to increase banks' regulatory capital requirements when the final decisions are released in early December
'The obvious question is why such a business would want to have a physical presence in New Zealand at all'
Why a company with one employee in NZ providing foreign exchange services via an online platform licenced by a Bahamas company and operated from a Hong Kong server was unable to overturn an FMA decision to kick it off NZ's FSPR
7th Nov 19, 12:16pm
by Gareth Vaughan
10
Why a company with one employee in NZ providing foreign exchange services via an online platform licenced by a Bahamas company and operated from a Hong Kong server was unable to overturn an FMA decision to kick it off NZ's FSPR
BNZ annual profit slips but holds above $1 billion
BNZ September year profit drops $7 million as expenses increase at more than twice the pace of income and loan impairments rise
7th Nov 19, 10:26am
by Gareth Vaughan
19
BNZ September year profit drops $7 million as expenses increase at more than twice the pace of income and loan impairments rise
'It just feels to me that the whole world hasn't really worked out what the role of monetary policy is in this environment'
Westpac NZ CEO David McLean doubts further OCR cuts would stimulate the economy, doesn't offer an alternative suggestion but argues this is something we should be debating
6th Nov 19, 9:59am
by Gareth Vaughan
29
Westpac NZ CEO David McLean doubts further OCR cuts would stimulate the economy, doesn't offer an alternative suggestion but argues this is something we should be debating
Westpac waiting on final RBNZ capital decisions before doing major work on response
Westpac NZ CEO David McLean says the key question ahead of the final decisions in the RBNZ's bank capital review is how much protection does the New Zealand economy want to have
5th Nov 19, 9:47am
by Gareth Vaughan
3
Westpac NZ CEO David McLean says the key question ahead of the final decisions in the RBNZ's bank capital review is how much protection does the New Zealand economy want to have
Breakfast briefing: Risk on as trade deal hopes & US jobs report boost financial markets
The three major US stock indexes set record intraday highs, India pulls out of the Regional Comprehensive Economic Partnership, Aussie Treasurer Josh Frydenberg eases pressure on RBA
5th Nov 19, 7:24am
by Gareth Vaughan
46
The three major US stock indexes set record intraday highs, India pulls out of the Regional Comprehensive Economic Partnership, Aussie Treasurer Josh Frydenberg eases pressure on RBA
FXBTG Financial loses court appeal over FMA deregistration
FXBTG Financial Limited, the subject of a March interest.co.nz article, fails to have FMA directed removal from NZ's Financial Service Providers' Register overturned in court
4th Nov 19, 11:59am
by Gareth Vaughan
1
FXBTG Financial Limited, the subject of a March interest.co.nz article, fails to have FMA directed removal from NZ's Financial Service Providers' Register overturned in court
Westpac NZ ekes out small annual profit rise as parent unveils capital raise
Westpac New Zealand annual profit up 3% despite expense growth outstripping income growth as loan impairments improve and Paymark sale helps
4th Nov 19, 10:18am
by Gareth Vaughan
Westpac New Zealand annual profit up 3% despite expense growth outstripping income growth as loan impairments improve and Paymark sale helps
Five key takeaways from ANZ NZ's annual financial results day
Gareth Vaughan highlights five key takeaways from ANZ NZ as the country's biggest bank reports its annual results and its top brass speak out
4th Nov 19, 9:56am
by Gareth Vaughan
Gareth Vaughan highlights five key takeaways from ANZ NZ as the country's biggest bank reports its annual results and its top brass speak out
Breakfast briefing: China-US 'Phase 1' deal appears near; RBA expected to hold
China-US 'Phase One' trade deal appears near with RCEP kicked into 2020, RBA expected to hold cash rate at 0.75%, Saudi Arabian oil giant Aramco eyes share market float
4th Nov 19, 7:06am
by Gareth Vaughan
14
China-US 'Phase One' trade deal appears near with RCEP kicked into 2020, RBA expected to hold cash rate at 0.75%, Saudi Arabian oil giant Aramco eyes share market float
ANZ NZ has 'a really privileged position in the market and we have made mistakes'
Acting ANZ NZ CEO Antonia Watson acknowledges mistakes by the bank have contributed to a lengthy list of problems this year as it prepares to hold more capital to meet incoming RBNZ requirements
1st Nov 19, 7:14am
by Gareth Vaughan
5
Acting ANZ NZ CEO Antonia Watson acknowledges mistakes by the bank have contributed to a lengthy list of problems this year as it prepares to hold more capital to meet incoming RBNZ requirements
Breakfast briefing: Chinese cast doubts over comprehensive US trade deal
Chinese cast doubts comprehensive trade deal can be reached with the US, Hong Kong in recession, Indian farmers plan RCEP protests, relief eyed for Aussie SMEs
1st Nov 19, 7:09am
by Gareth Vaughan
28
Chinese cast doubts comprehensive trade deal can be reached with the US, Hong Kong in recession, Indian farmers plan RCEP protests, relief eyed for Aussie SMEs
MBIE says Cabinet approval for beefed up company beneficial ownership regime to be sought soon
Ministry of Business, Innovation & Employment to seek Cabinet approval soon for policy proposals that aim to improve the transparency of New Zealand company & limited partnership ownership
1st Nov 19, 6:00am
by Gareth Vaughan
4
Ministry of Business, Innovation & Employment to seek Cabinet approval soon for policy proposals that aim to improve the transparency of New Zealand company & limited partnership ownership
ANZ NZ annual profit drops 8% after 'challenging year reputationally'
ANZ NZ annual profit falls 8% from last year's record high with costs up 5% and income up 3% as credit impairments rise
31st Oct 19, 9:51am
by Gareth Vaughan
21
ANZ NZ annual profit falls 8% from last year's record high with costs up 5% and income up 3% as credit impairments rise
Breakfast briefing: US Fed cuts rates, Chile cancels APEC
US Fed cuts interest rates but hints they may now be unchanged for some time, Trump demand of China threatens trade war deal, Chile cancels APEC and UN climate change conference due to riots
31st Oct 19, 7:43am
by Gareth Vaughan
19
US Fed cuts interest rates but hints they may now be unchanged for some time, Trump demand of China threatens trade war deal, Chile cancels APEC and UN climate change conference due to riots
Harmoney raises $46.9m to help fund Aussie growth as private equity fund & unnamed insto take shareholdings
Online lender Harmoney raises almost $47 mln from Aussie private equity fund and 2 unnamed other investors to help fund lending growth in Australia
30th Oct 19, 10:51am
by Gareth Vaughan
Online lender Harmoney raises almost $47 mln from Aussie private equity fund and 2 unnamed other investors to help fund lending growth in Australia
Breakfast briefing: RBA Governor says negative interest rates 'extraordinarily unlikely'
RBA's Philip Lowe not keen on negative interest rates, US consumer confidence lower, low rates boost US housing, China's Xi Jin­ping keen on blockchain, Kiwi dollar at US63.5c
30th Oct 19, 7:20am
by Gareth Vaughan
26
RBA's Philip Lowe not keen on negative interest rates, US consumer confidence lower, low rates boost US housing, China's Xi Jin­ping keen on blockchain, Kiwi dollar at US63.5c
Litigation fund increase means FMA will be 'well-prepared to act as a proactive regulator'
Financial Markets Authority’s annual litigation budget being increased by $4 million to $6 million to boost its ability to strengthen enforcement capability
29th Oct 19, 11:55am
by Gareth Vaughan
Financial Markets Authority’s annual litigation budget being increased by $4 million to $6 million to boost its ability to strengthen enforcement capability
A show of contrition from ANZ NZ when it reports annual results would go down well
Gareth Vaughan details ANZ New Zealand's long list of faux pas from its annus horribilis and suggests a show of contrition from the bank's top brass would be a welcome step
26th Oct 19, 9:29am
by Gareth Vaughan
17
Gareth Vaughan details ANZ New Zealand's long list of faux pas from its annus horribilis and suggests a show of contrition from the bank's top brass would be a welcome step
CBA in the black, ANZ, NAB & Westpac in the red in terms of proposed capital requirements
Macquarie analysts weigh in with their take on the impact of APRA and RBNZ capital proposals on Australasia's big four banking groups
23rd Oct 19, 1:24pm
by Gareth Vaughan
Macquarie analysts weigh in with their take on the impact of APRA and RBNZ capital proposals on Australasia's big four banking groups
Assessing the success of, and the threats to, Afterpay & the buy now, pay later sector
Gareth Vaughan casts an eye over UBS research tomes on Afterpay and the buy now, pay later sector to get a feel for its success and the threats it faces
21st Oct 19, 9:48am
by Gareth Vaughan
1
Gareth Vaughan casts an eye over UBS research tomes on Afterpay and the buy now, pay later sector to get a feel for its success and the threats it faces
Tackling the too big to fail problem
Gareth Vaughan says the Reserve Bank's efforts to combat the too big to fail problem is a worthy aspect of its proposals to increase NZ banks' regulatory capital requirements
19th Oct 19, 10:02am
by Gareth Vaughan
34
Gareth Vaughan says the Reserve Bank's efforts to combat the too big to fail problem is a worthy aspect of its proposals to increase NZ banks' regulatory capital requirements