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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

Caralee McLiesh to succeed Gabriel Makhlouf as Treasury Secretary
State Services Commission names Caralee McLiesh, currently Managing Director at Technical and Further Education New South Wales, as New Zealand's new Treasury Secretary
25th Jun 19, 11:47am
by Gareth Vaughan
2
State Services Commission names Caralee McLiesh, currently Managing Director at Technical and Further Education New South Wales, as New Zealand's new Treasury Secretary
The UBS banking industrial revolution part 2; The glass half empty & the glass half full
UBS looks at why the banking sector's glass might be half empty or half full, and what bank bosses should do
25th Jun 19, 10:08am
by Gareth Vaughan
1
UBS looks at why the banking sector's glass might be half empty or half full, and what bank bosses should do
ANZ NZ capital modelling & director attestation to be independently reviewed
ANZ NZ's regulatory capital modelling and director attestation process to be independently reviewed after falling foul of RBNZ requirements
24th Jun 19, 9:59am
by Gareth Vaughan
21
ANZ NZ's regulatory capital modelling and director attestation process to be independently reviewed after falling foul of RBNZ requirements
What data will bank customers be able to ask to share through open banking?
As open banking in New Zealand slowly grinds into action, we look at what data of theirs banks' customers will be able to share with third parties
24th Jun 19, 9:44am
by Gareth Vaughan
As open banking in New Zealand slowly grinds into action, we look at what data of theirs banks' customers will be able to share with third parties
Banking's industrial revolution
In a major report UBS analysts argue a banking industrial revolution is underway with challenges from regulators, new competitors, customers and society's expectations
24th Jun 19, 9:40am
by Gareth Vaughan
In a major report UBS analysts argue a banking industrial revolution is underway with challenges from regulators, new competitors, customers and society's expectations
Stephen Jennings defending lawsuit related to alleged pre-determined Russian auction
Kiwi businessman and NZ Initiative director Stephen Jennings says claims he benefited from Kremlin abuses of the market system and the rule of law are misconceived and vexatious
21st Jun 19, 5:22pm
by Gareth Vaughan
Kiwi businessman and NZ Initiative director Stephen Jennings says claims he benefited from Kremlin abuses of the market system and the rule of law are misconceived and vexatious
Westpac NZ issues first green bond by a New Zealand bank
Westpac NZ borrows NZ$860 million through issue of five-year green bond with the proceeds to be used to help fund initiatives to combat climate change
20th Jun 19, 4:49pm
by Gareth Vaughan
2
Westpac NZ borrows NZ$860 million through issue of five-year green bond with the proceeds to be used to help fund initiatives to combat climate change
David Hisco's shock ANZ departure; Is there more to it than the bank claims?
The scale of departing ANZ NZ CEO David Hisco's public humiliation by his employer doesn't fit the crime he's said to have committed, Gareth Vaughan argues
18th Jun 19, 9:42am
by Gareth Vaughan
29
The scale of departing ANZ NZ CEO David Hisco's public humiliation by his employer doesn't fit the crime he's said to have committed, Gareth Vaughan argues
Dispute over charging bank for personal use of chauffeured cars & wine storage said to be at centre of Hisco's ANZ departure
ANZ NZ says David Hisco, its CEO of almost 9 years, is leaving due to 'ongoing health issues' and following an internal review of personal expenses; issues over tens of thousands of dollars of chauffeured car usage and wine storage
17th Jun 19, 10:04am
by Gareth Vaughan
83
ANZ NZ says David Hisco, its CEO of almost 9 years, is leaving due to 'ongoing health issues' and following an internal review of personal expenses; issues over tens of thousands of dollars of chauffeured car usage and wine storage
How much of a regulatory leg-up should financial services newcomers receive?
Afterpay falling foul of AUSTRAC highlights the regulatory challenges facing newcomers to the financial services sector, Gareth Vaughan says
14th Jun 19, 4:46pm
by Gareth Vaughan
Afterpay falling foul of AUSTRAC highlights the regulatory challenges facing newcomers to the financial services sector, Gareth Vaughan says
Juniper Research sees half world's population using digital wallets by 2024
Juniper Research estimates about four billion people will be using digital wallets by 2024, doing transactions worth more than US$9 trillion
13th Jun 19, 1:21pm
by Gareth Vaughan
Juniper Research estimates about four billion people will be using digital wallets by 2024, doing transactions worth more than US$9 trillion
A look at where open banking's at in the United Kingdom
Services enabled by open banking that are proving popular in the UK include aggregation services, personal financial management tools, credit checking, lending to small businesses and mortgages
13th Jun 19, 1:17pm
by Gareth Vaughan
Services enabled by open banking that are proving popular in the UK include aggregation services, personal financial management tools, credit checking, lending to small businesses and mortgages
Is the internal models bank capital approach & the director attestation regime fit for purpose?
Gareth Vaughan argues there are bigger issues at play behind ANZ NZ's censure by the RBNZ, well beyond calling for John Key to go as the bank's chairman
11th Jun 19, 3:27pm
by Gareth Vaughan
9
Gareth Vaughan argues there are bigger issues at play behind ANZ NZ's censure by the RBNZ, well beyond calling for John Key to go as the bank's chairman
Why did Federated Farmers press release quote NZBA CEO warning against RBNZ bank capital proposals?
Federated Farmers says its quoting of bank lobby group CEO warning of perceived cost of RBNZ bank capital proposals in press release on farmer banking survey was part of ensuring balance & right of reply
8th Jun 19, 9:12am
by Gareth Vaughan
4
Federated Farmers says its quoting of bank lobby group CEO warning of perceived cost of RBNZ bank capital proposals in press release on farmer banking survey was part of ensuring balance & right of reply
SBS Bank eyes opportunity in reverse mortgage market
CEO Shaun Drylie says SBS Bank's looking to assist with a gap in the market for reverse mortgages, which he expects there to be a growing need for in New Zealand
7th Jun 19, 5:00am
by Gareth Vaughan
9
CEO Shaun Drylie says SBS Bank's looking to assist with a gap in the market for reverse mortgages, which he expects there to be a growing need for in New Zealand
Average mortgage interest rate paid by farmers now 5.0%
Federated Farmers survey shows average farmer interest rates down 10 basis points in six months to May as proportion of farmers who say they feel undue pressure from their banks rises
6th Jun 19, 5:05pm
by Gareth Vaughan
Federated Farmers survey shows average farmer interest rates down 10 basis points in six months to May as proportion of farmers who say they feel undue pressure from their banks rises
SBS Bank boss sees 3% 'psychological barrier' for depositors
SBS Bank CEO Shaun Drylie hopeful the mutually owned building society will gain RBNZ approval for a Tier 1 capital instrument to help it meet the regulator's bank capital proposals
6th Jun 19, 5:00am
by Gareth Vaughan
5
SBS Bank CEO Shaun Drylie hopeful the mutually owned building society will gain RBNZ approval for a Tier 1 capital instrument to help it meet the regulator's bank capital proposals
'It’s better to have a tool and not need it, than need one and not have it'
RBNZ in the 'strong position' of having both further room to cut the Official Cash Rate and unconventional monetary policy tools if required, Assistant Governor Christian Hawkesby says
5th Jun 19, 3:44pm
by Gareth Vaughan
17
RBNZ in the 'strong position' of having both further room to cut the Official Cash Rate and unconventional monetary policy tools if required, Assistant Governor Christian Hawkesby says
Aussie banks' payments revenue under attack
Morgan Stanley analysts highlight threats to Australian banks' payments revenue, saying they must increase technology investment or risk becoming faceless utilities competing purely on price
5th Jun 19, 10:29am
by Gareth Vaughan
Morgan Stanley analysts highlight threats to Australian banks' payments revenue, saying they must increase technology investment or risk becoming faceless utilities competing purely on price
Kiwibank leads way in March quarter lending growth
Solid March quarter lending growth for both Kiwibank and TSB as several banks go backwards on the deposit front
4th Jun 19, 9:51am
by Gareth Vaughan
Solid March quarter lending growth for both Kiwibank and TSB as several banks go backwards on the deposit front
RBNZ's dashboard highlights big banks' profitability strength once again
New Zealand's big four banks deliver strong March quarter return on equity as profit surges, ANZ cuts dividend
4th Jun 19, 9:48am
by Gareth Vaughan
New Zealand's big four banks deliver strong March quarter return on equity as profit surges, ANZ cuts dividend
BNZ, the forex order gone wrong & the unintended position of more than $1b against the US dollar
BNZ says bug in a third-party foreign exchange trading platform in 2014 resulted in a forex trade replicating in error causing an unintended position of over $1 billion against US dollar for half an hour
1st Jun 19, 9:31am
by Gareth Vaughan
8
BNZ says bug in a third-party foreign exchange trading platform in 2014 resulted in a forex trade replicating in error causing an unintended position of over $1 billion against US dollar for half an hour
ANZ NZ CEO David Hisco takes extended sick leave
Retail and business banking managing director Antonia Watson takes helm as acting CEO at ANZ NZ as CEO David Hisco takes extended sick leave
30th May 19, 11:20am
by Gareth Vaughan
1
Retail and business banking managing director Antonia Watson takes helm as acting CEO at ANZ NZ as CEO David Hisco takes extended sick leave
Consultation nears for RBNZ & FMA regulation of financial market infrastructures
RBNZ says upgrades to its key financial market infrastructures ESAS and NZClear are behind schedule, won't commit to a new go-live date
30th May 19, 10:23am
by Gareth Vaughan
RBNZ says upgrades to its key financial market infrastructures ESAS and NZClear are behind schedule, won't commit to a new go-live date
Morgan Stanley analysts highlight Xero's payments potential
Xero has the opportunity to target the demand for SME lending that's not met by the major banks and leverage customer data for payments growth, Morgan Stanley analysts argue
30th May 19, 10:19am
by Gareth Vaughan
Xero has the opportunity to target the demand for SME lending that's not met by the major banks and leverage customer data for payments growth, Morgan Stanley analysts argue