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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 10 months

Latest articles

Should LVR restrictions apply to a broader range of lenders & a DTI tool be available to the RBNZ?
Phase two of RBNZ Act review raises the possibility of loan-to-value ratio restrictions being extended from banks to all lenders active in the residential mortgage market
9th Jul 19, 5:00am
by Gareth Vaughan
23
Phase two of RBNZ Act review raises the possibility of loan-to-value ratio restrictions being extended from banks to all lenders active in the residential mortgage market
Westpac NZ sticks with Mastercard as Kiwibank & ANZ NZ go with Visa
Mastercard New Zealand boss says 'watch this space' following the company's acquisition of point of sale financing provider Vyze
5th Jul 19, 9:43am
by Gareth Vaughan
Mastercard New Zealand boss says 'watch this space' following the company's acquisition of point of sale financing provider Vyze
ANZ NZ, between an RBNZ rock and a reputational hard place
Recent events remind Gareth Vaughan of a conversation several years ago with ex-ANZ NZ CEO David Hisco when he floated the idea of a Minister for ANZ...
4th Jul 19, 10:30am
by Gareth Vaughan
22
Recent events remind Gareth Vaughan of a conversation several years ago with ex-ANZ NZ CEO David Hisco when he floated the idea of a Minister for ANZ...
ANZ New Zealand's annus horribilis
As the bad news continues flowing out of ANZ New Zealand, we seek answers to some pertinent questions
2nd Jul 19, 7:28pm
by Gareth Vaughan
33
As the bad news continues flowing out of ANZ New Zealand, we seek answers to some pertinent questions
Visa launching buy now, pay later service
Visa unveils 'buy now, pay later service' noting instalment payment volumes have been growing twice as fast as credit card volumes
2nd Jul 19, 3:31pm
by Gareth Vaughan
3
Visa unveils 'buy now, pay later service' noting instalment payment volumes have been growing twice as fast as credit card volumes
Deposit protection seen as an 'important issue' for New Zealanders, but one with 'material' costs
Many New Zealanders believing their deposits are already protected against bank failure appears to be a factor in the government's plans to introduce a deposit protection regime
1st Jul 19, 4:30pm
by Gareth Vaughan
16
Many New Zealanders believing their deposits are already protected against bank failure appears to be a factor in the government's plans to introduce a deposit protection regime
RBNZ releases bank capital submissions but offers no formal response
RBNZ publishes submissions on its bank regulatory capital proposals and a summary of them, offers no specific response but highlights IMF, OECD and S&P comments on stronger bank capital
1st Jul 19, 2:49pm
by Gareth Vaughan
3
RBNZ publishes submissions on its bank regulatory capital proposals and a summary of them, offers no specific response but highlights IMF, OECD and S&P comments on stronger bank capital
UBS banking industrial revolution, - Part IV
In our final article on a UBS report on challenges facing the banking sector, we look at what the firm's analysts suggest banks should be doing to adapt
1st Jul 19, 10:06am
by Gareth Vaughan
In our final article on a UBS report on challenges facing the banking sector, we look at what the firm's analysts suggest banks should be doing to adapt
The UBS banking industrial revolution, - Part 3
Our third story on a UBS report on banking's industrial revolution looks at the impact of climate change, the gig economy, consumers controlling their own data, cyber security and more
27th Jun 19, 2:50pm
by Gareth Vaughan
Our third story on a UBS report on banking's industrial revolution looks at the impact of climate change, the gig economy, consumers controlling their own data, cyber security and more
NZCU Baywide loans nearly $4 mln to struggling Co-op Money NZ
Credit Union Baywide makes multi million dollar loan to Co-op Money NZ, the industry association for member owned credit unions and its key service provider
27th Jun 19, 2:28pm
by Gareth Vaughan
1
Credit Union Baywide makes multi million dollar loan to Co-op Money NZ, the industry association for member owned credit unions and its key service provider
RBNZ Deputy Governor warns of 'more intensive' & 'more intrusive' regulation
Deputy Governor Geoff Bascand signals shift in Reserve Bank regulatory approach to a more pro-active, more intensive and more intrusive one after recent shortcomings emerged at banks and insurers
27th Jun 19, 7:32am
by Gareth Vaughan
13
Deputy Governor Geoff Bascand signals shift in Reserve Bank regulatory approach to a more pro-active, more intensive and more intrusive one after recent shortcomings emerged at banks and insurers
Where would Facebook's Libra fit into NZ's AML requirements & other laws?
As Facebook spruiks Libra and the key global anti-money laundering overseer says virtual asset service providers must be regulated, what have NZ regulators got to say?
27th Jun 19, 5:00am
by Gareth Vaughan
5
As Facebook spruiks Libra and the key global anti-money laundering overseer says virtual asset service providers must be regulated, what have NZ regulators got to say?
Kiwibank reduces credit card interest rates
Kiwibank cuts credit card interest rates, dropping some below 10% for the first time as it announces new Visa deal at Mastercard's expense
26th Jun 19, 1:16pm
by Gareth Vaughan
17
Kiwibank cuts credit card interest rates, dropping some below 10% for the first time as it announces new Visa deal at Mastercard's expense
RBNZ expects Westpac NZ submission on rectifying capital misdemeanours this week
Whilst ANZ NZ hogs the bank capital misdeeds headlines, Westpac NZ is poised to deliver its response to the RBNZ after being caught out using unapproved capital models 2 years ago
26th Jun 19, 9:53am
by Gareth Vaughan
2
Whilst ANZ NZ hogs the bank capital misdeeds headlines, Westpac NZ is poised to deliver its response to the RBNZ after being caught out using unapproved capital models 2 years ago
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