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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

BNZ boss eyes ongoing housing market growth as ANZ rival sees quiet market
ANZ NZ CEO David Hisco says Auckland housing market may be in 7-8 year period where it does nothing, as BNZ rival Angela Mentis eyes continued growth of housing lending market share
4th May 19, 10:02am
by Gareth Vaughan
34
ANZ NZ CEO David Hisco says Auckland housing market may be in 7-8 year period where it does nothing, as BNZ rival Angela Mentis eyes continued growth of housing lending market share
If RBNZ capital proposals go ahead BNZ will need to be 'incredibly disciplined about what business we do'
CEO Angela Mentis says if RBNZ capital proposals go ahead BNZ will have to be 'incredibly disciplined about what business we do'
3rd May 19, 9:33am
by Gareth Vaughan
6
CEO Angela Mentis says if RBNZ capital proposals go ahead BNZ will have to be 'incredibly disciplined about what business we do'
'What do kiwis want to pay for an insurance policy to protect against a 1-in-200 year event?'
ANZ NZ CEO David Hisco suggests RBNZ's capital proposals would saddle New Zealanders with an additional $2.4 billion of costs per annum
3rd May 19, 9:30am
by Gareth Vaughan
11
ANZ NZ CEO David Hisco suggests RBNZ's capital proposals would saddle New Zealanders with an additional $2.4 billion of costs per annum
Net interest margin rise helps BNZ to record interim profit, as bank touts mortgage growth
BNZ posts 12% increase in interim profit to $550 mln with income up and expenses & bad debts both falling. Parent NAB says BNZ may need to 'reprice and/or reduce' lending to meet RBNZ capital proposals
2nd May 19, 10:35am
by Gareth Vaughan
1
BNZ posts 12% increase in interim profit to $550 mln with income up and expenses & bad debts both falling. Parent NAB says BNZ may need to 'reprice and/or reduce' lending to meet RBNZ capital proposals
ANZ's Shayne Elliott flags concerns about RBNZ capital proposals
ANZ Group CEO Shayne Elliott says bank can't expect its shareholders to 'unreasonably subsidise' its ambitions in New Zealand if changes to bank regulatory capital requirements are onerous
2nd May 19, 5:00am
by Gareth Vaughan
14
ANZ Group CEO Shayne Elliott says bank can't expect its shareholders to 'unreasonably subsidise' its ambitions in New Zealand if changes to bank regulatory capital requirements are onerous
ANZ NZ half-year profit falls despite higher income, lower expenses & lower bad debts
ANZ NZ half-year net profit after tax drops 4% from last year's record high despite higher income and lower expenses and loan impairments more than halving
1st May 19, 9:55am
by Gareth Vaughan
9
ANZ NZ half-year net profit after tax drops 4% from last year's record high despite higher income and lower expenses and loan impairments more than halving
Time for banks to cut floating mortgage rates
Gareth Vaughan questions whether banks' floating mortgage interest rates can be justified in a low interest rate world
30th Apr 19, 5:05pm
by Gareth Vaughan
5
Gareth Vaughan questions whether banks' floating mortgage interest rates can be justified in a low interest rate world
RBNZ capital proposals threaten serious disruption to big bank shareholders' halcyon days
Gareth Vaughan argues the RBNZ's proposals to increase bank capital requirements could be good for both NZ banking competition and NZ taxpayers
30th Apr 19, 5:00am
by Gareth Vaughan
42
Gareth Vaughan argues the RBNZ's proposals to increase bank capital requirements could be good for both NZ banking competition and NZ taxpayers
NZ Police, Samoan central bank warn of 'Hybrid Ponzi-Pyramid Scheme'
Central Bank of Samoa warns of 'Hybrid Ponzi-Pyramid Scheme' involving cryptocurrency OneCoin after receiving report from NZ Police
26th Apr 19, 10:10am
by Gareth Vaughan
1
Central Bank of Samoa warns of 'Hybrid Ponzi-Pyramid Scheme' involving cryptocurrency OneCoin after receiving report from NZ Police
Tall Blacks' sponsor faces being cleaned out from NZ's Financial Service Providers' Register
Security Placements Holding, a media shy unlicensed New Zealand registered provider of online derivatives services, set to be caught by changes to the Financial Service Providers' Register
25th Apr 19, 9:31am
by Gareth Vaughan
1
Security Placements Holding, a media shy unlicensed New Zealand registered provider of online derivatives services, set to be caught by changes to the Financial Service Providers' Register
RBNZ capital proposals 'not going to be a difficult task' for big 4 banks
Credit rating agency Fitch says ANZ NZ, ASB, BNZ and Westpac NZ 'won't need to do anything extraordinary' to meet RBNZ's proposed increased capital requirements
24th Apr 19, 5:00am
by Gareth Vaughan
2
Credit rating agency Fitch says ANZ NZ, ASB, BNZ and Westpac NZ 'won't need to do anything extraordinary' to meet RBNZ's proposed increased capital requirements
Non-banks see mortgage opportunity through RBNZ capital proposals
Reserve Bank proposals to increase bank capital requirements seen creating residential mortgage market opportunity for non-bank lenders
23rd Apr 19, 5:00am
by Gareth Vaughan
6
Reserve Bank proposals to increase bank capital requirements seen creating residential mortgage market opportunity for non-bank lenders
Taxing landbankers & tax breaks for infrastructure investors still on the table
Government tasks Productivity Commission with exploring options for taxing vacant land, to prioritise work on ways to encourage investment in significant infrastructure projects
17th Apr 19, 2:52pm
by Gareth Vaughan
17
Government tasks Productivity Commission with exploring options for taxing vacant land, to prioritise work on ways to encourage investment in significant infrastructure projects
The only explanation that 'really ties the whole thing together'
ANZ's global chief economist sees technology contributing to the suppression of wage growth, but the relationship between technology and productivity as more complicated
14th Apr 19, 6:02am
by Gareth Vaughan
13
ANZ's global chief economist sees technology contributing to the suppression of wage growth, but the relationship between technology and productivity as more complicated
Big win for FMA in potential Ross Asset Management action against ANZ
Supreme Court potentially paves the way for the FMA to take action against ANZ on behalf of Ross Asset Management investors. FMA 'pleased', ANZ 'disappointed'
12th Apr 19, 12:01pm
by Gareth Vaughan
2
Supreme Court potentially paves the way for the FMA to take action against ANZ on behalf of Ross Asset Management investors. FMA 'pleased', ANZ 'disappointed'
S&P 'vigilant' about open banking's potential impact on bank credit ratings
S&P closely watching how open banking could impact the competitive dynamics for banks and potentially their credit ratings
12th Apr 19, 9:53am
by Gareth Vaughan
S&P closely watching how open banking could impact the competitive dynamics for banks and potentially their credit ratings
RBNZ details proposed 'too big to fail' bank framework
The RBNZ proposes to designate ANZ, ASB, BNZ and Westpac as systemically important banks meaning they'd have capital requirements above and beyond other banks
11th Apr 19, 1:47pm
by Gareth Vaughan
9
The RBNZ proposes to designate ANZ, ASB, BNZ and Westpac as systemically important banks meaning they'd have capital requirements above and beyond other banks
Banks grapple with the sea-change of removing pay incentives linked to sales
Bank CEO says meeting new regulatory requirements by removing pay incentives linked to sales resulted in an initial drop in sales of up to 20%
10th Apr 19, 5:34pm
by Gareth Vaughan
Bank CEO says meeting new regulatory requirements by removing pay incentives linked to sales resulted in an initial drop in sales of up to 20%
Two internal appointments to RBNZ's senior management team
The Reserve Bank names Yuong Ha its new Chief Economist and Vanessa Rayner Head of Financial Markets
9th Apr 19, 11:17am
by Gareth Vaughan
The Reserve Bank names Yuong Ha its new Chief Economist and Vanessa Rayner Head of Financial Markets
'Monetary policy has done everything it can and fiscal policy hasn't done much'
Kiwibank chief economist Jarrod Kerr says as central banks continue grappling with the impacts of the Global Financial Crisis, governments could be doing more to help
8th Apr 19, 12:14pm
by Gareth Vaughan
24
Kiwibank chief economist Jarrod Kerr says as central banks continue grappling with the impacts of the Global Financial Crisis, governments could be doing more to help
FMA boss shreds Milton Friedman's principle of shareholder primacy
Financial Markets Authority CEO Rob Everett says regulators and the law should reflect the expectations and needs of society and the goalposts are shifting
8th Apr 19, 10:59am
by Gareth Vaughan
17
Financial Markets Authority CEO Rob Everett says regulators and the law should reflect the expectations and needs of society and the goalposts are shifting
How RBNZ made its assumption NZ's not prepared to tolerate a banking crisis more than once every 200 years
Social impacts of banking crises a relevant consideration for bank capital policy, RBNZ background paper on proposals to increase bank capital requirements says
5th Apr 19, 5:00am
by Gareth Vaughan
15
Social impacts of banking crises a relevant consideration for bank capital policy, RBNZ background paper on proposals to increase bank capital requirements says
ANZ economists 'object strongly' to suggestions their Business Outlook Survey is misleading
ANZ's chief economist Sharon Zollner and her predecessor Cameron Bagrie hit back at criticism of the bank's Business Outlook Survey from Rodney Dickens
4th Apr 19, 11:01am
by Gareth Vaughan
6
ANZ's chief economist Sharon Zollner and her predecessor Cameron Bagrie hit back at criticism of the bank's Business Outlook Survey from Rodney Dickens
Silence from rivals deafening as Kiwibank gets aggressive with 5yr mortgage rate
Kiwibank says it's 'front running' potential OCR cuts with its aggressive five year mortgage rate and offering borrowers certainty
3rd Apr 19, 6:02pm
by Gareth Vaughan
4
Kiwibank says it's 'front running' potential OCR cuts with its aggressive five year mortgage rate and offering borrowers certainty
Insider gets top Commerce Commission job
Anna Rawlings, a commissioner at the Commerce Commission since 2014, to succeed departing chairman Mark Berry
2nd Apr 19, 11:01am
by Gareth Vaughan
Anna Rawlings, a commissioner at the Commerce Commission since 2014, to succeed departing chairman Mark Berry