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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

ANZ & CBA could use asset sale funds to meet proposed RBNZ capital requirement
Analysts crunch the numbers on how much capital the big 4 banks & Heartland would need to meet proposed new RBNZ capital requirements
18th Dec 18, 12:40pm
by Gareth Vaughan
Analysts crunch the numbers on how much capital the big 4 banks & Heartland would need to meet proposed new RBNZ capital requirements
New RBNZ bank capital proposals a victory for the NZ owned banks
Gareth Vaughan details how the RBNZ's proposals for NZ banks to hold more capital are a victory for the smaller NZ owned banks over their much bigger Aussie owned rivals
17th Dec 18, 5:14pm
by Gareth Vaughan
34
Gareth Vaughan details how the RBNZ's proposals for NZ banks to hold more capital are a victory for the smaller NZ owned banks over their much bigger Aussie owned rivals
A Christmas stocking capital surprise from the RBNZ
RBNZ capital proposals would see bank profits take a significant hit with billions of dollars worth of new Tier 1 capital required
17th Dec 18, 2:40pm
by Gareth Vaughan
RBNZ capital proposals would see bank profits take a significant hit with billions of dollars worth of new Tier 1 capital required
RBNZ details plans to narrow capital gap between big 4 & NZ owned banks
RBNZ wants big 4 banks to increase assets held to determine capital requirements to 90% of what other banks hold, up from 76%
17th Dec 18, 2:38pm
by Gareth Vaughan
RBNZ wants big 4 banks to increase assets held to determine capital requirements to 90% of what other banks hold, up from 76%
Roger Beaumont named new CEO of NZ Bankers' Association
Former ASB executive, and current Westpac Group executive, Roger Beaumont to take bank lobby group NZBA's helm next year
17th Dec 18, 1:25pm
by Gareth Vaughan
2
Former ASB executive, and current Westpac Group executive, Roger Beaumont to take bank lobby group NZBA's helm next year
ANZ says RBNZ capital proposals mean it would require $6b to $8b of new capital
The ANZ Banking Group says ANZ NZ would need up to NZ$8 bln of new capital to meet RBNZ's new bank capital proposals
17th Dec 18, 9:37am
by Gareth Vaughan
29
The ANZ Banking Group says ANZ NZ would need up to NZ$8 bln of new capital to meet RBNZ's new bank capital proposals
Credit card providers should 'charge fees that are fair and reasonable'
Credit card users should take advantage of low-interest cards, balance-transfer deals & interest-free periods, Commerce & Consumer Affairs Minister Kris Faafoi says
17th Dec 18, 5:00am
by Gareth Vaughan
14
Credit card users should take advantage of low-interest cards, balance-transfer deals & interest-free periods, Commerce & Consumer Affairs Minister Kris Faafoi says
RBNZ eyes major increase in bank capital requirements
RBNZ proposes significant increase in bank capital requirements that will eat up 70% of the sector's profits over 5 years but only have a 'minor impact' on borrowers
14th Dec 18, 1:26pm
by Gareth Vaughan
52
RBNZ proposes significant increase in bank capital requirements that will eat up 70% of the sector's profits over 5 years but only have a 'minor impact' on borrowers
'No evidence' big Aussie banks recovering levy via mortgage pricing
As Shane Jones pushes for a bank levy to support regional NZ banking services, ACCC report says Aussie bank levy costs not being passed on to mortgage borrowers
13th Dec 18, 10:38am
by Gareth Vaughan
As Shane Jones pushes for a bank levy to support regional NZ banking services, ACCC report says Aussie bank levy costs not being passed on to mortgage borrowers
Big 4 banks' 2018 profit up $433 million, dividends down $35 million
New Zealand's Australian owned banks paid the equivalent of 66% of their $5.128 billion annual profit in dividends to their parents
13th Dec 18, 10:03am
by Gareth Vaughan
New Zealand's Australian owned banks paid the equivalent of 66% of their $5.128 billion annual profit in dividends to their parents
Agriculture sector debt in 10 charts and tables
A government Farm Debt Mediation Bill would be 'a useful tool in the tool kit' Federated Farmers says as farmers' satisfaction with their banks drops
12th Dec 18, 10:13am
by Gareth Vaughan
18
A government Farm Debt Mediation Bill would be 'a useful tool in the tool kit' Federated Farmers says as farmers' satisfaction with their banks drops
Bank boss calls for competition probe into credit card market
Credit card market 'a real area of customer harm', says The Co-operative Bank's CEO David Cunningham
11th Dec 18, 5:00am
by Gareth Vaughan
34
Credit card market 'a real area of customer harm', says The Co-operative Bank's CEO David Cunningham
Co-op Bank looks at 'left field' pay incentive options including 'learn to earn'
CEO David Cunningham says The Co-operative Bank is working on alternative incentive options for staff after FMA told banks 'thou shalt not have sales incentives'
7th Dec 18, 12:12pm
by Gareth Vaughan
CEO David Cunningham says The Co-operative Bank is working on alternative incentive options for staff after FMA told banks 'thou shalt not have sales incentives'
'Risk of the credit squeeze turning into a credit crunch is real & rising'
Aussie Royal Commission tipped to recommend remuneration overhaul as FMA gives views on how banks should pay mobile mortgage mangers & mortgage brokers in NZ
7th Dec 18, 12:07pm
by Gareth Vaughan
Aussie Royal Commission tipped to recommend remuneration overhaul as FMA gives views on how banks should pay mobile mortgage mangers & mortgage brokers in NZ
'Sub-4% mortgage interest rates possibly the generational low'
Co-operative Bank CEO David Cunningham says sub-4% home loan rates unsustainable unless deposit rates fall about 50 basis points
6th Dec 18, 10:09am
by Gareth Vaughan
29
Co-operative Bank CEO David Cunningham says sub-4% home loan rates unsustainable unless deposit rates fall about 50 basis points
Scale of crime spree by NZ shell companies peddled by Taylors detailed
From North Korean gun running to El Chapo's drugs cartel; New Zealand Police have received more than 350 criminal investigation enquiries about NZ companies the notorious Taylors established 
6th Dec 18, 5:00am
by Gareth Vaughan
9
From North Korean gun running to El Chapo's drugs cartel; New Zealand Police have received more than 350 criminal investigation enquiries about NZ companies the notorious Taylors established 
First Credit Union steps into credit union insurance void
First Credit Union's First Insurance to offer insurance via other NZ credit unions after Co-op Money sells its insurance operations
5th Dec 18, 9:35am
by Gareth Vaughan
First Credit Union's First Insurance to offer insurance via other NZ credit unions after Co-op Money sells its insurance operations
Steady financial quarter for the smaller banks
Co-op Bank, SBS, TSB, Heartland and Rabobank all deliver lending and deposit growth in the September quarter
4th Dec 18, 3:30pm
by Gareth Vaughan
Co-op Bank, SBS, TSB, Heartland and Rabobank all deliver lending and deposit growth in the September quarter
'We conclude that more capital is better'
Governor Adrian Orr says RBNZ to impose capital standards on banks that match the public’s risk tolerance
30th Nov 18, 2:24pm
by Gareth Vaughan
23
Governor Adrian Orr says RBNZ to impose capital standards on banks that match the public’s risk tolerance
Bank capital 'the number one safety valve for citizens of a country'
Higher bank capital requirements are necessary, RBNZ Governor Adrian Orr says, with big four banks' use of internal capital models to be constrained
30th Nov 18, 12:47pm
by Gareth Vaughan
Higher bank capital requirements are necessary, RBNZ Governor Adrian Orr says, with big four banks' use of internal capital models to be constrained
Ten key charts and tables from the RBNZ's Financial Stability Report
A 325% debt-to-disposable income ratio, household debt growing at a more sustainable rate, horticulture lending being monitored, eye watering life insurance commissions & more from the RBNZ's FSR
29th Nov 18, 12:00pm
by Gareth Vaughan
27
A 325% debt-to-disposable income ratio, household debt growing at a more sustainable rate, horticulture lending being monitored, eye watering life insurance commissions & more from the RBNZ's FSR
'Complex and complicated' issues in focus as final TWG report nears
Tax Working Group members Craig Elliffe and Robin Oliver discuss the challenges of creating a comprehensive Capital Gains Tax that excludes the family home
29th Nov 18, 5:00am
by Gareth Vaughan
77
Tax Working Group members Craig Elliffe and Robin Oliver discuss the challenges of creating a comprehensive Capital Gains Tax that excludes the family home
Independent director Richard Westlake new Co-op Money chairman
Massey University's Claire Matthews steps down as chairman of beleaguered credit union industry association Co-op Money
28th Nov 18, 7:45am
by Gareth Vaughan
2
Massey University's Claire Matthews steps down as chairman of beleaguered credit union industry association Co-op Money
The ANZ, ASB, BNZ & Westpac profit machines continue on their merry way
New Zealand's big four banks continue world-class profitability across a range of key measures
27th Nov 18, 5:32pm
by Gareth Vaughan
1
New Zealand's big four banks continue world-class profitability across a range of key measures
Four things to look for in the Reserve Bank's Financial Stability Report
LVRs, bank capital review, dashboard plans and credit union struggles; Four things to keep an eye out for in the RBNZ's Financial Stability Report on Wednesday
26th Nov 18, 9:41am
by Gareth Vaughan
LVRs, bank capital review, dashboard plans and credit union struggles; Four things to keep an eye out for in the RBNZ's Financial Stability Report on Wednesday