Gareth Vaughan | interest.co.nz

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 8 months

Latest articles

RBNZ invites Treasury Secretary to observe monetary policy meetings

Treasury's Gabriel Makhlouf accepts invitation from RBNZ's Adrian Orr to 'deepen his understanding of the process leading into a monetary policy decision'

16th Oct 18, 3:32pm

by Gareth Vaughan

Treasury's Gabriel Makhlouf accepts invitation from RBNZ's Adrian Orr to 'deepen his understanding of the process leading into a monetary policy decision'

'It's an anachronism to have us be taxed'

The NZ Super Fund, eyeing Auckland's proposed light rail network, wants a nationally significant infrastructure regime to 'level the playing field' for mobile international capital

14th Oct 18, 9:16am

by Gareth Vaughan

The NZ Super Fund, eyeing Auckland's proposed light rail network, wants a nationally significant infrastructure regime to 'level the playing field' for mobile international capital

'I'm not trying to freak everybody out'

The NZ Super Fund's Matt Whineray on explaining the difference between volatility and risk, the Fund's focus on equities & not being forced to sell

13th Oct 18, 10:16am

by Gareth Vaughan

The NZ Super Fund's Matt Whineray on explaining the difference between volatility and risk, the Fund's focus on equities & not being forced to sell

'You will be targeted, there's no question about it'

Anyone can fall victim at any time to a fraudulent con, you don't have to be silly, says the Commission for Financial Capability's fraud education manager Bronwyn Groot

13th Oct 18, 9:16am

by Gareth Vaughan

Anyone can fall victim at any time to a fraudulent con, you don't have to be silly, says the Commission for Financial Capability's fraud education manager Bronwyn Groot

'The crypto ideological utopia is a libertarian dream'

'Dr Doom' Nouriel Roubini attacks cryptocurrencies as 'the mother and father of all scams and bubbles,' & labels blockchain 'the most overhyped technology ever'

12th Oct 18, 2:00pm

by Gareth Vaughan

'Dr Doom' Nouriel Roubini attacks cryptocurrencies as 'the mother and father of all scams and bubbles,' & labels blockchain 'the most overhyped technology ever'

'Very limited evidence of harm from them to date'

Interest-free 'buy now pay later' products such as Afterpay, PartPay, Laybuy and Oxipay, to remain outside the CCCFA, MBIE says

12th Oct 18, 10:58am

by Gareth Vaughan

Interest-free 'buy now pay later' products such as Afterpay, PartPay, Laybuy and Oxipay, to remain outside the CCCFA, MBIE says

Govt to cap the total interest & fees 'high-cost' lenders can charge

Loan shark crackdown includes interest & fee caps, fit & proper person test and tougher penalties, Commerce & Consumer Affairs Minister Kris Faafoi says

10th Oct 18, 10:10am

by Gareth Vaughan

Loan shark crackdown includes interest & fee caps, fit & proper person test and tougher penalties, Commerce & Consumer Affairs Minister Kris Faafoi says

FMA increases focus on KiwiSaver fees

Amid growing frustration at the continuing increase in KiwiSaver fees, the FMA plans a data-driven analytical review of fees

9th Oct 18, 2:00pm

by Gareth Vaughan

Amid growing frustration at the continuing increase in KiwiSaver fees, the FMA plans a data-driven analytical review of fees

Are foreign currency conversion fees reasonable?

Australian consumers are getting an inquiry into 'excessive' foreign currency conversion fees, so could their New Zealand counterparts also get one?

8th Oct 18, 12:17pm

by Gareth Vaughan

Australian consumers are getting an inquiry into 'excessive' foreign currency conversion fees, so could their New Zealand counterparts also get one?

RBNZ seeking ideas on bank conduct metrics for its Dashboard

Head of prudential supervision & self proclaimed arborist Toby Fiennes says RBNZ may add bank conduct metrics & individual bank stress test results to its Dashboard

7th Oct 18, 7:02am

by Gareth Vaughan

Head of prudential supervision & self proclaimed arborist Toby Fiennes says RBNZ may add bank conduct metrics & individual bank stress test results to its Dashboard

Pacific Eagle Capital cops slap on wrist with wet bus ticket

Offshore operating NZ building society Pacific Eagle Capital, formerly General Equity Building Society, gets FMA infringement notice and $7,500 fine

5th Oct 18, 12:02pm

by Gareth Vaughan

Offshore operating NZ building society Pacific Eagle Capital, formerly General Equity Building Society, gets FMA infringement notice and $7,500 fine

The RBNZ's cumulative $26.7 mln of under-spending

The Reserve Bank has spent $26.7 mln less over three years than its government funding deal allows, acknowledges bank conduct & culture review outside its remit

3rd Oct 18, 3:28pm

by Gareth Vaughan

The Reserve Bank has spent $26.7 mln less over three years than its government funding deal allows, acknowledges bank conduct & culture review outside its remit

Non-bank lenders growing home lending strongly

Reserve Bank data shows non-bank financial institutions growing housing and consumer lending strongly

2nd Oct 18, 2:12pm

by Gareth Vaughan

Reserve Bank data shows non-bank financial institutions growing housing and consumer lending strongly

Royal Commission addresses why & what now, not penalties

Aussie Royal Commission says bad conduct driven by pursuit of short-term profit at expense of basic standards of honesty. Bank shares rise despite 'day of shame'

28th Sep 18, 5:27pm

by Gareth Vaughan

Aussie Royal Commission says bad conduct driven by pursuit of short-term profit at expense of basic standards of honesty. Bank shares rise despite 'day of shame'

Financial Stability Board hails progress of task force it established to promote climate change-related financial disclosure

28th Sep 18, 4:38pm

by Gareth Vaughan

Financial Stability Board hails progress of task force it established to promote climate change-related financial disclosure

Worldclear 'resolving matters' with Global Fidelity Bank

Cayman Islands bank seeks its money back from New Zealand financial services provider and affiliated NZ company

28th Sep 18, 5:00am

by Gareth Vaughan

Cayman Islands bank seeks its money back from New Zealand financial services provider and affiliated NZ company

Govt seeking to 'progress open banking options for NZ consumers'

Commerce & Consumer Affairs Minister Kris Faafoi off to Sydney to talk open banking as he mulls whether there's a govt role in 'opening up NZ’s banking regime further'

27th Sep 18, 4:50pm

by Gareth Vaughan

Commerce & Consumer Affairs Minister Kris Faafoi off to Sydney to talk open banking as he mulls whether there's a govt role in 'opening up NZ’s banking regime further'

First Credit Union eyes sale of Co-op Money capital notes

First Credit Union seeking $5.4 million repayment for Co-op Money base capital notes

27th Sep 18, 3:06pm

by Gareth Vaughan

First Credit Union seeking $5.4 million repayment for Co-op Money base capital notes

What to expect from the Australian Royal Commission's interim report

Morgan Stanley analysts detail the possible scenarios that'll feature in the interim report from Australia's Royal Commission

27th Sep 18, 9:39am

by Gareth Vaughan

Morgan Stanley analysts detail the possible scenarios that'll feature in the interim report from Australia's Royal Commission

NZ's August trade deficit widest monthly deficit on record

August trade deficit driven to record high by rising costs of crude oil and diesel imports

26th Sep 18, 1:02pm

by Gareth Vaughan

August trade deficit driven to record high by rising costs of crude oil and diesel imports

'Commissions are a remuneration tool'

Financial Advice New Zealand rejects concerns about mortgage broker commissions raised by Consumer NZ in wake of Aussie Royal Commission

26th Sep 18, 7:19am

by Gareth Vaughan

Financial Advice New Zealand rejects concerns about mortgage broker commissions raised by Consumer NZ in wake of Aussie Royal Commission

New Zealand compared to Estonia & Georgia in fintech report

Bank for International Settlements highlights the dominance of consumer lending in New Zealand fintech sector

25th Sep 18, 2:02pm

by Gareth Vaughan

Bank for International Settlements highlights the dominance of consumer lending in New Zealand fintech sector

Tax and short-term politics

Chairman Michael Cullen says the Tax Working Group will be as detailed as possible to combat political attacks through 'mischief by misrepresentation'

24th Sep 18, 2:22pm

by Gareth Vaughan

Chairman Michael Cullen says the Tax Working Group will be as detailed as possible to combat political attacks through 'mischief by misrepresentation'

Extending taxation of capital income 'not a foregone conclusion at this point at all'

Tax Working Group Chairman Michael Cullen on taxing capital gains, environmental taxes, incentives for retirement savings & applying GST to financial services

22nd Sep 18, 5:00am

by Gareth Vaughan

Tax Working Group Chairman Michael Cullen on taxing capital gains, environmental taxes, incentives for retirement savings & applying GST to financial services

Ombudsman eyes first increase to customer claim limit in 12 years

Banking Ombudsman Scheme working on sector-wide complaints data system as it mulls increasing the limit on customer claims to $350,000

21st Sep 18, 5:00am

by Gareth Vaughan

Banking Ombudsman Scheme working on sector-wide complaints data system as it mulls increasing the limit on customer claims to $350,000