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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

Kiwibank annual profit bounces back
Kiwibank annual profit rebounds after last year's IT hit as net interest margin rises, disharmony between shareholders 'over a historical issue' bubbles to surface
24th Aug 18, 10:24am
by Gareth Vaughan
1
Kiwibank annual profit rebounds after last year's IT hit as net interest margin rises, disharmony between shareholders 'over a historical issue' bubbles to surface
FlexiGroup defends how its credit cards are obtained after fraud case
How a thief was able to have a new FlexiGroup Q Mastercard issued in someone else's name after stealing their wallet
23rd Aug 18, 5:00am
by Gareth Vaughan
2
How a thief was able to have a new FlexiGroup Q Mastercard issued in someone else's name after stealing their wallet
ANZ NZ's $3.8 bln dividends explained
ANZ NZ posts 11% increase in June quarter unaudited profit with net interest margin steady and return on equity higher
20th Aug 18, 2:56pm
by Gareth Vaughan
ANZ NZ posts 11% increase in June quarter unaudited profit with net interest margin steady and return on equity higher
ANZ NZ residential mortgage lending up 2.34% in June quarter
ANZ NZ grew lending across the board in the June quarter with residential mortgage lending increasing almost $1.7 billion
20th Aug 18, 2:54pm
by Gareth Vaughan
1
ANZ NZ grew lending across the board in the June quarter with residential mortgage lending increasing almost $1.7 billion
Kiwibank cuts one-year mortgage rate
Kiwibank drops one-year 'special' mortgage rate to equal lowest advertised rate for the term from a bank
17th Aug 18, 12:23pm
by Gareth Vaughan
28
Kiwibank drops one-year 'special' mortgage rate to equal lowest advertised rate for the term from a bank
This week's Top 10
Gareth Vaughan on when climate change was almost stopped, the theft of the century, debt piled on your children's children, tech bubbles, easy debt and a declining ability to think long-term & more
17th Aug 18, 10:04am
by Gareth Vaughan
16
Gareth Vaughan on when climate change was almost stopped, the theft of the century, debt piled on your children's children, tech bubbles, easy debt and a declining ability to think long-term & more
Westpac giveth to borrowers & taketh from savers
Westpac NZ cuts five-year mortgage rate giving it the lowest advertised rate for that term from a bank, also cuts savings rates
17th Aug 18, 9:46am
by Gareth Vaughan
70
Westpac NZ cuts five-year mortgage rate giving it the lowest advertised rate for that term from a bank, also cuts savings rates
Heartland's reverse mortgage regulatory capital free-pass in Australia
Heartland Bank restructure will leave burgeoning Australian reverse mortgage business free of regulatory capital requirement rules on either side of the Tasman
16th Aug 18, 1:05pm
by Gareth Vaughan
3
Heartland Bank restructure will leave burgeoning Australian reverse mortgage business free of regulatory capital requirement rules on either side of the Tasman
NZ population pushes towards 5 million
New Zealand has added the equivalent of the population of the Waikato region since 2013 with net migration the main driver, Statistics NZ says
14th Aug 18, 11:07am
by Gareth Vaughan
39
New Zealand has added the equivalent of the population of the Waikato region since 2013 with net migration the main driver, Statistics NZ says
China only other country where Rabobank has to hold data separately within the jurisdiction
Rabobank NZ, whose governance is now under the spotlight, told the RBNZ 3 years ago it would be the most adversely affected bank by extension of outsourcing policy
13th Aug 18, 2:54pm
by Gareth Vaughan
Rabobank NZ, whose governance is now under the spotlight, told the RBNZ 3 years ago it would be the most adversely affected bank by extension of outsourcing policy
ASB not seeing weak business confidence impacting activity
CEO Vittoria Shortt says ASB not seeing weak business confidence transferring to actual economic activity, doesn't expect FMA & RBNZ to turn up systemic issues
9th Aug 18, 11:19am
by Gareth Vaughan
CEO Vittoria Shortt says ASB not seeing weak business confidence transferring to actual economic activity, doesn't expect FMA & RBNZ to turn up systemic issues
NZ bank bosses won't be losing sleep over P2P lending
Gareth Vaughan conducts a stocktake on just how involved retail investors are in NZ peer-to-peer lending, checking to see if banks are in danger of being disintermediated
9th Aug 18, 5:00am
by Gareth Vaughan
6
Gareth Vaughan conducts a stocktake on just how involved retail investors are in NZ peer-to-peer lending, checking to see if banks are in danger of being disintermediated
ASB annual profit rises 10% as net interest margin increases
The ASB profit machine marches on with June year net profit up 10% to $1.177 bln, net interest margin, return on equity & parent CBA's dividends all up
8th Aug 18, 10:08am
by Gareth Vaughan
19
The ASB profit machine marches on with June year net profit up 10% to $1.177 bln, net interest margin, return on equity & parent CBA's dividends all up
RBNZ orders independent review of Rabobank NZ's governance
Rabobank NZ says it operates with 'completely appropriate independence' from sister bank Rabobank Australia and its Dutch parent as concerns are raised
8th Aug 18, 5:00am
by Gareth Vaughan
4
Rabobank NZ says it operates with 'completely appropriate independence' from sister bank Rabobank Australia and its Dutch parent as concerns are raised
A Principal Integrity Officer for banks?
Australian Productivity Commission proposes a formal, accountable reporting line to bank board and regulator putting substance to banks' marketing claim they put customers first
7th Aug 18, 10:40am
by Gareth Vaughan
5
Australian Productivity Commission proposes a formal, accountable reporting line to bank board and regulator putting substance to banks' marketing claim they put customers first
New Kiwibank CEO looks forward to 'wing tip to wing tip' banking
Kiwibank's new boss Steve Jurkovich sets out 'to win in a uniquely kiwi way' as he takes the reins at the state owned bank
7th Aug 18, 5:00am
by Gareth Vaughan
11
Kiwibank's new boss Steve Jurkovich sets out 'to win in a uniquely kiwi way' as he takes the reins at the state owned bank
Heartland acts to remove RBNZ restraints on reverse mortgage growth
Heartland Bank eyes restructure to help enable ongoing secured funding for its fast growing Australian reverse mortgages business
4th Aug 18, 10:01am
by Gareth Vaughan
46
Heartland Bank eyes restructure to help enable ongoing secured funding for its fast growing Australian reverse mortgages business
NZ's major banks not following parents' ATM lead
New Zealand's big four banks don't appear to be following in their Aussie parents' footsteps when it comes to ATMs
3rd Aug 18, 12:42pm
by Gareth Vaughan
New Zealand's big four banks don't appear to be following in their Aussie parents' footsteps when it comes to ATMs
This week's Top 10
Gareth Vaughan on the Lucky Country's luck running out, Jack Ma's giant ant, the ANZ-ING frozen funds revisited, Manafort & America's kleptocracy problem, goooal & more
3rd Aug 18, 9:59am
by Gareth Vaughan
20
Gareth Vaughan on the Lucky Country's luck running out, Jack Ma's giant ant, the ANZ-ING frozen funds revisited, Manafort & America's kleptocracy problem, goooal & more
Westforce takes Baywide letter public highlighting split in credit union sector
Westforce Credit Union provides interest.co.nz letter showing NZCU Baywide agreeing to buy its Co-op Money capital notes if Westforce left the industry body
2nd Aug 18, 5:00am
by Gareth Vaughan
2
Westforce Credit Union provides interest.co.nz letter showing NZCU Baywide agreeing to buy its Co-op Money capital notes if Westforce left the industry body
Heartland eyes NZ & Aust growth opportunities outside bank regulations
Heartland Bank unveils restructure plans to 'remove business growth constraints currently arising from Reserve Bank regulations'
1st Aug 18, 9:53am
by Gareth Vaughan
13
Heartland Bank unveils restructure plans to 'remove business growth constraints currently arising from Reserve Bank regulations'
Heat on funding costs for Australasia's major banks
UBS economists suggest higher funding costs may be a new structural market feature for the Australian parents of New Zealand's big four banks
31st Jul 18, 4:16pm
by Gareth Vaughan
UBS economists suggest higher funding costs may be a new structural market feature for the Australian parents of New Zealand's big four banks
Qian DuoDuo fined $356k after customer due diligence failure
Auckland-based money remitter Qian DuoDuo moved almost $95m from China to NZ without having enough information to trace transactions back to their originators
31st Jul 18, 12:08pm
by Gareth Vaughan
22
Auckland-based money remitter Qian DuoDuo moved almost $95m from China to NZ without having enough information to trace transactions back to their originators
'There are some troubled waters out there'
Ex-PM & ANZ NZ chairman John Key tells Mike Hosking of rising loan delinquencies & problems ahead for the global economy. Finance Minister Grant Robertson & ANZ respond 
30th Jul 18, 11:04am
by Gareth Vaughan
236
Ex-PM & ANZ NZ chairman John Key tells Mike Hosking of rising loan delinquencies & problems ahead for the global economy. Finance Minister Grant Robertson & ANZ respond 
Troubled Co-op Money NZ appoints new CEO
Acting CEO & ex chief operating officer Jonathan Lee named CEO of credit union industry association Co-op Money NZ
30th Jul 18, 9:35am
by Gareth Vaughan
Acting CEO & ex chief operating officer Jonathan Lee named CEO of credit union industry association Co-op Money NZ