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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

Banking Ombudsman seeks more comprehensive picture of customer complaints
Work underway to boost Banking Ombudsman oversight of banks' internal dispute resolution processes as Westpac looks for lessons
27th Jul 18, 4:04pm
by Gareth Vaughan
Work underway to boost Banking Ombudsman oversight of banks' internal dispute resolution processes as Westpac looks for lessons
John Monaghan succeeds John Wilson as Fonterra chairman
Fonterra chairman John Wilson quits after serious health scare, being replaced by John Monaghan, a director of the co-operative for 10 years
27th Jul 18, 9:41am
by Gareth Vaughan
Fonterra chairman John Wilson quits after serious health scare, being replaced by John Monaghan, a director of the co-operative for 10 years
Tumultuous times in the credit union sector
Credit union industry association Co-op Money NZ battles a core banking system upgrade cost blowout, divorce from two members & other financial challenges
26th Jul 18, 5:06pm
by Gareth Vaughan
5
Credit union industry association Co-op Money NZ battles a core banking system upgrade cost blowout, divorce from two members & other financial challenges
Big four banks push advertising spending higher
New Zealand banks lift advertising spending 38% in first-half of 2018 led by BNZ and ANZ
26th Jul 18, 9:57am
by Gareth Vaughan
1
New Zealand banks lift advertising spending 38% in first-half of 2018 led by BNZ and ANZ
'A 60% higher return than bank deposits'
First Mortgage Trust - and its manager - enjoy another stellar year, predicting a 'continuation of consistent returns' for investors
20th Jul 18, 2:05pm
by Gareth Vaughan
First Mortgage Trust - and its manager - enjoy another stellar year, predicting a 'continuation of consistent returns' for investors
Government finally moving against NZ's building society exports
MBIE proposing that New Zealand registered building societies will only be allowed to provide services to New Zealanders
20th Jul 18, 5:00am
by Gareth Vaughan
2
MBIE proposing that New Zealand registered building societies will only be allowed to provide services to New Zealanders
'Big NZ banks could absorb material losses in downturn & remain solvent'
Stress testing shows the big 4 banks' combined pre-tax profit would tumble $32b over 5 years but they wouldn't breach capital requirements & would remain solvent, the RBNZ says
11th Jul 18, 8:48am
by Gareth Vaughan
18
Stress testing shows the big 4 banks' combined pre-tax profit would tumble $32b over 5 years but they wouldn't breach capital requirements & would remain solvent, the RBNZ says
Aussie owned banks face dual reporting of credit risk in NZ
RBNZ makes 'in-principle' decision for ANZ, ASB, BNZ & Westpac to be required to report credit risk through both their current internal models approach and the standardised approach
11th Jul 18, 8:38am
by Gareth Vaughan
8
RBNZ makes 'in-principle' decision for ANZ, ASB, BNZ & Westpac to be required to report credit risk through both their current internal models approach and the standardised approach
NZ's new BEPS tax law - a case study
Does NZ's new law 'ensuring multinationals pay tax based on the actual economic activity they carry out in NZ' apply to Visa and Mastercard?
7th Jul 18, 9:29am
by Gareth Vaughan
4
Does NZ's new law 'ensuring multinationals pay tax based on the actual economic activity they carry out in NZ' apply to Visa and Mastercard?
ASIC credit card report shows up NZ authorities
As NZ regulators investigate banks' conduct & culture they should take a leaf out of ASIC's book and probe the credit card market too, Gareth Vaughan argues
5th Jul 18, 1:54pm
by Gareth Vaughan
11
As NZ regulators investigate banks' conduct & culture they should take a leaf out of ASIC's book and probe the credit card market too, Gareth Vaughan argues
'The risk of a credit crunch is rising'
Aussie sharemarket investors no longer keen to see banks growing lending, especially investment property lending, strongly, analysts argue
4th Jul 18, 11:54am
by Gareth Vaughan
Aussie sharemarket investors no longer keen to see banks growing lending, especially investment property lending, strongly, analysts argue
TSB names Donna Cooper as its new CEO
Donna Cooper, formerly of the Warehouse Financial Services, Baycorp and American Express, to take the reins at TSB
4th Jul 18, 11:16am
by Gareth Vaughan
Donna Cooper, formerly of the Warehouse Financial Services, Baycorp and American Express, to take the reins at TSB
More than 900 mostly Christchurch investors tipped $8.3m into Ponzi scheme
Ponzi scheme operator Lance Ryan gets seven years & six months jail for 'cynically manipulating vulnerable & trusting investors' plus deceiving the FMA & Companies Office
3rd Jul 18, 1:53pm
by Gareth Vaughan
19
Ponzi scheme operator Lance Ryan gets seven years & six months jail for 'cynically manipulating vulnerable & trusting investors' plus deceiving the FMA & Companies Office
RBNZ to take more interest in FinTech developments
FinTechs have had a limited impact on the financial sector, with related new risks minimal and contained, the RBNZ says
2nd Jul 18, 11:37am
by Gareth Vaughan
FinTechs have had a limited impact on the financial sector, with related new risks minimal and contained, the RBNZ says
'Almost completely useless'
Anti-money laundering expert Ron Pol labels government's reasons for excluding trusts from its beneficial ownership regime 'remarkable for having been expressed out loud'
30th Jun 18, 9:11am
by Gareth Vaughan
14
Anti-money laundering expert Ron Pol labels government's reasons for excluding trusts from its beneficial ownership regime 'remarkable for having been expressed out loud'
Commerce Commission gets its oar in
The Commerce Commission details its role in the FMA & RBNZ led probe into the conduct & culture of banks and life insurers
29th Jun 18, 10:58am
by Gareth Vaughan
The Commerce Commission details its role in the FMA & RBNZ led probe into the conduct & culture of banks and life insurers
It's time to licence all consumer lenders
Gareth Vaughan argues the flawed Financial Service Providers' Register is a factor in consumer lending problems & it should be dumped with consumer lenders licensed
29th Jun 18, 5:00am
by Gareth Vaughan
5
Gareth Vaughan argues the flawed Financial Service Providers' Register is a factor in consumer lending problems & it should be dumped with consumer lenders licensed
MBIE suggests levy on lenders to help fund Commerce Commission
Ministry of Business, Innovation & Employment discussion paper details how caps on consumer lender's interest rates and fees might work
28th Jun 18, 10:21am
by Gareth Vaughan
Ministry of Business, Innovation & Employment discussion paper details how caps on consumer lender's interest rates and fees might work
Govt to 'test' whether there's a role for govt in facilitating open banking
Commerce & Consumer Affairs Minister Kris Faafoi leaving door open for interchange fees to be regulated, wants to see tangible examples of open banking working within a year
27th Jun 18, 12:00pm
by Gareth Vaughan
2
Commerce & Consumer Affairs Minister Kris Faafoi leaving door open for interchange fees to be regulated, wants to see tangible examples of open banking working within a year
Faafoi looking to cap interest rates and fees
Government to strengthen consumer credit laws as it aims to stop people getting caught in 'appalling debt spirals' that are very difficult to escape
27th Jun 18, 10:00am
by Gareth Vaughan
1
Government to strengthen consumer credit laws as it aims to stop people getting caught in 'appalling debt spirals' that are very difficult to escape
Trusts excluded from government's beneficial ownership push
Government pushes for beneficial ownership register for NZ companies & limited partnerships to stop 'erosion' of New Zealand as a good place for honest business
25th Jun 18, 4:55pm
by Gareth Vaughan
14
Government pushes for beneficial ownership register for NZ companies & limited partnerships to stop 'erosion' of New Zealand as a good place for honest business
How China is making gains in the war for talent with the US
Bernstein's Michael Parker argues the war for talent is a bigger deal for the US and China than a trade war, as both countries strive to develop the most innovative technology
25th Jun 18, 2:21pm
by Gareth Vaughan
Bernstein's Michael Parker argues the war for talent is a bigger deal for the US and China than a trade war, as both countries strive to develop the most innovative technology
'The banks have been very open'
Governor Adrian Orr says RBNZ & FMA team to conduct on-site bank visits with life insurers' submissions due Friday, as probe into conduct & culture of financial services sector continues
22nd Jun 18, 2:34pm
by Gareth Vaughan
Governor Adrian Orr says RBNZ & FMA team to conduct on-site bank visits with life insurers' submissions due Friday, as probe into conduct & culture of financial services sector continues
FMA watching Worldclear-T1 Holdings case
RBNZ says banks used by a third party to operate accounts for financial service provider Worldclear probably didn't know about the connection to Worldclear
21st Jun 18, 12:05pm
by Gareth Vaughan
1
RBNZ says banks used by a third party to operate accounts for financial service provider Worldclear probably didn't know about the connection to Worldclear
DTI limits to make borrowing for the median home even more challenging
UBS points out APRA's focus on debt-to-income levels may significantly reduce the borrowing capacity of many would-be Aussie home buyers
21st Jun 18, 10:52am
by Gareth Vaughan
UBS points out APRA's focus on debt-to-income levels may significantly reduce the borrowing capacity of many would-be Aussie home buyers