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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 10 months

Latest articles

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
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