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

Chapman brings forward ASB departure

Vittoria Shortt's arrival as ASB's CEO will see Barbara Chapman step down two months earlier than originally planned

19th Dec 17, 9:24am

by Gareth Vaughan

Vittoria Shortt's arrival as ASB's CEO will see Barbara Chapman step down two months earlier than originally planned

HSBC NZ ekes out profit growth

HSBC NZ's lending growing steadily, deposit book shrinking as bank creates Wellington-based commercial banking role

18th Dec 17, 2:10pm

by Gareth Vaughan

HSBC NZ's lending growing steadily, deposit book shrinking as bank creates Wellington-based commercial banking role

90 seconds at 9 am sans video: Important win for Turnbull

Aussie government scores crucial victory, Bitcoin goes bananas (again) as EU cracks down, US Republicans expect tax bill to pass, NZ dollar at US69.93 cents

18th Dec 17, 7:36am

by Gareth Vaughan

Aussie government scores crucial victory, Bitcoin goes bananas (again) as EU cracks down, US Republicans expect tax bill to pass, NZ dollar at US69.93 cents

Just who are we letting on NZ's overseas companies register?

The misuse of NZ companies, Part III. Backdoor access via the UK - a classic cross jurisdictional regulatory arbitrage play

17th Dec 17, 6:02am

by Gareth Vaughan

The misuse of NZ companies, Part III. Backdoor access via the UK - a classic cross jurisdictional regulatory arbitrage play

ASB replaces like with like, naming Vittoria Shortt as its new CEO

CBA executive and Kiwi Vittoria Shortt to succeed Barbara Chapman as ASB's CEO

15th Dec 17, 2:06pm

by Gareth Vaughan

CBA executive and Kiwi Vittoria Shortt to succeed Barbara Chapman as ASB's CEO

Non-bank financial institutions' retail depositors to 'start to feel the love?'

KPMG's annual survey of non-bank financial institutions shows a declining availability of cheap funding as one lender delivers a net interest margin as high as 22.67%

14th Dec 17, 12:52pm

by Gareth Vaughan

KPMG's annual survey of non-bank financial institutions shows a declining availability of cheap funding as one lender delivers a net interest margin as high as 22.67%

TSB to refund customers overcharged break fees during 8 year period

TSB to refund about 2800 customers an average of $170 each after overcharging loan break fees between 2008 and 2016

14th Dec 17, 10:47am

by Gareth Vaughan

TSB to refund about 2800 customers an average of $170 each after overcharging loan break fees between 2008 and 2016

Adrian Orr to take 'significant pay cut' as RBNZ Governor

NZ Super Fund CEO Adrian Orr, touted by Finance Minister Grant Robertson as having 'the standing and ability to manage change,' named new Reserve Bank Governor

11th Dec 17, 4:15pm

by Gareth Vaughan

NZ Super Fund CEO Adrian Orr, touted by Finance Minister Grant Robertson as having 'the standing and ability to manage change,' named new Reserve Bank Governor

Good times rolling again at the big 4 banks

New Zealand's Australian owned banks deliver their shareholders a stellar September quarter as Kiwibank wrestles with its core banking system impairment

11th Dec 17, 2:01pm

by Gareth Vaughan

New Zealand's Australian owned banks deliver their shareholders a stellar September quarter as Kiwibank wrestles with its core banking system impairment

BNZ delivers strong quarter as Healy prepares to hand over to Mentis

Strong September quarter net interest margin, lending and deposit growth at BNZ as parent NAB does well on the dividend front

8th Dec 17, 10:20am

by Gareth Vaughan

Strong September quarter net interest margin, lending and deposit growth at BNZ as parent NAB does well on the dividend front

Strong September quarter for Westpac NZ

Westpac NZ records strong quarterly profit bounce as it details more of the terms of its beefed up RBNZ capital requirements

7th Dec 17, 10:24am

by Gareth Vaughan

Westpac NZ records strong quarterly profit bounce as it details more of the terms of its beefed up RBNZ capital requirements

Kiwi Global Trust director quits

Fullerton Markets' trustee Kiwi Global Trust, which made a complaint to the Police, loses a director

7th Dec 17, 10:23am

by Gareth Vaughan

Fullerton Markets' trustee Kiwi Global Trust, which made a complaint to the Police, loses a director

Petrol prices, more Commerce Commission power on government's agenda

Govt to further probe petrol prices and beef up Commerce Commission powers by enabling the consumer watchdog to undertake broad market studies

6th Dec 17, 1:45pm

by Gareth Vaughan

Govt to further probe petrol prices and beef up Commerce Commission powers by enabling the consumer watchdog to undertake broad market studies

Royal Commission to add to A$6b Aussie banks have spent on regulatory compliance

Royal Commission expected to cost Australian banks between A$50 million and A$100 million each

6th Dec 17, 11:16am

by Gareth Vaughan

Royal Commission expected to cost Australian banks between A$50 million and A$100 million each

Small NZ owned banks keep the growth rolling

Strong lending growth continues at SBS Bank, The Co-operative Bank & TSB but net interest margins fall

6th Dec 17, 11:10am

by Gareth Vaughan

Strong lending growth continues at SBS Bank, The Co-operative Bank & TSB but net interest margins fall

Rabobank NZ lending book closes in on $10 billion

Impaired assets spike at rural lender Rabobank NZ in the September quarter

4th Dec 17, 10:43am

by Gareth Vaughan

Impaired assets spike at rural lender Rabobank NZ in the September quarter

New Kiwibank CEO will inherit bank treading water

Kiwibank September quarter cost to income ratio blows out, net interest margin dips

4th Dec 17, 10:40am

by Gareth Vaughan

Kiwibank September quarter cost to income ratio blows out, net interest margin dips

ANZ NZ quarterly profit tops $500 mln

ANZ NZ pays $1.635 billion dividend, equivalent to $4.32 a share and 88% of annual cash profit

4th Dec 17, 7:24am

by Gareth Vaughan

ANZ NZ pays $1.635 billion dividend, equivalent to $4.32 a share and 88% of annual cash profit

Is peer-to-peer lending just backdoor banking?

FMA statistics show the fledgling NZ P2P lending sector is serving banks and fund managers well, but more needs to be done for retail investors and SMEs, Gareth Vaughan argues

2nd Dec 17, 6:26am

by Gareth Vaughan

FMA statistics show the fledgling NZ P2P lending sector is serving banks and fund managers well, but more needs to be done for retail investors and SMEs, Gareth Vaughan argues

Finance Now's loan book pushes towards $500 mln

SBS Bank's consumer lending, via subsidiary Finance Now, surges 20% in one quarter boosted by Warehouse acquisition

1st Dec 17, 2:11pm

by Gareth Vaughan

SBS Bank's consumer lending, via subsidiary Finance Now, surges 20% in one quarter boosted by Warehouse acquisition

Acting CEO in Kiwibank hotseat as core banking system impairment tops $100m

CEO Paul Brock appears to have checked out of Kiwibank with general manager of sales and service Mark Stephen stepping in

1st Dec 17, 10:40am

by Gareth Vaughan

CEO Paul Brock appears to have checked out of Kiwibank with general manager of sales and service Mark Stephen stepping in

Kiwi who was CFO of major Malaysian bank hired as new BNZ CFO

BNZ poaches Mandy Rutherford from ANZ in Australia to be its new chief financial officer

1st Dec 17, 7:02am

by Gareth Vaughan

BNZ poaches Mandy Rutherford from ANZ in Australia to be its new chief financial officer

Aussie govt promises 'sensible, efficient & focussed' Royal Commission into banking

Australian government announces Royal Commission into alleged misconduct of financial services providers pledging 'it won't be a never-ending lawyers’ picnic'

30th Nov 17, 2:38pm

by Gareth Vaughan

Australian government announces Royal Commission into alleged misconduct of financial services providers pledging 'it won't be a never-ending lawyers’ picnic'

What would happen to the big banks in a major economic downturn?

The RBNZ says its latest stress tests show the 4 main banks could absorb big losses in a downturn and remain solvent, but cautions about uncertainty around the impact of any severe downturn

30th Nov 17, 9:40am

by Gareth Vaughan

The RBNZ says its latest stress tests show the 4 main banks could absorb big losses in a downturn and remain solvent, but cautions about uncertainty around the impact of any severe downturn

RBNZ to consult on whether internal models capital approach should be restricted

RBNZ says it's difficult to ascertain the degree to which lower bank capital may be justified through use of the internal models approach, gives feedback on directors' attestation review

30th Nov 17, 9:35am

by Gareth Vaughan

RBNZ says it's difficult to ascertain the degree to which lower bank capital may be justified through use of the internal models approach, gives feedback on directors' attestation review