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 3 months

Latest articles

The ongoing headache caused by shell companies & the misuse of NZ companies. Part II

Returning to the basic concept of a company, collecting verified information, regulators focusing on policy effectiveness rather than box ticking & other ways to tackle the misuse of NZ companies

24th Nov 17, 5:02am

by Gareth Vaughan

Returning to the basic concept of a company, collecting verified information, regulators focusing on policy effectiveness rather than box ticking & other ways to tackle the misuse of NZ companies

'Buckle up and let the brainwashing begin'

Ex-pat Kiwi Bernstein analyst Michael Parker on his chart of the year, virtual reality, improving productivity to double global output & ridiculous looking headsets

23rd Nov 17, 1:52pm

by Gareth Vaughan

Ex-pat Kiwi Bernstein analyst Michael Parker on his chart of the year, virtual reality, improving productivity to double global output & ridiculous looking headsets

The ongoing headache caused by shell companies & the misuse of NZ companies. Part I

Six years after then Commerce Minister Simon Power detailed extensive problems with NZ shell companies, the problem persists. So what can be done about this?

22nd Nov 17, 5:32pm

by Gareth Vaughan

Six years after then Commerce Minister Simon Power detailed extensive problems with NZ shell companies, the problem persists. So what can be done about this?

'Bricks & mortar approach to banking showing signs of obsolescence'

CEO Jeff Greenslade details why Heartland Bank is moving aggressively into digital banking and data use and away from traditional branch banking

21st Nov 17, 3:33pm

by Gareth Vaughan

CEO Jeff Greenslade details why Heartland Bank is moving aggressively into digital banking and data use and away from traditional branch banking

Red faces show it's time for change

Gareth Vaughan argues Westpac's capital stuff-up demonstrates why the combination of a hands-off bank regulator and the internal models approach to regulatory capital requirements is a bad one

20th Nov 17, 6:43am

by Gareth Vaughan

Gareth Vaughan argues Westpac's capital stuff-up demonstrates why the combination of a hands-off bank regulator and the internal models approach to regulatory capital requirements is a bad one

George Frazis touted by AFR as candidate for top job at CBA

Former Westpac NZ CEO George Frazis touted as potential successor to Ian Narev as Commonwealth Bank of Australia CEO

17th Nov 17, 11:56am

by Gareth Vaughan

Former Westpac NZ CEO George Frazis touted as potential successor to Ian Narev as Commonwealth Bank of Australia CEO

Breadth of tax review 'currently being discussed'

Revenue Minister Stuart Nash says Tax Working Group to be established with terms of reference released and members named by Christmas

16th Nov 17, 3:57pm

by Gareth Vaughan

Revenue Minister Stuart Nash says Tax Working Group to be established with terms of reference released and members named by Christmas

'This government is committed to making life better for tenants'

Housing and Urban Development Minister Phil Twyford sets out the Government's case for the Healthy Homes Guarantee Bill, National housing spokesman Michael Woodhouse responds

16th Nov 17, 11:25am

by Gareth Vaughan

Housing and Urban Development Minister Phil Twyford sets out the Government's case for the Healthy Homes Guarantee Bill, National housing spokesman Michael Woodhouse responds

'We're like a broker or financial adviser' P2P lender Harmoney says

Harmoney tells court it can charge a fee for its services like a broker that includes profit as Commerce Commission argues there is nothing new or disruptive about what Harmoney's doing

16th Nov 17, 10:23am

by Gareth Vaughan

Harmoney tells court it can charge a fee for its services like a broker that includes profit as Commerce Commission argues there is nothing new or disruptive about what Harmoney's doing

'Big 4 NZ banks' CET1 ratio at 16.3% on internationally comparable basis'

New Zealand's Aussie owned banks well capitalised relative to banks in many other overseas jurisdictions, bank lobby group commissioned PwC report suggests

16th Nov 17, 10:16am

by Gareth Vaughan

New Zealand's Aussie owned banks well capitalised relative to banks in many other overseas jurisdictions, bank lobby group commissioned PwC report suggests

RBNZ gives Westpac 18 months to get its capital requirements sorted

'Very disappointed' RBNZ increases Westpac NZ's capital requirements after 'material failure' to meet regulatory capital requirements

15th Nov 17, 2:27pm

by Gareth Vaughan

'Very disappointed' RBNZ increases Westpac NZ's capital requirements after 'material failure' to meet regulatory capital requirements

Another NZ bank CEO joins the exodus

Rabobank NZ says CEO Daryl Johnson is leaving with search underway for his replacement

15th Nov 17, 1:01pm

by Gareth Vaughan

Rabobank NZ says CEO Daryl Johnson is leaving with search underway for his replacement

'China’s covert, corrupting & coercive political influence in NZ at critical level'

Academic calls on new government to take a fresh look at NZ's relationship with China & face up to some of the political differences and challenges

14th Nov 17, 11:24am

by Gareth Vaughan

Academic calls on new government to take a fresh look at NZ's relationship with China & face up to some of the political differences and challenges

UnitedFuture Party pulls the plug

UnitedFuture, pointing out it was the party with the longest continuous role in New Zealand government for 100 years, says it's disbanding

14th Nov 17, 10:19am

by Gareth Vaughan

UnitedFuture, pointing out it was the party with the longest continuous role in New Zealand government for 100 years, says it's disbanding

Where the big banks are at with comprehensive credit reporting

Five-and-a-half years into New Zealand's comprehensive credit reporting regime two of the big five banks are yet to embrace it

13th Nov 17, 11:35am

by Gareth Vaughan

Five-and-a-half years into New Zealand's comprehensive credit reporting regime two of the big five banks are yet to embrace it

'Subdued growth' from 'solid' big bank reporting season

Australasia's big 4 banks deliver their lowest bad debt charge since they began reporting credit expenses in 1980

13th Nov 17, 10:51am

by Gareth Vaughan

Australasia's big 4 banks deliver their lowest bad debt charge since they began reporting credit expenses in 1980

A 3 step plan to boost banking competition in New Zealand

NZ's 4 Australian owned banks dominate our banking industry and increased combined annual profit by $601 mln. Against this backdrop Gareth Vaughan outlines 3 steps to boost competition

11th Nov 17, 8:21am

by Gareth Vaughan

NZ's 4 Australian owned banks dominate our banking industry and increased combined annual profit by $601 mln. Against this backdrop Gareth Vaughan outlines 3 steps to boost competition

This week's Top 10, - the Paradise Papers

Apple & an 'official assurance of tax exemption', an Interpol fugitive, Republican super-donors, the world's biggest offshore plane registry, a mega trust, Mauritius vs Africa, the real culprits & much more

10th Nov 17, 10:02am

by Gareth Vaughan

NZ's big 4 banks lift combined annual profit by 14%

ANZ NZ, ASB, BNZ and Westpac NZ post combined annual cash profit of $4.8 billion despite squeeze on net interest margins

9th Nov 17, 10:16am

by Gareth Vaughan

ANZ NZ, ASB, BNZ and Westpac NZ post combined annual cash profit of $4.8 billion despite squeeze on net interest margins

Growth story continues at Heartland Bank

Heartland Bank seeks $59m through rights issue, posts 12% quarterly profit rise & reiterates forecast for annual profit growth of up to 12%

9th Nov 17, 10:06am

by Gareth Vaughan

Heartland Bank seeks $59m through rights issue, posts 12% quarterly profit rise & reiterates forecast for annual profit growth of up to 12%

TSB boss Kevin Murphy joins NZ bank CEO exodus

CEO and managing director Kevin Murphy to retire from TSB in January, search for replacement underway

8th Nov 17, 1:12pm

by Gareth Vaughan

CEO and managing director Kevin Murphy to retire from TSB in January, search for replacement underway

'We can't be afraid of competition'

Westpac NZ 'not too fazed' by new government's desire to get Kiwibank up to speed to take government banking business off Westpac, CEO David McLean says

7th Nov 17, 2:12pm

by Gareth Vaughan

Westpac NZ 'not too fazed' by new government's desire to get Kiwibank up to speed to take government banking business off Westpac, CEO David McLean says

'With the benefit of hindsight we should have reacted quicker'

CEO David McLean acknowledges Westpac NZ was 'caught on the back foot' in year of two distinct halves, sees KiwiSaver fees 'evolving'

7th Nov 17, 2:05pm

by Gareth Vaughan

CEO David McLean acknowledges Westpac NZ was 'caught on the back foot' in year of two distinct halves, sees KiwiSaver fees 'evolving'

'Dual invoicing a warning flag for duty evasion'

SFO wraps up probe into Zespri over alleged facilitation of tax evasion for Chinese importer saying the conduct didn't meet the high standard required for laying criminal charges

7th Nov 17, 11:28am

by Gareth Vaughan

SFO wraps up probe into Zespri over alleged facilitation of tax evasion for Chinese importer saying the conduct didn't meet the high standard required for laying criminal charges

Impairment write-backs & recoveries boost Westpac NZ profit

Westpac NZ annual cash earnings climb 10% despite flat income thanks to $135 mln impairment turnaround as dairy farming sector recovers

6th Nov 17, 9:51am

by Gareth Vaughan

Westpac NZ annual cash earnings climb 10% despite flat income thanks to $135 mln impairment turnaround as dairy farming sector recovers