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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

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
15
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
3
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
1
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
4
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
Ten charts that matter from the RBNZ's Financial Stability Report
A 325% debt-to-disposable income ratio, loans to prop up dairy farms, NZ's net external liability position at its lowest level since the 1980s, 50% housing loan growth in just 2 years & more
30th Nov 17, 8:24am
by Gareth Vaughan
19
A 325% debt-to-disposable income ratio, loans to prop up dairy farms, NZ's net external liability position at its lowest level since the 1980s, 50% housing loan growth in just 2 years & more
ASB makes $3.3 mln profit a day after tax in September quarter
ASB September quarter profit tops $300 mln with solid net interest margin as bank restates its regulatory capital ratios
29th Nov 17, 9:52am
by Gareth Vaughan
ASB September quarter profit tops $300 mln with solid net interest margin as bank restates its regulatory capital ratios
RBNZ says DTI distinguishing between housing investors & owner-occupiers possible
RBNZ again floats idea of macro-prudential tools being in place permanently in response to submissions in what may ultimately be an exercise in futility on its part
27th Nov 17, 4:43pm
by Gareth Vaughan
RBNZ again floats idea of macro-prudential tools being in place permanently in response to submissions in what may ultimately be an exercise in futility on its part
ANZ NZ names Sharon Zollner its new chief economist
Senior economist Sharon Zollner succeeding Cameron Bagrie as ANZ's New Zealand chief economist
27th Nov 17, 10:50am
by Gareth Vaughan
Senior economist Sharon Zollner succeeding Cameron Bagrie as ANZ's New Zealand chief economist
Fullerton Markets' trustee lays complaint with NZ Police
Kiwi Global Trust, trustee for the bank accounts of Hurricanes sponsor Fullerton Markets, 'refers matter to the Police' as problems compound for unlicensed Wellington-based forex trader
27th Nov 17, 5:02am
by Gareth Vaughan
2
Kiwi Global Trust, trustee for the bank accounts of Hurricanes sponsor Fullerton Markets, 'refers matter to the Police' as problems compound for unlicensed Wellington-based forex trader
Fullerton Markets cops AML warning, withdraws licence application
FMA issues formal warning under anti-money laundering law to forex company and Hurricanes sponsor Fullerton Markets
24th Nov 17, 12:48pm
by Gareth Vaughan
2
FMA issues formal warning under anti-money laundering law to forex company and Hurricanes sponsor Fullerton Markets
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
6
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
7
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
18
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
15
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
44
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
5
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