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

Warning for Australia's 'investor and interest-only mortgage culture'

Aussie parents of NZ's big 4 banks seen facing increased risk of mis-selling claims as interest-only mortgage borrowers come under pressure

16th Oct 17, 10:44am

by Gareth Vaughan

Aussie parents of NZ's big 4 banks seen facing increased risk of mis-selling claims as interest-only mortgage borrowers come under pressure

'Outlook for Auckland house prices remains highly uncertain'

September saw Auckland record the second lowest volume of house sales in a September month - after 2008 - during the past 25 years

14th Oct 17, 7:18am

by Gareth Vaughan

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September saw Auckland record the second lowest volume of house sales in a September month - after 2008 - during the past 25 years

FMA strives to breathe life & certainty into NZ's wholesale interest rates market

FMA's BKBM guidance hailed as 'pragmatic, practical and sensible' guidance that 'stands out globally'. NZ banks pleased FMA has 'confirmed there are no systemic conduct issues'

12th Oct 17, 12:03pm

by Gareth Vaughan

FMA's BKBM guidance hailed as 'pragmatic, practical and sensible' guidance that 'stands out globally'. NZ banks pleased FMA has 'confirmed there are no systemic conduct issues'

Macquarie bullish on Heartland Bank

Analysts at Macquarie initiate coverage of Heartland Bank with an 'outperform' rating on its shares, bullish outlook on its growth prospects highlighted by prospects for reverse mortgages

12th Oct 17, 9:32am

by Gareth Vaughan

Analysts at Macquarie initiate coverage of Heartland Bank with an 'outperform' rating on its shares, bullish outlook on its growth prospects highlighted by prospects for reverse mortgages

Aussie mortgage growth seen slowing to 4% next year

ANZ customers have the highest average loan to income ratio among Australia's banks, Morgan Stanley reveals

11th Oct 17, 10:19am

by Gareth Vaughan

ANZ customers have the highest average loan to income ratio among Australia's banks, Morgan Stanley reveals

Council floats possibility of Unitary Plan change to tackle housing affordability

Auckland Council eyes using property development arm Panuku Development Auckland to help establish more affordable housing

10th Oct 17, 3:28pm

by Gareth Vaughan

Auckland Council eyes using property development arm Panuku Development Auckland to help establish more affordable housing

Govt pushing for open banking

Commerce & Consumer Affairs Minister Jacqui Dean pushing for open banking in NZ as part of greater retail payments competition. Notes regulation limiting merchant fees, open access to bank data common overseas

7th Oct 17, 6:02am

by Gareth Vaughan

Fine of $5.29m under anti-money laundering laws for 173 suspicious transactions

Auckland company Ping An fined $5.29 mln for 'calculated and contemptuous disregard' for anti-money laundering laws

29th Sep 17, 3:33pm

by Gareth Vaughan

Auckland company Ping An fined $5.29 mln for 'calculated and contemptuous disregard' for anti-money laundering laws

The RBNZ's LVR policy 'may have overcooked things'

ANZ's Cameron Bagrie suggests the RBNZ may start easing its LVR restrictions from mid-2018, sees concerns for residential property developers & competition for deposits easing

29th Sep 17, 10:02am

by Gareth Vaughan

ANZ's Cameron Bagrie suggests the RBNZ may start easing its LVR restrictions from mid-2018, sees concerns for residential property developers & competition for deposits easing

Stellar year for the NZ Super Fund

NZ Super Fund returns 20.7% in June year after costs and before tax. Now sits at $35 bln having added $5 bln. Pays $920 mln in tax

28th Sep 17, 11:32am

by Gareth Vaughan

NZ Super Fund returns 20.7% in June year after costs and before tax. Now sits at $35 bln having added $5 bln. Pays $920 mln in tax

When will the new permanent RBNZ Governor be named?

How long will we have to wait to hear who the new RBNZ Governor will be, and will Winston Peters have a say in the appointment and Policy Targets Agreement?

28th Sep 17, 9:48am

by Gareth Vaughan

How long will we have to wait to hear who the new RBNZ Governor will be, and will Winston Peters have a say in the appointment and Policy Targets Agreement?

RBNZ greenlights its dashboard bank disclosure project

The RBNZ eyes May launch for its bank dashboard disclosure regime with previously hostile banks now 'looking forward' to working with their regulator 'on the practical detail'

27th Sep 17, 4:02pm

by Gareth Vaughan

The RBNZ eyes May launch for its bank dashboard disclosure regime with previously hostile banks now 'looking forward' to working with their regulator 'on the practical detail'

Aussie ATM fee cull little more than a PR stunt

'Negligible direct impact on profit' for the Australian parents of NZ's big four banks by scrapping ATM fees

27th Sep 17, 10:32am

by Gareth Vaughan

'Negligible direct impact on profit' for the Australian parents of NZ's big four banks by scrapping ATM fees

Ian Taylor, S-Profit Ltd, South Sudan & arms deals

Shell company incorporator Ian Taylor, who shot to prominence in 2009 over the activities of SP Trading Ltd, has again been linked to a company involved in illicit weapons dealing

26th Sep 17, 12:36pm

by Gareth Vaughan

Shell company incorporator Ian Taylor, who shot to prominence in 2009 over the activities of SP Trading Ltd, has again been linked to a company involved in illicit weapons dealing

A reminder of what Winston Peters wants in monetary policy & banking

As the National and Labour/Greens sides both court Winston Peters, here's a look at what he campaigned for in monetary policy and banking, insurance & KiwiSaver

26th Sep 17, 9:26am

by Gareth Vaughan

As the National and Labour/Greens sides both court Winston Peters, here's a look at what he campaigned for in monetary policy and banking, insurance & KiwiSaver

'The cost and revenue structure of ATMs in Australia is different to NZ'

New Zealand banks in no rush to follow Australian banks' example and cull ATM fees

26th Sep 17, 9:22am

by Gareth Vaughan

New Zealand banks in no rush to follow Australian banks' example and cull ATM fees

Why hasn't housing affordability been a bigger focus of this election campaign?

I thought this was going to be the housing election but housing affordability has struggled for airtime. Gareth Vaughan is very disappointed about this

22nd Sep 17, 12:16pm

by Gareth Vaughan

I thought this was going to be the housing election but housing affordability has struggled for airtime. Gareth Vaughan is very disappointed about this

FMA's new strategy for tackling NZ's unintended financial services exports

The FMA issues warnings about NZ's troublesome Financial Service Providers Register in Chinese, Malay and Arabic & admits it's easier to get on it than be removed from it

22nd Sep 17, 6:02am

by Gareth Vaughan

The FMA issues warnings about NZ's troublesome Financial Service Providers Register in Chinese, Malay and Arabic & admits it's easier to get on it than be removed from it

Labour pledges review of the Responsible Lending Code

Labour Consumer Affairs spokesman Michael Wood says a Labour-led government may cap interest rates & wants Commerce Commission 'properly resourced' to protect consumers

20th Sep 17, 11:40am

by Gareth Vaughan

Labour Consumer Affairs spokesman Michael Wood says a Labour-led government may cap interest rates & wants Commerce Commission 'properly resourced' to protect consumers

Open banking based on the idea 'information like money, is valuable'

ANZ's Maile Carnegie says open banking is exciting, ANZ is preparing for it and will need to move fast

20th Sep 17, 10:17am

by Gareth Vaughan

ANZ's Maile Carnegie says open banking is exciting, ANZ is preparing for it and will need to move fast

Don't hold your breath for open banking from NZ's major banks

As Macquarie spruiks an open banking platform allowing customers to move their business in Australia, we gauge where NZ's big banks and key regulators stand on the open banking concept

19th Sep 17, 11:00am

by Gareth Vaughan

As Macquarie spruiks an open banking platform allowing customers to move their business in Australia, we gauge where NZ's big banks and key regulators stand on the open banking concept

NZ's biggest ever non-government debt issue to be redeemed

Rabobank Nederland is redeeming its NZ$900m perpetual, resettable bond issue after a decade during which the interest rate paid to investors dwindled to 2.88% from 9.48%

19th Sep 17, 5:02am

by Gareth Vaughan

Rabobank Nederland is redeeming its NZ$900m perpetual, resettable bond issue after a decade during which the interest rate paid to investors dwindled to 2.88% from 9.48%

Fullerton Markets' man in Wellington forced to leave NZ

Unlicensed forex and derivatives trader, Hurricanes sponsor and Bill English courter Fullerton Markets, applies to FMA for licence with uncertainty hanging over the future of its key man in NZ

16th Sep 17, 6:02am

by Gareth Vaughan

Unlicensed forex and derivatives trader, Hurricanes sponsor and Bill English courter Fullerton Markets, applies to FMA for licence with uncertainty hanging over the future of its key man in NZ

'I wouldn't say the NZ banking system is capitalised within the top quarter'

Credit rating agency S&P says NZ banking system capital levels not within the top quartile of global peers, RBNZ enforced higher capital requirements would be a head-wind on debt growth

15th Sep 17, 11:23am

by Gareth Vaughan

Credit rating agency S&P says NZ banking system capital levels not within the top quartile of global peers, RBNZ enforced higher capital requirements would be a head-wind on debt growth

Big 5 banks lift combined June quarter profit

Average June quarter net interest margin, cost of funds drops across New Zealand's big five banks

15th Sep 17, 11:17am

by Gareth Vaughan

Average June quarter net interest margin, cost of funds drops across New Zealand's big five banks