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

Just how big will changes made in the RBNZ's capital adequacy review be?

Gareth Vaughan suggests APRA's 'unquestionably strong' capital benchmark draws a line in the sand for the RBNZ's review of NZ banks' capital adequacy requirements

21st Jul 17, 5:02am

by Gareth Vaughan

Gareth Vaughan suggests APRA's 'unquestionably strong' capital benchmark draws a line in the sand for the RBNZ's review of NZ banks' capital adequacy requirements

FMA details KiwiSaver fees methodology

The Financial Markets Authority gives KiwiSaver providers two options for fee disclosure, outlines its preference

19th Jul 17, 12:08pm

by Gareth Vaughan

The Financial Markets Authority gives KiwiSaver providers two options for fee disclosure, outlines its preference

RBNZ eyes major shake-up to what qualifies as bank capital

RBNZ puts boot into banks' contingent debt capital, or CoCos, airs concerns about banks taking regulatory arbitrage opportunities and tax benefits, cites a disproportionate call on prudential resources

19th Jul 17, 11:45am

by Gareth Vaughan

APRA announces ‘unquestionably strong’ capital benchmarks

Parents of NZ's big 4 banks to require Common Equity Tier 1 capital ratios of at least 10.5% to meet APRA's ‘unquestionably strong’ benchmark

19th Jul 17, 10:22am

by Gareth Vaughan

Parents of NZ's big 4 banks to require Common Equity Tier 1 capital ratios of at least 10.5% to meet APRA's ‘unquestionably strong’ benchmark

Winston Peters calls for an Aussie style bank inquiry in NZ

NZ First's Winston Peters blames 'subservient puppetized NZ politicians' for the lack of a probe into the NZ banking system. Says Aussie banks are 'like a hole in the hull of the NZ economy'

19th Jul 17, 5:02am

by Gareth Vaughan

NZ First's Winston Peters blames 'subservient puppetized NZ politicians' for the lack of a probe into the NZ banking system. Says Aussie banks are 'like a hole in the hull of the NZ economy'

Methinks they doth protest too much

Gareth Vaughan questions whether banks are opportunistically trying it on in their response to the RBNZ's review of their capital adequacy requirements

10th Jul 17, 11:13am

by Gareth Vaughan

Gareth Vaughan questions whether banks are opportunistically trying it on in their response to the RBNZ's review of their capital adequacy requirements

Banks lash out at RBNZ capital adequacy review

NZBA tells RBNZ to consider the macroeconomic costs of higher capital & demands certainty that capital instruments on issue still meet requirements in its opening salvo on the RBNZ's capital review

7th Jul 17, 4:31pm

by Gareth Vaughan

NZBA tells RBNZ to consider the macroeconomic costs of higher capital & demands certainty that capital instruments on issue still meet requirements in its opening salvo on the RBNZ's capital review

'Welcome clarity' for lenders in ComCom Credit Fees Guidelines

Helpful clarifications seen by law firm in Commerce Commission's finalised Consumer Credit Fees Guidelines

6th Jul 17, 9:55am

by Gareth Vaughan

Helpful clarifications seen by law firm in Commerce Commission's finalised Consumer Credit Fees Guidelines

Latest BNZ covered bond prices tightly

BNZ borrows €750 mln through a seven-year covered bond issue

6th Jul 17, 9:46am

by Gareth Vaughan

BNZ borrows €750 mln through a seven-year covered bond issue

'Each extra hour of sunlight per day adds 2.4% to a house price'

Motu working paper argues high rise apartment developers could be forced to pay for blocking neighbouring homes' sunlight

6th Jul 17, 5:02am

by Gareth Vaughan

Motu working paper argues high rise apartment developers could be forced to pay for blocking neighbouring homes' sunlight

Commerce Commission credit fees guidance finalised after 8 years

Commerce Commission's consumer credit fees guidance calls for 'reasonable' fees not used to generate profits or recover costs, but doesn't limit interest rates as long as they're disclosed and not 'oppressively high'

3rd Jul 17, 3:27pm

by Gareth Vaughan

Scheme to 'screw the scrum in favour of 1st home buyers' stalls

Has the Government's Welcome Home Loan scheme under-performed because of banks' relaxed credit policies?

2nd Jul 17, 8:41am

by Gareth Vaughan

Has the Government's Welcome Home Loan scheme under-performed because of banks' relaxed credit policies?

NZ's big banks' profitability still stacks up well internationally

Big 4 New Zealand banks still near the top of the international profit heap, despite a little belt tightening last year

28th Jun 17, 7:47am

by Gareth Vaughan

Big 4 New Zealand banks still near the top of the international profit heap, despite a little belt tightening last year

Are South Australians facing higher mortgage rates thanks to their bank levy?

South Australian bank levy on the parents of NZ's big 4 banks ratchets up the political risk facing the big Aussie banks, Deutsche Bank analysts say

26th Jun 17, 10:00am

by Gareth Vaughan

South Australian bank levy on the parents of NZ's big 4 banks ratchets up the political risk facing the big Aussie banks, Deutsche Bank analysts say

Burgeoning lending growth continues at SBS, Co-op Bank and TSB

Total combined assets of SBS Bank, The Co-operative Bank and TSB Bank push past $13 billion as strong residential mortgage lending growth continues

23rd Jun 17, 3:42pm

by Gareth Vaughan

Total combined assets of SBS Bank, The Co-operative Bank and TSB Bank push past $13 billion as strong residential mortgage lending growth continues

Commerce Commission forges ahead with Harmoney fees case

Despite having 2 questions knocked back by a High Court judge, the Commerce Commission says it can get the answers it needs from the 3 questions allowed in its Harmoney CCCFA case

22nd Jun 17, 9:35am

by Gareth Vaughan

Despite having 2 questions knocked back by a High Court judge, the Commerce Commission says it can get the answers it needs from the 3 questions allowed in its Harmoney CCCFA case

Lending criteria tightened at SBS as home & consumer lending rockets higher

A credit card on the agenda at SBS Bank as home loans and consumer lending through Finance Now continue to surge

21st Jun 17, 9:35am

by Gareth Vaughan

A credit card on the agenda at SBS Bank as home loans and consumer lending through Finance Now continue to surge

Banks offer svelte new principles based Code of Banking Practice

The banking industry is seeking the public's views on its proposed new, dramatically thinned down, Code of Banking Practice. But is the new Code too vague?

21st Jun 17, 5:02am

by Gareth Vaughan

The banking industry is seeking the public's views on its proposed new, dramatically thinned down, Code of Banking Practice. But is the new Code too vague?

Adrienne Duarte leaving BNZ to join Latitude Financial Services

BNZ chief financial officer Adrienne Duarte shifting to Melbourne to be CFO at the ex-GE personal finance business Latitude Financial Services

20th Jun 17, 1:55pm

by Gareth Vaughan

BNZ chief financial officer Adrienne Duarte shifting to Melbourne to be CFO at the ex-GE personal finance business Latitude Financial Services

Analysts see mounting pressure on interest-only borrowers hitting house prices

Adopting more conservative living expense assumptions and interest rate buffers sees Aussie parents of NZ's major banks tighten the screws on residential mortgage lending

15th Jun 17, 11:36am

by Gareth Vaughan

Adopting more conservative living expense assumptions and interest rate buffers sees Aussie parents of NZ's major banks tighten the screws on residential mortgage lending

Why NZ regulators must work closely with their counterparts overseas

The FMA's court victory over Innovative Securities shows what NZ regulators are up against with the FSPR, and why they need to cooperate with their overseas counterparts

15th Jun 17, 5:02am

by Gareth Vaughan

The FMA's court victory over Innovative Securities shows what NZ regulators are up against with the FSPR, and why they need to cooperate with their overseas counterparts

Has the RBNZ missed the boat on DTIs?

Gareth Vaughan suggests that whoever is in government after the September 23 election, the RBNZ's unlikely to get a DTI tool and largely has itself to blame

14th Jun 17, 5:02am

by Gareth Vaughan

Gareth Vaughan suggests that whoever is in government after the September 23 election, the RBNZ's unlikely to get a DTI tool and largely has itself to blame

Macro-prudential tools are used temporarily. But how long is temporary?

The RBNZ floats the idea of macro-prudential tools such as LVR and DTI restrictions becoming permanent fixtures of the borrowing and lending landscape

13th Jun 17, 5:02am

by Gareth Vaughan

The RBNZ floats the idea of macro-prudential tools such as LVR and DTI restrictions becoming permanent fixtures of the borrowing and lending landscape

TSB finally comes clean on Harmoney lending

TSB Bank says it has lent $50 mln in unsecured consumer lending through P2P lender Harmoney

9th Jun 17, 10:24am

by Gareth Vaughan

TSB Bank says it has lent $50 mln in unsecured consumer lending through P2P lender Harmoney

RBNZ says banks' high DTI data is 'erroneously high'

The RBNZ says debt to income restrictions could prevent about 10,000 borrowers from buying a house, reduce house sales volumes by about 9%, trim house prices and credit growth by up to 5%, and shave 0.1% off GDP

9th Jun 17, 7:49am

by Gareth Vaughan