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 7 months

Latest articles

BNZ restructuring

BNZ consulting with staff on potential changes to some parts of its business

12th Oct 16, 1:49pm

by Gareth Vaughan

BNZ consulting with staff on potential changes to some parts of its business

NZ bank funding costs fall for sixth straight quarter

Bank funding costs down more than 26% since 2014, KPMG says in quarterly FIPS, boosting net interest margins

12th Oct 16, 12:02pm

by Gareth Vaughan

Bank funding costs down more than 26% since 2014, KPMG says in quarterly FIPS, boosting net interest margins

ACT's David Seymour goes into bat for Harmoney

ACT's leader tells Commerce & Consumer Affairs Minister Paul Goldsmith to overrule 'over zealous' regulator and make a law change for P2P lender Harmoney

12th Oct 16, 10:02am

by Gareth Vaughan

ACT's leader tells Commerce & Consumer Affairs Minister Paul Goldsmith to overrule 'over zealous' regulator and make a law change for P2P lender Harmoney

Companies Office moves on curious entity Fennas Finance

Registrar of Companies tries for a second time to remove Fennas Finance from NZ Companies Register

12th Oct 16, 9:48am

by Gareth Vaughan

Registrar of Companies tries for a second time to remove Fennas Finance from NZ Companies Register

FMA removes or dissuades 66 companies from registering on the FSPR

NZ's problematic Financial Service Providers Register the subject of the fourth highest volume of annual queries received by the FMA

12th Oct 16, 5:02am

by Gareth Vaughan

NZ's problematic Financial Service Providers Register the subject of the fourth highest volume of annual queries received by the FMA

Westpac boss says retirees need term deposit rates higher than his bank's

Westpac Group CEO Brian Hartzer estimates New Zealanders reliant on term deposits need interest rates of about 4% to live off 'and that's getting really hard'

10th Oct 16, 3:01pm

by Gareth Vaughan

Westpac Group CEO Brian Hartzer estimates New Zealanders reliant on term deposits need interest rates of about 4% to live off 'and that's getting really hard'

The interest rate that has dropped from 9.4% to 2.8%

Rabobank's perpetual, resettable NZ$900 mln 2007 bond issue has turned out a lot better for the bank than for investors

10th Oct 16, 10:11am

by Gareth Vaughan

Rabobank's perpetual, resettable NZ$900 mln 2007 bond issue has turned out a lot better for the bank than for investors

Will the reality of Len's dream deliver what Robbie's might have?

Auckland's City Rail Link - a very expensive punt, or the city's key economic enabler? Gareth Vaughan wades through the Business Case

8th Oct 16, 8:28am

by Gareth Vaughan

Auckland's City Rail Link - a very expensive punt, or the city's key economic enabler? Gareth Vaughan wades through the Business Case

'Bank margins are under real pressure'

NAB's Andrew Thorburn sets out the case for why mortgage rates don't necessarily follow official interest rates lower

7th Oct 16, 9:32pm

by Gareth Vaughan

NAB's Andrew Thorburn sets out the case for why mortgage rates don't necessarily follow official interest rates lower

Commerce Commission obtains highest fines yet against mobile traders

Waikato mobile traders Ace Marketing and Smart Shop fined $150k & $135k, Ace Marketing ordered to refund customer fees from 1,500 contracts

6th Oct 16, 2:28pm

by Gareth Vaughan

Waikato mobile traders Ace Marketing and Smart Shop fined $150k & $135k, Ace Marketing ordered to refund customer fees from 1,500 contracts

ANZ sees leadership opportunity in lowering credit card interest rates & fees

ANZ Group CEO and Deputy CEO see opportunities for risk-based credit card pricing through adoption of positive credit reporting

6th Oct 16, 9:17am

by Gareth Vaughan

ANZ Group CEO and Deputy CEO see opportunities for risk-based credit card pricing through adoption of positive credit reporting

Fair Play on Fees settles with ANZ

ANZ and Fair Play on Fees settle bank exception fees litigation with bank not admitting liability, no mention of payout for bank customers

5th Oct 16, 2:11pm

by Gareth Vaughan

ANZ and Fair Play on Fees settle bank exception fees litigation with bank not admitting liability, no mention of payout for bank customers

More than $720m withdrawn from KiwiSaver to fund house purchases

The number of KiwiSavers withdrawing money from the retirement savings scheme to help buy a house more than doubles

5th Oct 16, 11:46am

by Gareth Vaughan

The number of KiwiSavers withdrawing money from the retirement savings scheme to help buy a house more than doubles

Get your popcorn and coke, and tune in for the best show of the week

New Zealand bank executives can sit back and watch their bosses in Australia face the music knowing they won't be grilled by a parliamentary committee anytime soon

4th Oct 16, 1:29pm

by Gareth Vaughan

New Zealand bank executives can sit back and watch their bosses in Australia face the music knowing they won't be grilled by a parliamentary committee anytime soon

How much tax do Visa and Mastercard pay in NZ?

Visa and Mastercard dominate the New Zealand credit card market yet their local revenue, profit and notably tax, is minuscule

4th Oct 16, 5:02am

by Gareth Vaughan

Visa and Mastercard dominate the New Zealand credit card market yet their local revenue, profit and notably tax, is minuscule

RBNZ capital adequacy and liquidity policy reviews progress

Banks' capital adequacy and liquidity policy reviews underway at RBNZ against backdrop of international reforms

30th Sep 16, 4:51pm

by Gareth Vaughan

Banks' capital adequacy and liquidity policy reviews underway at RBNZ against backdrop of international reforms

Banks 'an industry of willing compliers'

NZ Bankers' Association wants Govt, not banks, to cough up more money to help fund the FMA

29th Sep 16, 1:36pm

by Gareth Vaughan

NZ Bankers' Association wants Govt, not banks, to cough up more money to help fund the FMA

'We are the agency best suited to be the supervisor for the real estate industry'

Real Estate Agents Authority argues any person or business carrying out activity involving real estate agency work should be subject to anti-money laundering laws

29th Sep 16, 5:02am

by Gareth Vaughan

Real Estate Agents Authority argues any person or business carrying out activity involving real estate agency work should be subject to anti-money laundering laws

Greens won't stand candidate in Mt Roskill by-election

Green Party says decision not to enter a candidate in a Mt Roskill by-election is to try and help prevent National winning

28th Sep 16, 9:55am

by Gareth Vaughan

Green Party says decision not to enter a candidate in a Mt Roskill by-election is to try and help prevent National winning

ANZ NZ tops up funding with covered bond issue

ANZ NZ in €1 billion (about NZ$1.55 billion) seven-year covered bond issue

27th Sep 16, 12:42pm

by Gareth Vaughan

ANZ NZ in €1 billion (about NZ$1.55 billion) seven-year covered bond issue

Companies Office botches Fennas Finance deregistration

Plot thickens around suspicious offshore controlled NZ company that appears to have used an ANZ NZ bank account in a pyramid scheme

27th Sep 16, 12:26pm

by Gareth Vaughan

Plot thickens around suspicious offshore controlled NZ company that appears to have used an ANZ NZ bank account in a pyramid scheme

New Reserve Bank chairman

Neil Quigley to succeed Rod Carr as Reserve Bank chairman, overseeing the monitoring of Governor Graeme Wheeler and the central bank's performance on behalf of Minister of Finance Bill English

27th Sep 16, 9:50am

by Gareth Vaughan

Neil Quigley to succeed Rod Carr as Reserve Bank chairman, overseeing the monitoring of Governor Graeme Wheeler and the central bank's performance on behalf of Minister of Finance Bill English

Bank branches and 20th century thinking

Banks are copping flak for shutting branches, but in a cold, hard business sense they could be closing more of them, Gareth Vaughan argues

26th Sep 16, 5:01am

by Gareth Vaughan

Banks are copping flak for shutting branches, but in a cold, hard business sense they could be closing more of them, Gareth Vaughan argues

Anti-money laundering regulators 'don't understand how law firms operate'

Auckland District Law Society wants NZ Law Society to supervise lawyers for anti-money laundering compliance, but doesn't want lawyers to pay for it

24th Sep 16, 6:02am

by Gareth Vaughan

Auckland District Law Society wants NZ Law Society to supervise lawyers for anti-money laundering compliance, but doesn't want lawyers to pay for it

ANZ offers 3.60% eight-month term deposit rate

ANZ increases its eight-month term deposit rate by 10 basis points to 3.60%, matching the bank's five-year rate

23rd Sep 16, 11:52am

by Gareth Vaughan

ANZ increases its eight-month term deposit rate by 10 basis points to 3.60%, matching the bank's five-year rate