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

'We should never win at our client's expense'

Report on ethics in the financial services sector argues ethics, risk and client satisfaction should be considered as well as profits in the awarding of bonuses

20th Sep 16, 1:01pm

by Gareth Vaughan

Report on ethics in the financial services sector argues ethics, risk and client satisfaction should be considered as well as profits in the awarding of bonuses

Harmoney lobbies Cabinet Minister over fees dispute

P2P lender Harmoney asks Commerce and Consumer Affairs Minister to 'clarify' fees issue through 'appropriate legislative changes'

20th Sep 16, 10:14am

by Gareth Vaughan

P2P lender Harmoney asks Commerce and Consumer Affairs Minister to 'clarify' fees issue through 'appropriate legislative changes'

'We're thinking more like a bank'

Squirrel Group's John Bolton has eyes on non-bank deposit taker's licence

20th Sep 16, 5:02am

by Gareth Vaughan

Squirrel Group's John Bolton has eyes on non-bank deposit taker's licence

BNZ director of retail and marketing quits

Craig Herbison, BNZ's director of retail and marketing, leaving the bank after five years

19th Sep 16, 10:48am

by Gareth Vaughan

Craig Herbison, BNZ's director of retail and marketing, leaving the bank after five years

'People are extremely yield hungry'

P2P lenders LendMe and Lending Crowd looking to ramp up after slow, conservative starts with low bank deposit rates seen offering big opportunity

17th Sep 16, 6:02am

by Gareth Vaughan

P2P lenders LendMe and Lending Crowd looking to ramp up after slow, conservative starts with low bank deposit rates seen offering big opportunity

About 30 legal appeals lodged against Auckland's Unitary Plan

Auckland Council says about 30 legal challenges made against Unitary Plan decisions as deadline nears

16th Sep 16, 3:18pm

by Gareth Vaughan

Auckland Council says about 30 legal challenges made against Unitary Plan decisions as deadline nears

MTF car loan securitisation raises $220 mln

Motor Trade Finance borrows $220 mln through medium-term notes issue secured by loans for (mostly) used cars

15th Sep 16, 2:12pm

by Gareth Vaughan

Motor Trade Finance borrows $220 mln through medium-term notes issue secured by loans for (mostly) used cars

Deposit battle to ramp up?

Fitch predicts NZ's Australian owned banks will want to boost deposit funding to meet incoming APRA rule

15th Sep 16, 11:35am

by Gareth Vaughan

Fitch predicts NZ's Australian owned banks will want to boost deposit funding to meet incoming APRA rule

Banks want flexibility in being able to respond to peer-to-peer lenders

Bank lobby group says P2P lenders must work hard to build their reputations in light of NZ's mass finance company collapses

15th Sep 16, 11:35am

by Gareth Vaughan

Bank lobby group says P2P lenders must work hard to build their reputations in light of NZ's mass finance company collapses

Newbies keen to join the licensed P2P ranks

Would-be peer-to-peer lenders keen to get in on the act despite uncertainty around fees

14th Sep 16, 4:15pm

by Gareth Vaughan

Would-be peer-to-peer lenders keen to get in on the act despite uncertainty around fees

Taxpayers to cough up half the cost of Auckland rail loop

Government pledges taxpayers' money to fund half the cost of Auckland's estimated $2.8b to $3.4b City Rail Link

14th Sep 16, 1:24pm

by Gareth Vaughan

Government pledges taxpayers' money to fund half the cost of Auckland's estimated $2.8b to $3.4b City Rail Link

RBNZ to review how rural lenders' judge bad debts

Reserve Bank 'thematic review' to probe banks' problem loan identification and provisioning practices in the dairy sector

12th Sep 16, 4:31pm

by Gareth Vaughan

Reserve Bank 'thematic review' to probe banks' problem loan identification and provisioning practices in the dairy sector

ANZ New Zealand's Apple Pay coup

ANZ NZ's move to partner with Apple Pay may be low key so far, but it's a big opportunity for the bank, Gareth Vaughan argues

12th Sep 16, 10:12am

by Gareth Vaughan

ANZ NZ's move to partner with Apple Pay may be low key so far, but it's a big opportunity for the bank, Gareth Vaughan argues

'Fees are restricted, but interest is not'

Emboldened by Supreme Court victory, the Commerce Commission sets out updated guidelines on lenders' fees

8th Sep 16, 12:15pm

by Gareth Vaughan

Emboldened by Supreme Court victory, the Commerce Commission sets out updated guidelines on lenders' fees

Apple Pay set for NZ launch

ANZ NZ customers with Visa credit and debit cards to be offered Apple Pay, bank 'excited' but there are challenges and customer habits to overcome

8th Sep 16, 10:32am

by Gareth Vaughan

ANZ NZ customers with Visa credit and debit cards to be offered Apple Pay, bank 'excited' but there are challenges and customer habits to overcome

Some cross border bank funding deals under threat

Government not proposing to exclude bank and insurance regulatory capital from the implementation of the OECD's hybrid mismatch tax rules in NZ

7th Sep 16, 9:58am

by Gareth Vaughan

Government not proposing to exclude bank and insurance regulatory capital from the implementation of the OECD's hybrid mismatch tax rules in NZ

PBOC sees digital currencies adopting paper money's circulation model

People's Bank of China keen on taking the lead in digital currency development, Deputy Governor writes in Bloomberg article

6th Sep 16, 2:42pm

by Gareth Vaughan

People's Bank of China keen on taking the lead in digital currency development, Deputy Governor writes in Bloomberg article

NZ's Chinese registered banks continue strong lending growth

Chinese banks' combined NZ lending pushes past $1.2 billion after strong June quarter growth

6th Sep 16, 2:39pm

by Gareth Vaughan

Chinese banks' combined NZ lending pushes past $1.2 billion after strong June quarter growth

NZ$ drops one place to be world's 11th most traded currency

Daily turnover in NZ foreign exchange market falls as US dollar appreciates, interest rate swap turnover surges

2nd Sep 16, 11:17am

by Gareth Vaughan

Daily turnover in NZ foreign exchange market falls as US dollar appreciates, interest rate swap turnover surges

Strong June quarter lending growth at small NZ-owned banks

Lending growth, driven by home loans, rises strongly at the Co-operative Bank, SBS Bank & TSB Bank

2nd Sep 16, 10:17am

by Gareth Vaughan

Lending growth, driven by home loans, rises strongly at the Co-operative Bank, SBS Bank & TSB Bank

'Depositors and policyholders may suffer losses'

RBNZ's head of prudential regulation says bank considering putting more focus on areas where 'the incentives on financial institutions differ most starkly from society’s interests'

1st Sep 16, 5:31pm

by Gareth Vaughan

RBNZ's head of prudential regulation says bank considering putting more focus on areas where 'the incentives on financial institutions differ most starkly from society’s interests'

Hundreds of millions of Apple Pay & Android Pay users seen within 5yrs

Juniper Research sees massive consumer spending growth via Apple Pay and Android Pay within two years

1st Sep 16, 4:27pm

by Gareth Vaughan

Juniper Research sees massive consumer spending growth via Apple Pay and Android Pay within two years

Borrower-based macro-prudential tools have 'limited effect' on house price growth

Major international report on the effectiveness of macro-prudential tools says the evidence 'remains tentative'

1st Sep 16, 9:55am

by Gareth Vaughan

Major international report on the effectiveness of macro-prudential tools says the evidence 'remains tentative'

Half-year bank ad spend takes a tumble

NZ banks reined in advertising spending during the first half of 2016 led by ANZ, with just 2 of 10 banks increasing spending

30th Aug 16, 5:23pm

by Gareth Vaughan

NZ banks reined in advertising spending during the first half of 2016 led by ANZ, with just 2 of 10 banks increasing spending

What happened Tuesday

A review of things you need to know before you go home on Tuesday; Residential building consents flat, ANZ Aust gains traction with Apple Pay as EU prepares to rule on Apple tax dodging

30th Aug 16, 4:05pm

by Gareth Vaughan

A review of things you need to know before you go home on Tuesday; Residential building consents flat, ANZ Aust gains traction with Apple Pay as EU prepares to rule on Apple tax dodging