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

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

'Non-bank lenders not the silver bullet for everything the RBNZ carves out'

Demand from property investors sees non-bank lender Resimac's monthly loan application volume treble to about $120 million

22nd Sep 16, 12:06pm

by Gareth Vaughan

Demand from property investors sees non-bank lender Resimac's monthly loan application volume treble to about $120 million

Interchange provides 'enormous value to everyone'

Bank lobby group says interchange fees are 'set in a competitive commercial environment' as the Government mulls regulation

22nd Sep 16, 10:12am

by Gareth Vaughan

Bank lobby group says interchange fees are 'set in a competitive commercial environment' as the Government mulls regulation

'The case for retail payments regulation in NZ needs to be investigated'

Government mulling credit, debit card interchange fees charged to businesses and surcharges faced by consumers in retail payments probe

21st Sep 16, 12:33pm

by Gareth Vaughan

Government mulling credit, debit card interchange fees charged to businesses and surcharges faced by consumers in retail payments probe

Where banks and FinTechs should collaborate

Report on bank-FinTech collaboration and tension outlines areas where banks can benefit from working with the newcomers

21st Sep 16, 11:38am

by Gareth Vaughan

Report on bank-FinTech collaboration and tension outlines areas where banks can benefit from working with the newcomers

Goldsmith asks officials to probe Harmoney's concerns

Commerce and Consumer Affairs Minister gets govt officials to look into concerns raised with him by Harmoney over P2P lenders' fees & the CCCFA

21st Sep 16, 5:01am

by Gareth Vaughan

Commerce and Consumer Affairs Minister gets govt officials to look into concerns raised with him by Harmoney over P2P lenders' fees & the CCCFA

Lawyers want to supervise themselves for anti-money laundering compliance

Banks, accountants' lobby groups push for new Australian-style single anti-money laundering regulator

21st Sep 16, 5:01am

by Gareth Vaughan

Banks, accountants' lobby groups push for new Australian-style single anti-money laundering regulator

'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