HOT TOPICS:   Euro crisis   |   Mortgage rate cuts  |    Budget 2012

In this section

The comment stream

Recent comments

"Maybe our economy and the global economy will never get back to "normal". Bernard in the...
Wolly 'Next 5-10 years make or break for NZ'
Aye, that's the kind of thing I'm talking about.  I can see those things happening. But....
mist42nz Budget 2012 reactions
If 40story turbines are in a res zone. Then the problem is not with the generation company. It's with...
mist42nz 'Next 5-10 years make or break for NZ'
CHRISTCHURCH COUNCIL NEEDS BIG SORT OUT - FAST   The Press article "Council rules out need for sell...
Hugh Pavletich Friday's Top 10 with NZ Mint
Yes...unless it is rental income given how rental receipts are defined in the Act. As an aside this is why...
speckles 'Next 5-10 years make or break for NZ'
Well mist42nz, Glaxo didn't plan to stick 40 story turbines right over residential property and for those...
OMG 'Next 5-10 years make or break for NZ'
I only have the specifics for the ones setup by myself (as assistant) and the guy in charge (Chris, who did...
mist42nz 'Next 5-10 years make or break for NZ'
IRD say so. and the law backs them up. It's illegal to set up a company with a constant loss projection...
mist42nz 'Next 5-10 years make or break for NZ'
And that is precisely the reason we need Gareth and co, or anyone else in the media industry to speak up,...
ctnz What covered bonds mean for ma and pa
Len Brown cudly and personable? Well I guess we have to cater to all tastes.
scarfie Friday's Top 10 with NZ Mint

See more

Articles by Gareth Vaughan

Never a dull moment for the NZ$

25 May 12, 5:22pm, Gareth Vaughan
HiFX's Dan Bell says European Central Bank may cut interest rates and get its printing press out again before the all important June 17 Greek election

What covered bonds mean for ma and pa

25 May 12, 4:45pm, Gareth Vaughan
What anyone with a home loan and/or bank deposit needs to know about the bank bonds compared with drugs and prostitution

ASB March quarter profit up 21%

25 May 12, 4:34pm, Gareth Vaughan
ASB posts 21% rise in unaudited March quarter profit to NZ$160 mln as impairments fall; Big drop in home loans with loan-to-valuation ratios over 90% explained

Retail bank sought for SOE floats

Updated 25 May 12, 10:14am, Gareth Vaughan
Treasury seeks retail bank to help with up to 250,000 applications from retail investors for shares in each SOE; Printer to be sought next

BNZ's high LVR mortgages up again

24 May 12, 4:57pm, Gareth Vaughan
BNZ grows residential mortgages with loan-to-valuation ratios above 80% in March quarter

ASB cuts 6, 18 mth mortgage rates

24 May 12, 4:31pm, Gareth Vaughan
ASB cutting 6 and 18 month fixed-term mortgage rates with 6-month rate down to 5.25%

F&P Finance awaits key court ruling

Updated 24 May 12, 9:46am, Gareth Vaughan
Fisher & Paykel Finance posts drop in annual operating earnings after intellectual property court case; Delivers 19.4% return on equity

Door open for covered bonds from non-banks

23 May 12, 4:53pm, Gareth Vaughan
Govt Bill allows banks to use assets other than residential mortgages for covered bond security and entities other than registered banks to issue covered bonds in the future

Big new property syndicator born

23 May 12, 2:23pm, Gareth Vaughan
Property syndicators KCL Group and Commercial Investment Properties combine to form entity with about NZ$800 mln of assets

HSBC, Co-op Bank latest to cut

Updated 22 May 12, 5:45pm, Gareth Vaughan
HSBC and the Co-operative Bank both cut some advertised fixed-term mortgage rates and some term deposit rates

Basel III moral hazards highlighted

22 May 12, 4:31pm, Gareth Vaughan
Fitch sees potential for worse deals for customers, riskier activities & regulatory arbitrage from 'too big to fail banks' needing US$566b to meet Basel III rules

Rabobank's NZ$19.6m quarterly profit

22 May 12, 4:26pm, Gareth Vaughan
Rural lender Rabobank records 48% rise in March quarter profit despite increase in impairments on loans

SBS Bank introduces 4.99% mortgage

Updated 22 May 12, 9:06am, Gareth Vaughan
SBS Bank introduces 4.99% 6-month 'special' home loan rate, cuts 2-year mortgage rate and 18-month term deposit rates too

The raid that shocked a Cabinet Minister

21 May 12, 4:22pm, Gareth Vaughan
Commerce Minister Craig Foss says the regulatory systems in Japan & Britain ultimately worked by catching out the firm he worked for

BNZ to call $350m of bonds in June

Updated 21 May 12, 12:23pm, Gareth Vaughan
BNZ to repay NZ$350 mln of callable bonds on June 15, mulls new bond issue and offers holders 20bp increase on term deposits

Term deposit rates head south

21 May 12, 11:16am, Gareth Vaughan
Sister banks ANZ and National, plus Kiwibank, launch another round of term deposit rate cuts

'Sovereign indebtedness isn't being solved'

18 May 12, 4:06pm, Gareth Vaughan
Formal Greek debt default and euro exit would have 'material' impact on markets, Kiwi boss of ASB's parent Ian Narev says, although 'forward planning' would cushion this

Strong mortgage approval run continues

17 May 12, 4:31pm, Gareth Vaughan
More than NZ$1 bln worth of mortgages approved last week for 12th week out of last 13; Strongest run since 2007

Mortgage rate price war intensifies

Updated 17 May 12, 11:52am, Gareth Vaughan
Kiwibank, Westpac, ASB & TSB in new round of cuts to advertised fixed-term mortgage rates; Kiwibank continues with 4.99% 1-year 'special'; Floating rates unchanged

ASB margins 'steady in competitive environment'

Updated 17 May 12, 11:39am, Gareth Vaughan
ASB's Aussie parent says NZ unit maintained strong operating income in March quarter; ASB gets 3 new directors

The bank with the most profitable staff

16 May 12, 5:01pm, Gareth Vaughan
BNZ is the NZ bank with the highest annual profit per full time employee at about NZ$155,284, followed by ASB, ANZ and Westpac

ANZ ramps up Chinese investment

16 May 12, 11:55am, Gareth Vaughan
The ANZ Group almost doubles investment in its Chinese subsidiary to about A$695 mln (about NZ$899 mln)

When a co-operative isn't a co-operative

15 May 12, 5:20pm, Gareth Vaughan
Advertising watchdog tells Co-operative Bank that calling itself NZ's first and only co-operatively owned bank is narrow and technical when mutually owned SBS Bank exists

Co-op Bank cuts mortgage rates

Updated 15 May 12, 4:45pm, Gareth Vaughan
The Co-operative Bank joins fixed-term mortgage rate cutting party with cuts to 6 month and 1-4 year rates

Simplified bank switching's slow uptake

Updated 15 May 12, 12:12pm, Gareth Vaughan
New ease of bank switching flies under many customers' radars despite Kiwibank and ASB's promotion of it