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Gareth Vaughan

Gareth is a senior journalist with interest.co.nz and has worked for more than a decade as a financial journalist in New Zealand and the UK.

Articles by Gareth Vaughan
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Articles by Gareth Vaughan


ASB's 90% plus LVR lending jumps

09 Feb 12, 4:00pm, Gareth Vaughan
Big banks' 90%-plus home loans up NZ$2.9 bln in a year with ASB's more than doubling to NZ$3.4 bln

SBS trims 2, 3 yr home loan rates

09 Feb 12, 3:17pm, Gareth Vaughan
SBS Bank cuts 2 and 3 year home loan rates by 10 and 20 basis points respectively

Possible UK exit for BNZ's parent

08 Feb 12, 4:12pm, Gareth Vaughan
BNZ's parent reviewing its UK business which has drained £1.5bln in 3 yrs v BNZ's NZ$1.1 bln of dividends

ASB sets 2nd covered bond issue

08 Feb 12, 9:35am, Gareth Vaughan
ASB issues NZ$200 million worth of seven-year covered bonds in private placement

Bank results swing into focus

07 Feb 12, 2:03pm, Gareth Vaughan
Eyes on the big Australasian banks' profits; RBA leaves cash rate at 4.25%

BNZ's Q1 'a solid performance'

Updated 07 Feb 12, 10:24am, Gareth Vaughan
National Australia Bank says NZ subsidiary BNZ's first quarter bolstered by higher fee income & business banking; NAB reviewing UK business

BNZ's JB Were eyes SOE floats

03 Feb 12, 3:58pm, Gareth Vaughan
NAB and BNZ's majority-owned wealth manager JBWere eyes NZ opportunities as SOE floats loom

Victory for Armers at Dairy Holdings

Updated 03 Feb 12, 10:52am, Gareth Vaughan
NZ shareholders Colin & Dale Armer, Alan Pye and Jagewi Ltd move to full ownership of Dairy Holdings; Armers 'very pleased' with NZ solution

ANZ eyes retail bond issue

03 Feb 12, 9:24am, Gareth Vaughan
ANZ New Zealand eyes new retail bond issue; Will repay existing NZ$250 mln issue early

Bank CEO defends bank profits

02 Feb 12, 4:09pm, Gareth Vaughan
'Thank goodness we're profitable', BNZ CEO says of NZ banks operating in one of the most 'efficient and competitive' global banking systems. Your view?

RaboDirect hikes deposit rates

02 Feb 12, 3:52pm, Gareth Vaughan
RaboDirect lifts 1-5 year term deposit rates; BNZ, ANZ and National lift online account deposit rates. Term deposit war brewing?

Kiwibank cuts fixed mortgage rates

02 Feb 12, 12:24pm, Gareth Vaughan
Kiwibank joins rush to cut fixed-term home loan rates; Now offers joint lowest 3 and 5 year rates; Most customers floating

Peace breaks out at Dairy Holdings

01 Feb 12, 4:15pm, Gareth Vaughan
'Banks in support' as resolution to 'financially sound' Dairy Holdings' shareholder stoush nears; NZ Super Fund possible buyer of 50% stake

Floating mortgage share hits record 61%

01 Feb 12, 3:59pm, Gareth Vaughan
Share of home mortgage borrowers on floating rates rises to record high despite banks trimming fixed mortgage rates and warning of higher OCR

Kiwibank credit outlook 'negative'

Updated 01 Feb 12, 9:18am, Gareth Vaughan
Standard and Poor's affirms Kiwibank's AA- credit rating but drops its outlook to negative from stable

BNZ in €500 mln covered bond issue

31 Jan 12, 5:00pm, Gareth Vaughan
BNZ issues €500 mln (NZ$801 mln) of 3-year covered bonds priced at 113 basis points over swap rate

Good news for Rabobank's lion loan

31 Jan 12, 3:31pm, Gareth Vaughan
Receiver PwC strikes deal to sell Zion Wildlife Gardens, which owes Rabobank NZ$2.7 mln, with "Lion Man" Craig Busch back

New big bank downgrade threat

31 Jan 12, 9:35am, Gareth Vaughan
Fitch Ratings places big 4 Australian banks & their NZ subsidiaries on credit watch negative

Credit risk the top bank banana skin

31 Jan 12, 5:05am, Gareth Vaughan
Global survey by think tank & PwC finds gloomy outlook for banks with local respondents most worried about credit risk

'You can't control banks' - George Kerr

27 Jan 12, 4:18pm, Gareth Vaughan
Heartland NZ's biggest shareholder wants the bank wannabe to achieve 'explosive returns' over 20 years like Wells Fargo and Westpac did