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 2 months

Latest articles

'10 KiwiSaver default providers manageable'

ANZ Wealth boss John Body says govt should introduce KiwiSaver auto-enrolment before it resumes contributions to NZ Super Fund

18th Feb 14, 5:25pm

by Gareth Vaughan

ANZ Wealth boss John Body says govt should introduce KiwiSaver auto-enrolment before it resumes contributions to NZ Super Fund

Spotlight on NZ covered bonds

NZ banks now have $20b of assets, including 143,627 home loans, guaranteeing covered bonds

18th Feb 14, 5:16pm

by Gareth Vaughan

NZ banks now have $20b of assets, including 143,627 home loans, guaranteeing covered bonds

ASB's net interest margins on the march

The rise and rise of ASB's net interest margins as it throws its growth of high LVR lending into reverse

18th Feb 14, 9:10am

by Gareth Vaughan

The rise and rise of ASB's net interest margins as it throws its growth of high LVR lending into reverse

'Even the ugly stuff is shifting'

Heartland boss Jeff Greenslade confident victory over dud legacy property portfolio is near

18th Feb 14, 9:03am

by Gareth Vaughan

Heartland boss Jeff Greenslade confident victory over dud legacy property portfolio is near

'Better than finance company debentures'

Heartland boss says constraints on reverse equity mortgages in NZ have been supply driven not demand driven

17th Feb 14, 1:50pm

by Gareth Vaughan

Heartland boss says constraints on reverse equity mortgages in NZ have been supply driven not demand driven

ASB's activity based working 'a success'

ASB boss says move to activity based working in new HQ has cut paper use and led to fewer meetings

17th Feb 14, 8:02am

by Gareth Vaughan

ASB boss says move to activity based working in new HQ has cut paper use and led to fewer meetings

Big banks' low bad debts in focus

Big banks' bottom lines getting benefit from low bad debt levels, but does this mean banks are over earning?

17th Feb 14, 7:58am

by Gareth Vaughan

Big banks' bottom lines getting benefit from low bad debt levels, but does this mean banks are over earning?

Heartland buying reverse equity mortgage business

Heartland Bank plans to buy reverse equity mortgage businesses Sentinel in NZ and Australian Seniors Finance for NZ$87 mln

14th Feb 14, 9:27am

by Gareth Vaughan

Heartland Bank plans to buy reverse equity mortgage businesses Sentinel in NZ and Australian Seniors Finance for NZ$87 mln

ASB boss dismissive of Westpac aim

ASB's Barbara Chapman dismisses Westpac's aim of being NZ's best digital bank as 'a PR announcement'

13th Feb 14, 5:49pm

by Gareth Vaughan

ASB's Barbara Chapman dismisses Westpac's aim of being NZ's best digital bank as 'a PR announcement'

'10% speed limit lower than expected'

CEO Barbara Chapman says ASB now has 'a great degree of comfort' with RBNZ's high LVR restrictions after being taken aback at how low limit was set

13th Feb 14, 5:49pm

by Gareth Vaughan

CEO Barbara Chapman says ASB now has 'a great degree of comfort' with RBNZ's high LVR restrictions after being taken aback at how low limit was set

S&P warns of dangers of house price inflation

Standard & Poor's says NZ's rising house prices could lead to a sharp fall if there's an external economic shock

13th Feb 14, 12:27pm

by Gareth Vaughan

Standard & Poor's says NZ's rising house prices could lead to a sharp fall if there's an external economic shock

Andrew Hooker's olive branch for banks

Bank suer Andrew Hooker says settlement in fees cases 'always an option', suggests limitation period could be doubled from 6 years

12th Feb 14, 5:22pm

by Gareth Vaughan

Bank suer Andrew Hooker says settlement in fees cases 'always an option', suggests limitation period could be doubled from 6 years

ASB half-year profit rises 14%

ASB half-year net profit after tax rises 14% to a record high of NZ$416 mln

12th Feb 14, 10:54am

by Gareth Vaughan

ASB half-year net profit after tax rises 14% to a record high of NZ$416 mln

Bank ad spend surged in 2013

Banks, led by ANZ, increased annual advertising spending by 15% to $119.3 mln in 2013

11th Feb 14, 4:25pm

by Gareth Vaughan

Banks, led by ANZ, increased annual advertising spending by 15% to $119.3 mln in 2013

Bond 'tap' from Westpac NZ

Westpac seeks up to NZ$500 mln in 'tap' of existing bond due to mature in September 2018

11th Feb 14, 4:22pm

by Gareth Vaughan

Westpac seeks up to NZ$500 mln in 'tap' of existing bond due to mature in September 2018

Enquiries, complaints about banks rise

Banking Ombudsman says enquiries and complaints rose 10% in first half-year but disputes fell 27%

11th Feb 14, 4:20pm

by Gareth Vaughan

Banking Ombudsman says enquiries and complaints rose 10% in first half-year but disputes fell 27%

Bank won't appeal Solid Energy ruling

Bank of Tokyo-Mitsubishi to take unsuccessful Solid Energy debt restructure challenge on the chin, won't appeal court judgment

11th Feb 14, 4:16pm

by Gareth Vaughan

Bank of Tokyo-Mitsubishi to take unsuccessful Solid Energy debt restructure challenge on the chin, won't appeal court judgment

ANZ 'growing home loan book strongly'

ANZ group posts A$200 mln, or 13%, rise in 1st quarter profit, says NZ unit growing home loans strongly

11th Feb 14, 11:16am

by Gareth Vaughan

ANZ group posts A$200 mln, or 13%, rise in 1st quarter profit, says NZ unit growing home loans strongly

ASB, BNZ, Westpac added to bank fees case

Fair Play on Fees pulls ASB, BNZ and Westpac into its representative action over bank penalty fees

11th Feb 14, 10:12am

by Gareth Vaughan

Fair Play on Fees pulls ASB, BNZ and Westpac into its representative action over bank penalty fees

Aussie banks 'loosen' lending standards

Lending standards on mortgages and corporate loans loosening in Australia, UBS says

10th Feb 14, 3:56pm

by Gareth Vaughan

Lending standards on mortgages and corporate loans loosening in Australia, UBS says

BNZ signs up for govt's RealMe

BNZ the 1st of the big 4 banks to sign up for online identity verification service RealMe

10th Feb 14, 11:32am

by Gareth Vaughan

BNZ the 1st of the big 4 banks to sign up for online identity verification service RealMe

Ratepayers pay up for Brown's E&Y report

Auckland Mayor Len Brown coughing up $40k towards E&Y report on his affair, Auckland ratepayers to pay $210k

7th Feb 14, 5:23pm

by Gareth Vaughan

Auckland Mayor Len Brown coughing up $40k towards E&Y report on his affair, Auckland ratepayers to pay $210k

'Aussie judgment good for NZ banks'

Australian class action court ruling 'very favourable development for NZ banks factually'

7th Feb 14, 4:10pm

by Gareth Vaughan

Australian class action court ruling 'very favourable development for NZ banks factually'

Slowing Chinese growth 'good news'

ANZ's Mike Smith says rebalancing of China's economy requires strategy, time and determination, which China has in spades

7th Feb 14, 4:04pm

by Gareth Vaughan

ANZ's Mike Smith says rebalancing of China's economy requires strategy, time and determination, which China has in spades

'Listen to the Productivity Commission'

Greens' Russel Norman says IAG's Lumley buy may lead to higher insurance premiums, wants competition law strengthened

7th Feb 14, 12:02pm

by Gareth Vaughan

Greens' Russel Norman says IAG's Lumley buy may lead to higher insurance premiums, wants competition law strengthened