Gareth Vaughan

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 7 months

Latest articles

ANZ NZ raises NZ$400 mln

ANZ NZ borrows $400 mln in 5-year bond issue as it rains domestic bond offers

21st Feb 14, 3:24pm

by Gareth Vaughan

ANZ NZ borrows $400 mln in 5-year bond issue as it rains domestic bond offers

Westpac Q1 profit surges 55%

Westpac December quarter profit rises on higher fee income, lower expenses and impairments

20th Feb 14, 5:03pm

by Gareth Vaughan

Westpac December quarter profit rises on higher fee income, lower expenses and impairments

AMP 'passing on' life insurance cost rises

AMP Financial Services says changes to the taxation of life insurance will cut profit by $20m annually from 2015

20th Feb 14, 1:07pm

by Gareth Vaughan

AMP Financial Services says changes to the taxation of life insurance will cut profit by $20m annually from 2015

Auckland Council eyes 10-year bonds

Auckland Council plans 10-year retail bond issue

20th Feb 14, 12:47pm

by Gareth Vaughan

Auckland Council plans 10-year retail bond issue

RBNZ 'not running zero failure insurance regime'

RBNZ says insurance regulation will focus on big insurers and/or those deemed to be at higher risk of failure

20th Feb 14, 12:15pm

by Gareth Vaughan

RBNZ says insurance regulation will focus on big insurers and/or those deemed to be at higher risk of failure

Big banks muscle in on Heartland niches

First NZ Capital suggests niche player Heartland Bank faces competition from big banks looking to replace earnings lost due to LVR restrictions

19th Feb 14, 4:34pm

by Gareth Vaughan

First NZ Capital suggests niche player Heartland Bank faces competition from big banks looking to replace earnings lost due to LVR restrictions

Kiwibank profit may fall

Kiwibank interim profit under pressure to match last year's record high

19th Feb 14, 4:32pm

by Gareth Vaughan

Kiwibank interim profit under pressure to match last year's record high

Ministers on the move

English heads to G20 meeting in Sydney, Groser to TTP talks in Singpaore, and Bridges to Norway, the US and Canada

19th Feb 14, 2:11pm

by Gareth Vaughan

English heads to G20 meeting in Sydney, Groser to TTP talks in Singpaore, and Bridges to Norway, the US and Canada

Fixed-rate bond offer from Contact

Contact Energy seeks up to $250 mln in 5-year bond offer that'll pay 5.80% to 6% interest

19th Feb 14, 11:10am

by Gareth Vaughan

Contact Energy seeks up to $250 mln in 5-year bond offer that'll pay 5.80% to 6% interest

'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%