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

Co-op Bank grows mortgages 2%

September quarter profit up 23%, mortgage book grows 2% at the Co-operative Bank

5th Dec 13, 10:28pm

by Gareth Vaughan

September quarter profit up 23%, mortgage book grows 2% at the Co-operative Bank

Co-op Bank gets BBB- Fitch rating

Fitch Ratings assigns investment grade credit rating to the Co-operative Bank, says profitability is likely to improve

5th Dec 13, 2:39pm

by Gareth Vaughan

Fitch Ratings assigns investment grade credit rating to the Co-operative Bank, says profitability is likely to improve

Mortgage approvals at post-LVR limit high

Weekly mortgage approvals reach highest level by both volume and value since RBNZ's low equity loan restrictions were introduced

5th Dec 13, 8:00am

by Gareth Vaughan

Weekly mortgage approvals reach highest level by both volume and value since RBNZ's low equity loan restrictions were introduced

More aggressive pricing boosts SBS

SBS Bank back in lending growth mode as it competes more on price and opens shop in Auckland

4th Dec 13, 4:55pm

by Gareth Vaughan

SBS Bank back in lending growth mode as it competes more on price and opens shop in Auckland

NAB told to sell Thorburn chaired US bank

Citi analysts say NAB should sell the Andrew Thorburn chaired US bank Great Western

4th Dec 13, 4:44pm

by Gareth Vaughan

Citi analysts say NAB should sell the Andrew Thorburn chaired US bank Great Western

HSBC NZ raises $200 mln

Five-year HSBC bond issue raises $200 mln, priced at 90 basis points over the bank bill rate

4th Dec 13, 2:20pm

by Gareth Vaughan

Five-year HSBC bond issue raises $200 mln, priced at 90 basis points over the bank bill rate

Westpac takes 'app challenge' to UK

Westpac NZ offers Brits cash and a NZ holiday in exchange for mobile and web banking app ideas

4th Dec 13, 10:45am

by Gareth Vaughan

Westpac NZ offers Brits cash and a NZ holiday in exchange for mobile and web banking app ideas

Banking Ombudsman signs up interpreter

Banking Ombudsman reconfirms maximum amounts of money disgruntled bank customers can be awarded, joins interpreting service

4th Dec 13, 9:21am

by Gareth Vaughan

Banking Ombudsman reconfirms maximum amounts of money disgruntled bank customers can be awarded, joins interpreting service

'No clouds on the horizon'

UDC Finance CEO sees 'incredibly positive' outlook, continued drop in deposit rates and new competition from BNZ

3rd Dec 13, 4:11pm

by Gareth Vaughan

UDC Finance CEO sees 'incredibly positive' outlook, continued drop in deposit rates and new competition from BNZ

Bill English 'politician of the year'

Bill English, 'a quiet achiever who will deliver the Govt’s promised surplus', is politician of the year according to Trans Tasman Political Alert

3rd Dec 13, 1:02pm

by Gareth Vaughan

Bill English, 'a quiet achiever who will deliver the Govt’s promised surplus', is politician of the year according to Trans Tasman Political Alert

90 seconds at 9 am: Chorus goes to court

90 seconds at 9 am: US manufacturing accelerates; Chorus goes to court; Amazon's drones; Australian exception fees case in court

3rd Dec 13, 8:24am

by Gareth Vaughan

90 seconds at 9 am: US manufacturing accelerates; Chorus goes to court; Amazon's drones; Australian exception fees case in court

ASB touts backdated transaction feeds

ASB says strategic alliance gives it more integration with Xero than any other NZ bank

3rd Dec 13, 7:00am

by Gareth Vaughan

ASB says strategic alliance gives it more integration with Xero than any other NZ bank

Pay rises for ANZ management

ANZ NZ's directors and senior management get combined $2.93 mln, or 18%, increase in annual pay

3rd Dec 13, 6:05am

by Gareth Vaughan

ANZ NZ's directors and senior management get combined $2.93 mln, or 18%, increase in annual pay

Westpac's new 1st home buyer offer

Westpac to give 1st home buyers preferential treatment for low equity loans if they have a deposit of at least $10,000

3rd Dec 13, 5:00am

by Gareth Vaughan

Westpac to give 1st home buyers preferential treatment for low equity loans if they have a deposit of at least $10,000

Quarterly profit drop for rural lender

Rabobank NZ's September quarter profit falls 10% as loan impairments rise, income falls

2nd Dec 13, 4:17pm

by Gareth Vaughan

Rabobank NZ's September quarter profit falls 10% as loan impairments rise, income falls

First home buyer purchases rise

Property IQ says 20% of home sales since start of last year to first home buyers, with increases since RBNZ loan restrictions were introduced

2nd Dec 13, 12:19pm

by Gareth Vaughan

Property IQ says 20% of home sales since start of last year to first home buyers, with increases since RBNZ loan restrictions were introduced

'When we’re growing, NZ is growing'

UDC Finance posts annual profit of almost $43 mln, increase of $5 mln, as net interest income grows

2nd Dec 13, 9:23am

by Gareth Vaughan

UDC Finance posts annual profit of almost $43 mln, increase of $5 mln, as net interest income grows

ASB to unveil 'PayHere'

ASB says upgrade to mobile banking app will add ability for customers to authorise payments via mobile phone numbers instead of credit card details

2nd Dec 13, 7:00am

by Gareth Vaughan

ASB says upgrade to mobile banking app will add ability for customers to authorise payments via mobile phone numbers instead of credit card details

'NZ staff didn't know of Libor fixing'

Rabobank NZ says no local staff were involved in, or aware of, behaviour that saw its Dutch parent pay €774m to settle regulatory probes into Libor and Euribor rigging

2nd Dec 13, 7:00am

by Gareth Vaughan

Rabobank NZ says no local staff were involved in, or aware of, behaviour that saw its Dutch parent pay €774m to settle regulatory probes into Libor and Euribor rigging

Westpac pledges 'actionable insight' for SMEs

Westpac says new 'Get Feedback' app gives SMEs the ability to properly understand customer behaviour, change it and commercially benefit from doing so

29th Nov 13, 4:53pm

by Gareth Vaughan

Westpac says new 'Get Feedback' app gives SMEs the ability to properly understand customer behaviour, change it and commercially benefit from doing so

University role to push Asia engagement

New BNZ sponsored Victoria University based professor aims to help develop 'more holistic understanding' of Asian market for NZ businesses

29th Nov 13, 6:50am

by Gareth Vaughan

New BNZ sponsored Victoria University based professor aims to help develop 'more holistic understanding' of Asian market for NZ businesses

Payment & settlement review at RBNZ

RBNZ hires E&Y to help review its payment and settlement systems ahead of 'substantial' upgrades

28th Nov 13, 9:22pm

by Gareth Vaughan

RBNZ hires E&Y to help review its payment and settlement systems ahead of 'substantial' upgrades

HSBC quarterly profit up 31%

HSBC NZ posts strong rise in September quarter profit and grows home loans

28th Nov 13, 5:43pm

by Gareth Vaughan

HSBC NZ posts strong rise in September quarter profit and grows home loans

Reduction in Heartland's bad loans

Heartland Bank past due and impaired assets reduced during September quarter

28th Nov 13, 5:40pm

by Gareth Vaughan

Heartland Bank past due and impaired assets reduced during September quarter

High LVR lending halves in just 1 month

RBNZ says banks reduced low equity mortgage lending to 11.7% of total new mortgage lending in October from 25.5% in September

28th Nov 13, 12:00pm

by Gareth Vaughan

RBNZ says banks reduced low equity mortgage lending to 11.7% of total new mortgage lending in October from 25.5% in September