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

'It is not our intention to respond'

Kiwibank staying mum on Fair Play on Fees' legal action over exception fees

15th Nov 13, 3:54pm

by Gareth Vaughan

Kiwibank staying mum on Fair Play on Fees' legal action over exception fees

ANZ borrows NZ$350m in debt issue

ANZ NZ raises NZ$350 mln in three-year floating rate note issue

15th Nov 13, 3:15pm

by Gareth Vaughan

ANZ NZ raises NZ$350 mln in three-year floating rate note issue

ICBC added to 'too big to fail' list

Chinese bank that's seeking NZ registration added to global 'too big to fail' list

15th Nov 13, 11:25am

by Gareth Vaughan

Chinese bank that's seeking NZ registration added to global 'too big to fail' list

Hisco staying, has 'best bank' target

ANZ NZ CEO David Hisco confirms he'll stay on, wants ANZ to become NZ's best bank

15th Nov 13, 9:45am

by Gareth Vaughan

ANZ NZ CEO David Hisco confirms he'll stay on, wants ANZ to become NZ's best bank

LVR avoidance warning for banks

RBNZ wary of 'regulatory leakage' from LVR restrictions, warns of potential 're-calibration' of restrictions if evidence of this emerges

14th Nov 13, 4:51pm

by Gareth Vaughan

RBNZ wary of 'regulatory leakage' from LVR restrictions, warns of potential 're-calibration' of restrictions if evidence of this emerges

2nd bank to be targeted in fees suit

Fair Play on Fees to name second bank in exception fees 'class action' today

13th Nov 13, 8:54am

by Gareth Vaughan

Fair Play on Fees to name second bank in exception fees 'class action' today

Lending money comes with risk

Gareth Vaughan argues banks' lending to big corporates on an unsecured basis shouldn't expect a taxpayer bailout if things turn to custard

12th Nov 13, 8:19am

by Gareth Vaughan

Gareth Vaughan argues banks' lending to big corporates on an unsecured basis shouldn't expect a taxpayer bailout if things turn to custard

What migration, credit shocks do to housing

Inward migration shock can have 9 year impact on housing market and credit restrictions a 15 year impact, Motu working paper suggests

12th Nov 13, 8:12am

by Gareth Vaughan

Inward migration shock can have 9 year impact on housing market and credit restrictions a 15 year impact, Motu working paper suggests

ASB cuts 2-year mortgage rate

ASB trims advertised 2-year mortgage rate for borrowers with at least 20% equity to 5.59%

8th Nov 13, 5:24pm

by Gareth Vaughan

ASB trims advertised 2-year mortgage rate for borrowers with at least 20% equity to 5.59%

ASB takes taxman to court

ASB takes legal action against the taxman over potential retrospective tax bill of at least $153 mln

8th Nov 13, 4:23pm

by Gareth Vaughan

ASB takes legal action against the taxman over potential retrospective tax bill of at least $153 mln

ASB reining in high LVR lending

Growth of ASB's high LVR lending slowed in September quarter with bank now taking 'all necessary steps' to comply with RBNZ limits

8th Nov 13, 4:06pm

by Gareth Vaughan

Growth of ASB's high LVR lending slowed in September quarter with bank now taking 'all necessary steps' to comply with RBNZ limits

ASB 1st quarter profit up 15%

ASB September quarter profit rises $27 mln to $204 mln with income growth well ahead of expense growth

8th Nov 13, 4:03pm

by Gareth Vaughan

ASB September quarter profit rises $27 mln to $204 mln with income growth well ahead of expense growth

Five take-outs from bank reporting season

ANZ NZ 'fit to play', BNZ's strong income growth, 2nd-half profit tops 1st-half, Russel Norman's bank profit bashing mellowing? Dividend conveyor belts

8th Nov 13, 8:00am

by Gareth Vaughan

ANZ NZ 'fit to play', BNZ's strong income growth, 2nd-half profit tops 1st-half, Russel Norman's bank profit bashing mellowing? Dividend conveyor belts

NZ 'mid-range' in financial secrecy

Greens' Russel Norman calls for 'secrecy loopholes' in NZ foreign trusts to be closed as NZ appears on global financial secrecy list

7th Nov 13, 4:54pm

by Gareth Vaughan

Greens' Russel Norman calls for 'secrecy loopholes' in NZ foreign trusts to be closed as NZ appears on global financial secrecy list

New core banking system on 'IT roadmap'

Westpac NZ has plan to replace its 1980s core banking system but isn't ready to bite the bullet yet

7th Nov 13, 3:41pm

by Gareth Vaughan

Westpac NZ has plan to replace its 1980s core banking system but isn't ready to bite the bullet yet

ASB, Rabobank movers in satisfaction survey

TSB, Kiwibank take Roy Morgan's monthly banking and finance customer satisfaction gongs for September

7th Nov 13, 3:38pm

by Gareth Vaughan

TSB, Kiwibank take Roy Morgan's monthly banking and finance customer satisfaction gongs for September

Rushworth new Paymark CEO

Ex-Vodafone, ihug and Pacific Fibre executive Mark Rushworth to succeed Simon Tong as Paymark's CEO

7th Nov 13, 2:58pm

by Gareth Vaughan

Ex-Vodafone, ihug and Pacific Fibre executive Mark Rushworth to succeed Simon Tong as Paymark's CEO

Govt seeks independent view on Chorus

Govt to get independent assessment of Chorus' financial position and its ability to meet broadband contractual commitments

7th Nov 13, 9:38am

by Gareth Vaughan

Govt to get independent assessment of Chorus' financial position and its ability to meet broadband contractual commitments

Chorus loans from 4 banks unsecured

Disgruntled Solid Energy lender Bank of Tokyo Mitsubishi also among the Commerce Commission challenged Chorus' banks

7th Nov 13, 8:00am

by Gareth Vaughan

Disgruntled Solid Energy lender Bank of Tokyo Mitsubishi also among the Commerce Commission challenged Chorus' banks

ASB lending margins 'under pressure'

ASB retail deposit margins improve, lending margins under pressure, parent CBA says in unveiling A$2.1b quarterly profit

6th Nov 13, 11:09am

by Gareth Vaughan

ASB retail deposit margins improve, lending margins under pressure, parent CBA says in unveiling A$2.1b quarterly profit

'I wish I could pay a dividend, even 1p!'

Kiwi at helm of UK bank that 'lent to anyone with a pulse' outlines fax use, customers happy to queue and balance sheet 'toxic waste'

6th Nov 13, 9:26am

by Gareth Vaughan

Kiwi at helm of UK bank that 'lent to anyone with a pulse' outlines fax use, customers happy to queue and balance sheet 'toxic waste'

Heartland gets 2nd investment grade rating

Heartland Bank assigned a BBB- rating with stable outlook from Fitch alongside S&P's BBB- 'developing' rating

5th Nov 13, 5:32pm

by Gareth Vaughan

Heartland Bank assigned a BBB- rating with stable outlook from Fitch alongside S&P's BBB- 'developing' rating

Westpac's 78 'micro' cost cutting moves

Westpac NZ removes duplication, cuts spending on entertainment and travel and reduces staff numbers to rein in cost growth

5th Nov 13, 5:06pm

by Gareth Vaughan

Westpac NZ removes duplication, cuts spending on entertainment and travel and reduces staff numbers to rein in cost growth

Westpac NZ's lofty global ambition

Westpac aiming to be world's best digital bank after CEO found 'digital offering not up to standard' on his arrival

5th Nov 13, 4:50pm

by Gareth Vaughan

Westpac aiming to be world's best digital bank after CEO found 'digital offering not up to standard' on his arrival

ASB in €500m covered bond issue

ASB borrows €500 million in five-year covered bond issue

5th Nov 13, 9:40am

by Gareth Vaughan

ASB borrows €500 million in five-year covered bond issue