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

Record interim profit for ANZ NZ

ANZ NZ posts half-year profit of NZ$655 mln as it cuts costs and provisions for bad loans fall

30th Apr 13, 10:36am

by Gareth Vaughan

ANZ NZ posts half-year profit of NZ$655 mln as it cuts costs and provisions for bad loans fall

Christchurch rebuild cost rises $10b

PM John Key says Treasury has increased estimated cost of Christchurch rebuild to NZ$40 billion but govt still on track for 2014/15 return to surplus

29th Apr 13, 8:55am

by Gareth Vaughan

PM John Key says Treasury has increased estimated cost of Christchurch rebuild to NZ$40 billion but govt still on track for 2014/15 return to surplus

SOE float manager speaks out

Mighty River Power IPO managers make rare move of speaking on the record prior to float; say few investors have pulled out after Labour/Greens policy shock

24th Apr 13, 4:59pm

by Gareth Vaughan

Mighty River Power IPO managers make rare move of speaking on the record prior to float; say few investors have pulled out after Labour/Greens policy shock

Big 4 banks in a 'sweet spot'

Australasia's big 4 banks expected to post combined 5% rise in half-year cash earnings to A$13.22 billion

24th Apr 13, 4:45pm

by Gareth Vaughan

Australasia's big 4 banks expected to post combined 5% rise in half-year cash earnings to A$13.22 billion

ANZ awarded Asian Banker gongs

Magazine's awards for ANZ NZ and its CEO David Hisco recognise success in merging the ANZ and National banks, including move to one IT platform

24th Apr 13, 1:40pm

by Gareth Vaughan

Magazine's awards for ANZ NZ and its CEO David Hisco recognise success in merging the ANZ and National banks, including move to one IT platform

Auckland suburban dream still strong

Auckland apartment dwellers generally view their living arrangement as little more than a transitory stage and dream of suburbia, study shows

24th Apr 13, 10:59am

by Gareth Vaughan

Auckland apartment dwellers generally view their living arrangement as little more than a transitory stage and dream of suburbia, study shows

UDC sees improved borrower confidence

Tessa Price, CEO of asset financier UDC, says customers now prepared to buy assets without waiting for actual contracts

23rd Apr 13, 4:12pm

by Gareth Vaughan

Tessa Price, CEO of asset financier UDC, says customers now prepared to buy assets without waiting for actual contracts

Here come the high rises

Auckland Council gives its 'poster child for brownfields development', a 10-storey apartment block in New Lynn, the green light

23rd Apr 13, 12:18pm

by Gareth Vaughan

Auckland Council gives its 'poster child for brownfields development', a 10-storey apartment block in New Lynn, the green light

ANZ launches $500m start-up fund

ANZ says it aims to lend at least NZ$500 mln to start-up businesses over two years in an effort to help reduce unemployment

23rd Apr 13, 9:40am

by Gareth Vaughan

ANZ says it aims to lend at least NZ$500 mln to start-up businesses over two years in an effort to help reduce unemployment

'The Chinese want to understand our business'

China's Haier has no plans to sell Fisher & Paykel Finance, says outgoing managing director Alastair Macfarlane

22nd Apr 13, 4:33pm

by Gareth Vaughan

China's Haier has no plans to sell Fisher & Paykel Finance, says outgoing managing director Alastair Macfarlane

National Bank depositors loyal

National Bank depositors more loyal than ANZ's, and all other banks' depositors except ASB's

22nd Apr 13, 8:42am

by Gareth Vaughan

National Bank depositors more loyal than ANZ's, and all other banks' depositors except ASB's

'Why RBNZ & PM are wrong on deposit insurance'

PM John Key and the RBNZ are wrong in their opposition to deposit insurance, says NZ-based advisor to international deposit insurers' body

19th Apr 13, 8:34pm

by Gareth Vaughan

PM John Key and the RBNZ are wrong in their opposition to deposit insurance, says NZ-based advisor to international deposit insurers' body

Joyce, Norman spar over power plan

National's Steven Joyce dismisses Labour-Greens power policy as 'bumper sticker politics at its most destructive'; Greens' Russel Norman pledges more competition and lower prices

19th Apr 13, 12:45pm

by Gareth Vaughan

National's Steven Joyce dismisses Labour-Greens power policy as 'bumper sticker politics at its most destructive'; Greens' Russel Norman pledges more competition and lower prices

Bank funding costs at 5-year low

Despite cheaper funding and reduced expenses, the average bank net interest margin fell in the December quarter, KPMG says

18th Apr 13, 4:28pm

by Gareth Vaughan

Despite cheaper funding and reduced expenses, the average bank net interest margin fell in the December quarter, KPMG says

FMA wary of Auckland housing bubble

Financial Markets Authority cautions on Auckland housing 'bubble', advises people to hold some assets that aren't in real estate

18th Apr 13, 11:52am

by Gareth Vaughan

Financial Markets Authority cautions on Auckland housing 'bubble', advises people to hold some assets that aren't in real estate

FMA's eye on KiwiSaver fee disclosure

Monitoring report coming from the FMA on KiwiSaver likely to call for more consistency of disclosure on fees and investment returns

18th Apr 13, 11:20am

by Gareth Vaughan

Monitoring report coming from the FMA on KiwiSaver likely to call for more consistency of disclosure on fees and investment returns

Japanese bank eyes big NZ PPP deal

Bank of Tokyo–Mitsubishi, Macquarie Group in rival consortiums short-listed for Transmission Gully highway PPP project

17th Apr 13, 12:49pm

by Gareth Vaughan

Bank of Tokyo–Mitsubishi, Macquarie Group in rival consortiums short-listed for Transmission Gully highway PPP project

KiwiSaver funds would stay frozen in full under OBR

KiwiSaver funds held by banks won't be 'pre-positioned' for the RBNZ's OBR policy as managers viewed to be 'better able to manage temporary illiquidity' than depositors

16th Apr 13, 4:43pm

by Gareth Vaughan

KiwiSaver funds held by banks won't be 'pre-positioned' for the RBNZ's OBR policy as managers viewed to be 'better able to manage temporary illiquidity' than depositors

Is Auckland housing market peaking?

'The nutter in the room' is the one buying Auckland houses, says mortgage broker, with many sales going to auction

16th Apr 13, 3:55pm

by Gareth Vaughan

'The nutter in the room' is the one buying Auckland houses, says mortgage broker, with many sales going to auction

ANZ bond interest rate reset at 5.28%

ANZ resets interest rate on NZ$835 mln bond issue at 5.28% for 5-years, well down on 9.66% they've paid since 2008

16th Apr 13, 1:10pm

by Gareth Vaughan

ANZ resets interest rate on NZ$835 mln bond issue at 5.28% for 5-years, well down on 9.66% they've paid since 2008

Consultant joins BNZ exec team

BNZ names Michelle van Gaalen to new role as director of strategy and business performance

15th Apr 13, 5:42pm

by Gareth Vaughan

BNZ names Michelle van Gaalen to new role as director of strategy and business performance

Our bureaucrats can be 'exemplars for the world again' as in the '80s

Treasury boss Gabriel Makhlouf says state sector changing from 'holding company to conglomerate' with 'knock down walls, re-wire and put in new plumbing' style transformation

15th Apr 13, 3:11pm

by Gareth Vaughan

Treasury boss Gabriel Makhlouf says state sector changing from 'holding company to conglomerate' with 'knock down walls, re-wire and put in new plumbing' style transformation

Economists see benign Q1 inflation

First quarter Consumer Price Index expected to show annual inflation tracking below, or near bottom, of RBNZ's 1% to 3% target band

15th Apr 13, 12:20pm

by Gareth Vaughan

First quarter Consumer Price Index expected to show annual inflation tracking below, or near bottom, of RBNZ's 1% to 3% target band

Where's the gold price heading?

The chickens will come home to roost with inflation the likely result from the 'Tsunami of paper money' being printed by central banks, NZ Mint boss says

12th Apr 13, 5:24pm

by Gareth Vaughan

The chickens will come home to roost with inflation the likely result from the 'Tsunami of paper money' being printed by central banks, NZ Mint boss says

Moody's, S&P also raising NZ concerns

On the heels of Fitch's warning, Moody's seeing more evidence that a number of risks faced by NZ's big banks are 'coming through the banking system'

12th Apr 13, 4:21pm

by Gareth Vaughan

On the heels of Fitch's warning, Moody's seeing more evidence that a number of risks faced by NZ's big banks are 'coming through the banking system'