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

Labour's anti-Nick Smith billboards

The Labour Party sides with Auckland Council in housing dispute with Housing Minister Nick Smith, calls for donations to fund more billboards

12th Apr 13, 12:07pm

by Gareth Vaughan

The Labour Party sides with Auckland Council in housing dispute with Housing Minister Nick Smith, calls for donations to fund more billboards

ASB continues rural push with new staff

ASB appoints two new South Island-based rural corporate banking managers including Ray Parker, the former CEO of Tasman Agriculture

11th Apr 13, 11:53am

by Gareth Vaughan

ASB appoints two new South Island-based rural corporate banking managers including Ray Parker, the former CEO of Tasman Agriculture

Deposit insurance 'easy to accommodate'

NZ doesn't have deposit insurance due to moral hazard and the difficulties of defining boundaries and pricing, but it could easily be accommodated, RBNZ says

11th Apr 13, 10:07am

by Gareth Vaughan

NZ doesn't have deposit insurance due to moral hazard and the difficulties of defining boundaries and pricing, but it could easily be accommodated, RBNZ says

ANZ's NZ$20m Feltex shortfall

Feltex receivership wraps up with plug puller ANZ still owed almost NZ$20 mln, unsecured creditors and shareholders out of pocket

11th Apr 13, 9:29am

by Gareth Vaughan

Feltex receivership wraps up with plug puller ANZ still owed almost NZ$20 mln, unsecured creditors and shareholders out of pocket

Kiwibank's Christchurch insurance offer

Kiwibank 'facilitating applications' for insurance from Tower for Christchurch property owners wanting to build new homes in areas zoned Technical Category 3

10th Apr 13, 5:02pm

by Gareth Vaughan

Kiwibank 'facilitating applications' for insurance from Tower for Christchurch property owners wanting to build new homes in areas zoned Technical Category 3

Rising house prices Fitch's No. 1 concern

Big bank credit ratings in no immediate danger of downgrade from Fitch despite its concerns about potential asset bubbles

10th Apr 13, 3:39pm

by Gareth Vaughan

Big bank credit ratings in no immediate danger of downgrade from Fitch despite its concerns about potential asset bubbles

Govt borrows NZ$2b in new 7-yr bond

Crown's debt management office issues NZ$2 billion worth of new 7-year bond at 3% in oversubscribed issue

10th Apr 13, 1:00pm

by Gareth Vaughan

Crown's debt management office issues NZ$2 billion worth of new 7-year bond at 3% in oversubscribed issue

Deutsche Bank NZ lending, assets shrink

Deutsche Bank NZ posts 38% annual profit fall and shrinks local lending book dramatically

10th Apr 13, 11:37am

by Gareth Vaughan

Deutsche Bank NZ posts 38% annual profit fall and shrinks local lending book dramatically

Why don't banks offer secured deposits?

Opinion: The Govt and RBNZ may be uninterested in introducing a deposit insurance scheme, but there's nothing stopping banks from offering secured deposits

9th Apr 13, 4:10pm

by Gareth Vaughan

Opinion: The Govt and RBNZ may be uninterested in introducing a deposit insurance scheme, but there's nothing stopping banks from offering secured deposits

Fitch in NZ asset bubble warning

Credit rating agency Fitch warns challenges are increasing for NZ's big banks with strong asset growth and fierce price competition potentially leading to asset bubbles

9th Apr 13, 11:15am

by Gareth Vaughan

Credit rating agency Fitch warns challenges are increasing for NZ's big banks with strong asset growth and fierce price competition potentially leading to asset bubbles

Drought dissolves Landcorp profit

State owned farmer Landcorp says it won't now post an annual profit and won't be paying a full-year dividend

9th Apr 13, 10:16am

by Gareth Vaughan

State owned farmer Landcorp says it won't now post an annual profit and won't be paying a full-year dividend

Big drop in profit & assets at JPMorgan NZ

JPMorgan Chase posts big fall in NZ annual profit, says previous year's profit was boosted by 'opportunistic positions in NZ govt guaranteed bonds'

8th Apr 13, 4:09pm

by Gareth Vaughan

JPMorgan Chase posts big fall in NZ annual profit, says previous year's profit was boosted by 'opportunistic positions in NZ govt guaranteed bonds'

New F&P Finance CEO's 'mandate for growth'

The Haier owned Fisher & Paykel Finance appoints new CEO Greg Shepherd from within to succeed Alastair Macfarlane

8th Apr 13, 3:06pm

by Gareth Vaughan

The Haier owned Fisher & Paykel Finance appoints new CEO Greg Shepherd from within to succeed Alastair Macfarlane

Kiwibank's market leading mortgage rate

Kiwibank cuts 1-year fixed home loan rate to 4.99% from 5.25%, withdraws 6-month special

8th Apr 13, 2:54pm

by Gareth Vaughan

Kiwibank cuts 1-year fixed home loan rate to 4.99% from 5.25%, withdraws 6-month special

Potential regulatory scrutiny for GE

Could changes to the Reserve Bank's non-bank deposit taker regime drag GE Capital into the regulatory net?

5th Apr 13, 4:11pm

by Gareth Vaughan

Could changes to the Reserve Bank's non-bank deposit taker regime drag GE Capital into the regulatory net?

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RBNZ brings on Fawlty Towers moment

Opinion: Qué? Why the RBNZ's boffins should read Alan Bollard's book and take over the supervision of non-bank deposit takers themselves from trustees

5th Apr 13, 4:00pm

by Gareth Vaughan

Opinion: Qué? Why the RBNZ's boffins should read Alan Bollard's book and take over the supervision of non-bank deposit takers themselves from trustees

Bigger tax take trims Govt deficit

Government's 8-month operating deficit before gains and losses comes in at a lower than forecast deficit of NZ$3 bln thanks to a higher tax take

5th Apr 13, 10:34am

by Gareth Vaughan

Government's 8-month operating deficit before gains and losses comes in at a lower than forecast deficit of NZ$3 bln thanks to a higher tax take

HSBC sells impaired commercial loans

HSBC NZ sells portfolio of heavily impaired commercial loans, records 3% rise in annual profit

4th Apr 13, 4:45pm

by Gareth Vaughan

HSBC NZ sells portfolio of heavily impaired commercial loans, records 3% rise in annual profit

Genesis, Contact mull future of equity bonds

Change of approach from Standard and Poor's could see Genesis and Contact bonds worth a combined NZ$475 mln redeemed early

4th Apr 13, 2:19pm

by Gareth Vaughan

Change of approach from Standard and Poor's could see Genesis and Contact bonds worth a combined NZ$475 mln redeemed early

Mighty pay day for directors

'Reasonable but conservative' pay rise for Mighty River Power directors when company is listed on the sharemarket

4th Apr 13, 11:15am

by Gareth Vaughan

'Reasonable but conservative' pay rise for Mighty River Power directors when company is listed on the sharemarket

ASB leads way in mobile banking

Banks warned to keep up with developments in mobile banking or face losing customers

3rd Apr 13, 4:17pm

by Gareth Vaughan

Banks warned to keep up with developments in mobile banking or face losing customers

Solid Energy's secret bondholders

Beleaguered SOE Solid Energy won't say who holds NZ$95 million worth of its debt

2nd Apr 13, 4:09pm

by Gareth Vaughan

Beleaguered SOE Solid Energy won't say who holds NZ$95 million worth of its debt

Move to fixed mortgages continues

Percentage of fixed-term home loans by value on the rise, approaching 50%

2nd Apr 13, 4:02pm

by Gareth Vaughan

Percentage of fixed-term home loans by value on the rise, approaching 50%

Big spike in commodity prices

Monthly ANZ Commodity Price Index rises 7.4% in March, its third strongest rise since the series began in 1986

2nd Apr 13, 1:30pm

by Gareth Vaughan

Monthly ANZ Commodity Price Index rises 7.4% in March, its third strongest rise since the series began in 1986

Never a dull moment for the NZ$

HiFX's Dan Bell looks at when and how the US Fed might turn the tap off on its massive money printing stimulus programme

28th Mar 13, 4:17pm

by Gareth Vaughan

HiFX's Dan Bell looks at when and how the US Fed might turn the tap off on its massive money printing stimulus programme