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 5 months

Latest articles

'Voluntary' bank interest rate cuts seen

Banks now voluntarily offering to reduce customers' interest rates in order to avoid bidding war with rivals and keep good customers

27th Feb 13, 4:14pm

by Gareth Vaughan

Banks now voluntarily offering to reduce customers' interest rates in order to avoid bidding war with rivals and keep good customers

Kiwibank ready for covered bonds

Kiwibank all set for inaugural covered bond issue

26th Feb 13, 4:15pm

by Gareth Vaughan

Kiwibank all set for inaugural covered bond issue

Goldman Sachs plots future path for Kiwibank

Treasury hires Goldman Sachs to prepare report on Kiwibank's future capital needs

26th Feb 13, 4:07pm

by Gareth Vaughan

Treasury hires Goldman Sachs to prepare report on Kiwibank's future capital needs

Big banks high LVR mortgages rising

Big 5 banks, combined, post NZ$3.3 bln annual increase in home loans where the borrower has less than 20% equity

25th Feb 13, 4:23pm

by Gareth Vaughan

Big 5 banks, combined, post NZ$3.3 bln annual increase in home loans where the borrower has less than 20% equity

ASB embroiled in dispute with IRD

ASB in dispute with taxman over 'liquidity funding transaction' with potential liability of at least NZ$153 mln

25th Feb 13, 4:10pm

by Gareth Vaughan

ASB in dispute with taxman over 'liquidity funding transaction' with potential liability of at least NZ$153 mln

New core banking system for Kiwibank?

Kiwibank mulls development of new core banking system that could cost hundreds of millions of dollars

25th Feb 13, 4:07pm

by Gareth Vaughan

Kiwibank mulls development of new core banking system that could cost hundreds of millions of dollars

Have mortgage rates hit the bottom?

Kiwibank CEO Paul Brock says home loan interest rates may be bottoming out

25th Feb 13, 12:31pm

by Gareth Vaughan

Kiwibank CEO Paul Brock says home loan interest rates may be bottoming out

Record half-year profit for Kiwibank

Kiwibank posts strong profit rise as income increases and it makes no addition to its existing loan impairment allowances

25th Feb 13, 9:59am

by Gareth Vaughan

Kiwibank posts strong profit rise as income increases and it makes no addition to its existing loan impairment allowances

Three-way mortgage market joust

Which bank is growing fastest in the residential mortgage market? It depends on whose statistics you look at

22nd Feb 13, 5:28pm

by Gareth Vaughan

Which bank is growing fastest in the residential mortgage market? It depends on whose statistics you look at

Westpac lending book shrinks

Westpac residential mortgage book shrinks slightly in December quarter, profit up 10%

21st Feb 13, 4:37pm

by Gareth Vaughan

Westpac residential mortgage book shrinks slightly in December quarter, profit up 10%

Picture darkens further for Solid Energy

Solid Energy, with NZ$389 mln of debt and poor financial results coming, in talks with banks over restructuring options, government says

21st Feb 13, 4:21pm

by Gareth Vaughan

Solid Energy, with NZ$389 mln of debt and poor financial results coming, in talks with banks over restructuring options, government says

Wage gap with Australia 'balloons'

Labour's David Parker hits out over wage gap with Australia, says PM Key has failed to fulfil promise of narrowing gap

21st Feb 13, 4:08pm

by Gareth Vaughan

Labour's David Parker hits out over wage gap with Australia, says PM Key has failed to fulfil promise of narrowing gap

Mortgage approvals back above $1b

Weekly home loan approvals reach highest level so far in 2013, resuming strong run

21st Feb 13, 12:04pm

by Gareth Vaughan

Weekly home loan approvals reach highest level so far in 2013, resuming strong run

Building 100k houses at $300k each 'probably' possible

Fletcher Building boss says Labour's plan to build 100k houses is admirable but would require US 'strip model' approach

20th Feb 13, 1:54pm

by Gareth Vaughan

Fletcher Building boss says Labour's plan to build 100k houses is admirable but would require US 'strip model' approach

BNZ to repay NZ$450m debt issue

Unlike ANZ, BNZ will call and repay high interest debt security issue rather than rolling it over at a lower interest rate

20th Feb 13, 10:14am

by Gareth Vaughan

Unlike ANZ, BNZ will call and repay high interest debt security issue rather than rolling it over at a lower interest rate

Fitch affirms big bank ratings

Credit rating agency Fitch affirms its ratings on the Australian parents of NZ's big 4 banks

19th Feb 13, 5:03pm

by Gareth Vaughan

Credit rating agency Fitch affirms its ratings on the Australian parents of NZ's big 4 banks

BNZ's borrowing needs; 'Just maintenance'

BNZ Treasurer says his bank needs to borrow about NZ$1.5 bln this financial year, less than half what was needed in the 2 previous years

19th Feb 13, 4:22pm

by Gareth Vaughan

BNZ Treasurer says his bank needs to borrow about NZ$1.5 bln this financial year, less than half what was needed in the 2 previous years

BNZ profit slashed by offshore funding

BNZ sees potential for 6% annual lending growth

19th Feb 13, 4:18pm

by Gareth Vaughan

BNZ sees potential for 6% annual lending growth

'We're richer than we thought we were'

New Zealand households don't have quite so many of their asset eggs in the housing basket as we thought, says Michael Littlewood

19th Feb 13, 3:06pm

by Gareth Vaughan

New Zealand households don't have quite so many of their asset eggs in the housing basket as we thought, says Michael Littlewood

ANZ bosses quizzed on 'substantial cash backs'

ANZ Banking Group CFO Shayne Elliot says NZ margin expansion resumed in first 6 weeks of 2013

18th Feb 13, 4:18pm

by Gareth Vaughan

ANZ Banking Group CFO Shayne Elliot says NZ margin expansion resumed in first 6 weeks of 2013

ANZ bondholders face dramatic interest rate cut

ANZ NZ won't call NZ$835 mln callable bond issue with investors facing interest rate reset much lower than current 9.66%

15th Feb 13, 12:55pm

by Gareth Vaughan

ANZ NZ won't call NZ$835 mln callable bond issue with investors facing interest rate reset much lower than current 9.66%

ANZ NZ Q1 profit falls 29%

ANZ Group posts 6.2% rise in Q1 earnings, says NZ margins under pressure

15th Feb 13, 10:06am

by Gareth Vaughan

ANZ Group posts 6.2% rise in Q1 earnings, says NZ margins under pressure

ASB to 'succeed on' with Brian Blessed

ASB rebrands with the help of British actor Brian Blessed as it brings humour back to its adverts

15th Feb 13, 9:21am

by Gareth Vaughan

ASB rebrands with the help of British actor Brian Blessed as it brings humour back to its adverts

BNZ steps up Asia trade focus

BNZ names ex-NZTE director Paul Gestro to the newly created role 'head of Asia desk'

15th Feb 13, 9:17am

by Gareth Vaughan

BNZ names ex-NZTE director Paul Gestro to the newly created role 'head of Asia desk'

ASB claims lead in residential mortgage growth

ASB CEO Barbara Chapman says her bank is 'way outstripping' rivals in residential mortgage market

14th Feb 13, 4:10pm

by Gareth Vaughan

ASB CEO Barbara Chapman says her bank is 'way outstripping' rivals in residential mortgage market