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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 3 months

Latest articles

90 seconds at 9 am
90 seconds at 9 am: US and UK to release oil stocks; IMF approves €28 bln Greek bailout; S and P 500 above 1,400 for 1st time in 4 years
16th Mar 12, 8:45am
by Gareth Vaughan
39
90 seconds at 9 am: US and UK to release oil stocks; IMF approves €28 bln Greek bailout; S and P 500 above 1,400 for 1st time in 4 years
Funding cost rises not hurting banks
Opinion: Here's eight reasons why funding costs aren't really hurting the big banks
15th Mar 12, 4:54pm
by Gareth Vaughan
11
Opinion: Here's eight reasons why funding costs aren't really hurting the big banks
HSBC rejects report of NZ exit
HSBC says it's not quitting New Zealand, says Financial Times story claiming it may was 'a case of mis-reporting'
14th Mar 12, 5:20pm
by Gareth Vaughan
HSBC says it's not quitting New Zealand, says Financial Times story claiming it may was 'a case of mis-reporting'
S&P hints NZ bank ratings are safe
Standard and Poor's says NZ big bank credit ratings depend on on-going strength of Aussie parents; Some 'upside potential' for a few ratings
14th Mar 12, 12:51pm
by Gareth Vaughan
Standard and Poor's says NZ big bank credit ratings depend on on-going strength of Aussie parents; Some 'upside potential' for a few ratings
Huge demand for Westpac NZ debt
Three banks raise NZ$1.25 billion between them through domestic debt issues in less than a week
14th Mar 12, 10:58am
by Gareth Vaughan
7
Three banks raise NZ$1.25 billion between them through domestic debt issues in less than a week
Round 2 of Basel III debate looms
Westpac currently best placed of the big banks to meet the potential high point of new capital adequacy requirements under Basel III
13th Mar 12, 5:25pm
by Gareth Vaughan
Westpac currently best placed of the big banks to meet the potential high point of new capital adequacy requirements under Basel III
APRA treads where the RBNZ won't
Australian bank regulator raises concerns around the risk management of executive pay saying executives' remuneration must not incorporate 'risk time bombs'
13th Mar 12, 4:26pm
by Gareth Vaughan
1
Australian bank regulator raises concerns around the risk management of executive pay saying executives' remuneration must not incorporate 'risk time bombs'
A guide to mortgagee disputes
Banking Ombudsman issues guide on mortgagee sales urging customers to talk to their bank early before the situation becomes irreversible
13th Mar 12, 10:17am
by Gareth Vaughan
2
Banking Ombudsman issues guide on mortgagee sales urging customers to talk to their bank early before the situation becomes irreversible
Big jump in key Auckland rental rate
Median weekly rent for three bedroom Auckland houses surged NZ$55 to NZ$550 in February
12th Mar 12, 4:16pm
by Gareth Vaughan
30
Median weekly rent for three bedroom Auckland houses surged NZ$55 to NZ$550 in February
ANZ, BNZ, ACC to help fund PPP prison
Big win for Macquarie in Govt's choice of SecureFuture Consortium for development of up to NZ$900 million Wiri prision
12th Mar 12, 11:02am
by Gareth Vaughan
5
Big win for Macquarie in Govt's choice of SecureFuture Consortium for development of up to NZ$900 million Wiri prision
Funding cost rises fail to bite NZ banks
The Reserve Bank says banks cutting fixed-term mortgage rates suggests they have comfort around funding cost pressures
9th Mar 12, 4:15pm
by Gareth Vaughan
1
The Reserve Bank says banks cutting fixed-term mortgage rates suggests they have comfort around funding cost pressures
ANZ to pay 6.25% on 7-year bond
ANZ NZ to issue NZ$250 mln worth of bonds in seven-year retail issue paying 6.25% annual interest
9th Mar 12, 4:03pm
by Gareth Vaughan
ANZ NZ to issue NZ$250 mln worth of bonds in seven-year retail issue paying 6.25% annual interest
RBNZ chairman Grimes reappointed
Govt reappoints RBNZ chairman Arthur Grimes to help oversee appointment of Bollard's successor; Names board for AMI earthquake liability company
9th Mar 12, 12:20pm
by Gareth Vaughan
Govt reappoints RBNZ chairman Arthur Grimes to help oversee appointment of Bollard's successor; Names board for AMI earthquake liability company
Clare replacing Frazis as Westpac NZ CEO
Peter Clare, chief operating officer of Westpac's Australian Financial Services business, to replace George Frazis as Westpac NZ CEO
9th Mar 12, 11:36am
by Gareth Vaughan
1
Peter Clare, chief operating officer of Westpac's Australian Financial Services business, to replace George Frazis as Westpac NZ CEO
Bond holders face falling interest payments
Low interest rate environment set to take toll on bank bond holders sitting on NZ$1.3 bln worth of bonds as rate reset and call dates loom
9th Mar 12, 10:01am
by Gareth Vaughan
2
Low interest rate environment set to take toll on bank bond holders sitting on NZ$1.3 bln worth of bonds as rate reset and call dates loom
Third Strategic repayment looms
More crumbs heading Strategic Finance investors' way next month with 12% to 26% return on NZ$367.8 mln predicted
8th Mar 12, 12:07pm
by Gareth Vaughan
More crumbs heading Strategic Finance investors' way next month with 12% to 26% return on NZ$367.8 mln predicted
'Feltex didn't tell us,' says auditor
The 'honest men' of Feltex didn't tell us of new agreement with ANZ that hiked interest rates and made loans repayable on 30 days notice, auditor EY says
7th Mar 12, 4:28pm
by Gareth Vaughan
6
The 'honest men' of Feltex didn't tell us of new agreement with ANZ that hiked interest rates and made loans repayable on 30 days notice, auditor EY says
TSB cuts 3, 4, 5 yr mortgage rates
TSB Bank trims 3, 4, and 5 year advertised home loan rates by 15, 10 and 35 basis points, respectively
7th Mar 12, 12:56pm
by Gareth Vaughan
3
TSB Bank trims 3, 4, and 5 year advertised home loan rates by 15, 10 and 35 basis points, respectively
Central Otago vineyards lose allure
SBS Bank sees December quarter impairments rise as rural and Hawke's Bay loans sour; Still keen on national presence even without merger partners
6th Mar 12, 4:16pm
by Gareth Vaughan
8
SBS Bank sees December quarter impairments rise as rural and Hawke's Bay loans sour; Still keen on national presence even without merger partners
'A home is still king for Kiwis'
Mortgage applications reach highest levels in 7 years with Generation Y leading the way, credit bureau Veda says
6th Mar 12, 1:54pm
by Gareth Vaughan
7
Mortgage applications reach highest levels in 7 years with Generation Y leading the way, credit bureau Veda says
Rabobank details PIIGS exposure
Dutch co-op Rabobank, a key rural lender in NZ, posts 5% drop in annual profit, sees tough 2012 ahead
5th Mar 12, 4:25pm
by Gareth Vaughan
Dutch co-op Rabobank, a key rural lender in NZ, posts 5% drop in annual profit, sees tough 2012 ahead
The chickens come home to roost
Opinion: Ralph Waters' train smash and Ironbridge's pyrrhic victory highlight the downside of heavily leveraged acquisitions
5th Mar 12, 4:04pm
by Gareth Vaughan
7
Opinion: Ralph Waters' train smash and Ironbridge's pyrrhic victory highlight the downside of heavily leveraged acquisitions
Rabobank in 7-year bond issue
Rabobank joins rush of bank 7-year retail bond issues; Seeking up to NZ$250 mln, will pay minimum of 6.1%
5th Mar 12, 1:03pm
by Gareth Vaughan
1
Rabobank joins rush of bank 7-year retail bond issues; Seeking up to NZ$250 mln, will pay minimum of 6.1%
Rise in NZ$1m plus house sales
Barfoot and Thompson records strongest February Auckland house sales since 2007 with average price up 1.2% from January to NZ$536,069
5th Mar 12, 10:22am
by Gareth Vaughan
34
Barfoot and Thompson records strongest February Auckland house sales since 2007 with average price up 1.2% from January to NZ$536,069
What NZ's deleveraging looks like
December quarter deposit growth at the country's big five banks comes at more than five times the rate of gross lending growth
2nd Mar 12, 4:16pm
by Gareth Vaughan
6
December quarter deposit growth at the country's big five banks comes at more than five times the rate of gross lending growth