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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 1 month

Latest articles

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
'Good service more important than brand it's from'
Concern over future of National Bank brand 'storm in teacup' with 99% of customers just wanting good service, says ANZ NZ boss
2nd Mar 12, 4:05pm
by Gareth Vaughan
6
Concern over future of National Bank brand 'storm in teacup' with 99% of customers just wanting good service, says ANZ NZ boss
Demand strong for 7-yr ANZ bonds
ANZ NZ seven-year, NZ$250 mln bond offer looks good value for the bank
2nd Mar 12, 11:59am
by Gareth Vaughan
ANZ NZ seven-year, NZ$250 mln bond offer looks good value for the bank
Hisco questions high LVR lending
ANZ NZ CEO David Hisco hits out at rival banks offering home loans for 5% deposits; questions whether it's the right thing to do or a good use of funds
1st Mar 12, 4:05pm
by Gareth Vaughan
20
ANZ NZ CEO David Hisco hits out at rival banks offering home loans for 5% deposits; questions whether it's the right thing to do or a good use of funds
TSB Dec. quarter profit up 27%
TSB Bank grows business and farming loans faster than home loans in December quarter with deposit growth well ahead of lending growth
1st Mar 12, 9:02am
by Gareth Vaughan
TSB Bank grows business and farming loans faster than home loans in December quarter with deposit growth well ahead of lending growth
Almost 20% of ASB home loans at LVRs above 80%
ASB home loans with loan to valuation ratios above 80% jump NZ$667 mln in one quarter
29th Feb 12, 4:05pm
by Gareth Vaughan
13
ASB home loans with loan to valuation ratios above 80% jump NZ$667 mln in one quarter
ANZ costs down, profit up 60%
ANZ NZ December quarter net profit after tax surges 60% to NZ$415 mln
29th Feb 12, 1:04pm
by Gareth Vaughan
3
ANZ NZ December quarter net profit after tax surges 60% to NZ$415 mln
GPG wind-up may cost NZ$197 mln
The winding up of Guinness Peat Group may cost nearly NZ$200 mln, says Goldman Sachs analyst Adrian Allbon
28th Feb 12, 4:08pm
by Gareth Vaughan
The winding up of Guinness Peat Group may cost nearly NZ$200 mln, says Goldman Sachs analyst Adrian Allbon
Co-op Bank profit down a third
Profit at The Co-operative Bank, the country's newest bank, fell one third in December quarter as Fleming replaces Karacaoglu
28th Feb 12, 4:04pm
by Gareth Vaughan
Profit at The Co-operative Bank, the country's newest bank, fell one third in December quarter as Fleming replaces Karacaoglu