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 3 months

Latest articles

'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

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

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

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

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

ANZ in Swiss covered bond issue

ANZ NZ raises 500 mln Swiss francs (NZ$662.3 mln) through two covered bond issues

28th Feb 12, 2:27pm

by Gareth Vaughan

ANZ NZ raises 500 mln Swiss francs (NZ$662.3 mln) through two covered bond issues

ANZ seeks NZ$250 mln in bond offer

ANZ NZ 7-year retail bond offer seeks up to NZ$250 mln paying minimum interest rate of 6.25%

28th Feb 12, 11:44am

by Gareth Vaughan

ANZ NZ 7-year retail bond offer seeks up to NZ$250 mln paying minimum interest rate of 6.25%

Auckland Council lifting debt ceiling

Auckland Council plans to increase its net debt as a percentage of total revenue limit to 275% from 175%

27th Feb 12, 4:10pm

by Gareth Vaughan

Auckland Council plans to increase its net debt as a percentage of total revenue limit to 275% from 175%

ANZ NZ bolsters rural lending push

With rural lending contracting, ANZ doubles young farmer rural lending package to NZ$120 mln over 5 years as average farmer's age rises above 50

27th Feb 12, 10:35am

by Gareth Vaughan

With rural lending contracting, ANZ doubles young farmer rural lending package to NZ$120 mln over 5 years as average farmer's age rises above 50

Big banks 'susceptible to dislocation'

Fitch downgrades CBA, ASB, NAB, BNZ, Westpac Group and Westpac NZ's long-term credit ratings one notch to AA-

27th Feb 12, 9:55am

by Gareth Vaughan

Fitch downgrades CBA, ASB, NAB, BNZ, Westpac Group and Westpac NZ's long-term credit ratings one notch to AA-

Kiwibank targets the 'under insured'

Near fourfold rise in Kiwibank's December quarter profit as CEO Paul Brock plots life insurance push

24th Feb 12, 4:04pm

by Gareth Vaughan

Near fourfold rise in Kiwibank's December quarter profit as CEO Paul Brock plots life insurance push

Hope for the NZ Bankers' Association

Financial Services Federation executive director Kirk Hope to take helm of the New Zealand Bankers' Association in March

24th Feb 12, 9:17am

by Gareth Vaughan

Financial Services Federation executive director Kirk Hope to take helm of the New Zealand Bankers' Association in March

'Strong dollars give rivals 40% boost' - Ling

Fletcher Building moves to 'right size' its business as low volumes, weak markets and strong NZ and Aussie dollars take a toll

23rd Feb 12, 4:41pm

by Gareth Vaughan

Fletcher Building moves to 'right size' its business as low volumes, weak markets and strong NZ and Aussie dollars take a toll

New Kiwibank home loan 'special'

Kiwibank offers 5.39% 'special, limited time' six month fixed-term home loan rate, undercutting rivals

23rd Feb 12, 3:40pm

by Gareth Vaughan

Kiwibank offers 5.39% 'special, limited time' six month fixed-term home loan rate, undercutting rivals

Big jump in Kiwibank profit

Kiwibank half-year profit almost trebles to NZ$37.9 mln with impairments down and net interest income up

23rd Feb 12, 10:37am

by Gareth Vaughan

Kiwibank half-year profit almost trebles to NZ$37.9 mln with impairments down and net interest income up

Taxpayer still guarantees NZ$8b of bank debt

Taxpayers' still on the hook for about NZ$8.12 bln worth of bank wholesale borrowings through Crown guarantee

22nd Feb 12, 4:14pm

by Gareth Vaughan

Taxpayers' still on the hook for about NZ$8.12 bln worth of bank wholesale borrowings through Crown guarantee

The 4 most powerful people not in NZ

Opinion: Pessimistic debt peddlers, latte sipping leftists, massive debt burdens and other tales from the big bank CEO files

21st Feb 12, 4:16pm

by Gareth Vaughan

Opinion: Pessimistic debt peddlers, latte sipping leftists, massive debt burdens and other tales from the big bank CEO files

Big December qtr profit jump at BNZ

BNZ grows December quarter business lending at more than double pace of housing lending; Deposit growth outstrips both combined

21st Feb 12, 4:00pm

by Gareth Vaughan

BNZ grows December quarter business lending at more than double pace of housing lending; Deposit growth outstrips both combined

ANZ plans 7-yr retail bond issue

ANZ NZ eyes seven-year bond issue with minimum interest rate; Likely to seek at least NZ$200 mln

21st Feb 12, 2:00pm

by Gareth Vaughan

ANZ NZ eyes seven-year bond issue with minimum interest rate; Likely to seek at least NZ$200 mln

Ironbridge eyes MediaWorks equity injection

Majority shareholder in TV3's parent MediaWorks offers NZ$20 mln equity as it strives to woo worried lenders, AFR reports

21st Feb 12, 12:33pm

by Gareth Vaughan

Majority shareholder in TV3's parent MediaWorks offers NZ$20 mln equity as it strives to woo worried lenders, AFR reports

'World dealing with massive debt burden'

ANZ Group CEO Mike Smith says NZ margin growth nearing end; World making 'painful adjustments necessary to deal with massive debt burden'

20th Feb 12, 3:58pm

by Gareth Vaughan

ANZ Group CEO Mike Smith says NZ margin growth nearing end; World making 'painful adjustments necessary to deal with massive debt burden'

The never a dull moment NZ$ report

HiFX's Dan Bell reviews the week's global currencies action including a look at what's next in the Greek drama, the high TWI & chances for QEIII

17th Feb 12, 5:50pm

by Gareth Vaughan

HiFX's Dan Bell reviews the week's global currencies action including a look at what's next in the Greek drama, the high TWI & chances for QEIII