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

Westpac 'reshaping, not cost cutting'

Westpac boss says group striving to combat seismic shifts in banking with 'decade of low growth' ahead

17th Feb 12, 3:57pm

by Gareth Vaughan

Westpac boss says group striving to combat seismic shifts in banking with 'decade of low growth' ahead

ANZ NZ margin up; Lending shrinks

ANZ Group says NZ lending down, deposits and margins up in first quarter with no return to pre-crisis credit growth in forseeable future

17th Feb 12, 10:34am

by Gareth Vaughan

ANZ Group says NZ lending down, deposits and margins up in first quarter with no return to pre-crisis credit growth in forseeable future

Heartland coy on bank chances

Heartland NZ says process towards formal bank registration application of 'indeterminate length'; It can't comment further

17th Feb 12, 9:13am

by Gareth Vaughan

Heartland NZ says process towards formal bank registration application of 'indeterminate length'; It can't comment further

New Rabobank bond offer

Rabobank Nederland launches 3-year, fixed rate NZ bond offer; Expected to seek about NZ$200 mln

16th Feb 12, 4:37pm

by Gareth Vaughan

Rabobank Nederland launches 3-year, fixed rate NZ bond offer; Expected to seek about NZ$200 mln

Taxpayers' to take Equitable hit

Treasury decision to admit Equitable Mortgages to Crown guarantee scheme against RBNZ advice likely to cost taxpayers' at least NZ$43.4 mln

16th Feb 12, 4:21pm

by Gareth Vaughan

Treasury decision to admit Equitable Mortgages to Crown guarantee scheme against RBNZ advice likely to cost taxpayers' at least NZ$43.4 mln

'No plans to hike floating mortgage rates'

An out of cycle hike to floating mortgage rates is 'not on our horizon', says ASB boss Barbara Chapman

16th Feb 12, 3:59pm

by Gareth Vaughan

An out of cycle hike to floating mortgage rates is 'not on our horizon', says ASB boss Barbara Chapman

Westpac Group Q1 earnings fall

Westpac NZ first quarter earnings 'stronger with lower impairment charges', Australian parent says

16th Feb 12, 11:01am

by Gareth Vaughan

Westpac NZ first quarter earnings 'stronger with lower impairment charges', Australian parent says

Council debt in hot demand

Inaugural Local Govt Funding Agency debt auction attracts bids worth NZ$1.32 bln, equivalent to 4.4 times debt sold

15th Feb 12, 3:06pm

by Gareth Vaughan

Inaugural Local Govt Funding Agency debt auction attracts bids worth NZ$1.32 bln, equivalent to 4.4 times debt sold

Record half-year profit for ASB

ASB half-year profit surges 31% to NZ$372 mln as impairments continue falling, customers move to floating mortgages and lending growth resumes

15th Feb 12, 12:00pm

by Gareth Vaughan

ASB half-year profit surges 31% to NZ$372 mln as impairments continue falling, customers move to floating mortgages and lending growth resumes

Highest Jan. house sales in 4 years

REINZ says Jan house sales rose 25% year-on-year to 4,073 for best Jan since 2008; National median price steady v Dec at NZ$355k

14th Feb 12, 4:47pm

by Gareth Vaughan

REINZ says Jan house sales rose 25% year-on-year to 4,073 for best Jan since 2008; National median price steady v Dec at NZ$355k

E&Y: 'We didn't cause Feltex's failure'

Ernst and Young says its liability is 'probably' limited to between NZ$200,000 and NZ$300,000 from Feltex liquidator's 'baseless' court case against the firm

14th Feb 12, 4:05pm

by Gareth Vaughan

Ernst and Young says its liability is 'probably' limited to between NZ$200,000 and NZ$300,000 from Feltex liquidator's 'baseless' court case against the firm

Sale of SCF's Belfast Park drags on

Belfast Park rural zoned land on outskirts of Christchurch sold but sales processes for industrial slice and parcel featuring 640 residential lots drag on

13th Feb 12, 4:13pm

by Gareth Vaughan

Belfast Park rural zoned land on outskirts of Christchurch sold but sales processes for industrial slice and parcel featuring 640 residential lots drag on

LGFA to 'offer value to investors'

New Local Government Funding Agency to seek NZ$300 mln through two bonds in Wednesday's inaugural auction

13th Feb 12, 3:41pm

by Gareth Vaughan

New Local Government Funding Agency to seek NZ$300 mln through two bonds in Wednesday's inaugural auction

What social media means for banks

Banks need to look outside their core banking business for innovation in the new digital and low growth world, says PwC

10th Feb 12, 4:01pm

by Gareth Vaughan

Banks need to look outside their core banking business for innovation in the new digital and low growth world, says PwC

What the US global tax crackdown means for NZ

Concessions for NZ building societies and credit unions in draft Big Brotheresque US crackdown on tax dodgers, but bad news for KiwiSaver providers

10th Feb 12, 11:43am

by Gareth Vaughan

Concessions for NZ building societies and credit unions in draft Big Brotheresque US crackdown on tax dodgers, but bad news for KiwiSaver providers

ASB's 90% plus LVR lending jumps

Big banks' 90% plus home loans up NZ$2.9 bln in a year with ASB's more than doubling to NZ$3.4 bln

9th Feb 12, 4:00pm

by Gareth Vaughan

Big banks' 90% plus home loans up NZ$2.9 bln in a year with ASB's more than doubling to NZ$3.4 bln

SBS trims 2, 3 yr home loan rates

SBS Bank cuts 2 and 3 year home loan rates by 10 and 20 basis points respectively

9th Feb 12, 3:17pm

by Gareth Vaughan

SBS Bank cuts 2 and 3 year home loan rates by 10 and 20 basis points respectively

Possible UK exit for BNZ's parent

'Myriad of options' for BNZ's parent in review of its British banking operations; Status quo not one of them

8th Feb 12, 4:12pm

by Gareth Vaughan

'Myriad of options' for BNZ's parent in review of its British banking operations; Status quo not one of them

ASB sets 2nd covered bond issue

ASB issues NZ$200 million worth of seven-year covered bonds in private placement

8th Feb 12, 9:35am

by Gareth Vaughan

ASB issues NZ$200 million worth of seven-year covered bonds in private placement

Bank results swing into focus

Eyes on the big Australasian banks' profits and whether they pass on any Reserve Bank of Australia rate cut in full

7th Feb 12, 2:03pm

by Gareth Vaughan

Eyes on the big Australasian banks' profits and whether they pass on any Reserve Bank of Australia rate cut in full

BNZ's Q1 'a solid performance'

National Australia Bank says NZ subsidiary BNZ's first quarter bolstered by higher fee income and business banking

7th Feb 12, 10:24am

by Gareth Vaughan

National Australia Bank says NZ subsidiary BNZ's first quarter bolstered by higher fee income and business banking

BNZ's JB Were eyes SOE floats

NAB and BNZ's majority owned wealth manager JBWere eyes NZ opportunities as SOE floats loom

3rd Feb 12, 3:58pm

by Gareth Vaughan

NAB and BNZ's majority owned wealth manager JBWere eyes NZ opportunities as SOE floats loom

Victory for Armers at Dairy Holdings

Existing NZ shareholders Colin and Dale Armer, Alan Pye and Jagewi Ltd move to full ownership of Dairy Holdings as SCF, Americans exit

3rd Feb 12, 10:52am

by Gareth Vaughan

Existing NZ shareholders Colin and Dale Armer, Alan Pye and Jagewi Ltd move to full ownership of Dairy Holdings as SCF, Americans exit

ANZ eyes retail bond issue

ANZ New Zealand eyes new retail bond issue; Will repay existing NZ$250 mln issue early

3rd Feb 12, 9:24am

by Gareth Vaughan

ANZ New Zealand eyes new retail bond issue; Will repay existing NZ$250 mln issue early

Bank CEO defends bank profits

'Thank goodness we're profitable', BNZ CEO says of NZ banks operating in one of the most 'efficient and competitive' global banking systems

2nd Feb 12, 4:09pm

by Gareth Vaughan

'Thank goodness we're profitable', BNZ CEO says of NZ banks operating in one of the most 'efficient and competitive' global banking systems