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

RaboDirect hikes deposit rates

RaboDirect increases 1-5 year term deposit rates, says 5-year rate of 6% offers 'excellent guaranteed return' compared with sharemarket risk

2nd Feb 12, 3:52pm

by Gareth Vaughan

RaboDirect increases 1-5 year term deposit rates, says 5-year rate of 6% offers 'excellent guaranteed return' compared with sharemarket risk

Kiwibank cuts fixed mortgage rates

Kiwibank joins rush to cut fixed-term home loan rates; Now offers joint lowest 3 and 5 year rates

2nd Feb 12, 12:24pm

by Gareth Vaughan

Kiwibank joins rush to cut fixed-term home loan rates; Now offers joint lowest 3 and 5 year rates

Peace breaks out at Dairy Holdings

'Banks in support' as resolution to 'financially sound' Dairy Holdings' shareholder stoush nears

1st Feb 12, 4:15pm

by Gareth Vaughan

'Banks in support' as resolution to 'financially sound' Dairy Holdings' shareholder stoush nears

Floating mortgage share hits record 61%

Share of home mortgage borrowers on floating rates rises to record high despite banks trimming fixed mortgage rates and warning of higher OCR

1st Feb 12, 3:59pm

by Gareth Vaughan

Share of home mortgage borrowers on floating rates rises to record high despite banks trimming fixed mortgage rates and warning of higher OCR

Kiwibank credit outlook 'negative'

Standard and Poor's affirms Kiwibank's AA- credit rating but lowers its outlook to negative from stable

1st Feb 12, 9:18am

by Gareth Vaughan

Standard and Poor's affirms Kiwibank's AA- credit rating but lowers its outlook to negative from stable

BNZ in €500 mln covered bond issue

BNZ issues €500 mln of three-year covered bonds priced at 113 basis points over swap rate

31st Jan 12, 5:00pm

by Gareth Vaughan

BNZ issues €500 mln of three-year covered bonds priced at 113 basis points over swap rate

Good news for Rabobank's lion loan

Receiver PwC strikes deal to sell Zion Wildlife Gardens, which owes Rabobank NZ$2.7 mln, with "Lion Man" Craig Busch back

31st Jan 12, 3:31pm

by Gareth Vaughan

Receiver PwC strikes deal to sell Zion Wildlife Gardens, which owes Rabobank NZ$2.7 mln, with "Lion Man" Craig Busch back

New big bank downgrade threat

Fitch Ratings places big 4 Australian banks and their NZ subsidiaries on credit watch negative

31st Jan 12, 9:35am

by Gareth Vaughan

Fitch Ratings places big 4 Australian banks and their NZ subsidiaries on credit watch negative

Credit risk the top bank banana skin

Global survey by think tank and PwC finds gloomy outlook for banks with local respondents most worried about credit risk

31st Jan 12, 5:05am

by Gareth Vaughan

Global survey by think tank and PwC finds gloomy outlook for banks with local respondents most worried about credit risk

'You can't control banks' - George Kerr

Heartland NZ's biggest shareholder wants the bank wannabe to achieve 'explosive returns' over 20 years like Wells Fargo and Westpac did

27th Jan 12, 4:18pm

by Gareth Vaughan

Heartland NZ's biggest shareholder wants the bank wannabe to achieve 'explosive returns' over 20 years like Wells Fargo and Westpac did

Treasury anoints float managers

First NZ Capital, Credit Suisse, Macquarie and Goldman Sachs confirmed as lead managers of Mighty River Power IPO

27th Jan 12, 2:59pm

by Gareth Vaughan

First NZ Capital, Credit Suisse, Macquarie and Goldman Sachs confirmed as lead managers of Mighty River Power IPO

ASB trims most fixed mortgage rates

ASB cuts 1-5 year fixed-term home loan rates after RBNZ's benign Official Cash Rate announcement

26th Jan 12, 5:20pm

by Gareth Vaughan

ASB cuts 1-5 year fixed-term home loan rates after RBNZ's benign Official Cash Rate announcement

More finance co. chiefs in gun

SFO lays 92 charges aginst 3 directors of failed Crown gaurantee carrying Gisborne company Rockforte Finance with Jean Jones link

26th Jan 12, 2:19pm

by Gareth Vaughan

SFO lays 92 charges aginst 3 directors of failed Crown gaurantee carrying Gisborne company Rockforte Finance with Jean Jones link

Karacaoglu moving to Treasury

Co-operative Bank CEO Girol Karacaoglu to swap banking for a role at the Treasury

26th Jan 12, 1:15pm

by Gareth Vaughan

Co-operative Bank CEO Girol Karacaoglu to swap banking for a role at the Treasury

ANZ, ASB, the big bank ad spenders

A tale of two banks; Money spent advertising the ANZ brand surged 108% in 2011 as National Bank ad spend sank 74%

25th Jan 12, 4:03pm

by Gareth Vaughan

A tale of two banks; Money spent advertising the ANZ brand surged 108% in 2011 as National Bank ad spend sank 74%

Treasury coy on SOE float winners

Credit Suisse, Macquarie and Goldman Sachs to be named joint lead managers of Mighty River Power sell-down, AFR reports

25th Jan 12, 11:08am

by Gareth Vaughan

Credit Suisse, Macquarie and Goldman Sachs to be named joint lead managers of Mighty River Power sell-down, AFR reports

Banks to feature in insurance probe

Commerce Commission to mull banks' role in insurance as part of decision on whether to clear IAG's NZ$380 mln AMI bid

25th Jan 12, 10:19am

by Gareth Vaughan

Commerce Commission to mull banks' role in insurance as part of decision on whether to clear IAG's NZ$380 mln AMI bid

Kiwibank's NZ$100 mln 5-year plan

Kiwibank finance company boss aims to create 'well rounded asset funding division' and exit within 5 years

24th Jan 12, 4:04pm

by Gareth Vaughan

Kiwibank finance company boss aims to create 'well rounded asset funding division' and exit within 5 years

2nd bank cuts some fixed mortgage rates

SBS Bank trims 6 month and 1-year fixed-term home loan rates

24th Jan 12, 1:29pm

by Gareth Vaughan

SBS Bank trims 6 month and 1-year fixed-term home loan rates

BNZ set to enter 'saturated' market

BNZ, the only major bank without its own KiwiSaver scheme, plots its move led by the woman who helped launch Westpac's scheme

23rd Jan 12, 4:04pm

by Gareth Vaughan

BNZ, the only major bank without its own KiwiSaver scheme, plots its move led by the woman who helped launch Westpac's scheme

Kiwibank's finance company push

Kiwibank recruits industry veterans Leo Davis and Stephen Cole to help with its fledgling finance company Kiwi Asset Finance

20th Jan 12, 3:47pm

by Gareth Vaughan

Kiwibank recruits industry veterans Leo Davis and Stephen Cole to help with its fledgling finance company Kiwi Asset Finance

BNZ issues more covered bonds

BNZ issues NZ$225 million of covered bonds domestically, says continuing to mull €500 million European issue

20th Jan 12, 2:21pm

by Gareth Vaughan

BNZ issues NZ$225 million of covered bonds domestically, says continuing to mull €500 million European issue

BNZ facing farming haircut

In-receivership sister companies McVitty Properties and Patoka Dairies owe BNZ around NZ$70 mln between them

19th Jan 12, 3:59pm

by Gareth Vaughan

In-receivership sister companies McVitty Properties and Patoka Dairies owe BNZ around NZ$70 mln between them

Kiwibank buys GMI as mortgages slow

Kiwibank's acquisition of Gareth Morgan Investments opens new growth path as residential mortgage lending growth slows

19th Jan 12, 3:54pm

by Gareth Vaughan

Kiwibank's acquisition of Gareth Morgan Investments opens new growth path as residential mortgage lending growth slows

Fonterra ships 546 containers a day

Fonterra says December was its strongest month ever for exports with 246,000 tonnes of dairy products shipped

19th Jan 12, 11:14am

by Gareth Vaughan

Fonterra says December was its strongest month ever for exports with 246,000 tonnes of dairy products shipped