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. Over recent years he has received awards in the EY Business Journalism Awards, Canon Media Awards, and Shareholders' Association Business Journalism Awards.

Member for

14 years 1 month

Latest articles

Slow rural progress for Super Fund overseas

NZ Super Fund finding it a 'real challenge' to find overseas agriculture assets to invest in as 'wall of money' chases the 'new black'

5th Sep 11, 4:00pm

by Gareth Vaughan

NZ Super Fund finding it a 'real challenge' to find overseas agriculture assets to invest in as 'wall of money' chases the 'new black'

ANZ NZ eyes bond issue

ANZ NZ eyes issue of unsecured, unsubordinated retail bonds

5th Sep 11, 10:58am

by Gareth Vaughan

ANZ NZ eyes issue of unsecured, unsubordinated retail bonds

Air NZ bonds snapped up

Air New Zealand prices 5-year bonds at 6.90%, bottom of range, will raise NZ$150 million in 1st bond offer for 20 years

2nd Sep 11, 5:09pm

by Gareth Vaughan

Air New Zealand prices 5-year bonds at 6.90%, bottom of range, will raise NZ$150 million in 1st bond offer for 20 years

MediaWorks faces new bank covenants

MediaWorks 'trading as expected' major shareholder says, ahead of introduction of two new banking covenants

2nd Sep 11, 4:19pm

by Gareth Vaughan

MediaWorks 'trading as expected' major shareholder says, ahead of introduction of two new banking covenants

ASB marketing boss quits

ASB's general manager of marketing Deborah Simpson, who launched 'Creating Futures campaign', leaves to set up own business

2nd Sep 11, 9:20am

by Gareth Vaughan

ASB's general manager of marketing Deborah Simpson, who launched 'Creating Futures campaign', leaves to set up own business

Bank costs rising despite flat lending

IT, branch costs, regulation, innovation in a weak lending environment drive up bank costs

1st Sep 11, 4:46pm

by Gareth Vaughan

IT, branch costs, regulation, innovation in a weak lending environment drive up bank costs

Allied Farmers capital notes D-Day nears

Allied Farmers may issue yet more shares to replace its soon to mature capital notes

1st Sep 11, 4:44pm

by Gareth Vaughan

Allied Farmers may issue yet more shares to replace its soon to mature capital notes

3rd straight commodity price index drop

Milk powder, logs and aluminium lead ANZ Commodity Price Index to third consecutive monthly fall

1st Sep 11, 1:42pm

by Gareth Vaughan

Milk powder, logs and aluminium lead ANZ Commodity Price Index to third consecutive monthly fall

'Europe may have to take its haircuts'

Visiting Rabobank CFO criticises European politicians slow sovereign debt crisis response; Sees PIIGS debt haircuts as likely

31st Aug 11, 4:03pm

by Gareth Vaughan

Visiting Rabobank CFO criticises European politicians slow sovereign debt crisis response; Sees PIIGS debt haircuts as likely

NZ owned banks diversify funding

SBS Bank taps commercial paper market for first time highlighting NZ owned banks push into new sources of funding

31st Aug 11, 4:01pm

by Gareth Vaughan

SBS Bank taps commercial paper market for first time highlighting NZ owned banks push into new sources of funding

Rabobank continues lending growth

Big drop in impairment losses sees Rabobank post strong turn around in June quarter profit

30th Aug 11, 4:03pm

by Gareth Vaughan

Big drop in impairment losses sees Rabobank post strong turn around in June quarter profit

TSB June quarter profit slips

Excluding last year's one-off tax hit, TSB Bank June quarter profit fell 7% on rising expenses and impairments

29th Aug 11, 4:19pm

by Gareth Vaughan

Excluding last year's one-off tax hit, TSB Bank June quarter profit fell 7% on rising expenses and impairments

Rural lender's annual profit halves

PGG Wrightson Finance, nearing Heartland NZ deal, posts a big annual profit drop as net interest income slumps

29th Aug 11, 2:19pm

by Gareth Vaughan

PGG Wrightson Finance, nearing Heartland NZ deal, posts a big annual profit drop as net interest income slumps

F&P Finance props up parent

'Iconic' whiteware maker better known for fridges & dishwashers, tipped to make 100% of first-half earnings from lending money

29th Aug 11, 12:04pm

by Gareth Vaughan

'Iconic' whiteware maker better known for fridges & dishwashers, tipped to make 100% of first-half earnings from lending money

ANZ eyeing Japan?

ANZ Banking Group eyeing potential Japanese acquisition, Australian Financial Review says

29th Aug 11, 9:35am

by Gareth Vaughan

ANZ Banking Group eyeing potential Japanese acquisition, Australian Financial Review says

Kiwibank's refinancing drive

Kiwibank lending grew NZ$1.08 bln in year to June, more than 6.5 times the big four bank's combined NZ$165 mln growth

26th Aug 11, 4:32pm

by Gareth Vaughan

Kiwibank lending grew NZ$1.08 bln in year to June, more than 6.5 times the big four bank's combined NZ$165 mln growth

Air NZ bonds to pay 6.90%-7.20%

Air New Zealand 5-year bonds to be priced next Friday; Could be 300 basis points over swap rate

26th Aug 11, 3:46pm

by Gareth Vaughan

Air New Zealand 5-year bonds to be priced next Friday; Could be 300 basis points over swap rate

Westpac pulls NZ$50m bond offer

Westpac 'Red & Black' bond offer in support of Christchurch rebuild fails to fire

25th Aug 11, 5:32pm

by Gareth Vaughan

Westpac 'Red & Black' bond offer in support of Christchurch rebuild fails to fire

Kiwibank pushes 'vested interest'

Kiwibank says rivals not promoting ease of bank customer switching because they'd lose customers to it if they did

25th Aug 11, 4:04pm

by Gareth Vaughan

Kiwibank says rivals not promoting ease of bank customer switching because they'd lose customers to it if they did

Kiwibank bad loan losses quadruple

Kiwibank annual profit more than halves to NZ$21.2 mln as provisions for bad loans soar more than four-fold to NZ$87.1 mln

25th Aug 11, 10:00am

by Gareth Vaughan

Kiwibank annual profit more than halves to NZ$21.2 mln as provisions for bad loans soar more than four-fold to NZ$87.1 mln

How the big 4 banks are split 2 ways

BNZ grows June quarter lending confirming split between big banks with record profits and those lifting lending

24th Aug 11, 4:26pm

by Gareth Vaughan

BNZ grows June quarter lending confirming split between big banks with record profits and those lifting lending

Inflation expectations trimmed

RBNZ inflation expectations survey shows businesses now expect inflation to be below 3% both 1 and 2 years from now

23rd Aug 11, 4:17pm

by Gareth Vaughan

RBNZ inflation expectations survey shows businesses now expect inflation to be below 3% both 1 and 2 years from now

'It could be New Zealand's century'

NZ needs to create an innovation cycle by building a great research university on Auckland's waterfront, says expat author Michael Parker

23rd Aug 11, 4:15pm

by Gareth Vaughan

NZ needs to create an innovation cycle by building a great research university on Auckland's waterfront, says expat author Michael Parker

'Farmers need local lender'

Heartland NZ says if its current depositor behaviour continues it'll fly through the Crown guarantee expiry

22nd Aug 11, 4:06pm

by Gareth Vaughan

Heartland NZ says if its current depositor behaviour continues it'll fly through the Crown guarantee expiry

ANZ closes in on record annual profit

ANZ on track for record annual underlying profit, topping 2007 despite lending contracting

22nd Aug 11, 3:51pm

by Gareth Vaughan

ANZ on track for record annual underlying profit, topping 2007 despite lending contracting