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

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

Where to for term deposit rates?

The term deposit rate price war is over, but will it resume?

19th Aug 11, 4:02pm

by Gareth Vaughan

The term deposit rate price war is over, but will it resume?

Air NZ confirms bond offer plans

Air New Zealand hopes to raise NZ$150mln from 5-year retail bond issue

19th Aug 11, 3:57pm

by Gareth Vaughan

Air New Zealand hopes to raise NZ$150mln from 5-year retail bond issue

Nomura seeking help with SCF book

Japan's Nomura to recruit assistance to help run South Canterbury Finance's 'Good Bank'

18th Aug 11, 4:11pm

by Gareth Vaughan

Japan's Nomura to recruit assistance to help run South Canterbury Finance's 'Good Bank'

At last, crumbs for Bridgecorp investors

Four year's after Bridgecorp collapse debenture holders get 1st repayment of just 3.5 cents in the dollar

18th Aug 11, 10:38am

by Gareth Vaughan

Four year's after Bridgecorp collapse debenture holders get 1st repayment of just 3.5 cents in the dollar

Two senior BNZ departures

BNZ's chief operating officer and chief risk officer leaving the bank

17th Aug 11, 4:55pm

by Gareth Vaughan

BNZ's chief operating officer and chief risk officer leaving the bank

Westpac June quarter profit dips

Bad business loans eat into Westpac NZ June quarter profit as non-housing lending growth outstrips home loan growth

17th Aug 11, 4:32pm

by Gareth Vaughan

Bad business loans eat into Westpac NZ June quarter profit as non-housing lending growth outstrips home loan growth

Taxpayers' face Equitable loss

Despite its CEO's prediction, Equitable Mortgages' receivership will leave taxpayers' out of pocket

17th Aug 11, 2:34pm

by Gareth Vaughan

Despite its CEO's prediction, Equitable Mortgages' receivership will leave taxpayers' out of pocket

S&P threat to bank credit ratings

Analysts warn market singling out Australian and New Zealand banks for potential Standard and Poor's downgrade

16th Aug 11, 4:13pm

by Gareth Vaughan

Analysts warn market singling out Australian and New Zealand banks for potential Standard and Poor's downgrade

Improving banking conditions seen

Royal Bank of Scotland analysts predict revenue growth at Kiwi subsidiary banks to outperform Aussie parents

16th Aug 11, 4:11pm

by Gareth Vaughan

Royal Bank of Scotland analysts predict revenue growth at Kiwi subsidiary banks to outperform Aussie parents

Nomura buys NZ$123m of SCF loans

Japan's Nomura buys NZ$123 million of South Canterbury Finance consumer, business and rural loans

16th Aug 11, 2:26pm

by Gareth Vaughan

Japan's Nomura buys NZ$123 million of South Canterbury Finance consumer, business and rural loans

SBS offers 2-yr 6.25% home-loans

SBS Bank introduces 2-year 6.25% pa fixed-term home loan rate, the lowest 2-year bank rate

16th Aug 11, 12:29pm

by Gareth Vaughan

SBS Bank introduces 2-year 6.25% pa fixed-term home loan rate, the lowest 2-year bank rate

Westpac NZ Q3 lending up 2%

Westpac NZ grows lending faster than industry wide rate in June quarter with mortgage delinquencies down

16th Aug 11, 11:07am

by Gareth Vaughan

Westpac NZ grows lending faster than industry wide rate in June quarter with mortgage delinquencies down

Heartland-PGG Wrightson deal closer

PGG Wrightson Finance debtholders rubber stamp sale of 'good loans' to Heartland NZ

15th Aug 11, 5:52pm

by Gareth Vaughan

PGG Wrightson Finance debtholders rubber stamp sale of 'good loans' to Heartland NZ

Time to haggle with your bank

Opinion: Time to question bank home loan margins as record ASB profit highlights sector's remarkable resilience in tough times

15th Aug 11, 4:18pm

by Gareth Vaughan

Opinion: Time to question bank home loan margins as record ASB profit highlights sector's remarkable resilience in tough times

Wannabe bank has rating affirmed

Standard and Poor's lowers outlook on Heartland's credit rating to negative citing asset quality and earnings profile

12th Aug 11, 4:31pm

by Gareth Vaughan

Standard and Poor's lowers outlook on Heartland's credit rating to negative citing asset quality and earnings profile

Farm land cheapest in nearly 8yrs

Farm sales volumes drop in July with median price per hectare at lowest level for almost 8 years, REINZ says

12th Aug 11, 10:56am

by Gareth Vaughan

Farm sales volumes drop in July with median price per hectare at lowest level for almost 8 years, REINZ says

'We jumped two days too soon'

ASB CEO Barbara Chapman sees some demand for credit, says CBA happy with ASB's 17.2% return on equity

11th Aug 11, 4:06pm

by Gareth Vaughan

ASB CEO Barbara Chapman sees some demand for credit, says CBA happy with ASB's 17.2% return on equity

Govt debt sale short of target

First sale of government debt since US downgrade raises just NZ$100m versus the NZ$150m sought

11th Aug 11, 2:49pm

by Gareth Vaughan

First sale of government debt since US downgrade raises just NZ$100m versus the NZ$150m sought

'Jobs outlook boosts confidence'

Consumer confidence in August up to highest level since January, ANZ-Roy Morgan survey says

11th Aug 11, 1:40pm

by Gareth Vaughan

Consumer confidence in August up to highest level since January, ANZ-Roy Morgan survey says

'Caught in a spiral of debt'

Colmar Brunton puts spotlight on 3rd tier lenders revealing interest rates of 498% pa and ignorance among borrowers

10th Aug 11, 4:08pm

by Gareth Vaughan

Colmar Brunton puts spotlight on 3rd tier lenders revealing interest rates of 498% pa and ignorance among borrowers

Beach haircut for HSBC

Allied Farmers set to write-off NZ$3.63m on former Hanover property Matarangi Beach Estates; Says HSBC faces 'significant' loss

10th Aug 11, 1:07pm

by Gareth Vaughan

Allied Farmers set to write-off NZ$3.63m on former Hanover property Matarangi Beach Estates; Says HSBC faces 'significant' loss

ASB annual cash profit up 42%

Big fall in impairment charges and rise in interest margins boosts ASB's annual cash profit by NZ$150 million to NZ$504 million

10th Aug 11, 10:50am

by Gareth Vaughan

Big fall in impairment charges and rise in interest margins boosts ASB's annual cash profit by NZ$150 million to NZ$504 million

Big banks' funding positions strong

New Zealand's major banks sitting on NZ$48.5b of cash with no immediate need to raise funds in dicey overseas markets

9th Aug 11, 4:11pm

by Gareth Vaughan

New Zealand's major banks sitting on NZ$48.5b of cash with no immediate need to raise funds in dicey overseas markets

Power 'disturbed' by 3rd tier lenders

Up to 40% of the country's 218 3rd tier lenders are breaking the law, Consumer Affairs Minister Simon Power says

9th Aug 11, 2:17pm

by Gareth Vaughan

Up to 40% of the country's 218 3rd tier lenders are breaking the law, Consumer Affairs Minister Simon Power says