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

16 years 3 months

Latest articles

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

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