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 1 month

Latest articles

Big drop in govt's tax take on interest

Tax cuts, lower interest rates slice NZ$100 million off government's tax take

14th Oct 11, 4:02pm

by Gareth Vaughan

Tax cuts, lower interest rates slice NZ$100 million off government's tax take

Rabobank's Fitch rating threatened

Fitch puts AA+ credit rating of Dutch parent of Rabobank, NZ's biggest rural lender, on ratings watch negative

14th Oct 11, 2:53pm

by Gareth Vaughan

Fitch puts AA+ credit rating of Dutch parent of Rabobank, NZ's biggest rural lender, on ratings watch negative

Farm sales nearly double in September

Volume of farm sales almost doubles in September to 103, REINZ points to 'cautious optimism' in rural sector

14th Oct 11, 11:18am

by Gareth Vaughan

Volume of farm sales almost doubles in September to 103, REINZ points to 'cautious optimism' in rural sector

ANZ 3rd NZ bank to issue covered bonds

ANZ NZ raises 500 mln euros (NZ$866.4 mln) through its 1st covered bond offer backed by '100% prime NZ residential mortgages'

14th Oct 11, 9:39am

by Gareth Vaughan

ANZ NZ raises 500 mln euros (NZ$866.4 mln) through its 1st covered bond offer backed by '100% prime NZ residential mortgages'

ANZ ad spend 8 times National Bank's

ANZ NZ, reviewing ongoing use of National Bank brand, ramps up ANZ advertising spending and reins in National Bank's

13th Oct 11, 4:05pm

by Gareth Vaughan

ANZ NZ, reviewing ongoing use of National Bank brand, ramps up ANZ advertising spending and reins in National Bank's

ANZ's 'World Cup' mortgage rate

Sister banks ANZ and National launch 1-year fixed 'special' home loan rate of 5.50%

13th Oct 11, 10:09am

by Gareth Vaughan

Sister banks ANZ and National launch 1-year fixed 'special' home loan rate of 5.50%

'Investors' treated as prey'

Select Committee report on finance company collapses urges next Parliament to finally pass Class Actions Bill

12th Oct 11, 4:04pm

by Gareth Vaughan

Select Committee report on finance company collapses urges next Parliament to finally pass Class Actions Bill

Govt pins valuation on 'for sale' AMI

Crown accounts value on the block AMI Insurance at NZ$159 million

12th Oct 11, 3:59pm

by Gareth Vaughan

Crown accounts value on the block AMI Insurance at NZ$159 million

ANZ sees new hike in govt borrowing

ANZ says the govt is likely to increase planned debt sales in PREFU to cover NZ$4 bln EQC blowout

12th Oct 11, 3:38pm

by Gareth Vaughan

ANZ says the govt is likely to increase planned debt sales in PREFU to cover NZ$4 bln EQC blowout

BNZ creates new executive role

BNZ switches institutional banking head Shelley Ruha to new role of director for product and operations

12th Oct 11, 10:46am

by Gareth Vaughan

BNZ switches institutional banking head Shelley Ruha to new role of director for product and operations

How S&P could derail Kerr's PGC bid

George Kerr's PGC takeover bid could be derailed by credit rating downgrades of the big Aussie banks and Heartland NZ

11th Oct 11, 4:00pm

by Gareth Vaughan

George Kerr's PGC takeover bid could be derailed by credit rating downgrades of the big Aussie banks and Heartland NZ

Simon Power joining Westpac

Commerce Minister Simon Power joining Westpac, heading up banking services to its wealthy 'premium' personal customers

11th Oct 11, 2:13pm

by Gareth Vaughan

Commerce Minister Simon Power joining Westpac, heading up banking services to its wealthy 'premium' personal customers

RBNZ's covered bond comfort

RBNZ happy for banks to launch covered bond programmes well in excess of the central bank imposed 10% cap on assets

10th Oct 11, 4:23pm

by Gareth Vaughan

RBNZ happy for banks to launch covered bond programmes well in excess of the central bank imposed 10% cap on assets

Lack of financial prudence damning

Opinion: Treasury's ambulance at the bottom of the Crown retail deposit guarantee scheme cliff wasn't good enough

10th Oct 11, 2:33pm

by Gareth Vaughan

Opinion: Treasury's ambulance at the bottom of the Crown retail deposit guarantee scheme cliff wasn't good enough

Heartland repays Wrightson bonds

Heartland NZ repays NZ$92.3 million of PGG Wrightson Finance bonds after acquisition of rural lender

10th Oct 11, 11:02am

by Gareth Vaughan

Heartland NZ repays NZ$92.3 million of PGG Wrightson Finance bonds after acquisition of rural lender

RBNZ's Equitable warning ignored

How Treasury ignored RBNZ's advice on "high risk" Equitable Mortgages which ultimately failed carrying NZ$178 mln of taxpayer guaranteed deposits

6th Oct 11, 4:00pm

by Gareth Vaughan

How Treasury ignored RBNZ's advice on "high risk" Equitable Mortgages which ultimately failed carrying NZ$178 mln of taxpayer guaranteed deposits

Allied Farmers-Hanover settlement

Allied Farmers settles NZ$5m dispute with Hanover; Will convert capital notes into shares; Reveals NZ$41m audited annual loss

6th Oct 11, 1:44pm

by Gareth Vaughan

Allied Farmers settles NZ$5m dispute with Hanover; Will convert capital notes into shares; Reveals NZ$41m audited annual loss

Muir paid equivalent of 64% of firm's profit

Ex-Hanover chairman Greg Muir paid NZ$959,000 as Tru-Test boss versus company's NZ$1.49 million profit

6th Oct 11, 12:38pm

by Gareth Vaughan

Ex-Hanover chairman Greg Muir paid NZ$959,000 as Tru-Test boss versus company's NZ$1.49 million profit

Westpac's 'corrective action' on bank rules

Reserve Bank reveals 'corrective action' to overcome Westpac breach of bank registration conditions

5th Oct 11, 3:59pm

by Gareth Vaughan

Reserve Bank reveals 'corrective action' to overcome Westpac breach of bank registration conditions

ASB's NZ$12.3 bln covered bond plans

At 7 billion euros (NZ$12.3 billion), ASB launches a covered bond programme almost twice the size of its Reserve Bank mandate

5th Oct 11, 3:58pm

by Gareth Vaughan

At 7 billion euros (NZ$12.3 billion), ASB launches a covered bond programme almost twice the size of its Reserve Bank mandate

New chief risk officer for BNZ

BNZ hires Renée Roberts from its parent National Australia Bank as new chief risk officer

5th Oct 11, 12:30pm

by Gareth Vaughan

BNZ hires Renée Roberts from its parent National Australia Bank as new chief risk officer

RBNZ avoids the PIIGS

Reserve Bank slashes its exposure to French and US govt securities, ramps up German exposure

4th Oct 11, 4:36pm

by Gareth Vaughan

Reserve Bank slashes its exposure to French and US govt securities, ramps up German exposure

How Treasury helped taxpayer lose $1.1 bln

Auditor General says Treasury lacked financial prudence in administering Crown retail deposit guarantee scheme; Let taxpayer risk grow

4th Oct 11, 3:29pm

by Gareth Vaughan

Auditor General says Treasury lacked financial prudence in administering Crown retail deposit guarantee scheme; Let taxpayer risk grow

HSBC grows home loans in June qtr

HSBC sees June quarter profit fall as expenses rise and income drops; Grows residential mortgage book

3rd Oct 11, 5:03pm

by Gareth Vaughan

HSBC sees June quarter profit fall as expenses rise and income drops; Grows residential mortgage book

Rise and rise of floating mortgages stalls

Floating rate home loans by value fall month-on-month for the first time in 24 months

3rd Oct 11, 4:05pm

by Gareth Vaughan

Floating rate home loans by value fall month-on-month for the first time in 24 months