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. 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

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

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