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 3 months

Latest articles

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

BNZ's 'sound earnings, revenue' growth

Australian parent says BNZ customer switch from fixed to floating rate mortgages continues to support margins

9th Aug 11, 11:11am

by Gareth Vaughan

Australian parent says BNZ customer switch from fixed to floating rate mortgages continues to support margins

Heartland makes Govt guarantee disclosure

Heartland NZ says more than half its NZ$1.6 billion worth of retail deposits aren't covered by the Crown guarantee

8th Aug 11, 5:28pm

by Gareth Vaughan

Heartland NZ says more than half its NZ$1.6 billion worth of retail deposits aren't covered by the Crown guarantee

ASB cuts 1-5 yr mortgage rates

Five days after hiking fixed-term home loan rates, 'nimble' ASB cuts them to reflect 'wholesale funding market movements'

8th Aug 11, 4:33pm

by Gareth Vaughan

Five days after hiking fixed-term home loan rates, 'nimble' ASB cuts them to reflect 'wholesale funding market movements'

'NZ faces potential export driven slowdown'

Standard and Poor's warns NZ could face export driven slowdown through weaker demand and/or lower export prices due to US and European debt woes

8th Aug 11, 2:11pm

by Gareth Vaughan

Standard and Poor's warns NZ could face export driven slowdown through weaker demand and/or lower export prices due to US and European debt woes

Bollard's bank profit warning shot

Reserve Bank Governor Alan Bollard warns Aussie banks to accept lower profits from New Zealand subsidiaries

6th Aug 11, 10:35am

by Gareth Vaughan

Reserve Bank Governor Alan Bollard warns Aussie banks to accept lower profits from New Zealand subsidiaries

Would taxpayers pay if a bank failed?

Does the RBNZ's living wills policy mean taxpayers will be off the hook if a major bank fails?

5th Aug 11, 4:50pm

by Gareth Vaughan

Does the RBNZ's living wills policy mean taxpayers will be off the hook if a major bank fails?

Home loan price war brewing?

PricewaterhouseCoopers says mortgage market competition among the major banks likely to heat up as rates rise

5th Aug 11, 1:56pm

by Gareth Vaughan

PricewaterhouseCoopers says mortgage market competition among the major banks likely to heat up as rates rise

Lloyds Bank's big Christchurch hit

Britain's Lloyds, owner of Bank of Scotland, sees £70 mln hit from Christchurch earthquake; Much more than NZ's major banks

5th Aug 11, 1:09pm

by Gareth Vaughan

Britain's Lloyds, owner of Bank of Scotland, sees £70 mln hit from Christchurch earthquake; Much more than NZ's major banks

HSBC ends 6mth home loan special

HSBC ends six month home loan special to wealthy customers who also take out insurance

5th Aug 11, 9:54am

by Gareth Vaughan

HSBC ends six month home loan special to wealthy customers who also take out insurance

2011: A boom year for bond issuance?

Year-to-date domestic bond issuance near NZ$6 billion; Can it reach NZ$10 billion as corporates eye US private placements?

4th Aug 11, 4:08pm

by Gareth Vaughan

Year-to-date domestic bond issuance near NZ$6 billion; Can it reach NZ$10 billion as corporates eye US private placements?

Councils look set to get bond bank

Local government bond bank a step closer as select committee recommends bill creating it be passed

3rd Aug 11, 5:32pm

by Gareth Vaughan

Local government bond bank a step closer as select committee recommends bill creating it be passed

New RBNZ powers; Too little too late?

RBNZ to get more power to police dwindling number of finance companies through Non-Bank Deposit Takers Bill

3rd Aug 11, 4:13pm

by Gareth Vaughan

RBNZ to get more power to police dwindling number of finance companies through Non-Bank Deposit Takers Bill

Westpac's Frazis praises John Key

Westpac NZ CEO George Frazis says PM's 'decisive, responsive decision making' has helped make Kiwis more positive than Aussies

3rd Aug 11, 4:05pm

by Gareth Vaughan

Westpac NZ CEO George Frazis says PM's 'decisive, responsive decision making' has helped make Kiwis more positive than Aussies