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

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

Barfoot's lowest new listings in 10-yrs

Barfoot and Thompson says Auckland July house sales up 21% year-on-year but properties on its books at 4-year low

3rd Aug 11, 10:51am

by Gareth Vaughan

Barfoot and Thompson says Auckland July house sales up 21% year-on-year but properties on its books at 4-year low

ASB lifts fixed-term mortgage rates

ASB hikes 1-yr, 18mth, 2-yr, 3-yr, 4-yr and 5-yr fixed term mortgage rates by between 5 and 40 basis points

3rd Aug 11, 9:30am

by Gareth Vaughan

ASB hikes 1-yr, 18mth, 2-yr, 3-yr, 4-yr and 5-yr fixed term mortgage rates by between 5 and 40 basis points

Costs to eat into Heartland NZ profit

Heartland NZ sees annual profit of up to NZ$8m v proforma figure of NZ$11m for last year rising to as much as NZ$24m in 2012

2nd Aug 11, 12:03pm

by Gareth Vaughan

Heartland NZ sees annual profit of up to NZ$8m v proforma figure of NZ$11m for last year rising to as much as NZ$24m in 2012

APRA's home loan warning shot

Australian bank regulator warns Aussie parents of the big NZ banks over home loan lending standards

2nd Aug 11, 11:01am

by Gareth Vaughan

Australian bank regulator warns Aussie parents of the big NZ banks over home loan lending standards

Westpac hikes 2 fixed mortgage rates

Westpac lifts its six month fixed term home loan rate and one year capped rate

2nd Aug 11, 9:22am

by Gareth Vaughan

Westpac lifts its six month fixed term home loan rate and one year capped rate

Banks vent at user pays regulation

ANZ, NZ's 'biggest taxpayer,' grumpy at prospect of paying NZ$800,000 a year to help fund Financial Markets Authority

22nd Jul 11, 4:38pm

by Gareth Vaughan

ANZ, NZ's 'biggest taxpayer,' grumpy at prospect of paying NZ$800,000 a year to help fund Financial Markets Authority

Receivership for NZF Money

NZF Money asks trustee to appoint receiver after Financial Markets Authority forces it to pull prospectus

22nd Jul 11, 1:55pm

by Gareth Vaughan

NZF Money asks trustee to appoint receiver after Financial Markets Authority forces it to pull prospectus

Kiwi replacing Kiwi at top of CBA

'Outstanding and fearless' CEO Ralph Norris to quit ASB's parent CBA in November; To be succeeded by Ian Narev

22nd Jul 11, 11:59am

by Gareth Vaughan

'Outstanding and fearless' CEO Ralph Norris to quit ASB's parent CBA in November; To be succeeded by Ian Narev

Shareholders' group's CGT warning

Shareholders' Association concerned a capital gains tax would hit young people's KiwiSaver share investments

22nd Jul 11, 11:06am

by Gareth Vaughan

Shareholders' Association concerned a capital gains tax would hit young people's KiwiSaver share investments