Westpac - Latest News [Page 1]

Westpac New Zealand Announces Solid Financial Result

Monday, 1 November 2021, 9:57 am | Westpac

Strong momentum in the economy has contributed to a solid full year financial result for Westpac New Zealand (Westpac NZ) [i] . Acting Chief Executive Simon Power said COVID-19 was causing significant strain and uncertainty for parts of the community ... More >>

Māori Economy Faces Obstacles And Opportunities For Growth, Report Finds

Wednesday, 13 October 2021, 12:19 pm | Westpac

Māori businesses are growing in number but are underrepresented within Aotearoa’s economy and face barriers to growth, according to research commissioned by Westpac NZ and authored by BERL and OpinioNative. Speaking at an APEC 2021 Live with Business ... More >>

Westpac NZ Gives Staff Extra Five Days Of Leave For Wellbeing

Friday, 8 October 2021, 7:29 am | Westpac

Employees at Westpac NZ are being given five days of Wellbeing Leave every year as a way to help them look after themselves and their families. More than 4500 employees will benefit from the change, which has been introduced alongside increased entitlements ... More >>

Westpac NZ Works With Kāinga Ora To Get More Kiwi Families Into New Homes

Tuesday, 5 October 2021, 12:57 pm | Westpac

Westpac NZ is welcoming a new shared equity scheme unveiled by Kāinga Ora that will provide a new and accessible path to home ownership for Kiwi families. Under the First Home Partner product, eligible homeowners can apply to Kāinga Ora for ... More >>

Westpac McDermott Miller Consumer Confidence September 2021

Tuesday, 21 September 2021, 9:57 am | Westpac

The Westpac McDermott Miller Consumer Confidence Index fell 4.4 points in September, taking it to a level of 102.7. “With the dialling up of the Alert Level across the country, household confidence has taken a knock,” said Westpac’s Acting Chief ... More >>

Dramatic change to Kiwis’ spending habits during lockdown

Friday, 3 September 2021, 4:11 pm | Westpac

New data from Westpac NZ shows a dramatic change in spending habits by New Zealanders in the first fortnight of lockdown. Home meal kits and digital downloads were in hot demand as households readjusted to life within their own four walls, while shops ... More >>

Westpac supports business customers with contactless waiver

Friday, 3 September 2021, 10:53 am | Westpac

Westpac NZ is waiving contactless debit merchant service fees for eligible small business customers for September and October. The waiver comes on top of recent support measures, including waiving minimum monthly merchant service fees for eligible small ... More >>

Three new directors appointed to WNZL Board

Tuesday, 31 August 2021, 12:55 pm | Westpac

The Board of Westpac New Zealand Limited has announced changes to its membership, with one director retiring and three others being appointed. Malcolm Bailey is retiring from the Board after a term of nine years. “We’ve been fortunate to be able to ... More >>

Westpac offers relief options to business customers affected by COVID-19

Friday, 20 August 2021, 1:01 pm | Westpac

Westpac NZ is offering financial support to business customers affected by the latest COVID-19 lockdown. The relief package features a range of possible support options, which may include: - Suspension of principal loan payments for up to three months; ... More >>

Flood-affected Westpac Customers Offered Relief Options

Monday, 19 July 2021, 11:23 am | Westpac

Westpac NZ is offering financial support to personal and business customers affected by flooding in the West Coast and Marlborough regions. The relief package features a range of possible support options for both business and personal customers. These ... More >>

Westpac New Zealand Chair Jan Dawson To Retire From Board

Tuesday, 6 July 2021, 1:06 pm | Westpac

Jan Dawson CNZM, Chair of the Board of Westpac New Zealand, will retire on 1 October 2021 and will be replaced as Chair by current director Pip Greenwood. Ms Dawson joined the Board as a director in July 2011 and was appointed Chair in February 2015. She ... More >>

Westpac And Fidelity Life Enter Strategic Life Insurance Alliance

Tuesday, 6 July 2021, 10:00 am | Westpac

Westpac Group has announced it will sell its New Zealand life insurance business, Westpac Life-NZ-Limited, to New Zealand’s largest locally owned life insurer, Fidelity Life, as part of a long-term strategic alliance. Under the terms of the agreement, ... More >>

Innovative Social Loan To Improve Education Outcomes For New Zealanders

Monday, 28 June 2021, 9:53 am | Westpac

Westpac NZ and Te Pūkenga have signed Australasia’s first ever Social Loan in alignment with international sustainable finance principles. The $125m Social Loan will enable Te Pūkenga to offer better learning and employment opportunities to ... More >>

New Zealanders Are Hitting The Town Again As The Economic Recovery Gains Traction

Tuesday, 22 June 2021, 9:57 am | Westpac

Westpac McDermott Miller Consumer Confidence, June quarter 2021 The Westpac McDermott Miller Consumer Confidence Index rose 1.9 points in the June quarter, taking it to a level of 107.1. “Although consumer confidence is still a little below average ... More >>

Westpac Regional Roundup, June 2021

Friday, 18 June 2021, 5:13 am | Westpac

New Zealand’s recovery is expected to strengthen further over the year ahead. Rural regions are currently leading the way, although our larger metropolitan areas are likely to gradually close the performance gap. Regions that rely on foreign visitor ... More >>

Westpac NZ Offers Relief Options To Customers In Flood-hit Canterbury

Monday, 31 May 2021, 11:08 am | Westpac

Westpac NZ is offering financial support to personal and business customers affected by severe weather and flooding in Canterbury. The relief package features a range of possible support options for both business and personal customers. These may include: ... More >>

Westpac NZ Waives Transfer Fees To Brazil And India

Tuesday, 11 May 2021, 3:15 pm | Westpac

Westpac NZ is making it easier for customers to send money to loved ones in countries badly affected by the COVID-19 pandemic. From today, customers can send funds to India and Brazil via Westpac One online banking without incurring the usual $10 transfer ... More >>

Dominick Stephens Seconded To NZ Treasury Role

Wednesday, 3 March 2021, 2:22 pm | Westpac

Westpac NZ Chief Economist Dominick Stephens will take up a ten-month secondment later this month as the New Zealand Treasury’s Deputy Secretary, Chief Economic Advisor. At Treasury, Mr Stephens will take on the Chief Economic Advisor’s responsibilities ... More >>

Ben Turner Joins Westpac NZ As Treasurer

Wednesday, 24 February 2021, 1:45 pm | Westpac

Westpac NZ has appointed experienced banker Ben Turner as its Treasurer. Mr Turner started in the role earlier this month and leads the Westpac NZ Treasury team which is responsible for managing Westpac NZ’s balance sheet, liquidity management and ... More >>

Westpac Agri Futures Established To Help Young People Into Rural Careers

Monday, 21 December 2020, 2:00 pm | Westpac

The importance of our primary industries has been recognised with a new sector to be included in the 2021 Ford Ranger New Zealand Rural Games. The Rural Games will now include Westpac Agri Futures in association with Property Brokers and this is ... More >>