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Westpac - Latest News [Page 1]
Westpac Economic Overview, October 2024 – Back In The Band!
Sunday, 27 October 2024, 2:03 pm | Westpac
Westpac Chief Economist Kelly Eckhold cautioned that the ultimate path of interest rates will depend on how the economy responds to easier financial conditions and how quickly remaining inflation pressures fall to levels more consistent with the ... More >>
Westpac Regional Roundup, October 2024
Tuesday, 8 October 2024, 5:16 pm | Westpac
There is growing optimism about the outlook for the economy over 2025. More >>
Westpac NZ Offers Financial Support For Southerners Affected By Severe Weather
Friday, 4 October 2024, 3:14 pm | Westpac
Westpac NZ Managing Director of Consumer Banking and Wealth, Helen Ryder, says the bank is on standby to provide emergency financial support, but its top priority is the safety of customers and staff. More >>
Pandemic Fund Switchers Missing Out On KiwiSaver Gains, As Westpac Launches High Growth Fund
Wednesday, 25 September 2024, 10:32 am | Westpac
The research comes as the bank launches its Westpac KiwiSaver Scheme High Growth Fund, for New Zealanders looking to maximise returns over a long time horizon. More >>
Employment Confidence Falls Further, With No Relief From Lower Interest Rates Yet
Tuesday, 24 September 2024, 4:31 pm | Westpac
The biggest driver of the weakness in confidence has been the perception that jobs are becoming much harder to find. Job vacancies have been shrinking for some time, and in the last few months we’ve seen a turn to outright job losses. More >>
Westpac Economic Overview, August 2024 – Nearing The Finish Line.
Tuesday, 6 August 2024, 3:56 pm | Westpac
"The pace and extent of subsequent policy easing will depend on how quickly inflation pressures fall to levels more consistent with the 2% target midpoint,” Mr Eckhold cautioned. More >>
Westpac NZ Announces Changes To Interest Rates
Thursday, 11 July 2024, 11:34 am | Westpac
Westpac NZ General Manager of Product, Sustainability and Marketing Sarah Hearn says the bank continues to focus on providing value to customers while responding to changes in wholesale rates. More >>
Westpac NZ Offers Financial Support For Customers Affected By Wild Weather
Thursday, 27 June 2024, 5:20 pm | Westpac
Westpac NZ is offering financial support to business and consumer customers affected by extreme weather in the East Coast and Hawke’s Bay regions. More >>
Westpac-McDermott Miller Employment Confidence, June Quarter 2024
Tuesday, 25 June 2024, 12:54 pm | Westpac
The Westpac-McDermott Miller Employment Confidence Index (ECI) fell by 13 points from 104.4 to 91.4 in the June quarter. This was the lowest reading since the country was emerging from the first Covid-19 lockdown. More >>
KiwiSaver Members Missing Retirement “bonus” Through Government Contributions
Tuesday, 11 June 2024, 8:48 am | Westpac
KiwiSaver members could be missing out on tens of thousands of dollars of extra savings at retirement if they don’t top up their contributions to qualify for the full government subsidy, according to a Westpac NZ analysis. More >>
Westpac Economic Overview, May 2024 – Doing The Hard Yards
Wednesday, 15 May 2024, 5:06 am | Westpac
"Growth is not at disastrous levels but is weak, and the labour market will do a greater share of the required adjustment.” More >>
Westpac NZ Launches Sustainable Equipment Finance Loan
Friday, 3 May 2024, 5:28 am | Westpac
The new loan provides a competitive five-year rate for business customers. It can be used to purchase a range of sustainable assets as well as for machinery, tools and equipment that will help reduce a business’s carbon footprint. More >>
Innovative Home Ownership Pathways Helping More New Zealanders Into Their First Home Sooner
Thursday, 18 April 2024, 8:48 am | Westpac
A growing number of first home buyers are using alternative pathways to purchase their first home, but many still aren’t aware of the range of options available to them, according to Westpac NZ data. More >>
Westpac Regional Roundup, April 2024
Wednesday, 3 April 2024, 8:41 am | Westpac
The latest GDP figures showed that the economy slipped into recession in the latter part of last year, and the feedback we’ve received from households and businesses is that conditions have remained challenging in the early part of 2024. More >>
Signs Of Relief Among Workers
Tuesday, 26 March 2024, 9:42 am | Westpac
Westpac McDermott Miller Employment Confidence, March quarter 2024 The Westpac McDermott Miller Employment Confidence Index (ECI) rose by 4.7 points to 104.4 in the March quarter. This takes the index back into net positive territory, after some softer ... More >>
Westpac NZ Introduces Gambling Account Block To Support Customers
Tuesday, 19 March 2024, 6:06 am | Westpac
The introduction of the gambling block is the latest initiative in Westpac’s Extra Care programme of work. The gambling block empowers the customers to stay in control of their finances. More >>
Westpac Economic Bulletin: New Zealand Residential Construction Update, March 2024
Friday, 15 March 2024, 8:51 am | Westpac
We’re going to need lots of houses Westpac’s latest Economic Bulletin looks at what the big swings in New Zealand’s population means for housing supply and home building. The past few years have seen some parts of New Zealand catching up ... More >>
Westpac NZ Announces Changes To Board Of Directors
Wednesday, 13 March 2024, 6:37 pm | Westpac
Westpac NZ has announced the appointment of Debbie Birch as an independent non-executive director, effective 18 April 2024. Ms Birch brings more than 30 years of financial markets experience, including managing global investment portfolios. She’s held ... More >>
Westpac Economic Overview, February 2024 – Staying The Course
Wednesday, 21 February 2024, 9:18 am | Westpac
Westpac has just released its latest Economic Overview. Overall growth outlook “2024 looks set to be a year where households and businesses hunker down, and where the Reserve Bank stays the course by maintaining high interest rates to ensure inflation ... More >>
Westpac NZ Announces Changes To Interest Rates
Friday, 9 February 2024, 9:07 am | Westpac
Westpac NZ is lowering its fixed housing rates across a range of terms from one year to five years. The decreases on fixed home loan rates of between 10 and 20 basis points mean the bank has some of the lowest home loan rates in market. Westpac NZ ... More >>
