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Westpac - Latest News [Page 1]
Westpac McDermott Miller Consumer Confidence, December Quarter 2024
Wednesday, 18 December 2024, 6:39 pm | Westpac
A Christmas boost to consumer confidence More >>
Westpac Releases Recording Of Scammer In Action
Monday, 16 December 2024, 8:29 am | Westpac
Scammers can be very convincing and this customer did extremely well to resist and refuse to read anything out. And with his quick thinking, his recording of the conversation is going to help others as well. A massive thank you to that customer. More >>
Customers Increasingly Use Rewards Points To Help Manage Cost Of Living
Sunday, 15 December 2024, 10:40 pm | Westpac
With the often financially-stressful summer holiday period looming, Westpac NZ data shows customers have redeemed more than $11m of hotpoints Pay rewards in the last 12 months – a 140% increase on the same period last year. More >>
Westpac NZ Shares Tips For Mindful Summer Spending As Cost Pressures Persist
Monday, 9 December 2024, 6:56 am | Westpac
The survey of nearly 1,100 Westpac customers showed 72% of respondents are extremely or moderately concerned about the cost of living. More >>
Westpac NZ Supports Water Safety Awareness This Summer With Special Term Deposit Offer
Wednesday, 4 December 2024, 10:56 am | Westpac
Westpac NZ General Manager of Product, Sustainability and Marketing, Sarah Hearn says the bank is stepping up to help keep Kiwi kids and their whānau safe around water this summer. More >>
Westpac NZ Cuts Home And Business Lending Rates
Wednesday, 27 November 2024, 3:24 pm | Westpac
Alongside the 0.50% cuts to floating home loan rates, Westpac has also cut advertised fixed home loan rates, including a 0.20% drop in the 1-year special rate to 5.79% p.a., and a 0.16% drop in the 2-year special rate to 5.49%. Some term deposit rates ... More >>
Younger Kiwis More Likely To End Up With A “Spending Hangover” After Black Friday Weekend
Monday, 25 November 2024, 11:23 am | Westpac
Westpac has rolled out a “spending hangover” campaign aimed at encouraging and empowering young shoppers to resist pressure to buy more than they need, know their limits and stick to them, or “spend with a friend” who can talk them out of impulse ... More >>
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 >>
