Scoop has an Ethical Paywall
Scoop InfoPages
This InfoPage in unregistered, if this is your news page register Westpac for InfoPages here.
Westpac - Latest News [Page 1]
Global Storm Clouds And Ongoing Cost-Of-Living Pressures Dampening Consumer Confidence
Wednesday, 19 March 2025, 10:00 am | Westpac
Financial pressures also continue to be a big concern for many households. While inflation is now finally back close to 2%, many of us are still grappling with the big increases in living costs over the past few years that have eaten away at our ... More >>
Women Urged To “Accelerate Action” With KiwiSaver Ahead Of International Women’s Day
Wednesday, 5 March 2025, 8:50 am | Westpac
Westpac NZ General Manager of Product, Sustainability and Marketing, Sarah Hearn, says Kiwi women live 3.5 years longer than men on average*, making it even more important for them to stay on track for retirement. More >>
Westpac NZ Cuts 2-year Special Home Loan Rate To 4.99%
Monday, 24 February 2025, 4:20 pm | Westpac
Effective Tuesday, the new 2-year special rate represents a 0.3% drop on the previous advertised special rate. The last time Westpac’s 2-year advertised special rate was below 5% p.a. was April 2022. More >>
Shifting To A Sustainable Marine Economy Could Contribute $14bn By 2035
Tuesday, 18 February 2025, 5:41 am | Westpac
Reuben Tucker, Westpac NZ Managing Director Institutional & Business Banking, says the sector has strong growth potential and harnessing that in a sustainable way will be important for export growth success. More >>
Westpac Offers Special Debt Consolidation Loan As Survey Shows New Year Financial Stress
Wednesday, 5 February 2025, 7:57 pm | Westpac
A survey of 1,093 Westpac customers found nearly 30% said holiday spending would probably or definitely cause financial stress in the new year, and another 24% said it may do. 14% of respondents were planning to take on debt to pay for additional ... More >>
Westpac NZ Cuts Home Loan Rate Below 5%
Wednesday, 5 February 2025, 3:05 pm | Westpac
The new 3-year special rate represents a 0.60% reduction on the current advertised rate and will be available to customers from Friday 7 February. More >>
Westpac NZ Cuts Popular 6 Month Special Home Loan Rate To 5.99%
Thursday, 16 January 2025, 3:01 pm | Westpac
As of Thursday afternoon, the new rate is the joint-lowest advertised special 6 month rate of the five major banks. Westpac also has the joint-lowest advertised 1, 2 and 3 year special rates, and the outright lowest 4 and 5 year special rates. More >>
Employment Confidence Picks Up From Its Lows
Wednesday, 15 January 2025, 9:15 am | Westpac
“The main change for this quarter was an improvement in people’s perceptions about the availability of jobs,” said Michael Gordon, Senior Economist at Westpac. “While this measure is still very soft compared to history, it was the first improvement ... More >>
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 >>
