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Westpac - Latest News [Page 3]
Westpac New Zealand Reports Stable Underlying Performance
Monday, 8 May 2023, 10:39 am | Westpac
Westpac New Zealand (Westpac NZ) [i] has reported a 33% fall in net profit [ii] for the six months ended 31 March 2023, compared with the same period last year, but says its underlying performance has been stable. Last year’s one-off sale of ... More >>
Westpac NZ Working To Help More New Zealanders Get A Bank Account
Wednesday, 5 April 2023, 6:31 am | Westpac
Westpac NZ says greater action is needed to make it easier for vulnerable New Zealanders to access a bank account. A new report commissioned by Westpac NZ and carried out by research agency ThinkPlace shows there are substantial barriers that prevent some ... More >>
Westpac NZ Increases Financial Support To Community Law Centres O Aotearoa
Tuesday, 14 March 2023, 12:47 pm | Westpac
Westpac NZ is boosting its financial support for Community Law Centres o Aotearoa (CLCA) to provide greater certainty and enable community law centres to help more vulnerable clients. By law, funds held in solicitors’ nominated trust accounts ... More >>
Westpac Economic Overview, February 2023 – Weathering The Storm
Tuesday, 28 February 2023, 6:49 am | Westpac
The Reserve Bank’s past efforts to tighten monetary policy will really come home to roost this year, according to Westpac’s latest Economic Overview . “Homeowners with mortgages are now rolling onto much higher interest rates than before,” says ... More >>
Westpac Offers Temporary Overdrafts For Customers Affected By Severe Weather
Thursday, 16 February 2023, 12:53 pm | Westpac
Westpac NZ is welcoming Government regulatory changes that will make it faster and simpler for customers who have been affected by severe weather to apply for a personal temporary overdraft. The changes provide a temporary exemption to some of the affordability ... More >>
Westpac Extends Relief Options To Customers Affected By Cyclone Gabriellewestpac
Monday, 13 February 2023, 1:09 pm | Westpac
Westpac NZ is extending relief options for customers in regions affected by Ex Tropical Cyclone Gabrielle, including Tairāwhiti, Northland, Auckland and Thames-Coromandel, where a state of emergency has been declared. Small businesses may be eligible for ... More >>
Westpac NZ Launches $1 Million Fund To Help Small Businesses Affected By Flooding
Thursday, 2 February 2023, 2:11 pm | Westpac
Westpac NZ has today launched a $1 million fund to help its small business customers impacted by the floods in the upper North Island. Small business customers who meet the eligibility criteria can apply for a $2,500 cash grant to help with urgent expenses ... More >>
Westpac Offers Relief Options To Customers Affected By Flooding
Saturday, 28 January 2023, 12:14 pm | Westpac
Westpac NZ is offering financial support to personal and business customers affected by flooding. The relief package features a range of possible support options for both business and personal customers. These may include: - Suspension of principal ... More >>
Employment Confidence Falls As Recession Concerns Loom
Thursday, 19 January 2023, 1:25 pm | Westpac
Westpac McDermott Miller Employment Confidence, December quarter 2022 The Westpac McDermott Miller Employment Confidence Index (ECI) fell to 108.0 in the December quarter, from a post-Covid high of 115.2 in the September quarter. “The outlook ... More >>
Westpac McDermott Miller Consumer Confidence, December Quarter 2022
Monday, 19 December 2022, 10:47 am | Westpac
The Westpac McDermott Miller Consumer Confidence Index fell sharply in December, dropping 12 points to 75.6. That’s the lowest level consumer confidence has been since the survey began in 1988, and indicates that there are far more New Zealanders ... More >>
Westpac Regional Roundup, December 2022
Wednesday, 14 December 2022, 9:29 am | Westpac
Regions with a high exposure to export markets, particularly agriculture/horticulture and foreign tourism, will generally fare better than those that don’t, according to Westpac’s latest Regional Roundup which summarises the economic outlook by region ... More >>
Westpac NZ Welcomes New Chief Economist
Tuesday, 13 December 2022, 2:07 pm | Westpac
Westpac has announced the appointment of Kelly Eckhold as its new Chief Economist in New Zealand. Westpac NZ Chief Executive Catherine McGrath says Kelly brings a wealth of crucial expertise from across the financial sector. “The New Zealand ... More >>
Westpac NZ Changes Credit And Debit Card Rewards
Monday, 5 December 2022, 10:48 am | Westpac
Westpac NZ is moving to new tiered systems for its consumer credit card rewards following regulatory changes that cap some fees paid by merchants. The bank is contacting Airpoints™ and hotpoints® cardholders about the changes, which will take effect ... More >>
Westpac New Zealand Well Positioned To Support Customers
Monday, 7 November 2022, 10:15 am | Westpac
Westpac New Zealand (Westpac NZ) [i] says a solid full-year financial result puts it in a strong position to support customers, amid an uncertain economic environment. Westpac NZ’s cash earnings [ii] were up 15% for the 12 months ended 30 September ... More >>
Westpac NZ Offers Fee-free Credit Card
Thursday, 27 October 2022, 10:07 am | Westpac
New Zealanders are now able to apply for a credit card that is completely free of fees, providing another way to help manage their finances amid the rising cost of living. No annual fee No foreign currency fee No late payment fee No replacement ... More >>
Westpac McDermott Miller Consumer Confidence, September Quarter 2022
Thursday, 22 September 2022, 8:57 am | Westpac
The Westpac McDermott Miller Consumer Confidence Index rose 8.9 points in the September quarter to a level of 87.6. While that is up from the record lows seen earlier in the year, confidence remains weak. There are still many more New Zealanders who are ... More >>
Westpac NZ Removes Nine Lending And Overdraft Fees
Thursday, 15 September 2022, 2:56 pm | Westpac
Westpac NZ has removed nine fees relating to the establishment and administration of loans and overdrafts. Westpac NZ General Manager of Consumer Banking and Wealth Ian Hankins says the removal of the fees will save customers money and simplify processes, ... More >>
New $1 Million Fund To Encourage Housing Innovation In NZ
Monday, 5 September 2022, 10:17 am | Westpac
The Westpac NZ Government Innovation Fund is making $1 million in funding available for innovators working to help New Zealanders into quality homes. The Innovation Fund is funded by Westpac NZ and jointly governed by an Investment Board made up ... More >>
Scammers Appear More Convincing By Faking Phone Numbers
Friday, 2 September 2022, 9:11 am | Westpac
Almost half of Westpac NZ customers say they are finding it harder to identify scams, as criminals adopt increasingly sophisticated approaches to swindle their victims. In a new survey of more than 1300 Westpac NZ customers, 87% of respondents believed ... More >>
Westpac NZ Announces Package Of Sustainability Initiatives
Wednesday, 27 July 2022, 10:18 am | Westpac
Westpac NZ is expanding its interest-free loans that help customers make their homes warmer, healthier and more energy efficient, as part of a package of sustainability announcements. More >>
