Westpac New Zealand - Latest News [Page 1]

Retailing In New Zealand – Crossing The Digital Rubicon

Tuesday, 28 September 2021, 6:48 am | Westpac New Zealand

The traditional retail model is changing with digital technologies disrupting retail supply chains, transforming operational processes, and revolutionising how products are marketed and sold, according to new research from Westpac’s economics team. ... More >>

Jobs Easier To Find, But Workers Still Cautious About Their Prospects

Saturday, 25 September 2021, 5:48 am | Westpac New Zealand

Westpac McDermott Miller Employment Confidence, September quarter 2021  The Westpac McDermott Miller Employment Confidence Index rose 1.8 points in the September quarter, to a level of 105.7. The Index is 2.9 points higher than it was at the end ... More >>

Catherine Mcgrath Appointed CEO, Westpac New Zealand

Friday, 24 September 2021, 9:47 am | Westpac New Zealand

Westpac Group CEO Peter King and the Westpac New Zealand Board today announced the appointment of Catherine McGrath as Chief Executive Officer, Westpac New Zealand. <img src="https://img.scoop.co.nz/stories/images/2109/efb712db72b04adf5188.jpeg" ... More >>

Two new directors appointed to WNZL Board

Monday, 20 September 2021, 1:01 pm | Westpac New Zealand

The Board of Westpac New Zealand Limited has announced the appointment of two new directors. Sam Knowles joins the Board as an independent non-executive director from today. “Few people in Australasia know the banking industry as well as Sam,” ... More >>

Westpac Economic Overview, August 2021 – Rapid Escalation

Tuesday, 17 August 2021, 5:25 am | Westpac New Zealand

The Westpac Economics team’s latest Economic Overview highlights how conditions in the New Zealand economy have changed dramatically in the last few months. “Supply-side constraints on the economy have been apparent for some time,” said Westpac’s ... More >>

Westpac NZ Cuts Fees To Boost KiwiSaver Balances

Tuesday, 20 July 2021, 5:59 am | Westpac New Zealand

Westpac NZ is reducing fees on its Westpac KiwiSaver Scheme funds, delivering significant savings for more than 380,000 members. As well as removing its annual $12 administration fee, the bank is cutting a range of fund charges by up to 39%. BT Funds Management ... More >>

Westpac New Zealand To Remain Part Of Westpac Group

Thursday, 24 June 2021, 9:52 am | Westpac New Zealand

Westpac New Zealand Limited (WNZL) remains part of Westpac Group following a decision for the two businesses not to demerge. Westpac Group Chief Executive Officer, Peter King, said: “After a detailed review, we believe a demerger of the WNZL business ... More >>

Westpac NZ Announced As Premier Partner Of APEC 2021 CEO Summit

Friday, 11 June 2021, 5:42 am | Westpac New Zealand

Westpac NZ has been unveiled as a major supporter of Asia-Pacific Economic Cooperation (APEC) 2021, at a launch event in Auckland on Thursday evening. The bank will be a Premier Partner of the APEC 21 CEO Summit, a two-day event in November bringing ... More >>

Westpac NZ Gives Employees Special Leave To Get Vaccinated

Monday, 7 June 2021, 3:31 pm | Westpac New Zealand

Westpac New Zealand is introducing paid special leave for employees to attend COVID-19 vaccination appointments. Westpac NZ General Manager of Institutional and Business Banking, Simon Power, says that employees will be able to apply for a half day special ... More >>

Road Freight: Between A Rock And A Hard Place On Decarbonisation

Friday, 28 May 2021, 6:09 am | Westpac New Zealand

Further consolidation is likely if the road freight industry is to make a meaningful reduction in carbon emissions according to new research from Westpac NZ’s economic team. Westpac NZ Industry Economist Paul Clark says that the ability of most road ... More >>

Westpac New Zealand Announces Strong Financial Result

Monday, 3 May 2021, 10:01 am | Westpac New Zealand

Westpac New Zealand (Westpac NZ) [i] says a strong half-year financial result has been driven by better than expected economic conditions. Chief Executive David McLean said while the global COVID-19 pandemic was far from over, the financial effect on ... More >>

Westpac NZ Offers 2.29% One-Year Home Loan Rate

Monday, 11 January 2021, 6:58 am | Westpac New Zealand

Westpac NZ is giving Kiwis a helping hand with their 2021 home ownership goals by offering its lowest ever interest rate of 2.29%pa. This is the lowest advertised rate by any of the major banks. The ‘special’ rate is available on a one-year ... More >>

Westpac New Zealand Puts Customers First In COVID-19 Response

Monday, 2 November 2020, 10:26 am | Westpac New Zealand

Westpac New Zealand (Westpac NZ) [i] is focused on helping customers adapt to the new economic landscape created by COVID-19 and is well positioned to support New Zealand through the recovery, says Chief Executive David McLean. “Almost every ... More >>

Kiwis Young And Old Are Neglecting Their KiwiSaver, Survey Finds

Thursday, 17 September 2020, 4:47 pm | Westpac New Zealand

New Zealanders at both ends of the age spectrum risk falling short of their retirement savings goals by not paying enough attention to their KiwiSaver, according to research by Westpac NZ. The nationally representative survey of 1,000 KiwiSaver members found ... More >>

Westpac Branches In Auckland - Level 2

Sunday, 30 August 2020, 3:06 pm | Westpac New Zealand

We will be opening all of our branches in Auckland under normal hours from tomorrow as the region returns to COVID-19 Level 2 restrictions. During Level 3 we opened 13 branches in the region. Customers will be able to check the hours of their local ... More >>

Westpac NZ Committed To Helping Customers Through COVID-19

Friday, 14 August 2020, 6:42 pm | Westpac New Zealand

Westpac NZ is working hard to continue providing a range of banking services and financial support to New Zealanders as the country responds to the second wave of COVID-19. Westpac NZ chief executive David McLean said customers had shown patience ... More >>

Customers Use COVID-19 Lockdown To Pay Down Mortgages

Thursday, 6 August 2020, 8:09 am | Westpac New Zealand

Many home owners unable to spend money during lockdown diverted significant sums of money into extra repayments on their mortgages, new Westpac NZ data shows. At the end of February, prior to lockdown, 65% of customers were ahead on their home ... More >>

Westpac NZ Lowers Merchant Fees For Small Businesses

Monday, 3 August 2020, 1:13 pm | Westpac New Zealand

Westpac NZ is rolling out a new merchant fee pricing structure that will lead to cost savings for more than 10,000 small and medium Kiwi businesses, and could make contactless transactions more widely available for customers. On 1 September, most ... More >>

Westpac NZ Supports Customers With Range Of Housing Rate Cuts

Thursday, 28 May 2020, 4:45 pm | Westpac New Zealand

Westpac NZ is offering Kiwis potential savings on their mortgage repayments by cutting a range of home loan rates and introducing the lowest three year rate among major banks. The two, three, four and five year special rates are as follows: 2-year rate ... More >>

COVID-19: Westpac NZ Donates Extra $1m To Rescue Helicopters

Friday, 17 April 2020, 7:21 am | Westpac New Zealand

Westpac NZ is donating an extra $1 million to support New Zealand’s rescue helicopters, which are facing a serious fundraising shortfall due to the impacts of COVID-19. In addition to Westpac NZ’s usual sponsorship and annual fundraising campaign, ... More >>