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Westpac New Zealand - Latest News [Page 1]
Westpac NZ Cuts Home Loan And Term Deposit Rates
Wednesday, 24 July 2024, 2:14 pm | Westpac New Zealand
Overall, the bank has reduced its advertised special home loan rates across all terms by between 0.1% and 0.4% since the start of July. More >>
Shared Ownership Housing Options Could Help Thousands More NZers Into Their Own Home
Tuesday, 23 July 2024, 7:23 am | Westpac New Zealand
Affordable shared home ownership options like shared equity and leasehold could help tens of thousands more New Zealanders into their own homes, but work is needed to help the sector scale up, according to new research released by Westpac NZ. More >>
Westpac NZ Updates Processes To Help Young People In Care Open Bank Accounts
Wednesday, 19 June 2024, 8:18 am | Westpac New Zealand
Westpac’s new process means young people aged 15-17 who are in the care of Oranga Tamariki are now able to open a bank account without needing consent from a parent or guardian. More >>
The Winter Blues – Consumer Confidence Drops To Low Levels.
Tuesday, 18 June 2024, 9:23 am | Westpac New Zealand
The Westpac McDermott Miller Consumer Confidence Index fell 11 points in June to a level of 82.2. That fall erased the gains seen over the past six months and leaves confidence about the economic outlook only modestly above historic lows. More >>
Westpac NZ Hits Open Banking Milestone
Thursday, 30 May 2024, 12:29 pm | Westpac New Zealand
Westpac NZ is operationally ready to work with approved third parties on delivering open banking solutions that will help improve New Zealanders’ banking experiences. More >>
Westpac NZ Invests In Simpler, Safer Banking For Customers
Monday, 6 May 2024, 10:26 am | Westpac New Zealand
Westpac New Zealand (Westpac NZ) [i] has reported an 8% fall in pre-provision profit for the six months ended 31 March 2024 compared to the same period last year, as it continues to invest in supporting customers through a challenging period and making ... More >>
The Squeezed Middle Feeling A Little Less Squeezed
Wednesday, 20 March 2024, 9:23 am | Westpac New Zealand
Westpac McDermott Miller Consumer Confidence, March quarter 2024 More >>
2024 Te Waiu O Aotearoa Trust Scholarship Recipients Announced
Monday, 18 March 2024, 10:11 am | Westpac New Zealand
The 2024 recipients of the Te Waiu o Aotearoa (TWOA) Trust scholarships have been announced. The four recipients come from throughout Aotearoa, but share a common purpose in wanting to build on their studies to make a difference in their communities. ... More >>
Earnings Up, But Job Prospects Dimming
Tuesday, 23 January 2024, 11:51 am | Westpac New Zealand
Westpac McDermott Miller Employment Confidence, December quarter 2023 More >>
Earnings Up, But Job Prospects Dimming
Tuesday, 23 January 2024, 9:33 am | Westpac New Zealand
Westpac McDermott Miller Employment Confidence, December quarter 2023 The Westpac McDermott Miller Employment Confidence Index (ECI) rose by 1.4 points to 99.7 in the December quarter. The Index remains down substantially from its peak of 115.2 ... More >>
Westpac NZ Encourages Kiwis To Draw Up A Plan For This Year’s Spending
Thursday, 18 January 2024, 8:31 am | Westpac New Zealand
Westpac NZ is encouraging New Zealanders to put together a 2024 budget, as new research shows more than one in four Kiwis expect to be impacted by a holiday spending hangover. A survey of 1,110 Westpac customers showed 27% of respondents believed holiday spending ... More >>
Households Feeling A Little More Festive, But Still Planning On A Frugal Little Christmas.
Monday, 18 December 2023, 8:43 am | Westpac New Zealand
Westpac McDermott Miller Consumer Confidence, December quarter 2023 The Westpac McDermott Miller Consumer Confidence Index rose 8.7 points in December to a level of 88.9. While that’s still well below average, the rise in confidence in recent ... More >>
Westpac NZ Steps Up Efforts To Stop Abusive Payments
Monday, 27 November 2023, 9:32 am | Westpac New Zealand
Westpac NZ has updated its banking terms and conditions to help protect customers from abusive language in payments. Today is International Economic Abuse Awareness Day, and Westpac NZ Manager of Customer Vulnerability and Financial Inclusion Louisa ... More >>
Westpac Economic Overview, August 2023 – The Great Rebalancing?
Thursday, 10 August 2023, 6:21 am | Westpac New Zealand
Westpac has just released its latest Economic Overview. “Several imbalances are clearly evident in the New Zealand economy,” noted Chief Economist Kelly Eckhold. “Most fundamentally, while growth is slowing, the economy is running above its ... More >>
Tourism – Leveraging Future Opportunities
Friday, 21 July 2023, 6:22 am | Westpac New Zealand
Tourism businesses that improve their adaptability will have a better chance of setting themselves up for long-term financial success, according to a report by Westpac’s Economics team. Westpac’s Industry Economist Paul Clark says that as the tourism ... More >>
Employment Confidence Up In March, But Past Its Peak
Wednesday, 29 March 2023, 9:11 am | Westpac New Zealand
Westpac McDermott Miller Employment Confidence, March quarter 2023 The Westpac McDermott Miller Employment Confidence Index (ECI) rose by 1.5 points to 109.5 in the March quarter. The Index remains below the recent peak of 115.2 that was reached in the ... More >>
Employment Confidence Up In March, But Past Its Peak
Wednesday, 29 March 2023, 9:11 am | Westpac New Zealand
Westpac McDermott Miller Employment Confidence, March quarter 2023 The Westpac McDermott Miller Employment Confidence Index (ECI) rose by 1.5 points to 109.5 in the March quarter. The Index remains below the recent peak of 115.2 that was reached in the ... More >>
Westpac McDermott Miller Consumer Confidence, March Quarter 2023
Wednesday, 22 March 2023, 9:14 am | Westpac New Zealand
The mood among New Zealand households remains grim. The Westpac McDermott Miller Consumer Confidence Index rose 2.1 points to 77.7 in March. However, that’s a fairly small rise after confidence fell to record lows last quarter. The number of New Zealanders ... More >>
Westpac NZ Increases Financial Support To Community Law Centres O Aotearoa
Tuesday, 14 March 2023, 11:43 am | Westpac New Zealand
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 NZ Increases Cyclone Gabrielle And Flooding Support To $4 Million
Thursday, 23 February 2023, 7:39 am | Westpac New Zealand
Westpac NZ has increased its financial support to customers and communities affected by Cyclone Gabrielle and earlier flooding to more than $4 million. Westpac NZ chief executive Catherine McGrath says the scale of the destruction in the Hawke’s Bay, ... More >>
