Westpac
[updated]
Stats NZ says decreased volumes in hardware and vehicle retailing helped drive a fall in total retail sales in the March 2023 quarter
24th May 23, 11:45am
20
Stats NZ says decreased volumes in hardware and vehicle retailing helped drive a fall in total retail sales in the March 2023 quarter
The Reserve Bank is almost being 'out-hawked' by economists as they bid up the odds of higher interest rates ahead of this week's latest Official Cash Rate decision
22nd May 23, 2:23pm
23
The Reserve Bank is almost being 'out-hawked' by economists as they bid up the odds of higher interest rates ahead of this week's latest Official Cash Rate decision
Banks offering cash to borrowers taking out house insurance with, and sometimes without, their home loans
20th May 23, 9:17am
5
Banks offering cash to borrowers taking out house insurance with, and sometimes without, their home loans
Jarden sees share buybacks ahead for parents of NZ's big 4 banks & earnings upside from lower realised bad debts
17th May 23, 9:21am
1
Jarden sees share buybacks ahead for parents of NZ's big 4 banks & earnings upside from lower realised bad debts
Surging inbound migration seen adding demand to the New Zealand economy, with Westpac economists now forecasting a net gain of 100,000 migrants this year
16th May 23, 5:00am
148
Surging inbound migration seen adding demand to the New Zealand economy, with Westpac economists now forecasting a net gain of 100,000 migrants this year
Gareth Vaughan argues borrowers who bought their first home in 2020-21 face being let down by the system
13th May 23, 10:01am
167
Gareth Vaughan argues borrowers who bought their first home in 2020-21 face being let down by the system
Reserve Bank will be encouraged by the largest drop in inflation expectations since 2020
12th May 23, 4:11pm
31
Reserve Bank will be encouraged by the largest drop in inflation expectations since 2020
Westpac NZ economists say stronger measures will be needed in the grocery sector to generate enough competition to deliver the outcomes the Government seeks
12th May 23, 5:00am
10
Westpac NZ economists say stronger measures will be needed in the grocery sector to generate enough competition to deliver the outcomes the Government seeks
Westpac NZ CEO Catherine McGrath tells home buyers who bought for the long-term at house price peaks to hang in there
9th May 23, 11:16am
46
Westpac NZ CEO Catherine McGrath tells home buyers who bought for the long-term at house price peaks to hang in there
[updated]
Stats NZ figures show that total card spending rose 1% after seasonal adjustment in April, following a big 3.1% rise in March
9th May 23, 11:13am
67
Stats NZ figures show that total card spending rose 1% after seasonal adjustment in April, following a big 3.1% rise in March
[updated]
Half-year profit drops for Westpac NZ as bank warns of worsening economic outlook
8th May 23, 10:15am
33
Half-year profit drops for Westpac NZ as bank warns of worsening economic outlook
What recession? New Zealand is still adding jobs, Statistics NZ's March employment indicator shows
28th Apr 23, 1:29pm
36
What recession? New Zealand is still adding jobs, Statistics NZ's March employment indicator shows
And then there were two: Two of the major banks are now offering under 6% for three years as anticipation of future OCR cuts drives increased competition in longer-term fixed mortgages
27th Apr 23, 9:14am
43
And then there were two: Two of the major banks are now offering under 6% for three years as anticipation of future OCR cuts drives increased competition in longer-term fixed mortgages
The Icehouse calls for the Government's proposed Business Growth Fund to seek SME equity investment from beyond just banks
26th Apr 23, 7:04am
The Icehouse calls for the Government's proposed Business Growth Fund to seek SME equity investment from beyond just banks
Banks say many of their borrowers are ahead of schedule on home loan repayments but tougher times are ahead
25th Apr 23, 9:00am
97
Banks say many of their borrowers are ahead of schedule on home loan repayments but tougher times are ahead
Slow progress continues on government's plans for a Business Growth Fund partnership with banks to invest in SMEs
24th Apr 23, 9:33am
Slow progress continues on government's plans for a Business Growth Fund partnership with banks to invest in SMEs
Co-operative Bank, TSB top, Westpac bottom in Consumer NZ satisfaction survey
Cutting off the insolvent: NZ banks close accounts for bankrupts
Big banks' mortgage serviceability test rates now start at 8.5% and rise above 9%
8th Apr 23, 9:15am
82
Big banks' mortgage serviceability test rates now start at 8.5% and rise above 9%
Is the tide turning on big banks' use of a profit metric that's 'a creature of bank management's own creativity?'
29th Mar 23, 7:50am
Is the tide turning on big banks' use of a profit metric that's 'a creature of bank management's own creativity?'
[updated]
Bank workers' union wants 5% levy on the profits of New Zealand's big four Australian-owned banks
21st Mar 23, 10:34am
39
Bank workers' union wants 5% levy on the profits of New Zealand's big four Australian-owned banks
Westpac economist suggests weak local economy and overseas banking turbulence mean RBNZ may end OCR hiking cycle in April
17th Mar 23, 2:57pm
68
Westpac economist suggests weak local economy and overseas banking turbulence mean RBNZ may end OCR hiking cycle in April
KPMG's annual banking sector review showing profits topping $7 billion likely to add to calls for bank competition probe
14th Mar 23, 5:00am
17
KPMG's annual banking sector review showing profits topping $7 billion likely to add to calls for bank competition probe
NZ bank profit probe by Commerce Commission would be a good start: Shamubeel Eaqub
3rd Mar 23, 12:04pm
21
NZ bank profit probe by Commerce Commission would be a good start: Shamubeel Eaqub
Gareth Vaughan probes Westpac's successful court battle to dump a company associated with a Russian oligarch as a customer, wondering if our banks are acting with higher moral standards than our government
2nd Mar 23, 1:00pm
26
Gareth Vaughan probes Westpac's successful court battle to dump a company associated with a Russian oligarch as a customer, wondering if our banks are acting with higher moral standards than our government