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Westpac

Australian parents of NZ's major banks facing reduced mortgage growth following changes to property-related tax concessions
25th May 26, 9:29am
Australian parents of NZ's major banks facing reduced mortgage growth following changes to property-related tax concessions
Bank economists expect the RBNZ to keep the Official Cash Rate on hold on Wednesday as inflation uncertainty clouds the timing of future hikes
24th May 26, 6:00am
11
Bank economists expect the RBNZ to keep the Official Cash Rate on hold on Wednesday as inflation uncertainty clouds the timing of future hikes
Tower Insurance’s CEO hopes to make insurance competitors sweat by drawing in new customers through low-risk policies
22nd May 26, 9:30am
1
Tower Insurance’s CEO hopes to make insurance competitors sweat by drawing in new customers through low-risk policies
Westpac stays competitive for its two year fixed mortgage rate, but increases for other fixed terms lessen that advantage unless you look at four and five year fixed rates
21st May 26, 4:15pm
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Westpac stays competitive for its two year fixed mortgage rate, but increases for other fixed terms lessen that advantage unless you look at four and five year fixed rates
[updated]
Consumer NZ says no bank reached threshold for its People’s Choice Award for first time in a decade
20th May 26, 9:59am
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Consumer NZ says no bank reached threshold for its People’s Choice Award for first time in a decade
New survey details how mortgage brokers rank banks and non-banks, and what they want from them
19th May 26, 5:00am
3
New survey details how mortgage brokers rank banks and non-banks, and what they want from them
After softer than expected April SPI figures, Westpac NZ economist says full impact of oil price rises yet to be felt through supply chain and a 'sharp rise' in inflation is still on the cards for the middle part of 2026
15th May 26, 4:26pm
3
After softer than expected April SPI figures, Westpac NZ economist says full impact of oil price rises yet to be felt through supply chain and a 'sharp rise' in inflation is still on the cards for the middle part of 2026
Westpac NZ says higher living costs due to Middle East conflict to reduce spending and disposable income, weaken housing market
13th May 26, 5:00am
8
Westpac NZ says higher living costs due to Middle East conflict to reduce spending and disposable income, weaken housing market
Big four Aussie owned banks' combined half-year dividends fall despite three increasing their own dividends
11th May 26, 9:29am
Big four Aussie owned banks' combined half-year dividends fall despite three increasing their own dividends
BNZ moves some key fixed rates up, closing the gap to its main rivals. In the background, all the pressure's on benchmark rates, both locally and internationally, are up
5th May 26, 8:56am
1
BNZ moves some key fixed rates up, closing the gap to its main rivals. In the background, all the pressure's on benchmark rates, both locally and internationally, are up
Improvements likely to show up in labour market data for March quarter, economists say, but it will be old news reflecting economic conditions before Middle East conflict began
3rd May 26, 6:00am
12
Improvements likely to show up in labour market data for March quarter, economists say, but it will be old news reflecting economic conditions before Middle East conflict began
ASB increases home loan rates as wholesale interest rate rises bite, also raises term deposit rates but for few terms savers prefer
29th Apr 26, 8:12am
6
ASB increases home loan rates as wholesale interest rate rises bite, also raises term deposit rates but for few terms savers prefer
Rising inflation pressure underpins rising wholesale interest rates and then retail mortgage rate offers. That opens up opportunities to grab a lower fixed rate while they are temporarily available
28th Apr 26, 10:55am
1
Rising inflation pressure underpins rising wholesale interest rates and then retail mortgage rate offers. That opens up opportunities to grab a lower fixed rate while they are temporarily available
Whilst it may monitor banks' OCR pass through data, the FMA acknowledges banks have no legal obligation to pass on changes as most appear to pad floating mortgage rate margins
25th Apr 26, 9:05am
Whilst it may monitor banks' OCR pass through data, the FMA acknowledges banks have no legal obligation to pass on changes as most appear to pad floating mortgage rate margins
BNZ is the next to raise fixed home loan rates, but theirs are notable because they undercut the recent ANZ, Westpac and Kiwibank hiking levels
23rd Apr 26, 8:17am
1
BNZ is the next to raise fixed home loan rates, but theirs are notable because they undercut the recent ANZ, Westpac and Kiwibank hiking levels