Westpac

Electronic cards data for October shows that apart from rises in fuel and consumables spending, seasonally adjusted retail spending was on a downward path again

Electronic cards data for October shows that apart from rises in fuel and consumables spending, seasonally adjusted retail spending was on a downward path again

Westpac NZ borrows NZ$1 billion at just under 3.9% per annum

Westpac NZ borrows NZ$1 billion at just under 3.9% per annum

RBNZ survey shows expectations of the future level of inflation have barely changed and remain 'anchored' near 2% despite the rise in actual annual inflation to 3%

RBNZ survey shows expectations of the future level of inflation have barely changed and remain 'anchored' near 2% despite the rise in actual annual inflation to 3%

Westpac NZ CEO Catherine McGrath 'ever hopeful' capital requirements will reduce, reflects on customers' 'really prudent behaviour'

Westpac NZ CEO Catherine McGrath 'ever hopeful' capital requirements will reduce, reflects on customers' 'really prudent behaviour'

Here are the key changes to know about in the New Zealand equity market; Kathmandu, Mainfreight, Vulcan Steel and Kiwi Property Group advance, while F&P Healthcare, Port of Tauranga, Freightways and Skellerup are declining

Here are the key changes to know about in the New Zealand equity market; Kathmandu, Mainfreight, Vulcan Steel and Kiwi Property Group advance, while F&P Healthcare, Port of Tauranga, Freightways and Skellerup are declining

Not much cheer for savers as 2025 heads towards its end, with term deposit rates being lowered by some, and soft everywhere

Not much cheer for savers as 2025 heads towards its end, with term deposit rates being lowered by some, and soft everywhere

Westpac New Zealand annual profit falls as expenses rise. Net interest margin increases 15 basis points

Westpac New Zealand annual profit falls as expenses rise. Net interest margin increases 15 basis points

In granular analysis, we show the rate offer moves lower for savers have been faster than for borrowers. But the size of the shift might surprise you, with at least 3 interesting out-takes from this analysis

In granular analysis, we show the rate offer moves lower for savers have been faster than for borrowers. But the size of the shift might surprise you, with at least 3 interesting out-takes from this analysis

Latest ANZ Business Outlook Survey shows the highest level of business confidence since early in the year

Latest ANZ Business Outlook Survey shows the highest level of business confidence since early in the year

Westpac economists have come to the conclusion the massive 0.9% June GDP slump was an anomaly due to a series of events stemming back to the closure of New Zealand's only oil refinery and they say the 'real' result was more like a 0.1% drop

Westpac economists have come to the conclusion the massive 0.9% June GDP slump was an anomaly due to a series of events stemming back to the closure of New Zealand's only oil refinery and they say the 'real' result was more like a 0.1% drop

Bank that started the current rate-cutting round in mid-September is back at it again, this time with a one year rate lower than all the main banks

Bank that started the current rate-cutting round in mid-September is back at it again, this time with a one year rate lower than all the main banks

Technology overhaul, margins and noise in focus in big bank reporting season

Technology overhaul, margins and noise in focus in big bank reporting season

The Red Bank comes back for more, making sure it has two market leading fixed rate terms. It also cuts term deposit rates. The Co-operative Bank cuts both as well

The Red Bank comes back for more, making sure it has two market leading fixed rate terms. It also cuts term deposit rates. The Co-operative Bank cuts both as well

Kiwibank cuts its fixed home loan rates, the last of the majors to move lower in this rate cycle. It now has the lowest fixed six month rate, but me-too for other fixed terms

Kiwibank cuts its fixed home loan rates, the last of the majors to move lower in this rate cycle. It now has the lowest fixed six month rate, but me-too for other fixed terms

Following Tuesday's term deposit rate cuts, BNZ moves to match its main rivals' lowest home loan rate offers for all fixed terms

Following Tuesday's term deposit rate cuts, BNZ moves to match its main rivals' lowest home loan rate offers for all fixed terms