sign up log in
Want to go ad-free? Find out how, here.

Westpac NZ

Inflation projected to soften slightly and temporarily in September quarter, economists say, with big concerns raised for the future due to rising fuel prices, weak currency adding to inflation pressures
1
Inflation projected to soften slightly and temporarily in September quarter, economists say, with big concerns raised for the future due to rising fuel prices, weak currency adding to inflation pressures
Westpac NZ says open banking usage is 'surging', as it launches an open banking tool with NZ fintech Akahu to fast-track personal loan applications
Westpac NZ says open banking usage is 'surging', as it launches an open banking tool with NZ fintech Akahu to fast-track personal loan applications
Westpac NZ economists see inflation heading towards a three-year 'all gas, no brakes' high by the end of 2026 and have also downgraded house price projections
20
Westpac NZ economists see inflation heading towards a three-year 'all gas, no brakes' high by the end of 2026 and have also downgraded house price projections
As Treasury prepares to publish the Pre-election Economic and Fiscal Update, bank economists aren’t expecting any big surprises in the Government’s finances and forecasts
1
As Treasury prepares to publish the Pre-election Economic and Fiscal Update, bank economists aren’t expecting any big surprises in the Government’s finances and forecasts
Bank economists split on October rate hike as RBNZ’s dovish shift signals a potential cash rate pause before the November 7 election
1
Bank economists split on October rate hike as RBNZ’s dovish shift signals a potential cash rate pause before the November 7 election
[updated]
Statistics NZ’s retail trade survey finds squeezed household budgets caused a 0.5% drop in seasonally adjusted retail sales volumes in the June quarter, the first quarterly fall since December 2024
8
Statistics NZ’s retail trade survey finds squeezed household budgets caused a 0.5% drop in seasonally adjusted retail sales volumes in the June quarter, the first quarterly fall since December 2024
Don't expect the March quarter to show much price pressure, economists say as some suggest annual inflation will soften slightly before it accelerates in the June quarter
27
Don't expect the March quarter to show much price pressure, economists say as some suggest annual inflation will soften slightly before it accelerates in the June quarter
[updated]
‘Our new laser-focussed-on-inflation RBNZ Governor will not be amused’: Economists say OCR hike in 2026 ‘likelier than not’ following latest annual inflation figures
17
‘Our new laser-focussed-on-inflation RBNZ Governor will not be amused’: Economists say OCR hike in 2026 ‘likelier than not’ following latest annual inflation figures
'Do we really think we are currently growing at the same pace as China and three times that of Australia?': BNZ's head of research says latest GDP result delivered 'more noise than signal', encourages scepticism
8
'Do we really think we are currently growing at the same pace as China and three times that of Australia?': BNZ's head of research says latest GDP result delivered 'more noise than signal', encourages scepticism
Economists say the September quarter annual inflation figure likely marks the peak and they still expect the Reserve Bank to cut the Official Cash Rate again next month
5
Economists say the September quarter annual inflation figure likely marks the peak and they still expect the Reserve Bank to cut the Official Cash Rate again next month
Tower replacing IAG NZ as Westpac NZ’s general insurance partner ‘strategically important’ in the long-term, Forsyth Barr analysts say
Tower replacing IAG NZ as Westpac NZ’s general insurance partner ‘strategically important’ in the long-term, Forsyth Barr analysts say
Westpac NZ ends insurance partnership with IAG NZ as bank switches to Tower Insurance which will become its underwriter for general insurance products
1
Westpac NZ ends insurance partnership with IAG NZ as bank switches to Tower Insurance which will become its underwriter for general insurance products
Insurers would be forced to cover specific customers which could push up prices and make it harder to offer insurance if ‘Woke Banking’ Bill goes ahead, Insurance Council of New Zealand says
Insurers would be forced to cover specific customers which could push up prices and make it harder to offer insurance if ‘Woke Banking’ Bill goes ahead, Insurance Council of New Zealand says
Both Westpac and Kiwibank economists have quickly called for the Reserve Bank to cut the Official Cash Rate by 50 points next month in reaction to the 0.9% drop in GDP; ASB joins in on the call too
26
Both Westpac and Kiwibank economists have quickly called for the Reserve Bank to cut the Official Cash Rate by 50 points next month in reaction to the 0.9% drop in GDP; ASB joins in on the call too
Annual inflation rises to 2.7% in June as local authority rates and payments, actual rentals for housing and electricity escalate
25
Annual inflation rises to 2.7% in June as local authority rates and payments, actual rentals for housing and electricity escalate