Westpac NZ
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
20th Oct 25, 2:19pm
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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
2nd Oct 25, 2:12pm
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
26th Sep 25, 10:08am
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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
25th Sep 25, 10:06am
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
18th Sep 25, 12:57pm
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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
21st Jul 25, 11:05am
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Annual inflation rises to 2.7% in June as local authority rates and payments, actual rentals for housing and electricity escalate
Consumer prices rose 2.2% in 2024 as high interest rates slowed economic activity and falling import costs eased inflation pressures in New Zealand
22nd Jan 25, 10:52am
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Consumer prices rose 2.2% in 2024 as high interest rates slowed economic activity and falling import costs eased inflation pressures in New Zealand
Analysts cite Westpac NZ's pre-provision operating profit growth as key standout in big bank reporting season
19th Nov 24, 9:10am
Analysts cite Westpac NZ's pre-provision operating profit growth as key standout in big bank reporting season
Reserve Bank’s early rate cut ends three years of tightening, signalling a major policy shift amid worsening economic conditions
15th Aug 24, 7:41am
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Reserve Bank’s early rate cut ends three years of tightening, signalling a major policy shift amid worsening economic conditions
Traders and economists are losing hope that interest rate cuts could occur in the first half of 2024 after discouraging data updates
9th Feb 24, 12:33pm
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Traders and economists are losing hope that interest rate cuts could occur in the first half of 2024 after discouraging data updates
Coalition agreement could result in deeper spending cuts, marginally higher interest rates, and more pine trees planted on farmland
24th Nov 23, 6:22pm
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Coalition agreement could result in deeper spending cuts, marginally higher interest rates, and more pine trees planted on farmland
Finance Minister Grant Robertson said the money saved would help to offset the growing deficits due to weak tax revenue
28th Aug 23, 4:02pm
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Finance Minister Grant Robertson said the money saved would help to offset the growing deficits due to weak tax revenue
Westpac New Zealand's non-performing loans rise in the June quarter
Reserve Bank Assistant Governor Karen Silk says the Official Cash Rate is working despite sticky core inflation and record high employment
21st Aug 23, 9:41am
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Reserve Bank Assistant Governor Karen Silk says the Official Cash Rate is working despite sticky core inflation and record high employment
NZ's big banks may be 'fat, dumb and happy with an apathetic, stable customer base.' But what does that mean for competition?
29th Mar 23, 3:44pm
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NZ's big banks may be 'fat, dumb and happy with an apathetic, stable customer base.' But what does that mean for competition?