Westpac
[updated]
Electronic card spending rose in August for the first time in seven months, Statistics NZ says
12th Sep 24, 12:18pm
6
Electronic card spending rose in August for the first time in seven months, Statistics NZ says
Morgan Stanley banking analysts see a 'full agenda' for ANZ in 2025 and list five priorities for Westpac's new CEO
11th Sep 24, 11:37am
Morgan Stanley banking analysts see a 'full agenda' for ANZ in 2025 and list five priorities for Westpac's new CEO
[updated]
'Things are looking up, albeit from a pretty dark place for many firms', says ANZ; Finance Minister says the survey shows businesses 'are feeling a whole lot better about the future'
29th Aug 24, 1:36pm
78
'Things are looking up, albeit from a pretty dark place for many firms', says ANZ; Finance Minister says the survey shows businesses 'are feeling a whole lot better about the future'
Employment enters weakest period since the Global Financial Crisis with the number of filled jobs down 0.5% on the same time a year ago
28th Aug 24, 1:13pm
88
Employment enters weakest period since the Global Financial Crisis with the number of filled jobs down 0.5% on the same time a year ago
In a new episode of our Of Interest podcast, Westpac's Imre Speizer explains the importance of swap rates & why interest rates are heading lower
27th Aug 24, 5:00pm
8
In a new episode of our Of Interest podcast, Westpac's Imre Speizer explains the importance of swap rates & why interest rates are heading lower
Whilst the big bank bosses won't be quaking in their boots, the Commerce Commission's bank competition probe, and Nicola Willis' response, has put the issue very much on the political agenda
27th Aug 24, 5:00am
6
Whilst the big bank bosses won't be quaking in their boots, the Commerce Commission's bank competition probe, and Nicola Willis' response, has put the issue very much on the political agenda
On the Of Interest podcast Commerce Commission Chairman John Small discusses how the success of open banking can be measured, and why the growth process is what matters for a scaling up Kiwibank
21st Aug 24, 10:07am
4
On the Of Interest podcast Commerce Commission Chairman John Small discusses how the success of open banking can be measured, and why the growth process is what matters for a scaling up Kiwibank
[updated]
Nicola Willis & Andrew Bayly set sights on Kiwibank, open banking, the Reserve Bank & mortgage brokers in response to Commerce Commission competition study
20th Aug 24, 11:35am
85
Nicola Willis & Andrew Bayly set sights on Kiwibank, open banking, the Reserve Bank & mortgage brokers in response to Commerce Commission competition study
[updated]
Statistics NZ says food prices rose 0.6% in the year to July; annual rental growth of 4.3% is the slowest rate of growth since November 2023
15th Aug 24, 11:26am
37
Statistics NZ says food prices rose 0.6% in the year to July; annual rental growth of 4.3% is the slowest rate of growth since November 2023
Influential RBNZ survey gives an effective green light to interest rate reductions with expectations of inflation from one to 10-year's time all falling markedly and towards the RBNZ's goal
8th Aug 24, 3:18pm
77
Influential RBNZ survey gives an effective green light to interest rate reductions with expectations of inflation from one to 10-year's time all falling markedly and towards the RBNZ's goal
Westpac economists think the Reserve Bank will cut the Official Cash Rate in both October and November and they think GDP contracted 0.6% in the June quarter and the jobless rate will exceed 5.5%
5th Aug 24, 9:54am
47
Westpac economists think the Reserve Bank will cut the Official Cash Rate in both October and November and they think GDP contracted 0.6% in the June quarter and the jobless rate will exceed 5.5%
Labour market figures out in the coming week are universally expected to show higher numbers of people out of work, but David Hargreaves says it would need surprisingly high numbers to get the Reserve Bank to cut interest rates as soon as this month
4th Aug 24, 6:00am
150
Labour market figures out in the coming week are universally expected to show higher numbers of people out of work, but David Hargreaves says it would need surprisingly high numbers to get the Reserve Bank to cut interest rates as soon as this month
[updated]
First Union calls for government to 'do whatever's necessary' to stop big banks offshoring & outsourcing jobs, fearing there's more of it to come
30th Jul 24, 12:17pm
72
First Union calls for government to 'do whatever's necessary' to stop big banks offshoring & outsourcing jobs, fearing there's more of it to come
Westpac economists say latest Stats NZ data shows jobs market in New Zealand is 'now clearly softening'
29th Jul 24, 1:25pm
9
Westpac economists say latest Stats NZ data shows jobs market in New Zealand is 'now clearly softening'
The RBNZ hasn't reduced interest rates with domestic inflation this high in the past 20 years and is likely to delay until November, according to UBS analysis
24th Jul 24, 3:48pm
15
The RBNZ hasn't reduced interest rates with domestic inflation this high in the past 20 years and is likely to delay until November, according to UBS analysis
[updated]
Banks typically charge low equity fees for borrowers with deposits below 20%. Are these reapplied if equity rises above 20% and then drops back below 20%?
24th Jul 24, 5:00am
29
Banks typically charge low equity fees for borrowers with deposits below 20%. Are these reapplied if equity rises above 20% and then drops back below 20%?
The drop in the annual inflation rate to 3.3% sees economists adopt a near-consensus view that the Reserve Bank will begin interest rate cuts in November. But an earlier start is seen as possible
18th Jul 24, 5:00am
30
The drop in the annual inflation rate to 3.3% sees economists adopt a near-consensus view that the Reserve Bank will begin interest rate cuts in November. But an earlier start is seen as possible
[updated]
Card spending falls for the fifth time in June as households face ongoing financial strain
12th Jul 24, 12:03pm
83
Card spending falls for the fifth time in June as households face ongoing financial strain
ANZ and Westpac are two New Zealand banks that get to know their customers better with behavioural biometrics to stop scams
11th Jul 24, 10:32am
2
ANZ and Westpac are two New Zealand banks that get to know their customers better with behavioural biometrics to stop scams
Economists are eyeing earlier interest rate cuts after ‘dire’ business survey shows inflation has been ‘beaten’
2nd Jul 24, 1:49pm
79
Economists are eyeing earlier interest rate cuts after ‘dire’ business survey shows inflation has been ‘beaten’
ANZ economists are optimistic the Reserve Bank will be in a position to cut the Official Cash Rate 'considerably earlier' than August next year as the RBNZ currently expects
27th Jun 24, 1:28pm
26
ANZ economists are optimistic the Reserve Bank will be in a position to cut the Official Cash Rate 'considerably earlier' than August next year as the RBNZ currently expects
Westpac says housing market momentum has slowed decidedly since the middle of last year, slashes 2024 house price growth forecast
26th Jun 24, 8:30am
145
Westpac says housing market momentum has slowed decidedly since the middle of last year, slashes 2024 house price growth forecast
Westpac McDermott Miller Employment Confidence Survey shows a marked fall in the latest three months
25th Jun 24, 10:23am
31
Westpac McDermott Miller Employment Confidence Survey shows a marked fall in the latest three months
Economy flatlines for sixth quarter as sharp construction slowdown is partly offset by record kiwifruit harvest
20th Jun 24, 10:51am
99
Economy flatlines for sixth quarter as sharp construction slowdown is partly offset by record kiwifruit harvest
It's a line ball call whether GDP figures out in the coming week will reveal the country still to be in recession or not. But whatever the outcome, economists don't see a particularly rosy path for the economy in the immediate future
16th Jun 24, 6:30am
85
It's a line ball call whether GDP figures out in the coming week will reveal the country still to be in recession or not. But whatever the outcome, economists don't see a particularly rosy path for the economy in the immediate future
