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

Westpac

'Perfect storm' could see dairy prices continuing at close to record levels for some time yet
16th Feb 22, 12:11pm
6
'Perfect storm' could see dairy prices continuing at close to record levels for some time yet
BNZ economists now see inflation hitting 6.6% in the first quarter of this year
14th Feb 22, 2:24pm
56
BNZ economists now see inflation hitting 6.6% in the first quarter of this year
Five-year Westpac NZ bonds to pay investors interest rate of 3.696% per annum
11th Feb 22, 12:56pm
3
Five-year Westpac NZ bonds to pay investors interest rate of 3.696% per annum
Kiwibank the latest to raise some key term deposit rate rates, following rivals, but it's Rabobank with most of the market-leading positions for savers
8th Feb 22, 10:30am
15
Kiwibank the latest to raise some key term deposit rate rates, following rivals, but it's Rabobank with most of the market-leading positions for savers
Gareth Vaughan on mortgages designed for bank shareholders not customers, Westpac's lost decade, the increasing size of home loans, Banksy & a NZ trust, the UK's lockdown partying PM
6th Feb 22, 6:00am
149
Gareth Vaughan on mortgages designed for bank shareholders not customers, Westpac's lost decade, the increasing size of home loans, Banksy & a NZ trust, the UK's lockdown partying PM
The flat-lining of the two year wholesale swap rate has allowed a few banks to trim a mortgage rate for a competitive advantage in the meantime. TSB is the latest
3rd Feb 22, 10:43am
27
The flat-lining of the two year wholesale swap rate has allowed a few banks to trim a mortgage rate for a competitive advantage in the meantime. TSB is the latest
Statistics NZ says unemployment at its lowest level since Household Labour Force Survey launched in 1986
2nd Feb 22, 11:44am
16
Statistics NZ says unemployment at its lowest level since Household Labour Force Survey launched in 1986
Westpac executive Karen Silk appointed Reserve Bank Assistant Governor; How different will the committee tasked with setting monetary policy look this year?
27th Jan 22, 4:36pm
37
Westpac executive Karen Silk appointed Reserve Bank Assistant Governor; How different will the committee tasked with setting monetary policy look this year?
Employment confidence rose further in December, driven by perceptions of current job opportunities. However, current and expected earnings growth remains subdued
20th Jan 22, 10:16am
by Guest
6
Employment confidence rose further in December, driven by perceptions of current job opportunities. However, current and expected earnings growth remains subdued
We track which banks had the lowest home loan carded rate offers through 2021 and saw how low rates juiced up a housing market where values now threaten to exceed five times our annual economic activity
3rd Jan 22, 12:08pm
67
We track which banks had the lowest home loan carded rate offers through 2021 and saw how low rates juiced up a housing market where values now threaten to exceed five times our annual economic activity
Despite recent interest rate rises, Kiwi home loan borrowers are still getting a good deal compared to those offered to Australians. We update our trans-Tasman comparison and find we are batting on even terms still
30th Dec 21, 11:53am
12
Despite recent interest rate rises, Kiwi home loan borrowers are still getting a good deal compared to those offered to Australians. We update our trans-Tasman comparison and find we are batting on even terms still
Westpac NZ continues board and executive refresh through the appointment of Tania O'Brien as CFO and Martin Gaskell as CTO
20th Dec 21, 1:59pm
3
Westpac NZ continues board and executive refresh through the appointment of Tania O'Brien as CFO and Martin Gaskell as CTO
ANZ economists are the last major bank to tip that house prices will drop - now picking a 4% decline next year
15th Dec 21, 9:01am
128
ANZ economists are the last major bank to tip that house prices will drop - now picking a 4% decline next year
Returning from the UK, new Westpac NZ CEO Catherine McGrath says lending processes have got more difficult here, whilst they've got easier in the UK
13th Dec 21, 10:58am
Returning from the UK, new Westpac NZ CEO Catherine McGrath says lending processes have got more difficult here, whilst they've got easier in the UK
This week's GDP figures expected to show a drop - but by nothing like the sort of drop economists earlier expected
13th Dec 21, 10:18am
14
This week's GDP figures expected to show a drop - but by nothing like the sort of drop economists earlier expected
Westpac economists are now forecasting a 'windfall' for farmers and pick the Kiwi dollar will get down as low as US66c next year
8th Dec 21, 2:06pm
26
Westpac economists are now forecasting a 'windfall' for farmers and pick the Kiwi dollar will get down as low as US66c next year
RBNZ runs double whammy of bank liquidity and solvency stress tests, says ​there's more work to do for banks to withstand a one-in-200 year event
8th Dec 21, 10:36am
13
RBNZ runs double whammy of bank liquidity and solvency stress tests, says ​there's more work to do for banks to withstand a one-in-200 year event
RBNZ and FMA to review governance across 32 financial service providers against a backdrop of growing concern about board governance and risk compliance
8th Dec 21, 9:20am
RBNZ and FMA to review governance across 32 financial service providers against a backdrop of growing concern about board governance and risk compliance
ASB trims its two year fixed home loan rate by 20 basis points to 4.15% as wholesale swap rates make a similar move down. And the CCCFA rules start to bite at loan demand
7th Dec 21, 9:12am
39
ASB trims its two year fixed home loan rate by 20 basis points to 4.15% as wholesale swap rates make a similar move down. And the CCCFA rules start to bite at loan demand
Reduced capital requirements for SME lending, Australasian banks lead way in housing exposure, Aussie bank shareholders can breathe easy, and as safe as houses?
2nd Dec 21, 10:42am
Reduced capital requirements for SME lending, Australasian banks lead way in housing exposure, Aussie bank shareholders can breathe easy, and as safe as houses?
In what it describes as an unprecedented move, the Australian Securities & Investments Commission is launching 6 court cases against Westpac simultaneously
30th Nov 21, 10:29am
9
In what it describes as an unprecedented move, the Australian Securities & Investments Commission is launching 6 court cases against Westpac simultaneously
BNZ and Kiwibank make market share gains in home loans in the third quarter, but it is BNZ that has built momentum over the past year
29th Nov 21, 2:05pm
6
BNZ and Kiwibank make market share gains in home loans in the third quarter, but it is BNZ that has built momentum over the past year
September quarter combined financial performance from the big 5 NZ banks comfortably outstrips September 2020 quarter on a range of measures
29th Nov 21, 12:06pm
September quarter combined financial performance from the big 5 NZ banks comfortably outstrips September 2020 quarter on a range of measures
Suddenly, the rise and rise of fixed mortgage rates looks less certain as financial markets recoil at Omicron. Maybe that opens up an opportunity for borrowers to seek discounts off the new higher carded rates
29th Nov 21, 9:33am
21
Suddenly, the rise and rise of fixed mortgage rates looks less certain as financial markets recoil at Omicron. Maybe that opens up an opportunity for borrowers to seek discounts off the new higher carded rates
Westpac NZ's independent non-executive directors 'were not able to engage with and provide robust challenges to the executive on risk topics'
26th Nov 21, 9:47am
3
Westpac NZ's independent non-executive directors 'were not able to engage with and provide robust challenges to the executive on risk topics'