Westpac

22nd May 19, 12:50pm
Bank economists say the global dairy prices and outlook are pointing to a farmgate milk price in excess of $7 per kilogram of milk solids in the new season
Bank economists say the global dairy prices and outlook are pointing to a farmgate milk price in excess of $7 per kilogram of milk solids in the new season
22nd May 19, 12:50pm
17th May 19, 9:57am
Macquarie analysts suggest BNZ's parent National Australia Bank and Westpac NZ's parent the Westpac Banking Corporation may be 'materially understating' their negative equity exposure
Macquarie analysts suggest BNZ's parent National Australia Bank and Westpac NZ's parent the Westpac Banking Corporation may be 'materially understating' their negative equity exposure
17th May 19, 9:57am
16th May 19, 10:00am
by Guest
Chapman Tripp's Mark Reese​​​​​​​ and Ross Pennington suggest the RBNZ's proposals to increase the big four banks' capital requirements would benefit from an arbiter
Chapman Tripp's Mark Reese​​​​​​​ and Ross Pennington suggest the RBNZ's proposals to increase the big four banks' capital requirements would benefit from an arbiter
16th May 19, 10:00am
15th May 19, 1:39pm
Rates continue to sink in the light of global uncertainties and in the wake of the Reserve Bank's Official Cash rate cut
Rates continue to sink in the light of global uncertainties and in the wake of the Reserve Bank's Official Cash rate cut
15th May 19, 1:39pm
13th May 19, 2:11pm
Banks have had to remove incentives linked to sales and are being told to ensure good outcomes for all customers. Here, ANZ, BNZ and Westpac's CEOs talk about how this is progressing
Banks have had to remove incentives linked to sales and are being told to ensure good outcomes for all customers. Here, ANZ, BNZ and Westpac's CEOs talk about how this is progressing
13th May 19, 2:11pm
[Updated]
11th May 19, 3:09pm
With headline mortgage rates from every bank for every fixed term now below 5% and most key rates below 4%, this is a very competitive home loan market. Cash incentives are also available as well
[Updated]
With headline mortgage rates from every bank for every fixed term now below 5% and most key rates below 4%, this is a very competitive home loan market. Cash incentives are also available as well
11th May 19, 3:09pm
11th May 19, 9:46am
Business lobby group BusinessNZ is dismissive of the RBNZ's bank capital proposals yet NZ owned banks argue they would bolster their competitive position vs their big Aussie owned rivals. So why the disconnect?
Business lobby group BusinessNZ is dismissive of the RBNZ's bank capital proposals yet NZ owned banks argue they would bolster their competitive position vs their big Aussie owned rivals. So why the disconnect?
11th May 19, 9:46am
11th May 19, 9:16am
Westpac economists expect Reserve Bank to keep OCR on hold until 2022 and low mortgage rates to push up house prices
Westpac economists expect Reserve Bank to keep OCR on hold until 2022 and low mortgage rates to push up house prices
11th May 19, 9:16am
10th May 19, 9:22am
The RBNZ is forecasting that house price growth will pick up again - and this week's Official Cash Rate cut would seem likely to provide a further boost
The RBNZ is forecasting that house price growth will pick up again - and this week's Official Cash Rate cut would seem likely to provide a further boost
10th May 19, 9:22am
[Updated]
9th May 19, 12:03pm
Banks are trimming interest rates for savings accounts and term deposits. We update the latest changes
[Updated]
Banks are trimming interest rates for savings accounts and term deposits. We update the latest changes
9th May 19, 12:03pm
9th May 19, 10:43am
ANZ NZ CEO David Hisco suggests he won't be personally rushing to embrace open banking as Minister Kris Faafoi awaits 'concrete plans' from banks on how they will provide access to third-parties
ANZ NZ CEO David Hisco suggests he won't be personally rushing to embrace open banking as Minister Kris Faafoi awaits 'concrete plans' from banks on how they will provide access to third-parties
9th May 19, 10:43am
9th May 19, 7:58am
RBNZ Governor Adrian Orr doesn't believe he'll get less bang for his buck cutting interest rates, the lower they go; Bank economists beg to differ
RBNZ Governor Adrian Orr doesn't believe he'll get less bang for his buck cutting interest rates, the lower they go; Bank economists beg to differ
9th May 19, 7:58am
[Updated]
8th May 19, 2:04pm
RBNZ cuts official interest rates for the first time since November 2016; ANZ and Kiwibank immediately cut rates
[Updated]
RBNZ cuts official interest rates for the first time since November 2016; ANZ and Kiwibank immediately cut rates
8th May 19, 2:04pm
7th May 19, 4:50pm
Gareth Vaughan delves into the big banks' interim financial results noting three are on track for annual profit of more than $1 bln, whilst ANZ could crack $2 bln
Gareth Vaughan delves into the big banks' interim financial results noting three are on track for annual profit of more than $1 bln, whilst ANZ could crack $2 bln
7th May 19, 4:50pm
7th May 19, 10:00am
Westpac NZ CEO David McLean says NZ banks should hold higher regulatory capital than Australian banks, but it shouldn't be as high as the RBNZ is proposing
Westpac NZ CEO David McLean says NZ banks should hold higher regulatory capital than Australian banks, but it shouldn't be as high as the RBNZ is proposing
7th May 19, 10:00am
[Updated]
6th May 19, 10:13am
Westpac NZ half-year profit rises 15% to record high boosted by sale of Paymark stake, solid income growth and drop in bad debts
[Updated]
Westpac NZ half-year profit rises 15% to record high boosted by sale of Paymark stake, solid income growth and drop in bad debts
6th May 19, 10:13am
4th May 19, 9:31am
In a slowing housing market, banks chase carded home loan rate offers lower. Weighted average offers at challenger banks are lower than for the main banks
In a slowing housing market, banks chase carded home loan rate offers lower. Weighted average offers at challenger banks are lower than for the main banks
4th May 19, 9:31am
3rd May 19, 10:05am
As if the first Official Cash Rate decision to be made by the new Monetary Policy Committee wasn't intriguing enough, there's also a fair chance we may see the first rate cut since 2016
As if the first Official Cash Rate decision to be made by the new Monetary Policy Committee wasn't intriguing enough, there's also a fair chance we may see the first rate cut since 2016
3rd May 19, 10:05am
3rd May 19, 10:02am
BNZ matches two key rivals with sharp four and five year fixed home loan rates, but doesn't go as far down as Kiwibank. ANZ's equivalent offers remain uncompetitive
BNZ matches two key rivals with sharp four and five year fixed home loan rates, but doesn't go as far down as Kiwibank. ANZ's equivalent offers remain uncompetitive
3rd May 19, 10:02am
30th Apr 19, 5:00am
Gareth Vaughan argues the RBNZ's proposals to increase bank capital requirements could be good for both NZ banking competition and NZ taxpayers
Gareth Vaughan argues the RBNZ's proposals to increase bank capital requirements could be good for both NZ banking competition and NZ taxpayers
30th Apr 19, 5:00am

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