Westpac

9th Jul 20, 3:03pm
Westpac matches ANZ and Bank of China with a one year 2.55% one year fixed 'special', a market-leading rate. Westpac also cuts almost all its term deposit rates
Westpac matches ANZ and Bank of China with a one year 2.55% one year fixed 'special', a market-leading rate. Westpac also cuts almost all its term deposit rates
9th Jul 20, 3:03pm
26th Jun 20, 11:51am
Big banks starting to unwind COVID-19 inspired free contactless debit transactions for small business customers
Big banks starting to unwind COVID-19 inspired free contactless debit transactions for small business customers
26th Jun 20, 11:51am
23rd Jun 20, 3:15pm
More banks are still making small home loan rate cuts but none are market-leading as rate offers coalesce around a very tight range
More banks are still making small home loan rate cuts but none are market-leading as rate offers coalesce around a very tight range
23rd Jun 20, 3:15pm
23rd Jun 20, 9:52am
Macquarie research suggests NZ's major banks have more capacity than their Aussie parents to protect margins if interest rates go negative, by cutting term deposit rates
Macquarie research suggests NZ's major banks have more capacity than their Aussie parents to protect margins if interest rates go negative, by cutting term deposit rates
23rd Jun 20, 9:52am
19th Jun 20, 1:26pm
Start date for four regional banking hub pilots pushed back until 'social activity is as close to normal as possible'
Start date for four regional banking hub pilots pushed back until 'social activity is as close to normal as possible'
19th Jun 20, 1:26pm
19th Jun 20, 9:59am
ASB cuts most home loan rates again, and matches them with even sharper term deposit rate cuts
ASB cuts most home loan rates again, and matches them with even sharper term deposit rate cuts
19th Jun 20, 9:59am
18th Jun 20, 2:16pm
ANZ, ASB, BNZ and Westpac's advertised floating, or variable, borrowing rates unmoved so far since Kiwibank's 100 basis points rate cut
ANZ, ASB, BNZ and Westpac's advertised floating, or variable, borrowing rates unmoved so far since Kiwibank's 100 basis points rate cut
18th Jun 20, 2:16pm
17th Jun 20, 11:01am
NZ's current account deficit narrowed to $1.6 bln in the March quarter, while the annual deficit of $8.5 bln, at 2.7% of GDP, was in line with economists' forecasts
NZ's current account deficit narrowed to $1.6 bln in the March quarter, while the annual deficit of $8.5 bln, at 2.7% of GDP, was in line with economists' forecasts
17th Jun 20, 11:01am
16th Jun 20, 3:28pm
Analysts from Morgan Stanley take a look at the big four Australasian banks' commercial real estate exposure against the backdrop of economic downturn
Analysts from Morgan Stanley take a look at the big four Australasian banks' commercial real estate exposure against the backdrop of economic downturn
16th Jun 20, 3:28pm
15th Jun 20, 11:11am
GDP figures out this week for the March quarter will show a fall in economic activity - but this will just be a taste of what is to come in the June quarter
GDP figures out this week for the March quarter will show a fall in economic activity - but this will just be a taste of what is to come in the June quarter
15th Jun 20, 11:11am
11th Jun 20, 11:51am
Statistics New Zealand says on a seasonally adjusted basis retail spending leapt 79% in May as businesses reopened after the April lockdown
Statistics New Zealand says on a seasonally adjusted basis retail spending leapt 79% in May as businesses reopened after the April lockdown
11th Jun 20, 11:51am
8th Jun 20, 3:04pm
Economists are welcoming the country's faster than expected move to normality after the lockdown but warn that bad news is still ahead regarding unemployment
Economists are welcoming the country's faster than expected move to normality after the lockdown but warn that bad news is still ahead regarding unemployment
8th Jun 20, 3:04pm
3rd Jun 20, 5:06am
New Zealand home loan borrowers are now getting fixed rates at bigger discounts to Aussies even as rates fall everywhere. They are falling faster here than across the ditch
New Zealand home loan borrowers are now getting fixed rates at bigger discounts to Aussies even as rates fall everywhere. They are falling faster here than across the ditch
3rd Jun 20, 5:06am
2nd Jun 20, 11:46am
Westpac economists say some recent data is tentatively suggesting that the economic situation may not be quite as severe as they had been predicting
Westpac economists say some recent data is tentatively suggesting that the economic situation may not be quite as severe as they had been predicting
2nd Jun 20, 11:46am
2nd Jun 20, 9:53am
Reserve Bank data shows just how significant the initial impact of the COVID-19 crisis has been on New Zealand banks, with smaller NZ owned banks hit hardest
Reserve Bank data shows just how significant the initial impact of the COVID-19 crisis has been on New Zealand banks, with smaller NZ owned banks hit hardest
2nd Jun 20, 9:53am
29th May 20, 2:30pm
Morgan Stanley analysts crunches some numbers to estimate where loan losses from mortgage deferrals might end up for the big four banks
Morgan Stanley analysts crunches some numbers to estimate where loan losses from mortgage deferrals might end up for the big four banks
29th May 20, 2:30pm
28th May 20, 5:14pm
The Red Bank has trimmed mortgage 'specials' across the board, with none of these sub 80% LVR rates over 3%. But their Standard rates aren't moving at this time
The Red Bank has trimmed mortgage 'specials' across the board, with none of these sub 80% LVR rates over 3%. But their Standard rates aren't moving at this time
28th May 20, 5:14pm
[Updated]
28th May 20, 11:50am
Statistics New Zealand says job numbers fell by 37,500 in April, the biggest volume and percentage fall since its 'filled jobs series' began in 1999
[Updated]
Statistics New Zealand says job numbers fell by 37,500 in April, the biggest volume and percentage fall since its 'filled jobs series' began in 1999
28th May 20, 11:50am
27th May 20, 10:59am
Westpac report says residential construction activity likely to fall 20% next year, commercial construction to be down 15%
Westpac report says residential construction activity likely to fall 20% next year, commercial construction to be down 15%
27th May 20, 10:59am
27th May 20, 10:51am
The Reserve Bank says in the lead-up to the level 4 lockdown some $800 mln of extra cash was pumped into circulation
The Reserve Bank says in the lead-up to the level 4 lockdown some $800 mln of extra cash was pumped into circulation
27th May 20, 10:51am

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