Latest fromWestpac Banking Corporation
Inflation fall puts October rate cut on the cards - ASB
As the inflation rate drops close to the target range, calls for early cuts are growing.
Liam Dann: Are we winning the inflation battle? Verdict due this week with CPI data out
Consumer Price Index data should confirm whether November rate cut hopes are on the mark.
Consumer confidence at highest level in nearly two years
Bank says more households expected the economy to strengthen over the coming year.
Retail spending up in November but retail outlook remains ‘cautious’
Stats NZ data showed card spending was up across all categories last month.
OCR announcement: Will the Reserve Bank change its interest rate plans?
With a last hike for the year looking unlikely, what does the bank expect for 2024?
Mortgage relief? Westpac first major bank to start cutting rates again
Westpac is cutting a range of its longer-term home loan rates.
Westpac NZ annual profit drops 7pc, says it is well-positioned
The bank reported a net profit of $963 million for September year.
NZ 'winning the war on inflation', no more rate hikes needed, Kiwibank says
Economists are reassessing their interest rate outlooks after inflation data surprised.
Solution in reach after Westpac, The Warehouse strikes
Union confident talks made progress after strikes at bank, retailer.
Consumer confidence plummets further
The big concern for New Zealand households is the pressure on their finances.
NZ no longer in recession, GDP result exceeds expectations
Strong exports, IT services, manufacturing helped drive growth in second quarter.
Are we out of recession? Economists make their picks
After two quarters of contraction, has the economy rebounded - and can it last?
Nation of Debt: Kiwis putting more on the plastic to cope with the cost of living
How the economic slowdown is stretching household budgets.
Westpac, several smaller banks lift home loan rates - again
More banks have announced changes to their home loan rates.
‘Worst two hours of my life': Russell Brown conned by bank scammers
'I wouldn't wish how I felt this evening on my worst enemy.'
Banks’ preparations for tough times could dampen profits
KPMG sees banks continuing to make provisions for higher bad debts.
Scam concerns intrude on big bank probe announcement
The nasty and costly scams have prompted a warning and some advice from ministers.
Lower inflation on food prices ‘a long way away’, economists say
Annual food price inflation is still close to 30-year highs.
Retail spending slump signals looming economic downturn
Card spending fell for the first time since February.
Retail sales down, signs of 'stark' year for Kiwi households
Some sectors sacrificed as surging cost of living forces tough choices.
Westpac NZ’s boss sees risks of hard landing for NZ economy
Westpac chief executive Catherine McGrath says more customers are feeling the pinch.
Data shows official inflation rates underestimates Kiwis' true pain
Who is feeling inflation the most and why.
Westpac customers hit again: Store 'turning people away'
The Australian-owned bank has apologised for the second time in a week.
$400k gone: The 'sickening gut punch' when you learn you've been scammed
They thought they'd invested $400,000 at Westpac. Weeks later they learned it was a scam.
Challenging year ahead, says Westpac NZ CEO Catherine McGrath
Westpac NZ CEO says high cost of living and high interest rates will keep pressure on.
Bank profits: Can Govt stop big four from making so much money?
Should banks be raking in record profits during a cost of living crisis?