Latest from Westpac
NZ’s largest taxpayers revealed - does big business play fair?
Thirteen companies each pay more than $100m in annual income taxes.
Big Reserve Bank scheme to protect Kiwis' savings launching
Will scheme change the way people manage their money?
Final big bank drops home loan rates after OCR cut
Westpac announced changes to its six-month and one-year rates today.
Auckland businessman sacked from Beca, warned to expect jail sentence for role in $2m scam
The South African costings professional had been earning $200k a year plus bonuses.
Another major bank cuts mortgage and deposit rates in NZ
But it isn't matching other banks which are offering 4.89% over 18 months.
Tech Insider: Wellington man gets shock $16k bill after using a Google AI-ready tool
PLUS: Some good news for fintechs in the open banking war.
Critical Westpac rescue mission at Musick Point
At around 3:50pm this afternoon, Auckland Westpac Rescue Helicopter was tasked to assist a patient who had fallen of some rocks at Musick Point, Bucklands Beach. Video / ARHT
Finders keepers? Woman who received $158k in transfer error charged with theft
The woman could face up to seven years in prison if convicted.
Three rescued after boat capsizes off Raglan coast
Three men in moderate to minor conditions were extracted by winch. Video / Auckland Rescue Helicopter Trust
Regional revival as retail activity rises 0.8% across the March quarter
Almost all industries had their activity rise, although hardware did decline.
TSB blocks probe after staff help customer send $1m to scammers
'If they’ve got nothing to hide, why are they trying to evade the Ombudsman?'
Budget to reveal high watermark for $132b government debt
Economists expect Thursday's Budget to mark peak government debt levels.
‘Dagger through my heart’: JP linked to $1.8m scam unmasked after failed secrecy bid
Suren Sharma allegedly helped criminals steal $1.8m from 12 investment scam victims.
Kiwi startup lands TikTok as a client
Founder realises he has a blind spot - then corrects it.
UK bank accuses Westpac of ‘critical errors’ after customer sent $158k to wrong account
Westpac denies liability, blaming the customer for keying the wrong account details.
‘Rip-off’: App developer and Consumer say fees will stifle open banking
Government, banks respond.
NZ banks face repaying $9.2b in cheap Covid loans in coming months
The money was borrowed during Covid times at a very low interest rate.
Unemployment remains unchanged at 5.1%
The labour market remains subdued despite better-than-expected result.
Westpac CEO intervenes after pensioner loses $158k in bank transfer error
The money went to an Auckland woman who allegedly spent it on cars and transfers.
Market close: NZ sharemarket rebound continues
Composure is returning to markets after an unruly April.
Floating rate fad helps Westpac's profit grow 10%
Bank reports $525 million profit in six months.
Pensioner who lost $158k gets bank refund after woman's 'spending spree'
Andrew Che Sit Bong, 78, lost his savings due to a single-digit mistake.
Westpac fined $3.25m for misleading customers
Bank's 'systems were insufficient', says Judge.
Westpac apologises after online banking goes down, leaving customers frustrated
Some say the glitch has meant they can't pay their bills or transfer money for petrol.
Woman who received $158k in bank transfer error could face charge, jail time: expert
The money was allegedly used for cars and sent to a boyfriend and a relative.
Woman’s 'spree' after $158k banking error, refuses to return pensioner’s life savings
Andrew Che lost his retirement savings due to a one-digit bank transfer error.
Banks to reimburse fraud victims up to $500,000 under new rules
New tech will identify risky transactions and freeze suspect accounts.