Latest fromWestpac
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.
ASB: ‘If economic recoveries are cars – New Zealand is more Prius than Ferrari’
An ASB economist outlines the 'good, the bad and the ugly' of the recovery.
Watchdog launches probe after ANZ helped victim send $250k to scammers
ANZ refused liability saying there were no indications of fraud or 'red flags'.
‘Negligence to the eyeballs’: Westpac under fire in $2m laundering case
Carel Viljoen laundered nearly $2 million in an investment scam.
Employment confidence slumps to 2020 post-Covid lockdown lows
The good news is the unemployment rate is believed to be nearing its peak for this cycle.
‘I make some money out of it’: Interview with a $2m money launderer
A scam victim who lost $1m says: “I’ve failed as a husband to protect my wife".
‘Anxious as s***’: Businessman guilty of money laundering linked to $2m scam
The victims thought they were investing in high interest bonds but lost nearly $1m each.
Construction sector likely to pick up, but not immediately
The construction sector had a tough end to 2024, so when might things improve?
‘I’ve lost so much’: ANZ under fire for blocking $1m fraud investigation
Consumer NZ says the victim is powerless and something needs to change.
More mortgage rates tumble after OCR cut
Another major bank has cut its fixed-term rates.
Editorial: Alarming numbers of young Kiwis leaving – will they ever come home?
OPINION: Latest migration stats show concerning brain drain trends.
Nadine Higgins: How switching banks could benefit you
OPINION: The case for breaking banking loyalty and saving money.
Listen: ‘Appalling on all levels’ – Experts slam ANZ for failing to prevent $250k scam
The victim says ANZ's failures directly contributed to her loss.
ASB drops some mortgage rates
Big bank says competition on interest rates is fierce.
Property Insider: Fixing Ryman’s sinking Edmund Hillary hub; Britomart revitalisation turning 20
Site was rubbish dump, says boss of Mainmark, drilling through floor slabs up to 4m down.
Market close: Manawa Energy shares sink on merger uncertainty
Trading was solid on the NZ sharemarket the day after the Waitangi public holiday.
‘Huge relief’: Kiwi scam victims get some of their life savings back
The victims claimed Westpac failed in its duty of care by not conducting proper checks.
'Totally dropped the ball': ANZ staff helped scam victim send $250k to known 'money mule'
The victim is shocked to learn the bank was on notice about the suspect account.
Big-ticket items a no-go as consumer confidence falls
More Kiwis now think it's a bad time to buy a major household item in bad news for retail.
'It's not going to work, mate': Seymour wants bank capital rules reversed
The Associate Finance Minister has revived a years-long debate about banking regulation.
Westpac cleared after tellers help elderly widow withdraw $300,000 cash before death
It’s alleged that staff once gave $23,000 stuffed into an envelope to the woman.
Aerial footage of tornado’s destruction through Mangawhai as the clean up begins
An Auckland rescue helicopter was tasked to Mangawhai to assist a male patient following a tornado on January 26, 2025. Credit: Westpac Auckland Rescue Helicopter
‘He scammed me too’: CEO denies laundering $1.53m, says he was also duped
'I stand to be incarcerated. Who will look after my boys?'
Mortgage wars: Another major bank cuts home loan rates as competition heats up
Kiwis can now get 5.99% six-month rates from three major banks.
Major bank cuts key home loan rate
One of New Zealand's major banks has moved early to cut home loan rates.
Employment confidence rises despite looming 5% unemployment rate forecast
Job market may have stabilised despite concerns over jitters.