Westpac’s profit jumps 13%, as it fattens its margins; CEO says average borrower is ahead on their mortgage repayments
The value of term deposits held by the bank fell by 2%, while transaction and savings deposits rose…
New Zealand’s best mortgage lenders of 2025 revealed
Westpac NZ earned high praise for its flexible credit policy, redraw options, and responsive BDM team, while ANZ…
Stream for free: What I learned after a week of not paying for my content
Could all the free streaming options New Zealand had to offer be a suitable replacement? Streaming is slowly…
Meet the WFH mum who NEVER could have expected the scale of her landmark win over Westpac – as her family issue a humble message about work while she does the school drop off AND hits her KPIs
Longtime Westpac employee Karlene Chandler won a landmark case against the bank over her right to work from…
Westpac trims mortgage rates amid competition from rivals
“This is the third time this month we’ve cut our two-year advertised special home loan rate. “We’re working…
Economy shows early signs of lifting, Westpac survey of households, businesses shows
The report also found that conditions were still looking better in the far south, with a mixed picture…
ANZ, ASB and Westpac react to OCR cut: Floating, flexible loan rates down after Reserve Bank decision
ASB has also trimmed interest rates for customers, with executive general manager personal banking Adam Boyd saying there…
ASB, Westpac cut fixed mortgage rate to 4.49%, latest banks to drop after ANZ, BNZ ahead of OCR
The move sees the bank’s fixed one-year rate drop by 26 basis points (bps). Westpac’s fixed six-month rate…
Westpac cuts home loan rates as mortgage competition intensifies
General manager of product, sustainability and marketing Sarah Heran said it would mean the one-year special rate had…
Westpac slashing 200 jobs in major blow for everyday banking customers: ‘Callous and short-sighted’
Westpac boss Anthony Miller has embarked on a massive restructuring plan at the bank, with hundreds of people…
House prices to lift 5.4% in 2026 as ‘comatose’ market awakens – Westpac chief economist
Eckhold said Westpac was forecasting small, positive increases in house prices over the final three months of 2025…