Westpac CEO warns ‘there’s a chance of a recession’ as interest rates rise
The chief executive of Westpac has warned of the growing risk a recession could be on the horizon…
Westpac shares touching story after $1300 cash pouch is returned to Blenheim couple
“My partner was so upset yesterday, and your call completely changed our day. She’s contacted him, thanked him,…
Winter downturn: Economic recovery now ‘unlikely’ until 2027 – ASB
That would result in weaker GDP with annual growth forecasts for 2026 reduced by around 1.6 percentage points,…
Iran conflict fallout: Westpac tips GDP to shrink in June quarter
Eckhold warned of a “really large hit to confidence in the next few months, both for businesses and…
BNZ joins Westpac in lifting mortgage interest rates, 5-year term biggest jump
The changes are effective immediately, the bank said. BNZ has lifted its mortgage interest rates today. Photo /…
Economist wonders whether more people will need to work from home
Middle East crisis: Economist wonders whether more people will need to work from home ZB Choose a region…
Westpac lifts mortgage rates across one- to five-year home loans
Interest rates are going up because wholesale rates had “increased significantly in recent weeks”, a Westpac leader says.…
Media Insider: Westpac shakes up advertising agency model with new, bespoke company Goldilocks
As one agency source told Media Insider in 2023: “Everyone wants a bank. They spend so much, and…
New Zealand tests ‘houseless’ recovery as spending outpaces property prices
Muted house prices despite above‑trend GDP Westpac is not forecasting a housing boom from here. It is picking…
1 in 3 Kiwis have less than $500 in savings as people grapple with high costs – Westpac
1 in 3 Kiwis have less than $500 in savings as people grapple with high costs – Westpac…
1 in 3 Kiwis have less than $500 in savings as people grapple with high costs – Westpac
“Saving more money might feel unrealistic for many people right now … but taking some time to review…
Westpac economists tip strong economic growth as recovery accelerates
Business and consumer confidence had now lifted and jobs growth should follow, Eckhold said. Westpac is picking unemployment…