Westpac hikes longer-term fixed home loan rates, cuts six-month rate
The rates for four-year terms are also increasing for both special and standard rates by 0.1%, up to…
Post-holiday debt? Westpac launches special consolidation interest rate
“Over the past year we’ve seen an uptick in people applying for debt consolidation personal loans, as well…
Unemployment may have peaked at 5.3% – Westpac survey
“However, there was a slight improvement in the December quarter, consistent with our view that the unemployment rate…
Media Insider: John Campbell’s new Morning Report role – RNZ’s robust board discussions; Girls Uninterrupted podcast ends; Sky TV sport content facelift; Westpac agency moves
It is understood that some robust “feedback” was shared with management at the public broadcaster. Other directors are…
Consumer confidence lifts to highest level in 2025
“While we often see a lift in households’ spirits at this time of year, there is reason to…
Co-operative Bank hikes mortgage rates by massive 30 basis points
The bank’s standard two-year fixed rate will increase from 4.99% to 5.29%, while its three-year term moves from…
Reserve Bank Governor says there is no preset course for monetary policy after Westpac hikes interest rates
She declined the opportunity to explicitly talk the market up or down. Rather, she stressed a couple of…
Westpac lifts longer-term mortgage and term deposit rates by whopping 30 basis points
Indeed, Westpac said wholesale rate rises were behind its decision to lift its two-, three-, four- and five-year…
Westpac fined $3.64m for breaching lender responsibility rules
“The pecuniary penalty sends a strong message not only to Westpac but to the consumer credit industry that…
Scam stories: Five times we’ve been duped and defrauded
From fake footwear to fishy bank charges and strange ‘speakers’. It feels like spam, slop and scams are…
Westpac CEO pay over $4 million, nearly double last year’s earnings and 55 times average Kiwi wage
“It’s fair enough as well. It’s right that it’s transparent. So from my view, whilst I don’t like…
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…