Student's $5m spree: Was it bank's fault?
Malaysian student who splurged nearly $5million in less than a year after mistakenly receiving an unlimited overdraft says she thought the money came from her parents.
Malaysian student who splurged nearly $5million in less than a year after mistakenly receiving an unlimited overdraft says she thought the money came from her parents.
About 80 per cent of residential subdivisions get some or all of their funding from one of the four main banks, one sector chief says.
Westpac aims to boost market share despite stressed proportion of agribusiness portfolio more than doubling.
New Zealand shares fell after Westpac Banking Corp posted earnings that missed estimates on increased impairments.
Westpac New Zealand boss David McLean says Auckland's heated property market will continue to surge ahead as long as a "supply and demand imbalance" exists.
Profits at Westpac Bank are up 3 per cent for the past half year.
Westpac in Australia is stopping lending to foreign buyers of property.
The kiwi dollar has dropped this morning after Fonterra cut its farmer payout for the second time this year.
Embattled dairy farmers were offered a glimmer of hope when world prices firmed for the first time this year.
Rise of 1.4 per cent ends a four-sale losing streak.
Bank to compensate more than 100,000 customers who were overcharged when withdrawing cash from ATMs in Australia.
Westpac is forecasting a Fonterra farmgate milk price of $4 this season and $4.60 in 2016/17.
Is Westpac's new ad featuring Richie McCaw less about caring for people and more about public image?
Mortgage rates for Kiwis could go up amid global concern about credit risk.
Some Westpac customers have been unable to use their Eftpos cards after an unscheduled outage in New Zealand this afternoon.
ANZ, Westpac, Kiwibank and BNZ have now cut mortgage rates after the Reserve Bank reduced the OCR to a record low of 2.5 per cent.
In an effort to lower carbon emissions in New Zealand, Westpac has publicly revealed the amount of lending committed to fossil fuel and environmentally friendly companies.
Successful Auckland businesses bring wealth, jobs and employment to our local communities. The Westpac Auckland Business Awards season for 2015 has seen outstanding businesses step up to the podium to stand in the spotlight.
Gail Kelly collected nearly $12.8 million for her final four months work as Australian chief executive of Westpac.
The A$30 billion combined annual cash profit reported by Australasia's big four banking giants is an eye-popping figure by anyone's measure.
Inflation is likely to undershoot the Reserve Bank's forecast in 2016 because of an unexpectedly strong kiwi dollar Westpac Banking Corp economists say.
Westpac New Zealand expects Auckland's heated housing market to cool following regulatory changes.
Journalist Nicky Hager has spoken of the "privacy breach" which saw police getting his personal banking information from Westpac without any legal order.
October 2015 may just be remembered as the month when the great Australian housing boom came to an end.