Westpac NZ’s boss sees risks of hard landing for NZ economy
Westpac chief executive Catherine McGrath says more customers are feeling the pinch.
Westpac chief executive Catherine McGrath says more customers are feeling the pinch.
Who is feeling inflation the most and why.
The Australian-owned bank has apologised for the second time in a week.
They thought they'd invested $400,000 at Westpac. Weeks later they learned it was a scam.
Westpac NZ CEO says high cost of living and high interest rates will keep pressure on.
Should banks be raking in record profits during a cost of living crisis?
Some mortgage rates are now over 7 per cent.
Minister of Finance says any future support for business will be targeted.
"We are well and truly in an environment of slower growth," says ASB's Nathaniel Keall.
Two of Australia's largest employers are instructing their staff to work from home.
Inflation may have reached its peak, but the pain will linger.
The economy will rebound from the Omicron slump, but the real pain may still be to come.
New data from REINZ shows house prices sank further in May.
Economists say the first quarter was tough as Omicron kept people home.
RBNZ says it expects Westpac will build on its momentum to date.
New data shows retail had a slow start to year. It will only get tougher, economists say.
Harry Price was the bank's New Zealand chief executive from 1992 to 1999.
Hospitality is the sector still doing it toughest StatsNZ card transaction data shows.
Labour shortages have likely driven the strongest wage growth since 2009.
OPINION: It's easy, and the same goes for your KiwiSaver.
They thought they'd invested $400,000 at Westpac. Weeks later they learned it was a scam.
StatsNZ releases Consumer Price Index data for the March quarter this Thursday.
New REINZ data shows the housing market cooling faster than expected, economists say.
December's quarter was a record but challenges are on the horizon.
Omicron-related nervousness likely to remain a drag on spending for some time.
Many make spending changes, but expert says "people aren't panicking, they are adjusting".
Are we emerging from the grip of Covid straight into a full-blown economic meltdown?
No shortage of jobs but wages are struggling to keep up, employment survey finds.
The confidence of younger people has fallen sharply as living costs have started to bite.
The economy rebounded out of the Delta lock down but the data didn't beat expectations.