'A simple step that will stamp out bank scams’ gets a step closer. Maybe
'This should have happened years ago,' Consumer CEO Jon Duffy says.
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Latest fromWestpac
Client pursued by Westpac after lawyer stole loan money to pay off debts
Colin Chu wanted to buy an investment property. He lost the house and now owes $1.3m debt.
Scam victim horrified nine others lost $800k after he reported $1m fraud to banks, police
The victim sent 20 separate money transfers of $50k each over just eight days.
'Hell of a shock': Westpac fixes issue after accounts show zero
Customers had issues with eftpos cards and bank balances.
Major bank lowers some fixed housing rates, term deposits
Bank says it will contact home loan customers who might be facing financial difficulty.
Waikato Westpac Rescue Helicopter 2023 review
The Coromandel Peninsula area had the most rescue helicopter missions in 2023.
Two stricken fishermen plucked from rocks in dramatic helicopter rescue at Port Waikato
The two men were winched aboard Auckland's Westpac Rescue Helicopter this afternoon.
$1.2 million property borrower sues Westpac over threatened mortgagee sale
The case cited information from a bank whistleblower, said to show internal discussions.
How housing market could react to new Reserve Bank moves
Consultation on new mortgage lending restrictions ends on March 12.
Holiday spend hangover: Westpac warns of financial distress
A major bank is warning consumers to budget this year.
December spending on a “sharper decline than expected”
Electronic card spending fell at the end of last year which might be bad news for retail.
Diver hospitalised after being ‘pummelled’ by waves at Port Waikato
The diver was airlifted to hospital in a serious condition.
'Glacial response': Consumer watchdog slams NZ banks after update on fight against scammers
Work is 'progressing' to introduce a co-ordinated Anti Scam Centre to protect customers.
Consumer confidence at highest level in nearly two years
Bank says more households expected the economy to strengthen over the coming year.
Retail spending up in November but retail outlook remains ‘cautious’
Stats NZ data showed card spending was up across all categories last month.
A Christmas phishing trip? Banks warn of scams
Some juicy term deposit offers are fake, NZ bank warns.
OCR announcement: Will the Reserve Bank change its interest rate plans?
With a last hike for the year looking unlikely, what does the bank expect for 2024?
Mortgage relief? Westpac first major bank to start cutting rates again
Westpac is cutting a range of its longer-term home loan rates.
Scamfest as retailers hope Black Friday and Cyber Monday pay off
Two big events made in the US, and one made in China, aim to ignite retail fortunes.
'We know there is more pain to come': Westpac NZ prepares customers for the rocky road ahead
Westpac posts a respectable profit but prepares customers for tougher economic times.
House prices set to rise 8 per cent next year - report
High population growth is 'adding to demand', says Westpac's chief economist.
NZ 'winning the war on inflation', no more rate hikes needed, Kiwibank says
Economists are reassessing their interest rate outlooks after inflation data surprised.
Solution in reach after Westpac, The Warehouse strikes
Union confident talks made progress after strikes at bank, retailer.
Waikato gets new $18 million rescue helicopter
New rescue helicopter will be in action this month for the Waikato region.
More jobs, better pay, so why isn’t the economy really humming?
Beset with niggles about inflation and recession, the economy is slowing.
Mood of the Boardroom: Why NZ needs crossparty agreement on infrastructure
NZ needs to look holistically at challenges.
The sledgehammer needed to smash unemployment and inflation
A lagging pain from the sting of central bank hikes could start to set in.
Sharesies users get new instant pay wallet refill option with two big banks
Bigger wallet top-ups cheaper with open banking than using credit card, Apple or Google.
Consumer confidence plummets further
The big concern for New Zealand households is the pressure on their finances.
NZ no longer in recession, GDP result exceeds expectations
Strong exports, IT services, manufacturing helped drive growth in second quarter.
Are we out of recession? Economists make their picks
After two quarters of contraction, has the economy rebounded - and can it last?
'Far too late': Victims sick of 'false promises' as banks announce changes to fight scams
"Unfortunately, this comes far too late as my family’s lives have already been destroyed."
'Absolute negligence': Financial expert lashes Kiwi banks, alleges systemic security failures
It’s absolute negligence on the banks’ behalf and it’s an embarrassment internationally.'