Westpac New Zealand made a cash profit of $635 million for the six months to March 31 - up 9 per cent on its 2021 first half largely driven from the gain on the sale of its life insurance business.Excluding notable items its cash... Read...
Westpac has forecast house prices will drop by 15 per cent in the next two years.It is now taking a far more bearish stand than it had previously and is gloomier than other economists forecast of a 10 per cent price drop.Michael... Read...
In his quarterly forecast released last week, Westpac economist Satish Ranchhod said the quarterly inflation figure was set to be `another monster`.While the eventual number came in below the expected 7 per cent figure, Ranchhod`s... Read...
A paraglider is in a serious condition and had to be airlifted to hospital in a rescue chopper after a crash in Huntly yesterday afternoon. An Auckland Westpac Rescue Helicopter spokesperson said a crew was called in to help the... Read...
Rising prices and Omicron concerns have pushed consumer confidence to its lowest level since the 2008 Global Financial Crisis. The Westpac McDermott Miller Consumer Confidence Index fell 7 points in March to a level of 92.1. An... Read...
Westpac Group today announced the appointment of Yianna Papanikolaou to the newly created position of Chief Transformation Officer. Ms Papanikolaou will sit on the Group’s Executive Team and report to CEO, Peter King Read...
`I like challenging myself and seeing what I can do,` says Auckland swimmer Caitlin O`Reilly.The 17-year-old certainly set herself a mighty challenge when she decided to swim 80km, across Lake Taupō and back.She is just the... Read...
Two men have been pulled from the ocean after their boat sank off the Coromandel coast.The Westpac Rescue Helicopter 3 was alerted around 10.30am Wednesday after a distress beacon had been set off near Shoe Island off Tairua. Air... Read...
RUGBY All Blacks playmaker Beauden Barrett has made his return to rugby on New Zealand shores, suiting up for Coastal in the Taranaki Premier club rugby competition yesterday More...
BUSINESS A belief the over management of Auckland trains needs to stop, as disruptions continue More...
