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Westpac New Zealand

Outlook for NZ banking system stable, says Moody's

Outlook for NZ banking system stable, says Moody's
Wellington, Sept 21 NZPA - Moody's Investors Service says the outlook for the New Zealand banking system is stable, reflecting the country's steady recovery from a mild recession and improved GDP growth.

Kiwi starts week pushing up through US73c

Kiwi starts week pushing up through US73c
Wellington, Sept 13 NZPA - The New Zealand dollar pushed up through US73c in what was expected to be a quiet start to the week ahead of Thursday's Reserve Bank of New Zealand (RBNZ) monetary policy statement.

$15 'line in sand' on credit card late payment fees

$15 'line in sand' on credit card late payment fees
Wellington, May 21 NZPA - The Commerce Commission has warned credit card companies against charging late payment penalty fees of more than $15.

Banks Settle With IRD -- $2.2b Present For Taxpayer

Banks Settle With IRD -- $2.2b Present For Taxpayer
Wellington, Dec 23 NZPA - Four major banks tonight settled long-running disputes with the Inland Revenue Department (IRD), and will pay 80 percent of the amount in dispute, more than $2.2 billion.

Banks Settle Long Running Tax Dispute -- Pay Taxpayer $2.2b

Wellington, Dec 23 NZPA - Four major banks tonight settled long-running disputes with the Inland Revenue Department (IRD), and will pay 80 percent of the amount in dispute, more than $2.2 billion.

Westpac Says Committed To NZ After Profits Halve

Westpac Says Committed To NZ After Profits Halve
Wellington, Nov 4 NZPA - Westpac is underlining its commitment to New Zealand after a "challenging and disappointing" year in which the bank's cash earnings halved to $236 million.

Credit Card Agreements To Save Retailers Millions: Regulator

Credit Card Agreements To Save Retailers Millions: Regulator
Wellington, Oct 5 NZPA - The Commerce Commission says agreements announced today with seven financial institutions could save retailers tens of millions of dollars.

Westpac NZ Cuts Floating And Six Month Fixed Mortgage Rate

Westpac NZ Cuts Floating And Six Month Fixed Mortgage Rate
Wellington, Sept 14 NZPA - Westpac New Zealand is cutting one of its variable home loan rates to 5.69 percent per annum and its six-month fixed rate to 5.29 percent. The 5.69 percent variable rate is offered on its Choices Everyday Home Loan product and was previously 6.49 percent.

Westpac NZ Collective Agreement Improves Job Security

Westpac NZ Collective Agreement Improves Job Security
Wellington, Aug 14 NZPA - Westpac New Zealand has agreed not to offshore work and to endeavour to preserve existing job numbers for a year in a settlement of a collective agreement with the finance workers union Finsec.

Moodys Sees Challenges For NZ Banks

Moodys Sees Challenges For NZ Banks
Wellington, Aug 13 NZPA - The New Zealand banking system is sound but its outlook continues to be negative, Moody's Investors Service said. The credit rating company was commenting on the release of its report is entitled Banking System Outlook: New Zealand.

Credit Card Comparison TablesCompare Credit Cards - Independent interest rate and fees comparisons for New Zealand banks.