Finance

Explore the latest finance news by BusinessDesk's team of reporters around New Zealand.
Westpac NZ wary of further stresses
Finance

Westpac NZ wary of further stresses

Westpac seems more circumspect about the coming year than its rivals. 

Paul McBeth 09 May 2023
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Ann Sherry: Cyber hackers are better organised than we are
Finance

Ann Sherry: Cyber hackers are better organised than we are

Westpac NZ's ex-CEO says cyber security woes “keep me awake at night”. 

Ella Somers 09 May 2023
Westpac NZ profit knocked by mounting impairment charges
Finance

Westpac NZ profit knocked by mounting impairment charges

Customers are switching to term deposits. 

Paul McBeth 08 May 2023
Tower cuts profit guidance by $10m on back of large events
Finance

Tower cuts profit guidance by $10m on back of large events

The cost estimate for the Auckland and Upper North Island floods is up by $100 million.

Staff reporters 08 May 2023