Term investment rates.

Interest rates are subject to change without notice.

Sustainable Investment.

We believe investing sustainably is a powerful way to achieve results both on and off the balance sheet. We think about the impacts, risks, and opportunities of our investments from an environmental social and governance (ESG) perspective. Our investment decisions are guided by our sustainability principles including positive outcomes, integration, stewardship, and exclusions. You can find out more about our Sustainable investment policy here.

All funds in the Westpac KiwiSaver Scheme, Westpac Active Series and Premium Investment Funds which are open to new investment(except for the cash funds which are the Westpac KiwiSaver Scheme Cash Fund and Westpac Premium Investment Fund Enhanced Cash Fund) have been certified by the Responsible Investment Association Australasia (RIAA) according to the strict operational and disclosure practices required under the Responsible Investment Certification Program. Visit responsiblereturns.com.nz for more information2.  You can find out more about how we invest sustainably here.

Things you should know.

*The Market Updates are provided by BT for general commentary and market colour. They are provided for information purposes only and have been prepared without taking into account the financial situation or goals of any person. Because of this, before acting, you should consider the appropriateness of the information, having regard to your particular financial situation or goals. You should contact a Westpac Financial Adviser if you would like further information or any financial advice regarding your particular financial situation.

Any views or opinions expressed in the Market Updates are not necessarily those of Westpac or any related companies of BT or Westpac. They are based on information current at the time from sources which BT believes to be reliable, but may involve material elements of subjective judgement and analysis.

No representation is made as to the accuracy or currency of the information contained in the Market Updates and none of BT, Westpac or their related companies accepts any liability for any loss or damage related to the use of any information contained in the Market Updates. Past performance is not a reliable indicator of future performance.

1This excludes the Westpac KiwiSaver Scheme CPP No 5 Fund and Westpac Active Series Income Strategies Trust which are closed to new investment.

2The Responsible Investment Certification Program does not constitute financial product advice. Neither the Certification Symbol nor RIAA recommends to any person that any financial product is a suitable investment or that returns are guaranteed. Appropriate professional advice should be sought prior to making an investment decision. RIAA does not hold a Financial Advice Provider licence.

BT Funds Management (NZ) Limited is the scheme provider and Westpac New Zealand Limited is a distributor of the Westpac KiwiSaver Scheme.

The information above is subject to changes to government policy and law, and changes to the Scheme from time to time.

Investments made in the Westpac KiwiSaver Scheme and the Westpac Active Series do not represent bank deposits or other liabilities of Westpac Banking Corporation ABN 33 007 457 141, Westpac New Zealand Limited or other members of the Westpac Group of companies. They are subject to investment and other risks, including possible delays in payment of withdrawal amounts in some circumstances, and loss of investment value, including principal invested.

None of BT Funds Management (NZ) Limited (as manager), any member of the Westpac Group of companies, The New Zealand Guardian Trust Company Limited (as supervisor), or any director or nominee of any of those entities, or any other person guarantees the Westpac KiwiSaver Scheme's and Westpac Active Series performance, returns or repayment of capital.

You can get a copy of the Westpac KiwiSaver Scheme Product Disclosure Statement here or the Westpac Active Series product disclosure statement here or by contacting any Westpac branch or call 0508 972 254 or from overseas +64 9 375 9978 (international toll charges apply).