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REDnews.
Welcome to REDnews, Westpac New Zealand's source for insights, opinions and helpful stories on topics such as property, business, personal finance and community initiatives.
Volunteer firefighter fights cancer
It was four years ago when a personal tragedy spurred Westpac’s own Carlene Tui to do her bit in the fight against leukaemia.
House prices "slow return to growth" - Economist
Latest real estate figures show New Zealand house prices have bottomed out and are beginning a slow return to growth, Westpac economists say.
NZ’s labour shortage: Things employers can do to ease the pressure
Businesses in New Zealand are optimistic about increasing activity in the coming year but they also see skill shortages on the rise (Hays Salary Guide, FY 22-23).
OPINION: House price recovery in sight – but disagreement over timing
Treasury (by way of statements made in the recent budget announcement) and the Reserve Bank (through its OCR statement) have reinforced the private sector’s view that the fall in house…
Sextortion: The damaging new scam targeting teenagers
Sextortion involves scammers reaching out and forming relationships with people on social media platforms like Snapchat, Discord or Wizz and later moving the conversation onto other platforms that display friends…
Te Waiu O Aotearoa Trust Scholarship 2023: Six Māori students achieve their tertiary education goals
Six Māori students have received a financial boost towards achieving their academic goals through Te Waiu O Aotearoa Trust’s 2023 tertiary study scholarships.
Buying and selling houses privately: What you need to know
Most house sales involve a real estate agent, but it is possible to buy or sell privately - if you’re prepared to do the work that the agent would usually…
OPINION: Housing economic forecasts are forecasts - not guarantees
The one thing the public is not shortchanged on is forecasts as to where residential house prices are heading.
What could you do with a $10,000 windfall?
A tax refund, a bonus, an inheritance – what are your best options when a surprise sum of money falls into your lap? The spending possibilities are almost infinite, but…
EVs or petrol cars – which is better value over their lifespan?
Battery electric vehicles (BEVs) cost more than internal combustion engine (ICE) cars - which can feel like a major stumbling block when you need to buy a new car.
Five ways to earn extra money for full-time workers
When you work a full-time job, it’s hard to find the time to build up a second income stream, let alone turn a side hustle into a thriving business.