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.
![Commercial](/assets/Rednews/Images/Commercial__FillMaxWzM4MCwyNDdd.jpg)
Pros and cons of investing in commercial property
We spoke to a specialist who has sold commercial property in Auckland for over 40 years.
![cash](/assets/Rednews/cash__FillMaxWzM4MCwyNDdd.jpg)
Coin use is down but are Kiwis storing large cash notes?
One and two-dollar-coins are declining but circulation of big notes continues to rise.
![Kitten](/assets/Rednews/Kitten__FillMaxWzM4MCwyNDdd.jpg)
Pet insurance: the most cost-effective cats and dogs
The average cost of owning a dog is currently estimated to be around $1,686 per year.
![CV girl](/assets/Rednews/CV-girl__FillMaxWzM4MCwyNDdd.jpg)
Tips from an expert to make your CV standout
"It should be streamlined, classy, understated and easy to read," says a professional resume writer.
![Euros payment](/assets/Rednews/Euros-payment-v2__FillMaxWzM4MCwyNDdd.jpg)
Cash, credit or travel card? Tips for spending abroad
The variables come down to changing exchange rates, foreign transaction fees and security.
![Baby](/assets/Rednews/Images/Baby__FillMaxWzM4MCwyNDdd.jpg)
How to be baby-savvy: 10 ways to save money with a new-born
The new addition of a baby to your family can cost anywhere from $8,000 to $16,000 per year.
![Solar Panels](/assets/Rednews/Solar-Panels-v3__FillMaxWzM4MCwyNDdd.jpg)
Solar panel prices hit five year low, so are they now worth the investment?
Kiwis spent the Level 4 lockdown binge-ing on Netflix, hiring movies online and pining for fast food, Westpac transactional data suggests.
![TDMModular v2](/assets/Rednews/TDMModular-v2__FillMaxWzM4MCwyNDdd.jpg)
Westpac offers prefab choices in New Zealand-first scheme
Westpac the first bank to launch dedicated mortgage product helping Kiwis into prefabricated homes.
![Felipebanner](/assets/Rednews/Felipebanner-v2__FillMaxWzM4MCwyNDdd.jpg)
Westpac NZ accredited as Living Wage employer
Westpac NZ has become the first bank in New Zealand to be accredited as a Living Wage Employer.
![Carpark](/assets/Rednews/Carpark__FillMaxWzM4MCwyNDdd.jpg)
Are carparks a good investment?
An almost passive investment and values have increased significantly over the past five years.
![XmasMoney](/assets/Rednews/XmasMoney__FillMaxWzM4MCwyNDdd.jpg)
Tips for financially surviving Christmas
Dr Pushpa Wood from the Massey Fin-Ed Centre on minimising overspending during the festive season.
![Crosslease](/assets/Rednews/Crosslease-v2__FillMaxWzM4MCwyNDdd.jpg)
Cross-leases: The pros and cons
If you are thinking of buying a cross-leased property, it pays to know what exactly that means.