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.
![MortgageorRental 1](/assets/Rednews/MortgageorRental-1__FillMaxWzM4MCwyNDdd.jpg)
Pay off the mortgage or buy a rental?
While debt repayment is safe, a rental could be seriously profitable. What should you do?
![How Much Retire Banner](/assets/Rednews/How-Much-Retire-Banner__FillMaxWzM4MCwyNDdd.jpg)
How much do I need to retire in comfort?
Whether satisfied with simple life or want luxuries, on your own or a couple, here’s the maths.
![Pin point Banner v3](/assets/Rednews/Pin-point-Banner-v4__FillMaxWzM4MCwyNDdd.jpg)
Hidden gems: What are NZ’s underrated suburbs?
Real estate agents from around the country reveal the best kept secrets in their regions.
![Sprucing house Banner v2](/assets/Rednews/Sprucing-house-Banner-v2__FillMaxWzM4MCwyNDdd.jpg)
10 ways to add value to your home for under $500
Preparing to sell? These tips can help freshen up your property on a small budget.
![Holiday Home](/assets/Rednews/Holiday-Home-v3__FillMaxWzM4MCwyNDdd.jpg)
Is a holiday home a good investment?
A family holiday home is part of the Kiwi dream, but is it a smart financial move to buy one?
![What you can buy for 60](/assets/Rednews/What-you-can-buy-for-60__FillMaxWzM4MCwyNDdd.jpg)
What does your $60,000 deposit buy?
$60,000 was decent equity several years ago. What can it get you around the country today?
![Inside and out renovation banner resized](/assets/Rednews/Inside-and-out-renovation-banner-resized__FillMaxWzM4MCwyNDdd.jpg)
Bang for your buck: should you renovate inside or outside first?
On a budget and wondering were to spend your hard earned cash renovating the inside or out?
Spring City 2022 - Competition Terms and Conditions
Click here to read the full terms and conditions for the Spring City Competition
![Property Values](/assets/Rednews/Property-Values__FillMaxWzM4MCwyNDdd.jpg)
Property values: understanding the different types
A property investor explains why not all types of valuations are created equal.
![Dementia friendly bank](/assets/Rednews/Dementia-friendly-bank__FillMaxWzM4MCwyNDdd.jpg)
New Zealand’s first dementia-friendly bank
Westpac has partnered with Alzheimers Auckland to support the 50,000 Kiwis living with dementia.
![Major Reno](/assets/Rednews/Major-Reno__FillMaxWzM4MCwyNDdd.jpg)
Major renovations: which will add the most value?
When making home improvements, how you can be sure it will add value without overcapitalising?
![Green House](/assets/Rednews/Green-House__FillMaxWzM4MCwyNDdd.jpg)
How to save $1,000 a year on your power bill
7 tips to quickly and cheaply reduce your home's energy consumption.