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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.
OPINION: Look to sales numbers for housing market recovery
The latest heavyweight to forecast that the housing market has probably reached the bottom of the current price cycle is the Reserve Bank.
All you need to know about EV chargers
Thinking of buying an EV? One of the things you need to consider is how you’re going to charge it.
EVs – What can you get for under 65k?
From just a couple of options five years ago to over 65 models now – the range of electric vehicles on the market has risen massively.
How to negotiate when buying a car
What’s the best way to negotiate a great price on a car? We asked AA New Zealand Technical Advisor for his top tips.
OPINION: From home to asset - Strategies for success in the Spring housing market
For many New Zealanders, the family home is more than just a short-term asset; it represents a long-term investment, a place to put down roots, maybe start a family, and…
How much does it cost to build a granny flat?
Building a secondary dwelling or ‘granny flat’ can be a surprisingly versatile way to maximise the use of your land.
OPINION: Why a recession could be a good thing for the housing market
With the news that New Zealand has slipped into recession, after the second consecutive quarter of negative growth, we have to consider: is this just a technical recession or should…
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…