Business News

why Westpac could struggle to find the right buyer for its NZ subsidiary

Written by David Tripe, Associate Professor in School of Economics and Finance, specialising in Banking, Massey University

www.shutterstock.com

The recent announcement that Westpac is “reviewing” ownership of its New Zealand business caused some speculation the decision might be due to the bank’s lower profitability. But this would be unlikely grounds for a sale, and was more a consequence of COVID-19’s impact than anything.

In fact,...

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why Westpac could struggle to find the right buyer for its NZ subsidiary

I’m close to retirement age. What are my options for drawing on my super savings?

Banning card surcharges will make paying simpler – but not necessarily cheaper

Best AI Answering Services for Small Businesses in 2026 (Compared)

Why a second global shipping chokepoint could soon live up to its name as the ‘Gate of Tears’

The Fair Work Commission has abolished junior rates of pay for most over 18s. It’s a positive step

KiwiSaver payments have to rise – but earners shouldn’t be penalised if they can’t afford it

Traditions of Rural Bali at Villa Sabana

Essential Reasons to Opt for a Professional Valuation Before Selling Your Commercial Property

Sweden eschewed lockdowns. It's too early to be certain it was wrong

Farmers and services industry the winners under the revised Trans-Pacific Partnership trade deal

Frydenberg is wrong to support Ivanka and Donald Trump on the World Bank. It'd be better to let it die

Work-life Balance Key to Solving Construction Talent Shortage

How to Apply for More Jobs in Less Time Using AI Automation

Why Middle Australia Is Quietly Driving the Shift Away From Car Ownership

Launchd Acquires WeAreTENZING as ANZ Creator Economy Spend Nears $1 Billion

Time to punch above our weight and stop shadowboxing on AI

Colter Bay Capital Launches as Australia’s Newest Institutional Private Credit Fund

How Contiki is Redefining Travel for Young Adventurers

Navigating the Cosmetic Advertising Crackdown Before September Guidelines Hit

Defining Actionable AI for Australian IT Efficiency and Security