Investments
Recent developments in the Middle East have increased uncertainty in global markets. While the situation is still evolving, financial markets have so far remained orderly.
The NZ dollar hit a three-year low against the Australian dollar in September – this was challenging for consumers but positive for exporters.
US President Trump’s tariff announcements drove the market narrative for the quarter ending March 2025. Fears of slowing growth,
Scheme news
The voting period for the member-elected Trustee Director position closed on Tuesday, December 9, 2025, with a total of 481 votes cast over the three-week voting period.
Over the holiday period, Mercer (the Scheme’s Administration Manager) will be closed from Monday 22 December 2025, and will reopen on Monday 5 January 2026.
A feature of the Westpac New Zealand Staff Superannuation Scheme (Scheme) is your ability as an active member to have a say in how it is managed.
Financial planning
Compound interest is an important concept in the financial world. In simple words, it means that you earn interest on your principal amount as well as on the interest earned from the principal amount.
What are your retirement goals? The concept of retirement means different things to different people.
Retirement savings are important for the future as it is always good to have a pool of funds in case of an uncalled-for event like a health condition or expenses related to your house or car.