Investments
Global share markets experienced another difficult month, as markets continued to digest a fast changing economic environment. With weaker than expected global activity in April.
Global equity markets had their most difficult month since March 2020 as the confluence of global central banks tightening monetary policy, economic growth momentum fading and a challenging corporate.
We saw ‘lift-off’ in March as the Federal Reserve (the Fed) raised the federal funds rate (the target rate that banks pay to borrow from each other on an overnight basis).
Scheme news
Voting for two new member-elected Trustee Directors closed on 12 April 2022 and we received just under 800 votes over the three weeks that voting was open.
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.
This recent market volatility is simply a reflection of the markets returning to a more normal monetary policy setting environment.
Financial planning
We're all searching for answers – especially when it comes to money.
Saving for a ‘rainy day’ is an idiom many of us will know; It is the savings principle of putting some money aside today for a future time of need.
Protect what’s important to you by planning ahead. Make sure your loved ones are taken care of, and your assets are distributed how you want, if something were to happen to you.