Westpac Banking Launches Money Management Tool in Westpac One App
MT Newswires Live09:51
Westpac Banking (ASX:WBC, NZE:WBC) launched the Split tool within the Westpac One app in a bid to help customers manage their finances, allowing them to allocate incoming money into separate accounts that align with their spending and savings goals, the banking and financial services provider said in a statement on Monday.
Many household costs have risen faster than consumer price inflation of 38% since 2016, according to an analysis of indexed pricing data by Westpac NZ, with more New Zealanders feeling worse off than better off compared with 10 years ago, the statement said.
Westpac shares rose 1% in morning trade in Australia and New Zealand.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
