Westpac has been fined $3.25 million for misleading representations related to advertised discounts, which resulted in overcharging 24,621 customers by a total of $6.35 million. The bank admitted its conduct in December after civil proceedings were initiated by the Financial Markets Authority (FMA). A spokesperson for Westpac stated that the bank fully cooperated with the FMA’s investigation.
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King’s Birthday Weekend Weather: 130km/h winds and large swells hit NZ
A strong west to southwest flow will bring 130km/h winds and 6m waves this weekend. Warnings are in place for severe gales and large swells, particularly affecting the South Island, with MetService highlighting risks along western coastlines. For those planning beach getaways, these conditions will result in substantial southwest swells throughout the weekend. However, Monday is expected to be calmer, providing the best conditions for outdoor activities. Full Article
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