-
Source: Reuters -
Related
One of the big banks has delivered on a promise to help people struggling because of the recession.
Westpac has released details of its temporary assistance plans. The scheme applies to retail, agriculture and business customers.
The bank says it will consider giving people longer to pay their mortgages, postponing loans or providing interest-only options.
Westpac's Craig Dowling says the bank has to respond when people find it difficult to manage their finances.
He says New Zealand is a fair way down the recession path, but the country should expect even more job losses.
Advertisement
