Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Family Budgeting Thankful For $50,000 Donation

19 December 2005

Federation Of Family Budgeting Thankful For $50,000 Donation

The New Zealand Federation of Family Budgeting Services thanked Westpac New Zealand for its $50,000 donation today.

“The Federation is very thankful to Westpac for its generosity,” says Raewyn Fox, the Federation’s Chief Executive Officer. “We are very reliant on community support with over 35% of our funding coming from corporate and community donations.”

“The money will be used to support a new initiative to increase our Service’s capacity to collect information.”

“The aim of the project is to find out why some people suffer from debt crises and, more importantly, what can be done to prevent it,” she says.

“The findings will be shared with the relevant government agencies, banks and other lending agencies. We all need to work together to ensure New Zealanders use of credit is more sustainable.”

June McCabe, Westpac’s Director, Corporate Affairs says, “I am very proud of Westpac’s commitment to supporting our communities and helping to make financial advice more accessible. This is just one small way we can make a contribution at this time of year, which we recognise can be difficult for some people”.

This is the second year Westpac has decided to donate its Christmas buying fund to the budgeting service. Last year it donated $30,000.

The Federation of Family Budgeting Services help New Zealand families to better manage their money and meet their financial obligations through free, one-on-one support and community education.

It plays a very important role for families struggling with their finances at this time of the year and has service providers in most towns and cities around the country.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Stats NZ: Largest Drop In Terms Of Trade In A Decade As Dairy Export Prices Sour

Lower export prices for dairy, meat, and logs in the September 2020 quarter led to the biggest drop in terms of trade since June 2009, Stats NZ said today. Export prices fell in the September 2020 quarter, down 8.3 percent from its highest ever ... More>>


Stats NZ: Election Boosts October Job Numbers

Job numbers were boosted by general election staff in October 2020, along with rises in the manufacturing, retail, and hospitality industries, Stats NZ said today. Filled jobs rose by 27,667 to 2.2 million in October 2020 compared with September, after ... More>>

Government: New Year Border Exception For Seasonal Workers In The Horticulture And Wine Industries

2000 additional RSE workers to enter New Zealand early next year employers must pay these workers at least $22.10 an hour employers will cover costs of managed isolation for the RSE workers RSE workers will be paid the equivalent of 30 hours work a week ... More>>


Media: Discovery, Inc. Completes Acquisition Of New Zealand’s Mediaworks TV Ltd

Auckland, New Zealand, December 1, 2020 - Discovery, Inc. (“Discovery”), the global leader in real-life entertainment, has completed its acquisition of New Zealand’s leading independent free-to-air commercial broadcaster, MediaWorks TV Ltd, now operating ... More>>

Department Of Conservation: Big Year Underway At Albatross Colony

Familiar faces are returning for the new season of Royal Cam, with a big breeding year underway for the toroa/northern royal albatross colony on Otago’s windswept Pukekura/Taiaroa Head. More than 120 albatrosses, a taonga species, have returned ... More>>

Real Estate: ASB Survey Reveals Majority Of Kiwis Expect House Prices To Keep Climbing


House price expectations are soaring as New Zealand’s housing market shifts up a gear. But stretched affordability is putting a dent in perceptions of whether it’s a good time to buy. While Kiwis reveal they do expect interest rates to fall further. ... More>>

Stats NZ: Births And Deaths: Year Ended September 2020

Births and deaths releases provide statistics on the number of births and deaths registered in New Zealand, and selected fertility and mortality rates. Key facts For the year ended September 2020: 57,753 live births and 32,670 deaths ... More>>