NewsBite

Westpac Banking Corporation

ASX Announcements

Update - Notification of buy-back - WBC

Daily Share Buy-Back Notice

  • Jan 13, 2025
  • 6 pages

Update - Notification of buy-back - WBC

Daily Share Buy-Back Notice

  • Jan 10, 2025
  • 6 pages

Appendix 3Y - Andy Maguire

Change of Director’s Interest Notice

  • Jan 2, 2025
  • 2 pages

Dividend/Distribution - WBCPM

Dividend Record Date, Dividend Pay Date, Dividend Rate

  • Dec 30, 2024
  • 5 pages

Dividend/Distribution - WBCPL

Dividend Record Date, Dividend Pay Date, Dividend Rate

  • Dec 30, 2024
  • 5 pages

View all WBC announcements

This Month

Australian Industry Group chief executive Innes Willox XXXXXXX

Australian bosses hooked on migrants, global survey shows

A global survey has found that rather than investing locally, Australian employers want migration to do the heavy lifting to fill skills shortages.

  • Michelle Bowes
From top: Seven Group’s Ryan Stokes, Woodside’s Meg O’Neill and Telstra’s Vicki Brady.

CEOs reveal how to fix the productivity problem

Business reckons it’s ready to invest to help bolster living standards for all Australians. It just needs some policy help.

  • Updated
  • James Thomson and Anthony Macdonald
Canstar data insights director Sally Tindall said mortgage competition would get another wind when the Reserve Bank started cutting interest rates

CBA tightens grip on mortgage crown while Westpac relents

‘Far more competitive’ CBA extends dominance of home lending market, adding almost $16 billion to its loan book in just five months.

  • Lucas Baird

December 2024

About 1 in every 10 loans is going to a first home buyer, Australia’s biggest banks have revealed.

What the average first home buyer looks like (according to the banks)

The country’s biggest lenders have offered a glimpse into their lending habits in the midst of a debate over whether to ease rules for younger borrowers.

  • Lucas Baird
A Westpac whistleblower claims she raised more than a dozen complaints internally about suspected fraud and criminal activity at mortgage broking subsidiary RAMS.

Troubled RAMS trips to $18.6m loss

Westpac had earlier in the year failed to find a buyer for the business, which is involved in two court cases alleging fraud.

  • Lucas Baird
Advertisement
xx

ASX falls 1pc; More Liberal chaos; Good, bad, ugly of corporate Oz

Read everything that’s happened in the news so far today.

The Minns government in NSW wants to speed up housing approvals.

‘Profit vaporised by time’: Westpac boss backs council reform to fix housing

Anthony Miller has thrown his weight behind the NSW government’s ambitious push to bypass local councils and reform planning laws.

  • Lucas Baird
Incoming Westpac CEO Anthony Miller has lunch with Lucas Baird at the Palace Hotel in Mortlake.

Suburban pub grub suits Westpac’s new CEO

Living in Sydney’s inner west makes Anthony Miller an outlier among big bank chiefs. The former investment banker is determined to make his firm stand out, too.

  • Updated
  • Lucas Baird
Anthony Miller started as chief executive of Westpac on Monday.

Westpac CFO retires, giving Miller chance to reshape leadership

Michael Rowland said he would leave next year, taking to three the number of senior positions to be filled by the bank’s new chief executive.

  • James Eyers and Lucas Baird
Westpac chairman Steven Gregg and  CEO Peter King at the bank’s 2023 AGM. This year’s meeting will be held in Sydney on Friday.

Calls grow for Westpac to reveal energy transition plan thinking

Australian Ethical and Market Forces have put forward a resolution for a second year seeking more detail on the bank’s assessment of borrowers’ transition plans.

  • James Eyers
The use of Visa and Mastercard debit cards to pay for government services has been illegally attracting merchant fees since the Howard government era.

Cut surcharges by divorcing debit and credit, Westpac tells RBA

Blended pricing structures charge retailers a flat fee no matter the card, and lead to debit card users subsidising benefits for credit card users.

  • Lucas Baird and James Eyers
People walking past a row of ATMs belonging to the four big banks.

Banks, insurers must do better on silent epidemic of financial abuse

There are the men who perpetrate financial abuse, but there are also the platforms which have for too long been unprepared to confront the damage they facilitate.

  • Deborah O'Neill
Macquarie’s Shemara Wikramanayake has topped the AFR’s CEO pay ranks for the fourth year running.

Australia’s 50 highest-paid CEOs in 2024 revealed

Macquarie Group’s Shemara Wikramanayake is Australia’s best-paid CEO for the fourth year in a row.

  • Patrick Durkin
AFR

NAB won’t lean on rates in fight for business lending crown

“You have to be competitive on price – that is the ticket to the game – but you don’t have to be the cheapest,” business banking boss Rachel Slade says.

  • Lucas Baird

November 2024

RBA governor Michele Bullock told attendees that inflation was still too high while speaking on Thursday night.

Economists abandon hopes of RBA cutting rates in February

Economists at AMP, ANZ and Bank of Queensland have joined a chorus of forecasters expecting rate cuts no sooner than May.

  • Alex Gluyas and Joshua Peach
Advertisement
Australia’s big banks exemplify the concentration of ownership by big investors such as super funds and index funds.

Frothy market’s two biggest winners make up for all the year’s losers

On a day when the ASX 200 hits another record high, it’s worth thinking about which stocks are driving it. Two have done this year’s heavy lifting.

  • Anthony Macdonald

Chalmers sells intervention as economic salve

The US may have a different culture, but its politics still provide a recent lesson in the electoral risks of rural voters feeling ignored by governments or left out of services.

  • Jennifer Hewett
Chief economist Luci Ellis, who was previously the RBA’s top forecaster, warned cuts could be even later than May if inflation did not decline in line with forecast.

Westpac warns rate cuts may be delayed beyond May

Chief economist Luci Ellis, who was previously the RBA’s top forecaster, warned cuts could be even later than May if inflation did not decline in line with forecasts.

  • Michael Read
Major banks have split on prudential policy settings.

Bankers split as Chalmers kicks off branch levy negotiations

Treasurer Jim Chalmers has kick-started face-to-face negotiations with bank CEOs about a potential new $350 million levy, but bankers are split over the proposal.

  • John Kehoe and Lucas Baird
QIC investment director Lottie Bryon, private equity partner Nick Guest and private equity analyst Eden Peterson.

QIC bets on Aussie climate tech companies, backs $200m VC

Queensland’s sovereign fund has joined Westpac and Clean Energy Finance Corporation in backing Virescent Ventures’ second climate-focused fund.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

Original URL: https://www.afr.com/company/wbc-1nw