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Westpac Banking Corporation

ASX Announcements

Issue of Tier 2 Capital - Cleansing Notice

Issued Capital - Other, Disclosure Document

  • Feb 12, 2025
  • 23 pages

Appointment of Non-executive Directors to the Westpac Board

Director Appointment/Resignation

  • Feb 10, 2025
  • 2 pages

Notification of cessation of securities - WBC

Appendix 3H (Notification of cessation of securities)

  • Feb 6, 2025
  • 5 pages

Update - Notification of buy-back - WBC

Daily Share Buy-Back Notice

  • Feb 6, 2025
  • 6 pages

Update - Notification of buy-back - WBC

Daily Share Buy-Back Notice

  • Feb 5, 2025
  • 6 pages

View all WBC announcements

This Month

Australia Post will extend its banking services.

Banks strike Australia Post deal to bolster rural branches

Lenders will extend moratoriums on country branch closures and have agreed to lift funding for over-the-counter services provided at post offices.

  • Updated
  • James Eyers, John Kehoe and Tom McIlroy
CBA is cracking down on working coming in, then heading home to work.

CBA cracks down on ‘coffee badging’, Woolies joins WFH push

The big four bank tells staff they have to spend at least four hours in the office to count for a day’s work, while Woolies joins the back-to-the-office push.

  • Updated
  • Euan Black
Westpac’s Anthony Miller and Nell Hutton, CBA’s Andrew Hinchliff and ANZ’s Clare Morgan all have Goldman Sachs on their CVs.

Goldman Sachs alumni are taking over banking

From Westpac’s Anthony Miller to Commonwealth Bank’s Andrew Hinchliff, the Wall Street giant is well represented on Australian bank executives’ CVs.

  • James Eyers

Carlyle backs SA battery’s $200m financing deal

Carlyle’s investment comes as Amp Energy hits financial close on the project financing for Bungama’s first stage, which required $200 million of the battery’s total $350 million projected capex.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
A new front has opened up in the battle for mortgages: investors.

There’s a new mortgage war brewing

Competition is creeping up again in the mortgage market. But there’s a new battleground opening up as one bank puts the pedal to the metal.

  • James Thomson
Advertisement
Armaguard was excluded from a meeting at the RBA on Wednesday.

Major banks ready to carry Westpac’s Armaguard load

The banks and regulators met on Wednesday afternoon without the cash transit monopoly to work out how to replace Westpac’s unique cash distribution operation.

  • James Eyers
Monroe Capital will expand its platform from Chicago to Sydney.

US private debt house Monroe Capital to open Australia office

Monroe Capital will open a Sydney office and has tapped former Hines Investment Management’s capital markets director Galen Fu to develop its local business.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Westpac’s business banking is growing again.

Westpac to offer legal services as it vies for business bank customers

The big four bank has made a strategic $10 million investment in Lawpath, as it looks to maintain its recent market share gains.

  • James Eyers
Westpac looked to CBA to find Anthony Miller’s successor as head of business banking.

Westpac poaches from CBA for its new head of business banking

Paul Fowler, who has been leading business banking across regional Australia for the Commonwealth Bank, has defected to a big four rival.

  • James Eyers

January

Kath Van Der Merwe from Telstra, Michelle Williams from Lottery, christine Parker from Westpac, Jane Franks from ASX, Nicole Reid from Xero, Elisa Narone, from REA.

The workforce challenges keeping these HR bosses up at night

BOSS talks to six human resources executives about challenges they face in 2025. Rethinking diversity programs may not be one of them, but there are many others.

  • Sally Patten, Patrick Durkin and Euan Black
A railcar dumper at Rio Tinto’s Pilbara operations has been put out of action for a month after flooding by Cyclone Sean.

Rio Tinto warns of iron ore disruption from Pilbara cyclone

First quarter iron ore shipments will be lower after a WA cyclone dumps one month’s rain in 24 hours and floods port infrastructure.

  • Mark Wembridge
Banks had a surprisingly strong 2024 on the sharemarket. Can that continue?

Will bank stocks continue to run hot this year?

After beating the ASX 200 by 24 per cent, shareholders are faced with a “challenging predicament” of whether to stick with the banks or finally take some profits.

  • Updated
  • James Eyers
There is no consensus among the major banks on how to deal with surcharging.

Major banks split on surcharge overhaul as complaints surge

There is no consensus over the way forward for Australia’s controversial system of charging extra for card payments.

  • Updated
  • Lucas Baird
Commonwealth Bank has told the Reserve Bank to ban surcharges completely for both debit and credit payments.

CBA urges Reserve Bank to scrap all card surcharges

The bank believes a complete ban on debit and credit card imposts is the simplest way to deal with surcharging inequity.

  • Lucas Baird
Peter Dutton says one of the core strengths of a Coalition government would be law and order.

Banks would face new loan regime under Coalition amid ESG pushback

Peter Dutton says bankers on multimillion-dollar pay packets who restrict lending on environmental grounds are out of step with ordinary Australians.

  • John Kehoe, James Hall and Lucas Baird
Advertisement
Macquarie has previously announced lofty climate commitments. It would not commit to them this week.

Macquarie refuses to say whether it stands by climate commitments

Other major local financial institutions indicated that they remained committed to net zero goals amid a recent pullback by global financial firms.

  • Joshua Peach and Lucas Baird
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

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