Westpac’s brutal call on rates
Westpac has flagged the majority of mortgage holders don’t need a rate cut, as they have become accustomed to higher interest rate payments.
Westpac
From Westpac interest rates and credit cards to home loans, we have all the latest banking news.
Big bank’s surprise Stage 3 tax cut reveal
Aussies have pocketed $6.4bn in extra income since July’s Stage 3 tax cuts, but what we’re doing with it might come as a surprise.
Major banks hit by outage
Westpac, St George and two regional banks have been hit by an outage affecting app access and online banking, with Aussies left unable to access their money.
Major bank’s huge move on cash
One of Australia’s major banks has cut against the grain in the age of digital wallets and will no longer offer a key service, claiming declining interest.
‘Trust’: Major bank reveals new CEO
Westpac has announced its new chief executive, who has a vision to return the big-four bank to a “position of leadership”.
Big four bank bosses tip Feb rate cut
Two out of the four chief executives of Australia’s major banks have tipped an early-2025 cash rate cut.
Aussie bank boss’ shock rates prediction
The Westpac Group boss believes the Reserve Bank will begin cutting rates from early next year, forecasting the figures rates will settle at.
Win for millions as major bank slashes rates
Another major bank has moved to slash fixed and variable rates, following other lenders including Westpac and NAB.
Major bank slashes fixed interest rates
Another of the major Aussie banks has cut mortgage rates, helping people scraping together repayments or a house deposit.
Bank boss’s warning in cost-of-living crunch
More Westpac mortgage holders are falling behind on their payments while the bank posts a flat $1.8bn profit for the latest quarter.
Major bank shuts down troubled lender
One of Australia’s banking giants has shut down a home loan lender, ending a 33-year-run for the troubled business.
Horror reason couple nearly lost $350k
A Queensland couple thought they were investing their cash safely, but when their bank got involved, they learned how close they’d been to losing a small fortune.
Westpac takes on allegedly crooked banker
Westpac has launched proceedings against an employee of another bank who allegedly used her role to defraud multiple banks to fund her lavish lifestyle.
Scuba diver critical after near drowning
A scuba diver is in hospital in a critical condition after being pulled from the water at a remote beach.
‘High risk’: Bank in hot water over move
Westpac has been sanctioned, with the industry watchdog saying the bank’s move put vulnerable customers at “high risk” of harm.
Big change coming for millions of Aussies
Westpac has made a big change to its app that will affect how millions of Aussies are able to pay for everyday items.
‘Easy’ way Aussies can earn hundreds
A simple prompt could help earn Aussies hundreds of dollars, as a major bank announces a new alert system.
Major bank’s call on pending tax cut
One major Aussie bank has made a huge call about how people will use their tax cut cash boost in the coming months, warning not to expect a shopping spree.
‘Call us’: Major bank’s plea to homeowners
The chief executive of one of Australia’s biggest banks has laid bare the stress Aussie homeowners are going through.
Major bank’s huge move on scammers
While criminals siphon hundreds of millions of dollars via scams each year, one bank has launched a new defence.
Major bank closing city branches
One of Australia’s big four banks has announced another round of bank branch closures in two major cities.
Major bank closing city branches
One of Australia’s big four banks has announced another round of bank branch closures in two major cities.
Aussies buoyed in home ownership hopes
Australians are feeling more confident about their home buying plans, and they’re prepared to make big changes to crack into the housing market.
‘Forget loyalty’: Big bank’s new job cuts
One of Australia’s biggest banks has just announced a new round of job cuts, with some of the positions set to move offshore.
Cruise ship worker flown to hospital
A man has been winched from a cruise ship after suffering a serious medical condition off the Australian coast.
ASX a sea of red, down 1.1pc to four-week low
Consumer gloom continues, according to Westpac survey. Rio flags second-half China recovery. Lovisa, Seven, Super Retail hit by analyst downgrades.
Update after massive bank outages
One of Australia’s big four banks has provided an update after thousands of customers were affected by a network outage.
$0 bank balance horror in Westpac crash
Thousands of Westpac customers were left stranded after the major bank reported an outage.
Aussies warned to brace for more rate pain
A finance expert has urged Australians to be prepared for interest rates to rise again in the near future, as the country battles a worsening cost of living crisis.
Major cash change for big four bank
Bank customers will have easier access to their money as one major bank expands its cash transaction options.
Original URL: https://www.news.com.au/topics/westpac