Clue to potential future rate cut
A subtle change in wording by the Reserve Bank could signal a rate cut is on the cards, one of Australia’s leading economists says.
Westpac
From Westpac interest rates and credit cards to home loans, we have all the latest banking news.
Westpac delivers blow to savers
Westpac has taken the knife to savings rates on its deposit accounts in another financial blow to savers.
Key area where virus state lags behind
Victoria is not keeping up with the other states in this key area as lockdowns continue to choke the state’s economy, new figures reveal.
Bank vows to stamp out the hard sell
Westpac has made a big change to operations that it says will ensure customers won’t get saddled with products they don’t need.
![Nicky Healey, a nurse at a Boots pharmacy, displays a vial of CSL Ltd.'s Enzira seasonal flu vaccine in Holborn, London, U.K., on Thursday, Nov. 8, 2007. Seasonal flu strikes 5 percent to 15 percent of the population and kills 250,000 to 500,000 people a year worldwide, according to the World Health Organization. Photographer: Graham Barclay/Bloomberg News [HOLD FOR STORY -- EMBARGOED UNTIL CDC PRESS CONFERENCE ON FRI, NOV. 9 AT 5 PM ET]](https://content.api.news/v3/images/bin/32903a6bfb491c5f4fe269f68ac759f6?width=650)
Healthcare pushes share market higher
The Australian share market closed higher after strong gains among health stocks but banks were a drag, especially Westpac.
No dividend for Westpac shareholders
Westpac has refrained from issuing a dividend to its shareholders, warning COVID-19 is still causing significant downward pressure on the economy.
Aussie banks, ATMs disappearing
New figures reveal 2100 ATMs in Australia were removed between April and June, while the big four banks have shut 175 branches collectively.
Consumer confidence plunges on COVID-19 fears
The latest Westpac-Melbourne Institute Index of Consumer Sentiment shows pessimism has plunged due to fears more states than Victoria will suffer a second wave of COVID-19 cases.
Westpac bolsters protection against scams
Australia’s second largest bank has added new protection measure in it branches to curb scamming activity and fraud.
Grim forecast for virus state’s economy
Westpac believes stage four lockdowns in Melbourne will plunge the Victorian economy to levels below the initial lockdown in March.
Westpac moves 1000 jobs back to Australia
Westpac will bring 1000 jobs back to Australian shores after admitting its overseas operations have been “too slow” during the coronavirus pandemic.
Westpac: budget estimate too optimistic
Westpac’s chief economist says the federal government is being too optimistic about the budget blowout which is expected to occur from the COVID-19 pandemic.
$A to rise with improved Chinese economy
Westpac’s chief economist Bill Evans outlines why he believes the Australian dollar will continue to rise for the remainder of the year.
Aussie’s $24K ‘rip off’ car loan battle
Alannah Fox was forced to pay a whopping $24,864 in interest for a 2015 Hyundai. Now, she and many other Aussies are fighting back.
Lockdown fear haunts consumers
Consumer confidence has fallen, according to Westpac, as the economy faces a second lockdown due to COVID-19.
Westpac appoints new CFO
Westpac has appointed a new chief financial officer concluding a six month job search which was sparked by its AUSTRAC scandal.
Bank’s lucrative offer to first home buyers
An Aussie bank has dramatically dropped the amount first home buyers need to save for a home, helping them buy a property faster.
Budget deficit to blow out to $240bn, expert predicts
Westpac’s chief economist says the forecast blow out of the budget deficit will include an extension to JobKeeper and JobSeeker payments.
Big bank offers unbeatable interest rate
Westpac has announced a lucrative new offer in a bid to attract young customers who are struggling to buy their first home.
Original URL: https://www.news.com.au/topics/westpac/page/5