Bank apps, RBA hit by another mass outage
Customers across the country have been left unable to access their online banking after the second mass internet outage in as many weeks.
Westpac
Aussie banks, Virgin hit by online crash
ANZ, Westpac and Commonwealth Bank customers have been hit by a mobile app outage, with Virgin Australia also affected.
ASIC faces deadline to hand over documents
Parties caught up in the ASIC action over allegations of insider trading in the Ausgrid sale have been told to detail what confidential information they want withheld from public airing.
Bids readied for Westpac’s life unit
Final offers for Westpac’s life insurance division are due in 10 days, as the bank steps up the business end of its asset sale program.
Westpac has a tough sell ahead
Will late-to-the-party Westpac be able to sell its life insurance unit in coming months? Bids are due soon.
Victorian lockdown hits consumer confidence
Consumer confidence has taken a knock from the Victorian lockdown, with the fear of further outbreaks spreading across state borders.
Fund manager’s $23m ‘Covid-proof’ SA buy
An SA fund manager, who also co-owns Adelaide’s landmark Westpac House, is growing its footprint with a strategic ‘Covid-proof’ $23m purchase.
Westpac rates rise as end nears for cheap homeloans
Westpac has raised some of its fixed-rate mortgages as the end nears for the ultra-cheap Covid-era loans.
NAB’s problems aren’t over
National Australia Bank is today in the same position as Westpac was in back in 2018, just before all hell broke loose.
KKR out of race for Westpac’s car loan unit
The exit leaves private equity firm Cerberus and non-bank lender Liberty Financial as the most likely acquirers of the auto lending book.
Westpac’s NZ arm left out of ratings
S&P has excluded Westpac’s NZ operations from a revision of its outlook for banks, citing potentially reduced support from the parent.
APRA delays weigh on Colonial, Westpac deals
The sale of a stake in Commonwealth Bank’s Colonial First State wealth management business to KKR is unlikely to gain approval until December.
ASX up 0.49% for third week of gains
The S&P/ASX 200 finished the week with another gain, lifting 0.49 per cent to 7297.0.
Long path to Westpac demerger
For Westpac chairman John McFarlane, deliberations over whether to spin-off the Sydney-based bank’s New Zealand business must be bittersweet.
Westpac to weigh advice on $10bn NZ spin-off
Westpac’s board will this month assess a recommendation on whether to spin off its $10.3bn New Zealand arm to shareholders.
Business wants shot at vaccine rollout
The corporate sector is ready to step in and accelerate the Covid-19 vaccination program, Westpac boss Peter King says.
KKR pursues healthcare property trust
Global buyout fund Kohlberg Kravis Roberts appears to be in spending mode in Australia.
‘Stop worrying about being a token woman’
Now gender quotas are back on the political agenda, high-profile women are sharing their experiences of preferential treatment.
ASIC ordered to hand over Westpac transcripts
A court has ordered ASIC to hand over its confidential interviews with 26 current and former Westpac staff ahead of the Ausgrid insider trading case.
Bank‘s ’peace of mind’ offer to customers
One of the nation’s major banks has introduced an Australian-first savings buffer for customers facing financial hardship.
Original URL: https://www.theaustralian.com.au/topics/westpac/page/34