Companies cut reliance on China post-Covid
A majority of firms across the Asia-Pacific region are actively looking to reduce their supply-chain reliance on China, a Westpac report has found.
Westpac
Black Friday: How not to get ripped off
Scammers are on the prowl to take advantage of Black Friday and Cyber Monday shoppers. Here’s how to best protect yourself.
Back in the money: Bitcoin’s second coming
Far from crashing and burning, as expected when its price fell 80 per cent in 2018, Bitcoin is hot again.
NAB banking’s new No.2
NAB has quietly leapfrogged Westpac to become Australia’s second biggest bank, but CBA is still in a different league.
ANZ steers well clear of buy now, pay later
At David Gonski’s final board meeting as ANZ chairman, the board endorsed a strategy to steer clear of the buy now, pay later business.
Banks defiant on mortgage rates
The nation’s four biggest banks ignore calls to pass on all of RBA’s record-setting cut, holding firm on variable mortgages.
Big four defy RBA cut
Australia’s largest banks are refusing to pass on RBA governor Philip Lowe’s emergency cash rate cut, leaving thousands of families without relief on mortgage repayments.
Westpac’s crystal ball had a few cracks
There are few better indicators of the seismic shift in banking than major-bank presentations from five years ago.
Major banks cut rates to record lows
Three of Australia’s major banks have acted swiftly after the Reserve Bank slashed interest rates to a historic low on Tuesday.
Analysts warn on Westpac’s outlook
Westpac faces headwinds in coming years, analysts agree, but most rate the stock a buy on upside potential.
Jobs the key to recovery: Westpac
Westpac boss Peter King says employment and demand prospects were key to spurring activity.
ASX swings up, Westpac disappoints
Stocks turned positive amid choppy trade, oil plunged and Westpac’s profit missed expectations, though AMP jumped.
Westpac banks on home loans turnaround
Westpac expects a turnaround in the dismal performance of its key mortgage business.
Ex-Westpac chief drops $2.8m
Former Westpac CEO Brian Hartzer takes $2.8m hit as the bank’s executives count the cost of the Austrac scandal.
For Westpac, the real test lies ahead
Peter King is upbeat on COVID comeback, but Westpac has three years of recovery ahead to overcome risk culture problems.
‘Disappointing’: Westpac’s profits plunge
Westpac has blamed the economic downturn from COVID-19 and a money-laundering scandal for its “disappointing” financial results.
Westpac profit smashed
Westpac full-year cash profit slumps 62% to $2.6bn but the bank will restart dividend payments.
King contract extended to fix Westpac woes
Westpac’s recently appointed chief executive Peter King has warned Westpac’s turnaround will take several years, but he intends to see it through.
How the big banks keep exploiting us
Both ASIC and the government are failing to make any punishments fit their crimes.
Westpac settles civil action instigated by US investors
Westpac has settled a civil action instigated by US investors over the company’s involvement in a conspiracy.
Original URL: https://www.theaustralian.com.au/topics/westpac/page/40