Funds urged to embrace change
Westpac’s BT Financial Group’s Melinda Howes says high-quality funds have nothing to fear from proposed reforms.
Westpac
Coal protest hits Westpac party
Westpac’s 200th anniversary celebrations in Sydney were marred by protests against the proposed Adani coal mine.
Westpac’s hard road to prosperity
Westpac chief Brian Hartzer was working in New York in the 1990s when Australia’s oldest bank was in near meltdown.
Beware the social media menace
Businesses, big and small, as well as governments need to change fast or risk being ambushed at every turn.
CBA, ANZ hike mortgage rates
All of the major banks have now imposed out-of-cycle rate increases, with CBA, ANZ and Bendigo the latest to hike.
Interest-only loan rates lifted
Self managed super fund owners are hardest hit by Westpac’s rate hikes on interest-only fixed rate loans.
Macquarie follows rates hikes
Macquarie has hiked mortgage interest rates, piggybacking on repricing moves by major banks NAB and Westpac.
Westpac hikes mortgage rates
Westpac has followed in NAB’s footsteps and ratcheted up home loan interest rates for owner occupiers and investors.
Banks in fair contract hot seat
The chairs of our big banks need to clean up the unfair SME contracts mess if they want to avoid a royal commission.
Senior hires for Reinventure
Westpac-backed venture capital group Reinventure has snared Silicon Valley native Kara Frederick as a general partner.
Unit prices ‘high, but no bubbles’
Westpac boss Brian Hartzer has conceded apartment prices in Sydney and Melbourne are “very high”.
In a Swiss spot
Someone who said they wouldn’t attend Davos seems to have changed his mind.
BT cleared on life claims
Westpac’s life insurance arm has been cleared of “systemic” claims handling issues, by an independent review.
BT overhauls life claims
BT has overhauled its protocols on life insurance claims, following an independent review.
Westpac suit ‘tip of iceberg’
Industry Super’s David Whiteley says he is concerned over the surge in the cross-selling of bank-owned super products.
Rate-rig trial to launch in Sept
The Federal Court will hear allegations against ANZ, Westpac and NAB in four phases.
Westpac, NAB lift rates
National Australia Bank and Westpac have hiked interest rates on more than $100bn of loans.
Former Westpac planner banned
ASIC has found a former financial planner for Westpac to “not be competent”.
‘Westpac to avoid first strike’
Westpac Bank is on the way to avoiding a first strike against its remuneration report.
Hartzer lifts Westpac investors
Westpac chief Brian Hartzer holds an upbeat view of local conditions. And investors love this good news story.
Apple slams bank ‘cartel’
CBA, NAB, Westpac and Bendigo want ACCC approval to negotiate jointly with Apple.
Westpac mortgage stress in WA
Westpac has suffered a sharp spike in mortgage stress in WA as the mining slump dents customers’ incomes.
Banks are on a downward spiral
Our banks’ returns are falling and there’s no telling when the trend will abate, let alone reverse.
Westpac draws ‘new line in sand’
Brian Hartzer has sliced Westpac’s return on equity target, telling investors to prepare for weaker profitability.
Stocks surge more than 1pc
The local market has shattered a four-day losing streak, amid renewed optimism over the US election.
Best day in four months for ASX
The local market added $21 billion today in a pre-election rally.
Big banks shift down a gear
The latest snapshot of how the banks are faring reveals growth is flatlining as margins edge down and bad debts lift.
Westpac dumps RoE targets
Westpac has posted flat full-year earnings and kept its dividend unchanged, but has been forced to lower its return targets.
Bryan to exit Westpac board
Elizabeth Bryan, one of Australia’s busiest directors, is set to leave the bank after ten years.
Trump win bigger than Brexit
Westpac assesses the impact of a Trump election win on markets as investors head for safe havens.
Original URL: https://www.theaustralian.com.au/topics/westpac/page/42