Perverse incentives to sap super
In a blow to the super industry, an ill-conceived shift in policy will encourage more retirees to turn to the pension.
Westpac
Van Onselen to head RAMS
Westpac has tapped Ainslie van Onselen to lead the lender’s wholly-owned subsidiary RAMS Home Loans.
Westpac revealed as rogue insurer
Westpac was the life insurer that rejected a sky-high 37 per cent of total and permanent disability claims.
No clue on cash: Dick Smith boss
Former Dick Smith chief Nick Abboud admits he didn’t know how much cash the firm had when its lender called him in.
Grilling over: what did we learn?
Westpac boss faced questions over gender discrimination, credit card fees and complaints process on final day.
CBA boss defends credit card ‘gouging’
Ian Narev has backed the bank’s exorbitant credit card interest rates, insisting it’s high-risk debt.
Stocks 1pc stronger at noon
Banks have been bid sharply higher as Deutsche fears ebb, with Westpac adding 2.2 per cent.
Westpac urged to cut payout
Westpac should slice its dividend at its next results and consider taking the chance to raise equity, says broker CLSA.
Hartzer bemoans reforms tab
The Westpac chief said a $300m compliance bill was money he would rather have spent on innovation and services.
China still key to GDP: Evans
The factors fuelling domestic economic growth may have shifted but one factor has remained constant: China.
Moly-Cop gathers pace for float
National Australia Bank and Westpac are working on a deal on a new debt structure for a listed Moly-Cop.
Westpac ‘must bridge trust gap’
Westpac will try to regain lost community trust by removing all product-related incentives for its 2000 tellers.
Westpac chief eyes the upside
Hartzer will have one eye on next month’s Canberra grilling as he offers up an upbeat take on the economy tomorrow.
Leading index turns positive
An economic survey is pointing to above-trend growth for the first time since early last year, according to Westpac.
S&P cools on banks’ ratings
Three major banks have suffered a fresh ratings downgrade after Standard & Poor’s lowered their insurance arms.
Westpac loans ‘holding strong’
Westpac executive Lyn Cobley says she’s “comfortable” with the health of the loan book after a bumpy year.
Westpac stung by fresh fee fail
Westpac has refunded a total of $9.2m after mistakenly levying younger customers with fees for six years.
Bank on midwinter ball drama
The rich tradition of drama at Canberra’s Midwinter Ball is set to star Westpac boss Brian Hartzer.
Westpac warns on soured loans
An update from Westpac revealing soft income and rising loan stress led to a fresh sell-off in bank shares.
Bad loans rise amid mining slump
Westpac has reported an increase in souring mortgages in regions affected by the downturn in the mining industry.
Rate cuts buoy consumers
In a positive sign for growth prospects, optimistic consumers outnumbered pessimists in August, according to Westpac.
Westpac defends rig allegations
The bank says there are valid reasons for instances of suspect trading identified by ASIC.
Banks unite on mobile payments
Some of Australia’s top banks are looking to work together on contactless payments in a bid to limit Apple’s clout.
Commodity burden eases: survey
Westpac survey finds that sentiment improved in May as commodity prices weighed less heavily on the economy.
NAB, Westpac, CBA pass on cut
Three of the big banks have pledged to reduce their variable home loan rates by 0.25 per cent.
Protect AAA rating, says Hartzer
Westpac has urged the government to prioritise the nation’s AAA credit rating.
Westpac curbs foreign buyers
Westpac has followed suit with other big banks by restricting lending to foreign property investors.
PM bashes banks at Westpac bash
It was the big day out for the Big Red W. But Malcolm Turnbull wasn’t going to miss a chance for a Newspoll point.
ASIC ups stakes in banks battle
The regulator will have its work cut out if it tries to make a case for market manipulation against all four of the big banks.
Westpac accused of fixing market
Westpac is the second Australian bank formally accused by ASIC of manipulating the bank bill swap rate.
Original URL: https://www.theaustralian.com.au/topics/westpac/page/43