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.
Westpac
Westpac selects assets to offload
Westpac directors are expected to determine at a board meeting in a fortnight a plan for a selldown of more than $4bn worth of non-core wealth assets.
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.
8000 hit by Westpac pay blunder
Westpac is the latest big bank to botch payroll, failing to correctly calculate long service leave entitlements for 8000 employees.
Qantas bucks 1.5pc ASX rally, loses 9pc
ANZ and Westpac put on more than 3pc to help the ASX to a 1.5pc gain, trimming the market’s weekly loss to 0.6 per cent.
Westpac claims ‘wagyu and shiraz’ win
A Federal Court appeal against Westpac’s win in the so-called ‘wagyu and shiraz’ case has been dismissed, handing the bank another legal victory.
Westpac’s woes laid bare
A Federal Court affidavit by Austrac’s Kathryn Haigh provides a rare insight into the dealings between the regulator and its latest bank prey: Westpac.
Austrac urged to draw line on Westpac
The Federal Court has set out its timeline for the case as Austrac mulls the prospect of additional allegations.
UBS sells down Pendal Group stake for Westpac
The move comes after Westpac had earlier flagged a selldown out of Pendal Group was on the cards.
Change in Austrac-Westpac Justice presiding
Justice with zero tolerance for regulatory overreach taking over from Chief Justice James Allsop.
Westpac may face extra Austrac charges
Austrac may amend its damning Federal Court action against Westpac to include matters relating to potential child exploitation by as many as 272 customers.
Consumer confidence returns
Consumer confidence has returned to close to pre-COVID levels, buoyed by Australia’s success in squashing the spread of the virus.
Robodebt disaster fuels banker anger
The banking industry is preparing to fight against ‘draconian’ anti-money laundering enforcement measures by Austrac.
Westpac ‘not up to scratch’: Austrac
Financial crimes regulator Austrac has come out swinging against Westpac’s legal defence to parts of a Federal Court action.
Top bankers round on Austrac
Some of the nation’s top bankers have issued a call to arms against Austrac, accusing the agency of ‘virtual entrapment’.
Westpac to lure ‘ideal’ borrowers
Westpac has slashed its variable home loan interest rate to what is now the lowest on offer by a major bank, but not for everyone.
Where are bank shares headed?
The bank shares bounce is being driven by not so bad news, rather than good news as such.
McFarlane set to stay longer at Westpac
John McFarlane can see the work ahead of him at Westpac and, if elected, plans to extend his chairmanship beyond 2023.
From software glitch to a ticking time bomb
Inside Westpac, it’s become known as the “ignition event” — a routine software upgrade in 2010 that went unknowingly but horribly wrong.
Original URL: https://www.theaustralian.com.au/topics/westpac/page/46