Australian bank and financial-services provider
Scammers posing as NZ Post staff have sparked a new warning about fake parcel delivery texts sent from email addresses.
Australian consumer confidence dips amid high inflation and interest rates : Consumer confidence in Australia has taken a hit in April, indicating the growing ...
wionews.com/business-economy/australian-consumer-confidence-dips-amid-high-inflation-and-interest-rates-709314
Westpac CEO says he is positive on Australia's housing market: Australia's housing shortage is creating challenges for first-time homeowners and migrants but ...
reuters.com/markets/westpac-ceo-says-he-is-positive-australias-housing-market-2024-03-25/
Hero bank teller saves customer from losing millions on scam: Marlena Karbowski knew something was wrong after a customer came into the Liverpool Branch asking ...
9news.com.au/national/hero-bank-teller-saves-customer-from-losing-millions-on-scam/ff013f25-b391-43dd-9823-71d634267582
ASB drops mortgage rates, follows Westpac and BNZ: ASB has reduced its home lending rates for a second time in the past week, matching drops from Westpac and BNZ ...
rnz.co.nz/news/business/510768/asb-drops-mortgage-rates-follows-westpac-and-bnz
Infuriating reason ATMs now slug you $4: The number of bank-owned and fee-free automatic teller machines has more than halved in the past seven years ...
news.com.au/finance/money/dangerous-bankowned-and-feefree-atms-are-disappearing-and-thats-a-worry/news-story/7f143c8d976bac10efefd94fa88213f9
Australia's Westpac first-quarter profit falls from its prior six-month quarterly average
reuters.com/business/finance/australias-westpac-first-quarter-profit-falls-its-prior-hy-quarterly-average-2024-02-18/
Westpac customers hit with eftpos and bank account problems - bank says technical issues sorted
nzherald.co.nz/business/westpac-customers-hit-with-eftpos-and-bank-account-problems-bank-says-technical-issues-sorted/RZ4PE7YZNVBVXDAYNLPIJRB4C4/
Worried about price gouging? For banks, there's a simple solution: Doing what we can to stop Australians being overcharged is important, not only for wage ...
abc.net.au/news/2024-02-28/worried-about-price-gouging-banks-simple-solution/103517610
Westpac chief praises resilient economy and eyes 2024 rate cut: Peter King says there has been a rise in mortgage delinquencies but he expects the economy to ...
smh.com.au/business/banking-and-finance/westpac-chief-praises-resilient-economy-and-eyes-2024-rate-cut-20240219-p5f5yx.html
Westpac lowering some fixed housing rates, term deposits: Westpac says it will lower fixed housing rates across a range of terms from one year to five years ...
nzherald.co.nz/business/westpac-lowering-some-fixed-housing-rates-term-deposits/565POA7FYJA7RD3HANBX5ETSHA/
This International Women's Day, we go behind the scenes with some of the inspiring women doing some of the toughest jobs on the frontline ... Show more
Businesses cutting back workers’ hours as economy slows: Westpac: Companies are slashing employees’ work hours to cut costs and stay afloat as high-interest ...
smh.com.au/business/the-economy/businesses-cutting-back-workers-hours-as-economy-slows-westpac-20240208-p5f3gs.html
Client who lost house purchase after lawyer spent $1.3m loan now owes debt to Westpac
nzherald.co.nz/nz/client-who-lost-house-purchase-after-lawyer-spent-13m-loan-now-owes-debt-to-westpac/FOQMHDRR3JH47MUKEFZAVLZXYE/
Good riddance to cheques, but don’t ditch cash just yet: Cheques are an inefficient form of payment and should be phased out. Cash, however ...
theage.com.au/money/banking/good-riddance-to-cheques-but-don-t-ditch-cash-just-yet-20240206-p5f2oe.html
Westpac Sees Drop in Stressed Assets, Lower Australian Rates: Westpac Banking Corp. saw a reduction in stressed assets as it reported profit for the quarter ...
bloomberg.com/news/articles/2024-02-18/westpac-sees-drop-in-stressed-assets-lower-australian-rates
Paid articlePaid
Auckland Westpac Rescue Helicopter retrieves injured canyoner from Coromandel Forest Park
nzherald.co.nz/nz/auckland-westpac-rescue-helicopter-retrieves-injured-canyoner-from-coromandel-forest-park/FHD3TMPRQBDCDMAM7MQJEWTAYM/
“One would think that if employment increases, the unemployment rate would decline. Well, not necessarily this time around."
🔗 tinyurl.com/4h5uwmha
Gobsmacking new film hits Aussie cinemas: IMAX, 3-D, ScreenX.
news.com.au/entertainment/movies/new-movies/touch-australias-first-ever-featurelength-motion-picture-without-pictures-premieres/news-story/18510c09275dc514b446217d75e320d0
RBA Will Be ‘Hypersensitive’ to Australia Inflation, Westpac Economist Says: Australia’s central bank will be “hypersensitive” to any signs that inflation is ...
bloomberg.com/news/articles/2023-12-20/rba-will-be-hypersensitive-to-inflation-westpac-s-ellis-says
NAB updates cash rate call, joins other big four banks in forecasting hold for February
9news.com.au/national/aussies-given-new-glimmer-of-hope-cost-of-living-crisis-cash-rates-nab-big-four-banks-rba/04054969-ce21-4cf4-9e3c-09ecfcf4e136
UBS to put first female CEO of major Australian bank on board: LONDON: UBS Group AG will nominate Gail Kelly (pic), who in 2008 became the first female chief ...
thestar.com.my/business/business-news/2024/01/16/ubs-to-put-first-female-ceo-of-major-australian-bank-on-board
Westpac customers hit with network outage: Westpac is working to restore online, mobile and telephone banking as customers experience intermittent issues with ...
9news.com.au/national/westpac-customers-experience-intermittent-issues-with-online-mobile-and-telephone-banking/bd849482-512b-4f62-a2ab-ea834eb345b6
Two stricken fishermen plucked from rocks in dramatic helicopter rescue at Port Waikato
nzherald.co.nz/nz/two-stricken-fishermen-plucked-from-rocks-in-dramatic-helicopter-rescue-at-port-waikato/ODFM7XWH75DMLGETDX6RJ44QU4/
Wealth reaches record levels, but households can’t meet daily bills: The turnaround in the property market has boosted Australians’ wealth levels ...
theage.com.au/politics/federal/wealth-reaches-record-levels-but-households-can-t-meet-daily-bills-20231222-p5et8r.html
Quick Glance: Surging Wealth Amid Household Financial Struggles
- Rising property market leads to record Australian wealth - but they're selling assets to cover high living costs.
- Total household wealth surged by $339 billion, or 2.3%, in the September quarter, reaching a record $15.3 trillion, averaging over $575,000 per person.
- The value of Australian homes and land soared by $250 billion in the quarter, reaching a record $9.9 trillion.
- Australians’ superannuation accounts, now nearly $3.6 trillion, represent their next largest wealth source.
$1.2 million property borrower sues Westpac over threatened mortgagee sale: A Westpac customer who borrowed $1.2 million has taken legal action against the bank ...
nzherald.co.nz/business/12-million-property-borrower-sues-westpac-over-threatened-mortgagee-sale/52NI2RN6VJCV7BRFJ26ERMMGKE/
Paid articlePaid Westpac customers’ horror discovery: Australians have shared their frustrations and horror stories following an overnight outage of Westpac’s online banking ...
news.com.au/finance/business/banking/aussies-fume-as-westpacs-online-banking-goes-down-overnight/news-story/9bf25d9e2d34b1d32124c4fac78fc2f5
Australia’s consumer sentiment extends pessimism into 2024: Australia’s consumer confidence slipped in January, as households remain anxious about their finances ...
dailymaverick.co.za/article/2024-01-16-australias-consumer-sentiment-extends-pessimism-into-2024/
2023: The year of the gloomy consumer: Consumers will be happy to see the back of 2023 as we roll into a not-so-merry Christmas.
theage.com.au/business/the-economy/2023-the-year-of-the-gloomy-consumer-20231212-p5eqxl.html
Wespac to block abusive comments in bank transfers: Westpac is changing its terms and conditions to stop customers writing abusive comments into the payment ...
rnz.co.nz/news/business/503283/wespac-to-block-abusive-comments-in-bank-transfers
Westpac first major bank to start cutting mortgage rates again: Westpac is cutting some of its longer-term fixed special home loan rates, becoming the first ...
odt.co.nz/business/westpac-first-major-bank-start-cutting-mortgage-rates-again
Scammers prey on 'parcel anxiety' as Christmas wave looms: Consumers have been told to be wary of online bargains as social media and online scammers seek to ...
9news.com.au/national/aussie-shoppers-warned-amid-surge-in-christmas-scams/2e40e569-9965-41bd-be27-58d7a7417e23
The big four banks have unveiled RECORD profit numbers, as the Reserve Bank announced a 13th interest rate hike in 18 months ... Show more nine.social/qUD #9News
Westpac sets intensity-based emissions target for farms it loans to: Westpac bank has set a target for cutting the emissions of the farms it lends to.
rnz.co.nz/news/business/502461/westpac-sets-intensity-based-emissions-target-for-farms-it-loans-to
Morning Mail: Coalition flies to Cop28, Westpac suffers major outage, UK nuclear site hacked
theguardian.com/australia-news/2023/dec/05/morning-mail-coalition-flies-to-cop28-westpac-suffers-major-outage-uk-nuclear-site-hacked
Westpac’s profit hits $7.2b, flags ‘modest’ rise in stressed loans: Westpac’s chief executive said the bank’s profit jumped to $7.2 billion on the back of steady ...
smh.com.au/business/banking-and-finance/westpac-profit-hits-7-2b-it-flags-modest-rise-in-stressed-loans-20231106-p5ehsf.html
Westpac chief economist Luci Ellis, a former Reserve Bank assistant governor, says she expects the RBA will keep interest rates on hold at its December meeting.
Westpac to raise $488 million in additional Tier 1 capital: Westpac Banking Corp (WBC.AX), Australia's third-largest bank by market capitalisation ...
reuters.com/business/finance/westpac-raise-488-million-additional-tier-1-capital-2023-11-20/
Australia's Westpac dumps PwC as auditor after 55 years: Westpac Group (WBC.AX), Australia's fourth-largest bank by market capitalisation ...
reuters.com/business/australias-westpac-dumps-pwc-auditor-after-55-years-2023-11-08/
The mortgage cliff that never happened: Most Australian borrowers are managing financial stress, but rather than a disaster averted it’s evidence that the sky ...
smh.com.au/business/banking-and-finance/the-mortgage-cliff-that-never-happened-20231106-p5ehxr.html
Family scammed $32k after picking up phone: A Perth family reliant on a single income is battling mounting bills and financial distress after falling prey to a ...
news.com.au/finance/money/every-cent-of-that-is-now-gone-family-scammed-32k-after-picking-up-phone/news-story/334086bb8b5af775c470d3333d6bd279
Bank margins in focus as big four’s profits tipped to hit $33b: As three of the big four banks report their results in the next week, investors will be eyeing ...
smh.com.au/business/banking-and-finance/bank-margins-in-focus-as-big-four-s-profits-tipped-to-hit-33b-20231102-p5eh59.html
Westpac’s profit jump is no surprise when the RBA favours banks over households: Further hiking of interest rates to meet a 2-3% inflation target will serve to ...
theguardian.com/commentisfree/2023/nov/06/westpacs-profit-jump-share-price-rba
Migration and house price rises to keep fuelling inflation - Westpac: Westpac says inflation is likely to remain above the Reserve Bank's target range for all of ...
rnz.co.nz/news/business/501342/migration-and-house-price-rises-to-keep-fuelling-inflation-westpac
‘Call their bluff’: shopping around on home loans can save money - even with high interest rates
theguardian.com/australia-news/2023/nov/11/best-home-loan-rates-australia-rba-interest-rates-low-mortgage-repayments
Three of big four banks move to hike rates after RBA decision: It has taken little time for the banks to pass on the rate increase after the RBA hiked rates to ...
9news.com.au/finance/interest-rates-australia-big-four-banks-increase-standard-variable-mortgage-home-loan-rates-november-rba-decision/5ef7a971-fb6b-4f78-8e55-d670992596bb
Australia's Westpac warns of $109 mln hit to fiscal 2023 profit: Australian lender Westpac Banking Corp (WBC.AX) said on Thursday it expects its net profit after ...
reuters.com/markets/australias-westpac-sees-lower-profit-fiscal-2023-2023-10-25/
Westpac NZ prepares customers for the rocky road ahead: Westpac New Zealand is preparing its customers for what it expects to be tougher economic times ahead ...
nzherald.co.nz/business/westpac-nz-prepares-customers-for-the-rocky-road-ahead/4Z24STNVENAQLHV4M3ACT4OY24/
Paid articlePaid
Westpac Altitude Rewards is Westpac’s loyalty program for its credit cardholders. It is a flexible points program, meaning relevant cardholders can redeem ... Show more www.pointhacks.com.au/westpac/
Australian Consumer Sentiment Declines 2.6% After RBA Resumed Rate Hikes: Australia’s consumer confidence slumped in November following the Reserve Bank’s ...
bloomberg.com/news/articles/2023-11-13/australian-consumer-sentiment-slumps-following-rba-rate-hike
Biometrics introduced to Westpac systems to watch for fraud: Westpac NZ is adopting advanced biometrics software to bolster its fraud protection systems.
rnz.co.nz/news/business/501878/biometrics-introduced-to-westpac-systems-to-watch-for-fraud
Man allegedly behind historic bank robberies arrested after 20-year investigation in South Australia
9news.com.au/national/south-australia-news-man-allegedly-behind-historic-bank-robberies-arrested-after-20year-investigation/a9729b74-a590-4db1-922e-41a22ee61bb8
Australia's Westpac fails to sell pacific banking business: Australian lender Westpac (WBC.AX) said on Wednesday it had cancelled the sale of its Fiji and Papua ...
reuters.com/markets/deals/australias-westpac-fails-sell-pacific-banking-business-2023-10-04/
Quick Glance: Westpac fails to sell Pacific banking business
- Westpac has cancelled the sale of its Fiji and Papua New Guinea businesses.
- The sale process was beset by regulatory problems.
- Westpac plans a new brand campaign to improve its standing in local markets.
- Westpac's Pacific business is seeing growth and operational recovery post COVID.
CBA mulls next move in mortgage war after losing share to rivals: Commonwealth Bank chair Paul O’Malley says the nation’s biggest mortgage lender plans to defend ...
smh.com.au/business/banking-and-finance/cba-mulls-next-move-in-mortgage-war-after-losing-share-to-rivals-20231011-p5ebdz.html
Westpac appoints Steven Gregg as new chairman: The Ampol chairman will start in Westpac’s top board position, continuing a technology transformation after the ...
theage.com.au/business/banking-and-finance/westpac-appoints-steven-gregg-as-new-chairman-20231016-p5ecj0.html
Westpac customers to get access to more bank branches: Westpac says its customers will now be able to use an extended network of bank branches for cash ...
9news.com.au/national/westpac-customers-to-get-access-to-more-bank-branches/85f9b7a5-4443-481a-b655-1eca46a87649
Banks cash in on buoyant property and jobs market: NAB, Westpac and ANZ Bank have ruled off a financial year that was better than feared ...
theage.com.au/business/banking-and-finance/banks-cash-in-on-buoyant-property-and-jobs-market-20230929-p5e8pc.html
New campaign hits out at 'record' profits by ANZ, ASB, BNZ and Westpac: Profit margins for the country's largest banks are at a 17-year high.
rnz.co.nz/news/business/498814/new-campaign-hits-out-at-record-profits-by-anz-asb-bnz-and-westpac
Not all Greens happy with housing deal: Not everyone is pleased about Adam Bandt’s decision to finally cut a deal with Labor on housing ...
smh.com.au/cbd/not-all-greens-happy-with-housing-deal-20230912-p5e43i.html
The Ultimate Guide to Westpac Altitude Rewards: The complete guide to Westpac Altitude Rewards, including the program's airline partners and other benefits ...
pointhacks.com.au/westpac/
Mortgage market at ‘inflection point’ as banks look to lock in loans: As borrowers come to the end of their fixed-rate contracts, and economists call a peak in ...
theage.com.au/business/banking-and-finance/mortgage-market-at-inflection-point-as-banks-look-to-lock-in-loans-20230915-p5e51x.html
Man found clinging on to rocks in dramatic Piha rescue mission: Westpac Rescue Helicopter called to assist in search and rescue event.
nzherald.co.nz/nz/man-found-clinging-on-to-rocks-in-dramatic-piha-rescue-mission/6YV6NSPMX5GZJONWYV7OBYTBI4/
ASIC sues Westpac for alleged failure on hardship notices: Westpac could pay millions of dollars in penalties if the Federal Court rules the bank did not respond ...
smh.com.au/business/banking-and-finance/asic-sues-westpac-for-alleged-failure-on-hardship-notices-20230904-p5e1wl.html
Tinder ‘swindler’ scam: High Court set to hear dispute over ownership of funds allegedly stolen
nzherald.co.nz/nz/tinder-swindler-scam-high-court-set-to-hear-dispute-over-ownership-of-funds-allegedly-swindled/ZLKKLHIKZBCVBIVBBQ4LKQWHFM/
Westpac lifts mortgage rates, third bank to do so this week: No let-up for mortgage holders.
nzherald.co.nz/business/westpac-lifts-mortgage-rates-third-bank-to-do-so-this-week/ILCS352A5JFZDAGXL37NICWZVA/
Westpac Shares Slip as Margins Dip, Inflation Bites on Costs: Westpac Banking Corp.’s shares declined after the Australian lender said mortgage-market ...
bloomberg.com/news/articles/2023-08-20/westpac-bank-sees-modest-increase-in-stress-amid-inflation-rise
Gone in two transfers: the email scam that cost Australian homebuyers their life savings
theguardian.com/australia-news/2023/aug/20/australian-email-payment-redirection-scam
Recession risk as RBA weighs inflation-busting interest rate rise: The Reserve Bank, ahead of its meeting on Tuesday, is being warned another interest rate rise ...
smh.com.au/politics/federal/recession-risk-as-rba-weighs-inflation-busting-interest-rate-rise-20230728-p5drxn.html
Quick Glance: RBA Keeps Interest Rates Steady, Monitors 'Soft Landing'
- The Reserve Bank of Australia (RBA) maintains interest rates at 4.10 percent as borrowers navigate a potential 'mortgage cliff'.
- Pausing for a second consecutive month, the central bank observes a slowing inflation rate and easing consumer spending.
- Governor Philip Lowe, set to leave his role in September, acknowledges the 'painful squeeze' caused by interest rates on some households.
- Lowe notes that while inflation in Australia is 'declining', it remains 'too high' at 6 percent, signaling possible future rate hikes.
Westpac strike: ‘Capitalist pig’ at Britomart, union says bank HQ aggravating staff
nzherald.co.nz/business/westpac-strike-capitalist-pig-at-britomart-union-says-bank-hq-aggravating-staff/RCGOVDE34ZBNZMIJZCRDOQFWL4/
‘Mule’ used ANZ bank account to steal money from up to 9 scam victims, calls for financial liability
nzherald.co.nz/nz/mule-used-anz-bank-account-to-steal-money-from-up-to-9-scam-victims-calls-for-financial-liability/LH6MGDJ7XJC4XCSYT3CMOCO7WI/
Household bank deposits drop $7.7b, in first decline in two years: The latest figures from the banking regulator suggest households may at last be feeling the ...
smh.com.au/business/banking-and-finance/household-bank-deposits-drop-7-7b-in-first-decline-in-two-years-20230731-p5dsn9.html
Third major bank raises mortgage rates: Westpac is lifting its mortgage and term deposit rates, the third bank to do so this week. It follows similar moves by ...
odt.co.nz/business/third-major-bank-raises-mortgage-rates
Person missing at Raumati Beach: A person went missing at Raumati Beach earlier today.
nzherald.co.nz/kapiti-news/news/person-missing-at-raumati-beach/A3RXTWAMHNCCBKKGL4IOZER3SY/
Westpac to offer interest-free lending on electric vehicles – but there’s a catch
nzherald.co.nz/business/westpac-to-offer-interest-free-lending-on-electric-vehicles-but-theres-a-catch/G6ET7AYXKFA5XHNFX3TGWE7X2I/
Westpac reshuffles the pack as top executive exits: Chief executive Peter King said the bank wanted to sharpen its focus on business and consumer banking as he ...
smh.com.au/business/banking-and-finance/westpac-reshuffles-the-pack-as-top-executive-exits-20230719-p5dpoc.html
New to NewsWall?
Sign up now to get your own personalized news!
Trending topics