Westpac

Home owners are ringing in the festive period with a present they cant re-gift, after the RBA announced a rate hike for the month of December.

Inflation driven by government policy could force the RBA to squeeze Australia’s market sector, Westpac’s chief economist has warned.

The major bank has warned Australians to be on the lookout for scams leading up to the summer holidays after a rise in fraud calls.

ANZ and Westpac have emerged as brokers’ most-used commercial lenders this month, with ANZ leading in commercial mortgages and business loans, while Westpac topped the list for asset finance

A recent study has shown the correlation between commercial finance turnaround times and broker usage.

Westpac is set to have its risk capital add-on reduced by $500 million after positive progress to improve risk governance, culture and risk management.

The Australian banking landscape has seen multiple mergers over the years that are continuously narrowing the competition. What do these decisions mean for the future of Australian ...

The major has revealed it is rolling out a new medium- to long-term investment product for delivering “improved social outcomes.”

Following the Reserve Bank of Australia’s decision to hike the cash rate, lenders have begun adjusting their own rates, though the speed of response has varied.

All four major banks plus Macquarie, Bendigo, Adelaide and ING will pass on last week’s 50-bp rate hike.

The major bank received the highest volume of broker asset finance deals in July, according to the latest Broker Pulse: Commercial Lending report from Agile Market Intelligence.

Tight incomes, high interest rates, and cost-of-living struggles have not deterred over half of would-be home buyers, the major bank’s survey has found.

The major bank has revised its cash rate forecast, suggesting that interest rates will hit levels not seen since the global financial crisis.

Former Westpac institutional bank chief executive Lyn Cobley has joined the Commonwealth Bank of Australia’s board of directors.

The latest appointment will help drive digital transformation at the major.