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.

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.

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.

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.

The Commonwealth Bank of Australia has topped the table for the largest expansion of its investor mortgage books over the last year, according to the latest stats from APRA.

Confidence is recovering faster for mortgagors than for tenants and those who fully own their property, Westpac has revealed.

Most big four banks expect a 0.25 per cent rate hike today, but recent inflation data may have put 50bps back on the table.