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Westpac cuts fixed loan interest rates

admin — Wed, 16 May 2012 00:53:12 +0000

Bank reports intense competition in fixed rate market. 15 May 2012 5:04 PM View full post on WBC | RSS Business News Feed | Business Spectator

CLIMATE SPECTATOR: Why business was the budget’s biggest loser

admin — Sun, 13 May 2012 00:59:30 +0000

With the big business lobby supporting Abbott’s cost-of-living scare campaign over the carbon price, it’s little wonder the government deserted corporates in the budget to provide hand-outs to the ‘battlers’. 11 May 2012 6:20 PM View full post on WBC | RSS Business News Feed | Business Spectator

Bulked up banks ready for a second storm

admin — Thu, 10 May 2012 01:03:41 +0000

While European banks remain strapped to a sovereign-debt tightrope, Australia and America’s institutions can rest assured that they are much better capitalised than they were when Lehman Brothers fell. 8 May 2012 12:39 PM View full post on WBC | RSS Business News Feed | Business Spectator

Westpac cuts key lending rates

admin — Mon, 07 May 2012 01:10:26 +0000

Bank follows rivals in partially passing on interest rate cut; drops home loan, business rates. 4 May 2012 10:14 AM View full post on WBC | RSS Business News Feed | Business Spectator

Labor must help lower funding costs: Westpac’s Kelly

admin — Fri, 04 May 2012 01:19:59 +0000

Lower funding costs would result in deeper rate cuts: Kelly. 3 May 2012 4:18 PM View full post on WBC | RSS Business News Feed | Business Spectator

Westpac’s next CEO Hartzer times it right

admin — Fri, 04 May 2012 01:19:58 +0000

Brian Hartzer, the American tipped to replace chief executive Gail Kelly, joins Westpac at the perfect time – and he has foregone at least $1 million to do so. 4 May 2012 6:43 AM View full post on WBC | RSS Business News Feed | Business Spectator

Will markets swallow Westpac’s formula?

admin — Tue, 01 May 2012 01:23:24 +0000

Investors will be sceptical that Westpac’s new growth strategy, expected to be announced with its results, can deliver without increasing costs. But the bank is pinning great hopes on Brian Hartzer. 30 Apr 2012 8:12 AM View full post on WBC | RSS Business News Feed | Business Spectator

THE DISTILLERY: Capital clash

admin — Sat, 28 Apr 2012 01:27:58 +0000

Jotters jostle over the ASX’s proposed easing of capital raising rules, while one says the RBA is copping too much flak. 27 Apr 2012 6:30 AM View full post on WBC | RSS Business News Feed | Business Spectator

THE DISTILLERY: ASX conflict

admin — Wed, 25 Apr 2012 01:35:56 +0000

One jotter says the ASX has gone too far in its latest rule proposals, while another looks at how the banks will try to lift revenue in a tight market. 23 Apr 2012 6:59 AM View full post on WBC | RSS Business News Feed | Business Spectator

BREAKFAST DEALS: Pricey Primus

admin — Sun, 22 Apr 2012 01:40:56 +0000

M2 Telecom secures Primus in more NBN-inspired consolidation, while a mystery shareholder holds up Flinders Mines’ Russian deal. 17 Apr 2012 7:29 AM View full post on WBC | RSS Business News Feed | Business Spectator