Westpac CFO warns of dividend threat

Wednesday, February 22nd, 2012

Dividends to be hit unless banks pass on funding costs. 16 Feb 2012 12:35 PM View full post on WBC | RSS Business News Feed | Business Spectator

Funding costs higher than during GFC: Kelly

Tuesday, February 7th, 2012

Westpac boss refuses to speculate on following rate cut. 3 Feb 2012 4:17 PM View full post on WBC | RSS Business News Feed | Business Spectator

The gap between variable and fixed interest rates has just passed a historic peak. Is it time to fix?

Tuesday, February 7th, 2012

An interesting fact in the latest Australian Bureau of Statistics Housing Finance data was the continued trend towards fixed rate loans.  The data showed that over the month of November 11.1% of borrowers opted for a fixed rate mortgage; that’s the highest percentage of fixed rate commitments since June 2008.  ...

Westpac hints at further job cuts

Saturday, February 4th, 2012

Chief executive Gail Kelly says bank has to adapt to new world; suggests more layoffs possible. 3 Feb 2012 11:52 AM View full post on WBC | RSS Business News Feed | Business Spectator

Westpac hints at further job cuts

Saturday, February 4th, 2012

Chief executive Gail Kelly says bank has to adapt to new world; suggests more layoffs possible. 3 Feb 2012 11:52 AM View full post on WBC | RSS Business News Feed | Business Spectator

Shell’s Ann Pickard joins Westpac board

Thursday, September 22nd, 2011

Exec due to start in role on December 1. 22 Sep 2011 1:13 PM View full post on WBC | RSS Business News Feed | Business Spectator

Westpac cuts rates for new borrowers

Saturday, August 20th, 2011

New rate on loans of at least $150,000. 19 Aug 2011 11:54 AM View full post on WBC | RSS Business News Feed | Business Spectator

Westpac tech glitch resolution expected tonight

Monday, August 1st, 2011

ANZ, CBA and NAB customers affected. 26 Jul 2011 6:25 PM View full post on WBC | RSS Business News Feed | Business Spectator

Westpac tech glitch resolution expected tonight

Monday, August 1st, 2011

ANZ, CBA and NAB customers affected. 26 Jul 2011 6:25 PM View full post on WBC | RSS Business News Feed | Business Spectator

Westpac sticks to interest rate view: report

Monday, August 1st, 2011

Bank keeps downward view despite inflation data. 28 Jul 2011 7:44 AM View full post on WBC | RSS Business News Feed | Business Spectator