The Latest Breaking News from Westpac

The Australian Transaction Reports and Analysis Centre (AUSTRAC) is launching an investigation into two of the nation's biggest online sports betting companies over money laundering concerns and warns that it wants the multi-billion-dollar gambling industry to "lift its game".

It’s hard to recall a time when the interest rate forecasts of economists were as widely, and wildly, different as they are now.

A flurry of banks have passed on interest rate rises to borrowers after the Reserve Bank increased the cash rate by 0.25 percentage points on Tuesday.

Two of Australia’s biggest banks predict the Reserve Bank will revise the inflation rate to 8% – the highest since March 1990

Mortgage holders are likely to see repayments jump even higher as the inflation dragon proves harder to slay than expected.

Since 2017, Australia has seen a 30 per cent drop in available bank branches nationally, with more than 300 closing in the past financial year.

The Finance Sector Union says Westpac has announced the closure of 23 of its group's branches across Australia, with the loss of 92 jobs.

A sophisticated new scam targets the retirement nest eggs of Australians, exposing the vulnerability of a superannuation fund and a major bank to scam activity.

The Reserve Bank wants to give its earlier aggressive rate hikes a chance to flow through and to see how households respond.

Mandatory isolation requirements for people who get COVID-19 have come to an end nationally — but that doesn't mean you can rock up to work symptomatic with the virus.

After crunching the numbers, it’s clear that mortgage holders shouldn’t just do nothing, says RateCity’s head of research