The Latest Breaking News from Westpac

Explosion causes serious face injury, man flown to hospital

The man was in a stable condition at the time.

Newcastle Herald · Aug 28, 2023

Gone in two transfers: the email scam that cost Australian homebuyers their life savings

NSW residents Simon Elvins and his wife lost nearly $250,000 to a payment redirection scam – and they are not alone

The Guardian - AU · Aug 19, 2023

‘Bit of a conundrum’: contradictory economic signs make RBA rate prophecies difficult

Surveys point to two-track economy with low consumer confidence but business in a relatively strong position to weather any slowdown

The Guardian - AU · Aug 8, 2023

Thinking behind Reserve Bank's 'hawkish pause' on show

Reserve Bank boss Philip Lowe will this week give a speech after keeping interest rates steady in July and the big four banks will be grilled by politicians.

AAP · Jul 9, 2023

Sydney developer stripped of licence amid police hunt

Property developer Jean Nassif who is accused of fraudulently taking out a $150 million loan has lost his licence after police issued a warrant for his arrest.

AAP · Jul 6, 2023

Banks put family violence perpetrators on notice. Stop using accounts to commit abuse or risk being 'debanked'

Ella never knew when her credit card was going to be declined.

The Conversation · Jul 4, 2023

Borrowers cross fingers ahead of live cash rate call

The Reserve Bank board is set to meet on Tuesday for what is likely to be another finely balanced interest rate decision in the fight against inflation.

AAP · Jul 2, 2023

Easing demand hitting manufacturing sector hard

The outlook for the Australian economy remains gloomy, with the manufacturing sector under pressure from slowing demand and stubbornly high costs.

AAP · Jun 27, 2023

‘Per capita recession’: Banks forecast longer downturn as more interest rate rises loom

Australia facing a multi-year per capita recession and even a quarter of negative economic growth in early 2024 with higher interest rates.

The New Daily · Jun 20, 2023

‘Finely balanced’: June interest rates hike was sparked by fresh inflation fears, minutes reveal

The Reserve Bank's decision to raise interest rates to a fresh decade high in June was "finely balanced", minutes reveal.

The New Daily · Jun 20, 2023