The Latest Breaking News from Westpac

ASX trims gains as US allies weigh entering conflict

Markets have welcomed a US deadline extension on its latest threats against Iran, but ongoing oil supply constraints continue to weigh on confidence.

AAP · Mar 24

Shifting more healthcare to the private sector calls for a clear government plan – where is it?

Access to public elective services such as hip replacements or cataract surgery has long been inadequate in New Zealand, with extended wait times and exclusion of those not assessed as high priority despite genuine clinical need.

The Conversation · Mar 19

Isolated and exposed: can New Zealand’s fragile economic recovery withstand the global oil shock?

New Zealand economic growth tipped to overtake Australia’s this year but Middle East conflict casts a shadow over outlook

The Guardian - AU · Mar 18

Mortgage holders brace for hundreds more in repayments

Two incorrect assumptions have set the Reserve Bank on track for a costly U-turn on interest rates, with borrowers facing steeper repayments on their mortgages.

AAP · Feb 2

Rate rise pain all but certain after inflation shock

Hotter-than-expected inflation figures have convinced analysts the Reserve Bank will lift rates as soon as next week, heaping pressure on mortgage holders.

AAP · Jan 27

All eyes on crucial data ahead of first RBA meeting

Home owners will wait with baited breath for the Reserve Bank of Australia to hand down its cash rate decision after the release of inflation figures.

AAP · Jan 25

Shares snap three-week win streak despite final sprint

Australian shares have showed no signs of a Santa rally despite gaining in Friday trade but losing for the week as energy stocks plunged.

AAP · Dec 19, 2025

'Not ready': investors chop down deforestation action

National Australia Bank shareholders have rejected resolutions related to deforestation, but its chairman says he has concerns about the practice.

AAP · Dec 12, 2025

'No value': bank defends dropped no-deforestation plan

Westpac's agricultural customers were clear. Its stand against deforestation is of no value, so the bank dropped plans for a forest protection policy.

AAP · Dec 11, 2025

CBA boss says repaying ‘excessive fees’ to low-income customers could be seen as taking shareholder money

Commonwealth Bank Australia– which reported a record cash profit of $10.3bn in most recent financial year – charged $270m in ‘excessive fees’ over five years

The Guardian - AU · Nov 18, 2025