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The Latest Breaking News from Westpac

Jobs bright spot for consumers as economy teeters

Consumer sentiment has been tracking at low levels for two years and is showing few signs of material improvement.

Our life-saving aerial services deserve a better deal from governments

Our life-saving aerial services deserve a better deal from governments

Letters: 'They are the salt of our country.'

Newcastle Herald

Meet Westpac Helicopter Rescue's new CEO

Meet Westpac Helicopter Rescue's new CEO

'It's about serving and supporting the community.'

Newcastle Herald

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Woman drowns despite surfers' desperate rescue attempt at Pebbly Beach

Two surfers dragged her onto their boards and performed CPR.

The Canberra Times

Australian shares gain ground after dovish RBA meeting

The ASX200 has finished up a third of a percentage point after the Reserve Bank moved to a more neutral stance on interest rates, dropping its tightening bias.

Repacholi blasts 'Sydney fat cats' over bank closure in double-barrel spray

The region has been rocked by two branch closures.

Newcastle Herald

Westpac Cuts 132 Jobs Across Divisions

Westpac's job cuts highlight challenges in banking sector amid industry transformations and cost-cutting measures.

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Dozens of Australian businesses have gender pay gaps above 50%, landmark data reveals

Dozens of Australian businesses have gender pay gaps above 50%, landmark data reveals

Data showing nearly two-thirds of workplaces have a pay gap that favours men is being published in the hopes of ending disparity

The Guardian - AU

Westpac Reports Decline in First-Quarter Profit

Westpac Reports Decline in First-Quarter Profit

Learn about Westpac's financial performance as its profit falls in the first quarter from the prior half-yearly quarterly average.

Australia's jobless rate hits two-year high

Australia's jobless rate hits two-year high

Fresh labour data is unlikely to shift the dial for the central bank despite the jobs market slowdown appearing a little ahead of schedule.

Westpac Guilty of Misconduct in 2016 Rate Swap Deal

Westpac Guilty of Misconduct in 2016 Rate Swap Deal

Australia's Westpac has been found guilty of misconduct in a 2016 rate swap deal by the country's financial regulator. Find out more about this case.

Westpac to pay millions after 'unconscionable conduct'

Westpac to pay millions after 'unconscionable conduct'

After being taken to court by the corporate watchdog, Westpac has been penalised for engaging in in unconscionable conduct in 2016.

The incredible stories behind half-a-century of rescue helicopter

The incredible stories behind half-a-century of rescue helicopter

For 50 years, the buzz of the Westpac helicopter has brought comfort.

Newcastle Herald

Good look at what spurs sabre rattling

Good look at what spurs sabre rattling

Maybe Lennon was 'a dreamer'.

Newcastle Herald

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Tiwi Islanders call on NAB to stop investing in Santos

Tiwi Islanders want National Australia Bank to stop funding gas company Santos, which is trying to build the Barossa project off the NT coast.

Westpac borrowers 'coping well' with rates, inflation

The chairman and CEO of Westpac have told shareholders that the percentage of borrowers experiencing stress remains low.

The Guardian - AU

Stronger than expected budget position to fuel calls for cost of living relief, economists say

Majority of additional revenue disclosed in midyear budget update likely to be banked to avoid further stoking inflation

The Guardian - AU

Australia’s economy 2023 report: how it started v how it’s going

Stronger than expected population growth made inflation hardier than most experts predicted and property prices defied successive rate rises

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The Guardian - AU

Morning Mail: Coalition flies to Cop28, Westpac suffers major outage, UK nuclear site hacked

Customers lose access to accounts and cards after system update failure; conservative lobby groups fund trips by frontbenchers to Cop28

Westpac customers access online accounts after outage

Westpac customers have again been able to access their accounts after the bank said a "routine technology update" resulted in an online outage.

Customers unable to reach accounts in Westpac outage

Some Westpac customers have been unable to reach their accounts after an apparent online outage, as the bank says it is working to rectify the issue.

The Guardian - AU

Westpac suffers online banking outage with customers shut out of accounts

People unable to view statements, pay bills or use credit cards after a problem during what the bank called a ‘technology update’

The Guardian - AU

Black Friday: Australian shoppers tipped to spend more than $6bn in four-day sales period

Retailers say online sales on Friday were 10-25% up on last year, with the shopping event becoming bigger than Boxing Day

Australian shares lift to move back above key marker

The ASX200 rose 0.8 per cent to climb back above the 7,000 level amid strong gains by the energy and mining sectors.

Consumers, businesses still wary about the future

Consumer confidence has taken a hit after another round of interest rate pain, with businesses also cautious about the outlook despite economic resilience.

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