The Latest Breaking News from Westpac

Westpac admits dropping ball on state bank customers

Overpriced mortgage products at its state-specific subsidiaries have contributed to Westpac losing market share, despite solid growth in customer deposits.

AAP · Nov 2, 2025

RBA to reveal interest rate call, economic forecasts

The Reserve Bank is widely expected to keep rates on hold after a spike in inflation, with the bank's updated economic forecasts set to be closely scrutinised.

AAP · Nov 2, 2025

‘No empathy’: Australian banks under fire for failing customers in hardship

Banks have continued to dismiss thousands of requests for help despite facing regulatory action enforcing their obligation to work with struggling clients

The Guardian - AU · Oct 31, 2025

Worker wins landmark case meaning she can work from home for good

IN FULL

The Independent UK · Oct 21, 2025

Westpac makes it harder for younger customers to earn advertised interest rates

Bank joins smaller competitors in changing interest-related restrictions on some accounts – despite RBA leaving interest rates unchanged in September

The Guardian - AU · Oct 15, 2025

Gold shines, equities lose lustre in tired trading day

Only Australia's raw materials sector has managed to close higher as the local bourse faded in a sluggish trading session.

AAP · Oct 7, 2025

Big bank is cutting 200 teller, personal banking roles

Westpac is cutting 200 customer-facing roles in its network but says it will try to keep as many workers as possible through retraining and redeployment.

AAP · Sep 23, 2025

Australia’s workers reaping greater share of national income than before pandemic

Westpac economist says tighter labour market is behind changes in how the ‘economic pie’ is divided

The Guardian - AU · Sep 14, 2025

Consumer confidence dips as households slowly recover

Years of lost purchasing power is still weighing on Australian households as the steady recovery in consumer confidence stalled in September.

AAP · Sep 9, 2025

Aussie shares in record close, break $2.9 trillion mark

Australia's top 500 publicly traded companies are now worth more than $2.9 trillion, as major benchmark indexes closed at their highest ever levels.

AAP · Aug 15, 2025