The Latest Breaking News from Westpac

Activists want banks' actions to match words on climate

Activists are heartened that Australia's big banks took steps to limit lending to fossil fuel companies this year, but also have questions.

AAP · Dec 21, 2024

Borrowing blowout tipped in mid-year budget update

The federal government is expected to reveal a downgrade to its budget forecasts in its mid-year fiscal update as Australia's tax sugar-rush fades.

AAP · Dec 15, 2024

Westpac shareholders question bank's climate plan

Westpac shareholder activists have questioned bank executives about how its climate change policies will be applied.

AAP · Dec 13, 2024

Westpac's profit dips to $7b as mortgage stress eases

Westpac has posted an annual profit of $7 billion and lifted its final dividend, in Peter King's last financial result as chief executive.

AAP · Nov 4, 2024

Community rallies around newlywed mum after horror lawn mowing accident

Megan McKee was scheduled for amputation surgery in Newcastle on Friday.

Newcastle Herald · Nov 1, 2024

ASX ends worst week since August after global sell-off

The ASX200 has fallen 0.5 per cent after worrying earnings forecasts from US tech stocks and diminishing rate cut hopes in Europe dampened risk sentiment.

AAP · Nov 1, 2024

A diver was alone in rough seas for three hours, then the helicopter appeared

Westpac heroes in the spotlight as survivors share powerful stories.

Newcastle Herald · Oct 27, 2024

Mideast war not behind Aussie inflation: opposition

Unlike Australia, inflation and interest rates are falling in the UK, the US, Canada and New Zealand despite conflict in the Middle East, the opposition says.

AAP · Oct 24, 2024

Banks at odds over easing lending restrictions

Easing lending requirements so more first homebuyers can get a mortgage has received mixed reviews, with warnings more borrowers would face crippling debt.

AAP · Oct 23, 2024

Win for banks over fugitive's 'audacious' $500m fraud

Westpac and two other banks can recoup funds taken through a $500 million fraud perpetrated by a fugitive former football club owner and his associates.

AAP · Oct 11, 2024