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The Latest Breaking News from Westpac

Westpac customers in Tennant Creek unable to buy food after ‘disastrous’ branch closure, critics say

Banking watchdog finds Westpac committed ‘serious and systematic’ breaches when closing remote NT branch in 2022

The Guardian - AU

Westpac sanctioned over 'serious' bank closure breach

Westpac breached banking protocols when it suddenly closed an outback branch, leaving the community to rely on a local charity, an investigation has found.

AAP

No interest rate relief predicted this year, major bank tells mortgage holders

ANZ first big bank to push prediction of Reserve Bank interest rate cut into 2025

The Guardian - AU

From analysis to the latest developments in health,
read the most diverse news in one place.

When the sirens stop, the road to recovery for first responders starts

The Greta bus crash shattered the Hunter. But those who helped are 'some of our best'.

Newcastle Herald

The Nine board response to Wick scandal mirrors a corporate culture addicted to ‘good news’

Nine’s CEO claims he had no idea about the alleged toxic behaviour of a senior executive. Why is it that corporate bosses never seem to know what’s happening in their own corporations?

Crikey

Westpac chopper brought hope to baby Henry's parents in desperate hour

The Westpac Rescue Helicopter Service flies 1500 missions a year

Newcastle Herald

Stand by for a pay rise on top of a tax cut. Here’s why things will feel better from July

At the moment, things look awful.

The Conversation

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Aussie shares slip in lead up to AI chipmaker earnings

The ASX200 finished down 0.2 per cent amid job layoffs by Telstra and underwhelming earnings reports from James Hardie and Sonic Healthcare.

AAP

Is the 2024 budget inflationary? Warwick McKibbin and other economists say ‘yes’

Former RBA board member among experts who say Albanese government’s third budget is likely to at least delay next interest rate cut

The Guardian - AU

Australian shares dip ahead of US inflation data

The ASX200 has dipped 0.3 per cent as traders wait to see if US inflation has cooled.

AAP

Aussie shares rise on renewed hope for rate cuts

The ASX200 has finished up 0.7 per cent with gains led by property sector after a weak US jobs report renewed hopes for an earlier rate cut.

AAP

Westpac Announces 1 Million Buyback And Special Dividend

Westpac announces 1 million buyback and special dividend to enhance shareholder value amidst profit slump.

Top News

Australian shares rise as risk appetite returns

The ASX200 closed the day 0.6 per cent higher, with all sectors gaining ground, to finish the week 0.7 per cent higher.

AAP

Aussie shares rise as US Fed says rate hikes unlikely

The ASX200 has finished 0.2 per cent higher as investors took a dovish view of the Federal Reserve chairman's comments on interest rates.

AAP

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AAP

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.

Newcastle Herald

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

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

The Canberra Times

Woman drowns despite surfers' desperate rescue attempt at Pebbly Beach

Two surfers dragged her onto their boards and performed CPR.

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news in one place.

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AAP

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.

Newcastle Herald

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

The region has been rocked by two branch closures.

Top News

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.

AAP

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.

Crikey

Westpac’s latest insider trading scandal shows corporate crime still pays

A $1.8 million fine has been doled out to Westpac for ‘unconscionable conduct’ that netted the bank $20 million, with a judge calling the punishment ‘risible’.

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