Westpac
Westpac Banking Corporation is one of Australia's biggest banks in terms of asset-size, and the 23rd largest bank in the Asia Pacific region (S&P Market Intelligence, April 2025).
Westpac hits $1.27b net profit in Q3 on more lending activity
Westpac hits $1.27b net profit in Q3 on more lending activity
NIM benefited from a high-interest rate environment, offsetting competitive pressures.
1 day ago
Which banks paid the highest penalties in Australia in H1
Penalties were doled out for misreporting and for failed responses to hardship requests.
Which Aussie banks are home loan customers most satisfied with?
Customers cited competitive rates and having multiple offset accounts as reasons for their satisfaction with the lenders.
Westpac poaches Macquarie CIO to lead digital transformation
Richard Heeley will join Westpac later in 2026.
Australia's Big 4 stockpiles $22.8b amidst Middle East war fears
Business lending tops 34% whilst homebuyers still prefer brokers.
Australians spend $4.02m monthly on AI subscriptions: Westpac
Customers spend A$37 per month on average, based on credit card data.
Westpac lends A$1b to 2,100 women entrepreneurs over 3 years
Women-led businesses are starting and scaling up across Australia, said Westpac’s Paul Fowler.
Australia's Big Four banks face stage 3 loan risks as rates rise
Intense competition and rising costs are expected to reduce margins.
Aussie Big 4 banks raise home interest rates by 0.25%
ANZ, CBA, and NAB’s changes are effective 27 March 2026
Westpac rolls out Book a Banker tool for home loan appointments
It will be expanded to St.George, BankSA, and Bank of Melbourne in the coming months.
Westpac rolls out Copilot to 35,000 global staff
Its teams have already built several AI agents for HR and IT.
Westpac hikes home loan rates as it flags budget pressure
Westpac's consumer chief executive recognized that the increase may add pressure to households.
Australia’s big four banks loan deferrals, waive fees for bushfire victims
NAB is providing A$1,000 grants and additional financial relief, for example.
Australia big four banks hold majority of loans in mortgages
CBA and Westpac have the largest proportion of mortgages relative to their gross loans.
Westpac to enable subscription viewing and cancellation in app
3 in 10 Australians say they are wasting money on duplicate or unused subscriptions.
Westpac faces earnings pressure despite strong asset base: Moody’s
Its NPL ratio has improved and its deposit base is stable.
Westpac unit RAMS fined A$20m for compliance failures
RAMS failed to supervise its reps to ensure compliance with credit law, amongst others.
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