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).
ANZ rolls out home loan policy changes to aide self-employed Australians
ANZ rolls out home loan policy changes to aide self-employed Australians
Earlier in July, Westpac halved its income assessment to one year.
7 hours ago
Westpac eases home loan rules for self-employed Australians
It now requires only one year of income records, rather than the previous two.
Banks to participate in Australia’s tokenised asset settlement research
There will be 24 use cases explored in the project.
Australia’s big four banks' fossil fuel exposure remain in billions
They are exposed to methane emissions, which they do not measure separately.
Chinese megabanks cement nation’s economic prowess
Banks in China dominated S&P Global Market Intelligence’s top 50 lenders in the region.
Less than half of Aussie firms adopting real-time payments: survey
About 2 in 3 believe that finance tech providers will shoulder the responsibility of assistance.
Aussie banks launch digital locks versus online fraud
Cybercriminals now use AI and deepfakes to scam people.
Westpac’s losses likely to stay low over next two years: S&P
Success of its “Unite” project will be crucial to support its business franchise and stability.
Westpac’s net profit dip 1% to $2.13b in H1 2025
The bank said it is managing their margins and working on cost management.
Westpac appoints Kate Dee as chief people officer
She has been the chief people officer of Bupa Asia Pacific since 2018.
Westpac unveils block option that stops retail transactions
It can be activated via the Westpac app or online banking platform.
Westpac expands female entrepreneurs fund to A$1b
The first A$500m has reportedly helped over 1,155 start or grow their businesses.
Australia’s Westpac unveils the Social Tailored Deposit
The minimum deposit is A$1m and will be directed to socioeconomic initiatives.
Westpac cuts home loan, deposit interest rate by 0.25%
Westpac Life and Westpac eSaver rates are affected.
Westpac lets home loan clients set-up offset accounts with no extra fees
Home loan customers can create up to 10 offset accounts.
Westpac CEO welcomes changes to Australia’s home lending regulations
The bank suggested a more flexible approach to risk tolerance in property construction in select cases.
Australian banks’ dividends to stay flat amidst cash earning pressures
The higher payouts in H1 were to establish shareholders’ confidence, S&P said.
Thought Leadership Centre
Most Read
1. DBS and UOB earnings to show impact of SORA, credit costs 2. HSBC’s Q2 results ‘solid’ despite BoCom loss and Hang Seng’s weak profits 3. DANA cuts gambling with real-time detection 4. RHB signs bancassurance deals with Tokio Marine Life, Takaful Malaysia 5. DBS’ net profit flat in H1 despite higher tax expensesResource Center
Read Here
Advertise
Sign Up
Event News
Asian Banking & Finance Fintech Awards 2025 Winner: Ei Thanda Hlaing of KBZ Bank
Ei Thanda Hlaing of KBZ Bank highlights how the KBZPay initiative has evolved into a platform that supports everyday digital living.
Commentary
What kids without wallets can teach us about the future of finance
What is best practice when setting up an in-house bank?
How technology and regulation are reshaping the lending landscape
Protecting against the mobile Trojan horse in your pocket
Beyond the code: How mobile banking is weaving a new financial narrative in Asia