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 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.

Westpac mobile app rated best in Australia by Forrester

Actionable recommendations and prompts to avoid fees helped propel it to the top spot.

Westpac launches SafeBlock in online banking platform and app

Scam losses have reportedly fallen 19% in 2025 so far.

Australia’s Westpac to hire 350 bankers by 2027: report

It aims to enhance business banking and expand its market share in regional Australia.

NAB, Westpac cut interest rates of home loans

Westpac also cut the interest rates of deposits.

Westpac names Carolyn McCann as chief executive, consumer

McCann was previous group executive for customer and corporate services.

ANZ rolls out home loan policy changes to aid self-employed Australians

Earlier in July, Westpac halved its income assessment to one year.

Westpac eases home loan rules for self-employed Australians

It now requires only one year of income records, rather than the previous two.

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.