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 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.
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.
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