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).
Australia’s Westpac unveils the Social Tailored Deposit
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.
Australian regulator removes Westpac add-on liquidity requirement
The removal of the add-on takes effect this 1 September.
Westpac hit with protest vote against exec pay plans: report
The Australian lender faces paying up to $81m for charging fees to dead people.
Westpac capital position to remain strong following A$3.5b buyback
Westpac is one of Australia’s four major lenders.
Westpac warns $954m profit hit from one-off impairments
It is also hit with one-off costs from the sale of its insurance arm and specialist business.
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Traditional legacy data centres are becoming increasingly complex and costly to manage, prompting financial institutions to adopt more agile, scalable, and secure digital infrastructure models.
