Australia

Westpac expands female entrepreneurs fund to A$1b

Westpac expands female entrepreneurs fund to A$1b

The first A$500m has reportedly helped over 1,155 start or grow their businesses.
4 days ago

ANZ to launch digital account lock option by mid-2025

It will block card access as well and won’t affect standing future-dated payments.
4 days ago

NAB removed nearly 600 fake websites and products in 2024

They use spoofed URLs, promotions that pressure quick decisions, and fake testimonials.
5 days ago

Digital bank platform ANZ Plus reaches 1 million customers

Over half (55%) consider it their main bank account.
6 days ago

Australia’s Westpac unveils the Social Tailored Deposit

The minimum deposit is A$1m and will be directed to socioeconomic initiatives.
6 days ago

CommBank accelerates AI adoption with expanded Anthropic partnership

The Australian bank will focus on personalisation and safety.

CommBank rolls out discounts to small business with Yello for Business

Customers receive discounts on various brands and exclusive pricing on Samsung products.

NAB names Andrew Auerback as group exec for B&PM

Group chief risk officer Shaun Dooley will work as acting group CFO.

ANZ clinches Aussie gov’t support for Pacific operations

ANZ will invest $50m in its Pacific systems and enhance its digital bank offering.

Citi names new co-heads for capital markets and advisory in ANZ

The appointments coincide with the retirement of Tony Osmond.

Australia says industry not ready to decommission BECS

The industry does not have a shared vision or transition plan yet.

Australia’s G&C, Unity Bank officially merge

G&C will maintain a strong capital position but faces integration risks, S&P said.

CommBank adds extra confirmation step for NetBank logins

Customers using the CommBank app will be prompted for confirmation.

Loans extended in Australia rose 6.5% in January

Business loans rose the fastest compared to the same month in 2024.

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.

ANZ joins Bank@Post, allowing customers to bank at Post Offices

Customers can access the services beginning 1 October 2025.