Consumer sentiment hit by tariff turmoil

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The Westpac-Melbourne Institute Consumer Sentiment Index fell 6% in April, to 90.1 from 95.9 in March. Matthew Hassan, Westpac Head of Australian Macro-Forecasting, said: “Consumers are showing deepening unease about

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Disaster Relief for customers impacted by Western Queensland floods 

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Westpac will provide disaster relief assistance for customers affected by flooding in western Queensland. “Many communities have been hit by the worst flooding in more than 50 years,” said National

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Westpac launches Australia’s first social deposit

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Westpac has announced the launch of Australia’s first Social Tailored Deposit, a medium to long term investment product (1-5 years) with a minimum transaction amount of AUD $1 million, designed

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Westpac’s $1 billion promise for women in business

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Westpac’s $500 million female entrepreneurs fund will be expanded by another $500 million to $1 billion, to further address the challenges faced by women accessing finance to start or grow

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‘Rent-vesting’ on the rise as more Australians look to buy in 2025

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Westpac research has found more than half (54%) of first home buyers are considering ‘rent-vesting’ to get into the property market – up 4 per cent from this time last

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Westpac and NSW Government: Two centuries of partnership continues

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Westpac announced a new expanded contract with the New South Wales Government, continuing a partnership that spans nearly two centuries. The banking relationship has been a foundation of financial stability

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Westpac announce executive appointment

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Westpac CEO Peter King has announced the appointment of Peter Herbert to the position of Acting Chief Executive, Business & Wealth, effective 5 November 2024. Mr Herbert is currently Chief

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Anthony Miller appointed Chief Executive Officer of Westpac

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The Westpac Board of Directors has announced the appointment of Anthony Miller as Group CEO and Managing Director, commencing 16 December 2024. Mr Miller, currently Chief Executive of Westpac’s Business

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Westpac and CEFC unite for Australian first loan

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Westpac is launching Sustainable Upgrades home and investor loans for customers to make energy-efficient upgrades to their home, supported by the Clean Energy Finance Corporation (CEFC). From Monday, 26 August,

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Consumer sentiment ticks up but pessimism still dominates

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The Westpac–Melbourne Institute Consumer Sentiment Index rose 2.8% to 85 in August from 82.7 in July. Westpac Senior Economist Matthew Hassan said: “Consumers breathed a small sigh of relief in

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