Westpac Foundations unite to boost literacy and numeracy in Australian primary schools

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Westpac has announced a new strategic direction for its community and philanthropic investment, aligning all efforts to address the critical issue of education. Under this new approach, the Westpac, St.George,

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Gen Z leads surge in first home buying intentions as optimism grows among young Australian

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More than one in three (35%) Gen Z Australians plan to buy their first home within five years, according to Westpac’s latest Home Ownership Report. Intentions have jumped five percentage

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Australia’s $16 billion opportunity backing local business

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Westpac has released new economic modelling revealing the powerful ripple effect of local spending. According to Westpac economists, Australia could benefit from a $16 billion boost in nominal GDP with

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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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