Westpac (a portmanteau of "Western-Pacific", registered as Westpac Banking Corporation, ASX: WBC, NZX: WBC), is a multinational Financial services company and became the largest bank in Australia (by market capitalisation) after it took over St George, and the second-largest bank in New Zealand. The bank is one of the Australian 'big four' banks, joining NAB, ANZ, and the Commonwealth Bank. Read More
Australia's Westpac net profit down 25%
May 03 - France24
Westpac net profit falls... to $2.97 billion
May 02 - News.com.au
Mar 06 - News.com.au
City Rising From Deadly N.Z. Quake Spells End to Low Rates
Feb 22 - Business Week
Westpac gets its branches trimmed
Feb 16 - News.com.au
Westpac's three-month $1.5 billion profit
Feb 15 - News.com.au
Westpac's $1.5 billion profit in three months
Feb 15 - News.com.au
Westpac to cut 550 jobs in Australia
Feb 03 - France24
New Zealand Consumer Confidence Index Falls, Westpac Says
Dec 18 - Business Week
Volatile markets weigh on Westpac revenue
Dec 13 - News.com.au
European debt a concern for Westpac
Dec 14 - News.com.au
Westpac withdraws 'stress free' ad claim
Dec 01 - News.com.au
Stocks pulled lower by banks, energy firms
Nov 07 - News.com.au
RBA Rate Cut to Boost Saving Not Spending, Kelly Says
Nov 06 - Business Week
RBA Rate Cut to Boost Saving Not Spending, Westpac’s Kelly Says
Nov 06 - Business Week
Westpac jobs threat despite record profit
Nov 02 - News.com.au
Profits up 10% at Australia's Westpac, outlook soft
Nov 02 - France24
Westpac posts $6.99 billion profit
Nov 01 - News.com.au
Oct 30 - News.com.au
Economic growth to pick up pace
Oct 19 - News.com.au
By Comsec
The Australian sharemarket lost ground for the third consecutive day and week, with the All Ordinaries Index (XAO) down 0.6 pct or 25 pts to 4081.2 today. Nine out of 12 sectors finished in the red today and the broader market hit a fresh six-month low. (10:45 am)
MORE TOPICS: CHINA, PORTUGAL, TWITTER, FACEBOOK, SOUTH KOREA, AUSTRALIA
By Comsec
The Australian sharemarket kicked off the session a little higher for the third time this week, only to start losing ground following some disappointing economic data in China. The All Ordinaries Index (XAO) fell 0.3 pct or 12.6 pts to 4106.2. (May 24)
MORE TOPICS: CHINA, UNEMPLOYMENT, HSBC, MANUFACTURING, TWITTER, FACEBOOK
By IBTimes AU
Bell FX Currency Outlook: The Australian dollar has opened this morning around USD.9760, after trading down to a low of USD0.9690 overnight as European equities followed Asia's lead falling around 2.5%. (May 24)
MORE TOPICS: AUSTRALIA, FTSE, GOLD, HSBC, MANUFACTURING, GDP, COPPER
By Ozforex
Fears of an impending Greek exit from the euro sent markets into a tail spin yesterday, the euro breaking critical support levels and taking the Australian Dollar down with it. (May 24)
MORE TOPICS: CHINA, UNEMPLOYMENT, HSBC, MANUFACTURING, RETAIL SALES, GDP
By IBTimes AU
The World Bank has picked on Australia for its over-dependence on its resource exports to China, which could eventually hamper growth in the Asia-Pacific Region to 7.6% this year. (May 23)
MORE TOPICS: AUSTRALIA, CHINA, UNITED KINGDOM
By IBTimes AU
Credit Suisse, in a new report released on Wednesday, warned Australian banks not to lower their lending standards for home loans to make up for the flat growth of lending across the banking industry,. (May 23)
MORE TOPICS: AUSTRALIA, CREDIT SUISSE, MORTGAGE
By IBTimes AU
National Australia Bank (NAB) Chief Executive Cameron Clyne blamed on Wednesday the battle for deposits among Australian lenders for the high mortgage interest rates in the country. In effect, he belied claims by the other banks that the European cri... (May 23)
MORE TOPICS: AUSTRALIA, MANAGEMENT, MORTGAGE
By IBTimes AU
Bell FX Currency Outlook: This morning the Australian dollar is over a US cent lower, currently trading at USD0.9790 after comments about the possibility of Greece leaving the Euro currency resulted in risk aversion trading, and in turn, a fall in the AUD. (May 23)
MORE TOPICS: AUSTRALIA, FTSE, CHINA, DOW JONES, GERMANY, EUROPEAN UNION, GDP
By Comsec
The Australian sharemarket improved for the second straight day, something which has not happened in around 3 weeks. The All Ordinaries Index (XAO) jumped 1.2 pct or 49.1 pts to 4173.5. The market improved as the day wore on and ended close to the highs of the day. (May 22)
MORE TOPICS: FEDERAL RESERVE, EXISTING HOME SALES, MANUFACTURING, TWITTER, FACEBOOK, JAPAN
By Comsec
The Australian sharemarket managed to improve for the first time in five sessions today, with the All Ordinaries Index (XAO) gaining by 0.6 pct or 25.6 pts to 4124.4. Shares were up by as much as 1 pct in early trade, fell by 0. (May 21)
MORE TOPICS: GOLD, FEDERAL RESERVE, HSBC, MANUFACTURING, TWITTER, FACEBOOK
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