Westpac Banking Corporation

The powerful people who control the purse strings of Australia’s biggest companies are worried about what lies ahead next year, coinciding with a warning the economy has “hit a wall”.Consulting firm Deloitte released its biannual CFO…

Banking giant NAB received more than 850,000 calls last year from customers concerned about scams and online fraud, new data has revealed.The data, released on Wednesday, paints a stark picture of the challenges Australia’s big four banks…

The ranks of the Reserve Bank are set to be bolstered following the appointment of a top official from UK’s central bank.Following a 31-year stint at the Bank of England, Andrew Hauser, who has most recently led the markets division, will…

Borrowers are facing the prospect of further rate pain when the Reserve Bank board convenes for its final meeting of the year. Delivering her first rate hike to 4.35 per cent as RBA boss on Tuesday, governor Michele Bullock flagged that…

Binance, the world’s largest crypto exchange, has been booted off a large Australian payments service and banned by Westpac in a bombshell day for the company.Binance Australia stated on Twitter that it could no longer facilitate PayID…

Commonwealth Bank has raised interest rates following other big four banks following the Reserve Bank’s latest hike. CBA lifted its variable home loan rates by 0.25 per cent, in a move that’s matched Westpac, ANZ, and NAB. Westpac and the…

A Brisbane family have been locked in a “ridiculous” battle with their bank over a major interest rate mistake, which had cost them more than $17,000.Andrew Ferguson and his wife Belinda purchased and renovated their dream four-bedroom home…

Westpac has made a surprise call on interest rates – lowering its forecast that the cash rate will be hiked as high as 4.1 per cent.Instead, the major bank has predicted interest rates will peak at 3.85 per cent and that the Reserve Bank of…

Aussie homeowners are being battered by increasingly brutal interest rate rises – but there could be some relief on the horizon.According to Westpac’s latest survey released on Tuesday, consumer sentiment remained unchanged at 78.5 in March…

With the collapse of Silicon Valley Bank (SVB) – the second biggest bank failure in US history – there are fears of “contagion” spreading across the globe with the potential that Australia’s interest rates could also be impacted.SVB had a…