Westpac

Westpac predicts unemployment will hit 11% by June

The worsening spread of the coronavirus (COVID-19) pandemic in Australia could see unemployment reach 11% by June - and that number could still rise as more businesses close their doors.

By Emma Duffy ● March 24, 2020

Westpac and RAMS cut savings account rates

Westpac, as well as its subsidiary RAMS, have both cut savings account interest rates today by 25 basis points.

By William Jolly ● March 17, 2020

Consumer confidence reaches five year low

Westpac's latest Consumer Sentiment Index is down to the second lowest level seen since the Global Financial Crisis.

By Harrison Astbury ● March 11, 2020

Westpac further reduces savings account interest rates

Westpac is the latest of the big four banks to cut interest rates on its savings accounts.

By Emma Duffy ● February 13, 2020

Westpac, loans.com.au pledge home loan support for bushfire victims

Australians affected by the devastating bushfires may soon receive some welcome financial relief.

By Emma Duffy ● January 15, 2020

Apple Pay arrives for St.George, BankSA and Bank of Melbourne customers, Westpac to follow

Apple Pay has launched for St.George, BankSA and Bank of Melbourne customers, while Westpac has promised to deliver the contactless payments platform to customers by June 2020.

By Emma Duffy ● December 19, 2019

Consumers set to be Scrooges this Christmas, and rate cuts aren't helping

Australians aren't feeling very jolly and neither will retailers, with consumer confidence slipping according to the Westpac-Melbourne Institute Index of Consumer Sentiment.

By Emma Duffy ● December 12, 2019

Customers could flee big banks under open banking: Moody’s

The profitability of Australia’s major banks is under threat thanks to low interest rates, intense competition and open banking, according to a report from ratings agency Moody’s.

By William Jolly ● November 25, 2019

Under 10% of big bank mortgage customers have reduced their repayments after cash rate cuts

The big four banks have revealed the number of customers who’ve elected to reduce their mortgage repayments in the months following the recent cash rate cuts.

By William Jolly ● November 12, 2019

Big banks lose market share in tough home loan environment

The major bank’s market share of residential mortgages fell by nearly 100 basis points to 81.2% in 2019, as subdued lending conditions and more intense competition put the squeeze on.

By William Jolly ● November 08, 2019

Refinance home loans.Rates from 1.99% p.a.

Low-rate car loansRates from 3.97%

Savings ratesof up to 3.50%

Term deposit ratesof up to 1.45%

Let us come to you. Get Savings in your inbox.

Refinance home loans.
Rates from 1.99% p.a.

Low-rate car loans
Rates from 3.97%

Savings rates
of up to 3.50%

Term deposit rates
of up to 1.45%

Let us come to you.
Get Savings in your inbox.