Aussie shares set another record on back of rates hype The ASX200 has risen almost half a per cent to finish at its highest-ever level and end January up 4.6 per cent from where it started. AAP · Jan 31, 2025
Consumers feel finances slide but hold hope for future Easing inflation is increasing the likelihood of a near-term rate cut, which would provide a welcome boost to consumer sentiment in 2025. AAP · Jan 14, 2025
Aussie shares, dollar slide as US rate-cut odds dim The ASX200 fell 1.2 per cent and the dollar hit a nearly five-year low after a strong US jobs report lowered expectations for quick rate cuts. AAP · Jan 13, 2025
Australia's bullet-proof jobs market put to the test Even with restrictive interest rate settings and inflation battering the economy, Australia's labour market has proved surprisingly resilient. AAP · Jan 12, 2025
Sea and air search under way for 15-year-old boy swept off rock shelf at NSW beach Emergency services called to North Avoca beach on the Central Coast at about 3pm on Tuesday The Guardian - AU · Dec 24, 2024
Activists want banks' actions to match words on climate Activists are heartened that Australia's big banks took steps to limit lending to fossil fuel companies this year, but also have questions. AAP · Dec 21, 2024
Borrowing blowout tipped in mid-year budget update The federal government is expected to reveal a downgrade to its budget forecasts in its mid-year fiscal update as Australia's tax sugar-rush fades. AAP · Dec 15, 2024
Westpac shareholders question bank's climate plan Westpac shareholder activists have questioned bank executives about how its climate change policies will be applied. AAP · Dec 13, 2024
How China uncertainty could push back RBA rate cut Unexpected jobs figures have diminished hopes of an interest rate cut in February but favourable inflation data could put lower mortgage costs back on the menu. AAP · Dec 12, 2024
What’s fair in the fight to keep bank branches open and access to cash alive? On Tuesday, Commonwealth Bank announced it was planning to move customers using one of its legacy accounts to its newer “Smart Access” account. The Conversation · Dec 4, 2024
Spotlight on monthly inflation numbers Inflation figures and a speech from the head of the Reserve Bank of Australia will dominate the economic agenda this week. AAP · Nov 24, 2024
How the Westpac rescue helicopter saved a future Paralympian and mother 'On your worst day that chopper will be the best thing that could ever happen to you.' Newcastle Herald · Nov 14, 2024
Westpac's profit dips to $7b as mortgage stress eases Westpac has posted an annual profit of $7 billion and lifted its final dividend, in Peter King's last financial result as chief executive. AAP · Nov 4, 2024
Community rallies around newlywed mum after horror lawn mowing accident Megan McKee was scheduled for amputation surgery in Newcastle on Friday. Newcastle Herald · Nov 1, 2024
AAP · Nov 1, 2024 ASX ends worst week since August after global sell-off The ASX200 has fallen 0.5 per cent after worrying earnings forecasts from US tech stocks and diminishing rate cut hopes in Europe dampened risk sentiment.
Newcastle Herald · Oct 27, 2024 A diver was alone in rough seas for three hours, then the helicopter appeared Westpac heroes in the spotlight as survivors share powerful stories.
AAP · Oct 24, 2024 Mideast war not behind Aussie inflation: opposition Unlike Australia, inflation and interest rates are falling in the UK, the US, Canada and New Zealand despite conflict in the Middle East, the opposition says.
AAP · Oct 23, 2024 Banks at odds over easing lending restrictions Easing lending requirements so more first homebuyers can get a mortgage has received mixed reviews, with warnings more borrowers would face crippling debt.
AAP · Oct 11, 2024 Win for banks over fugitive's 'audacious' $500m fraud Westpac and two other banks can recoup funds taken through a $500 million fraud perpetrated by a fugitive former football club owner and his associates.
AAP · Oct 8, 2024 Wanted: $100m investment fund seeks green Aussie tech A multimillion-dollar venture capital fund, backed by 50 companies including Westpac, is looking for clean energy innovations that could go global.
AAP · Sep 27, 2024 Footy and music fans hit by fake tickets 'scam-demic' Scammers are pivoting to footy tickets and breaking the hearts of diehard fans as new data shows where people are caught out most often.
The Conversation · Sep 24, 2024 No RBA rate cut yet, but Governor Bullock is about to find the pressure overwhelming Who’d want to be Reserve Bank Governor Michele Bullock? On Tuesday she had to do the almost impossible: defend a decision not to cut interest rates at a time when they were being cut in just about every other major industrial nation.
AAP · Sep 10, 2024 New fear unlocked: unemployment worries grip consumers Consumers are becoming more concerned about the sluggish economy and what this could mean for jobs, with cost-of-living becoming a lower order worry.
AAP · Sep 10, 2024 Big banks help Australian share market to cash in Shares in Commonwealth Bank and Macquarie have hit all-time highs, while Westpac hit its best level in nearly seven years.
AAP · Sep 9, 2024 Westpac names business and wealth head as next CEO Westpac says Anthony Miller will succeed Peter King who is retiring as chief executive officer and managing director after three decades with the bank.