Westpac to cut 1,500 jobs, simplify operations: report
The company says it regularly adjusts its workforce based on shifting investment prioritiesPublished Wed, May 21, 2025 · 07:44 AM ...
Tag: Westpac
Westpac posts higher quarterly profit as loan volumes grow, late repayments decline
AUSTRALIA’S Westpac posted a rise in its first-quarter net profit on Monday as deposits and loan volumes grew, and said ...
Australian lender Westpac sees solid credit demand in 2025, posts 3% annual profit fall
AUSTRALIA’S Westpac Banking on Monday (Nov 4) reported a fall in annual profit, and said it expects solid demand for ...
Australia’s Westpac annual profit down as costs overshadow margin bump
No 2 Australian mortgage lender Westpac said on Monday (Nov 4) that annual profit dipped as costs associated with a ...
Westpac appoints Anthony Miller as new chief executive officer
WESTPAC has appointed Anthony Miller as chief executive officer and managing director, the Australian bank said on Monday.Miller, who joined ...
Westpac profit rises as margin pressure shows signs of easing
WESTPAC Banking’s profit edged higher as pressure on margins eased and mortgage lending grew faster than the wider industry, offsetting ...
Australia lending rules make banks go ‘too hard’ on due diligence: Westpac
AUSTRALIA’S “responsible lending” rules have led to longer mortgage approvals without fixing structural problems in the property market, the country’s ...
Westpac net profit falls 16%, announces additional A$1 billion buyback
Australia’s Westpac Banking Corp reported a 16 per cent drop in its first-half net profit on Monday as intense lending ...
Westpac sees monetary policy ‘less restrictive’ over next year, Q1 profit drops
WESTPAC Banking said it sees scope for monetary policy in Australia to become less restrictive within the next year, while ...
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