Westpac

Almost 3400 customers were left without access to banking services when the Tennant Creek branch shut down.

Working Australians want to repair their finances when they start receiving the cash from July 1, new research suggests.

Westpac banking services are returning to normal after an hours-long outage caught customers off guard this morning.

Millions of the bank's customers were unable to access mobile and online services.

Close to 74 per cent of Australians say they'll be reducing what they spend during Christmas.

Scammers raided the account 22 times in just hours, and at one point they accidentally left a voicemail.

Westpac says its customers will now be able to use an extended network of bank branches for cash transactions, thanks to a new technology upgrade.

The corporate watchdog claims hundreds of customers were kept waiting too long for a response.

Australians aged between 30-34 are facing the greatest financial strain, while those aged between 60 and 74 feeling the least.

Westpac has become the first of the big four banks to pass on today's interest rate rise, just hours after the Reserve Bank of Australia (RBA) hiked the cash rate.

Westpac will be lowering its stress test for certain refinancing applicants in a bid to help borrowers out of mortgage prison.

Although interest rates are now close to their forecast peak, the bank has warned that Australians face more stress ahead.

A further five Westpac-owned bank branches in Sydney, Melbourne and Brisbane are set to close their doors next month - the latest in a slew of closures in a move slammed by the union today.

All four of Australia's big four banks have passed on the Reserve Bank of Australia's (RBA) 25 basis point interest rate hike to customers.

Australian wages are surging but trailing far behind inflation, leaving workers worse off overall, according to data taken from job ads around the country.

Westpac has forecast interest rates will be cut seven times over 2024 and 2025, but not before more hikes.

One of the four big banks has issued an ominous interest rate forecast with more rate pain on the way for borrowers.

Westpac will shut down a further 20 bank branches across the country, the Finance Sector Union announced today.

James and Sarah said they fell victim to the scam, which fleeced them of $98,000, in August after they received a text message asking them to update their bank details.

Tens of thousands of Australians may be eligible for a cut of a nearly $30 million legal settlement made with Westpac.

The big four bank received an increase in fraudulent calls following the recent Black Friday sales, prompting the Christmas concerns.

Three of Australia's biggest banks and their insurers will pay out more than $126 million, and customers could be eligible for a share.

Westpac's chief executive has warned it is "inevitable" that borrowers will feel the impact of thousands of fixed-rate mortgages expiring over the course of the financial year.

The last of the big four to release its outlook, Westpac is now predicting the Reserve Bank of Australia (RBA) will hike rates by a 0.50 percentage point next week.

Commonwealth Bank, ANZ, Westpac, NAB all announce they'll pass on the 25 basis point rise, just hours after the RBA revealed the nation's cash rate will increase.

Westpac is planning to merge over 100 bank branches within the space of 18 months as it seeks to cut costs.

Rachael's bank accounts were hacked without her handing over any financial details.

The Reserve Bank's 0.5 per cent interest rate rise is the largest in 22 years.

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Big four bank Westpac has recorded a half-year statutory net profit of just under $3.3 billion, up an eye-watering 63 per cent on the six months prior.

Westpac has been ordered to pay a combined penalty of $113 million for what Australia's Federal Court heard was "widespread compliance failures".

Westpac has announced it has started automatically blocking customer payments to overseas retailers deemed to be of "high risk" for scam activity.

Big four bank Westpac has been ordered to pay a $1.5 million penalty by The Federal Court for selling credit insurance to almost 150 customers who had not requested it.

Australians are being urged to be vigilant for online scams in the wake of the east coast's flood disaster.

Westpac has increased the rate on a number of fixed term home loans for the second time this year.

Westpac's Chief Economist Bill Evans said he now expects the Reserve Bank of Australia (RBA) to begin lifting the official cash rate at its meeting on August 2, 2022.

ASIC announced it has commenced six civil penalty proceedings against Westpac, recommending that the bank and its businesses be penalised more than $100 million.

Westpac has entered into an enforceable undertaking with the Fair Work Ombudsman after it was revealed it had underpaid thousands of employees a total of $6 million.

Westpac has increased its fixed rate home loans for the third time in a month as the major banks eye speculation that the Reserve Bank of Australia will lift interest rates sooner than anticipated.

Westpac has hiked up a number of its fixed home loan rates, marking the second time Australia's second largest bank has done so in just over two weeks.

Australia's property prices could retract by as much as five per cent if interest rates were to be raised, one of the country's top economists has forecast.

Westpac is the latest big four bank to hike up its fixed home loan rates, prompting experts to warn that the days of ultra-low property financing are numbered.

Two Westpac Bank subsidiaries have been ordered to pay a $10.5 million fine by the Federal Court after they were found to have given customers financial advice when they were not licensed to do so.

Australia's financial watchdog has commenced court action against Westpac, accusing the big four bank of insider trading surrounding a mammoth $12 billion deal.

Australia's financial watchdog has commenced proceedings against Westpac in the Federal Court over claims it mis-sold insurance on credit cards to customers who had not agreed to buy it.

Westpac has refused to confirm reports that it is closing 48 branches around Australia, saying it is consultation with its staff about branch changes.

The big four bank and the second-largest in Australia cut 0.20 per cent off its two and three-year fixed rate home loans for new owner-occupiers and its two-year investor fixed rates.

The fake message advises customers to confirm their mobile device by clicking the link provided, which redirects to a fake sign in page designed to steal bank details

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In a note to shareholders this morning, Westpac advised that when it presents its full year 2020 financial results on Monday November 2, investors can expect a blow to its top line results.