Westpac Banking Corporation
- Exclusive
- Employment
The AI jobs apocalypse hasn’t landed in Australia – yet
New research into AI shows that it has yet to hit Australia’s jobs market. But data centre construction means it may be about to.
- Shane Wright
Latest
- Opinion
- Big four
The banks’ rivers of gold are facing another blow
On top of a weakening economy and an energy crisis, banking giants now face a softer market in their most important type of lending: mortgages.
- Clancy Yeates
Westpac raises buffers for bad loans as it braces for slowdown
The banking giant is preparing for a softer economy and disruption from the energy crisis caused by the war in the Middle East.
- Clancy Yeates
Bank warns of $50,000 hit coming for new homes. Builders say it’s nothing like that much
Motorists are bearing the brunt of the war in Iran. But those wanting a new home may face their own “war tax” as building costs rise – by how much depends on who you ask.
- Shane Wright
- Opinion
- Big four
How $44 and an ‘ambiguous’ email caused a credit score nightmare
It’s a timely reminder that if something is on your credit report that you think should not be there, say something and keep at it until the matter is resolved.
- Victoria Devine
- Updated
- World markets
ASX slips after Trump tariffs drama; banks and tech shares slide
The Australian sharemarket lost ground as investors digested the implications of the latest developments regarding US President Donald Trump’s trade war.
- Staff reporter
- Updated
- World markets
ASX closes higher for third day straight as NAB jumps; Santos cuts jobs
The Australian sharemarket ended the day in the green as investors digested a raft of company results, with National Australia Bank jumping after a trading update.
- Staff reporter
- Opinion
- Credit rating
How did Westpac let a $44 mortgage snafu become a PR disaster?
The customer made a small, understandable error, but the bank’s response was a tour de force of calamitous box-ticking and bureaucratic decision-making.
- Elizabeth Knight
- Exclusive
- Private banking
‘Unconscionable’: Westpac lashed by judge after dispute over $44.11
A Sydney woman who fell $44.11 short on her mortgage has successfully sued the bank to remove adverse credit information about her from a reporting agency.
- Kishor Napier-Raman
‘A moment of sheer nihilism’: Trump is running into a problem many political populists face
The legal battle launched by the US president against the head of America’s central bank threatens a repeat of the darkest days of Richard Nixon.
- Shane Wright