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Westpac - News, Features, and Slideshows


  • Banks encumbered with IT legacy, compliance: Experts

    Australian banks need to upgrade IT infrastructure and data gathering skills if they want to compete with new players such as Google, according to financial IT consultants.

    Written by Hamish Barwick28 Nov. 11 12:29
  • Signs good for Australian economy in 2012

    Australian economic growth is showing early indications of swinging from well below trend in 2011 to above trend in early 2012, but Westpac (ASX:WBC) cautions it is too early to be sure

    Written by Dylan Bushell-Embling19 Oct. 11 18:28
  • Westpac posts cash earnings decline

    Westpac (ASX:WBC) reported a 2% dip in cash earnings for Q3, as it dealt with cautious consumers and weaker markets

    Written by Dylan Bushell-Embling16 Aug. 11 19:12
  • Westpac glitch causes payment delays

    Westpac has warned customers that an IT glitch overnight has caused delays in some of its payments to and from other banks.

    Written by Tim Lohman26 July 11 12:03
  • Consumer confidence sinks in July

    Australian consumer confidence is still shaken, falling 8.3% in July to the lowest point since May 2009, research shows

    Written by Dylan Bushell-Embling13 July 11 17:59
  • Retail turnover falls 0.6% in May

    Turnover for the Australian retail sector declined by a seasonally adjusted 0.6% to $20.61b in May, according to ABS stats, as weak consumer confidence bit into sales

    Written by Dylan Bushell-Embling04 July 11 18:28
  • ANZ opens branch in India

    ANZ (ASX:ANZ) has opened a Mumbai branch, and appointed Subhas DeGamia as the CEO of new subsidiary ANZ India

    Written by Dylan Bushell-Embling16 June 11 17:48
  • CeBIT 2011: Cloud computing 'like ordering a pizza'

    IT industry professionals, analysts and vendors all have their unique ideas when it comes to describing what Cloud computing means, but according to one infrastructure leader it’s just like ordering a pizza.

    Written by Rodney Gedda01 June 11 09:27
  • Westpac promises review into outage

    Westpac has restored its online banking service following a prolonged outage, caused by an air-conditioning fault at a data centre. The bank’s group executive for retail and business banking, Rob Coombe, has also apologised to customers, promising a review of the events that caused the system failures.

    Written by Georgina Swan05 May 11 17:14
  • Updated: Westpac air con causes IT meltdown

    Australian bank Westpac has suffered an IT meltdown overnight following an air conditioning fault at one of the bank’s data centres.

    Written by Chloe Herrick05 May 11 09:43