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Westpac Banking Corporation

Provision of financial services including lending, deposit taking, payments services, investment platforms, superannuation and funds management, leasing finance, general finance, interest rate risk management and foreign exchange services. During the period, Westpac merged its BT personal and corporate superannuation funds with Mercer Super Trust and sold Advance Asset Management Limited to Mercer (Australia).

WBC$31.050
 0.190 0.62%

Data last updated:Oct 14, 2024 – 4.43pm. Data is 20 mins delayed.

Previous Close

30.860

Open

31.090

Day Range

30.880 - 31.100

52 Week Range

20.410 - 33.780

Volume

2,906,911

Value

88,542,785

Bid

30.950

Ask

31.050

Dividend Yield

4.62%

P/E Ratio

17.76

Market Cap

107.712B

Total Issue

3,441,411,361

ASX Announcements

Notification of cessation of securities - WBC

Appendix 3H (Notification of cessation of securities)

  • Oct 14, 2024
  • 5 pages

Notification regarding unquoted securities - WBC

Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)

  • Oct 14, 2024
  • 7 pages

Notification regarding unquoted securities - WBC

Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)

  • Oct 14, 2024
  • 8 pages

Shareholder Resolutions for consideration at the 2024 AGM

Notice of Meeting - Other

  • Oct 8, 2024
  • 2 pages

Notification of cessation of securities - WBC

Appendix 3H (Notification of cessation of securities)

  • Oct 3, 2024
  • 5 pages

View all WBC announcements

Yesterday

Former RBA chief economist Luci Ellis.

Westpac’s Luci Ellis shades her old RBA chums

The ex RBA chief economist isn’t afraid of taking digs at her former workplace.

  • Mark Di Stefano

This Month

Bill Papas remains in Greece as his former interests are sold off by liquidators.

Bill Papas ‘the architect’ of $500m bank fraud, court finds

He masterminded an audacious scam worth $500 million that funded a lavish lifestyle of yachts, sports cars and property before he fled Australia.

  • Max Mason
Australian Business Growth Fund chief executive Anthony Healy says WA is the most attractive state for investment in the country.

Fund sees riches in the ‘Abu Dhabi of Australia’

Investors searching for “favourable tailwinds” should be looking west, according to Anthony Healy, the chief executive of a $500 million, government-backed fund.

  • Tom Rabe
Westpac closed RAMS to new customers in August, 33 years after it was initially founded by John Kinghorn in 1991

Former RAMS chief executive quietly departs new job at Beyond Bank

The company said Jake Bromwich’s exit decision was mutual. Westpac-owned RAMS is at the centre of a fraud investigation and faces bulling claims from former employees.

  • Lucas Baird
RBA deputy governor Andrew Hauser speaking at a Walkley Foundation luncheon in Sydney on Tuesday.

No ‘secrets’ at RBA private briefings

Andrew Hauser dismissed concerns about the RBA holding private discussions with market participants, arguing it must understand what is happening in the economy.

  • John Kehoe, Michael Read and Jonathan Shapiro
Advertisement

Westpac joins $200m raise for unshackled climate VC

Westpac and the Clean Energy Finance Corporation will back Virescent Ventures’ second fund, which aims to raise $200 million to invest in climate tech start-ups.

  • Tess Bennett

Market’s war footing | Virgin v Qantas fight | RBA’s hush-hush problem

This week, James Thomson and editor-in-chief James Chessell dig into what the Middle East conflict means for markets, examine Virgin’s deal with Qatar, and ask whether the RBA should be meeting with banks and investors behind closed doors.

Tiwi Islanders say they will be negatively impacted by the Barossa gas project.

Westpac’s Peter King keeps his promise on Tiwi Islands consultation

The outgoing CEO had said at last year’s AGM that he would visit Indigenous leaders on country to listen to concerns about Santos’ Barossa gas project.

  • James Eyers

September

Macquarie has pushed into mortgages as it attempts to find growth as its more traditional businesses lag.

Macquarie leads the pack in end-of-year mortgage scramble

Official figures show the financial services giant’s loan book rose at four times the pace of its big bank rivals in August.

  • Lucas Baird
Ex-BoQ chief executive George Frazis  isn’t crying over spilt Fiji water.

George Frazis becomes the Madonna of banking

“George” is the banking equivalent of a triple threat: he can handle it all!

  • Myriam Robin
The RBA board has left the cash rate on hold at 4.35 per cent.

Inflation to hit three-year low, but don’t expect a rate cut: Bullock

Michele Bullock says she will ignore data on Wednesday that is likely to show inflation back in target band, warning government energy rebates will not bring forward a rate cut.

  • Updated
  • Michael Read
BresicWhitney CEO Thomas McGlynn says quality homes like 42 Temple Street in Stanmore, which sold for $4.01 million, continue to perform well.

Cashback promos quietly return as battle for home loans intensifies

Some of Australia’s biggest banks are once again offering upfront cash incentives to lure and retain borrowers.

  • Lucas Baird
MST Marquee analyst Brian Johnson said bank share prices were “stretched to the max”.

ASX winning streak faces CBA dividend reinvestment test

The “hyper-rally” in Commonwealth Bank shares that has helped the ASX smash its record high may come to an end thanks to a little-known force: its DRP.

  • Lucas Baird and Alex Gluyas
Samantha Dybac and daughter Mischa are navigating the world of pocket money.

Pocket money apps are popular, but are they worth it?

What to know about Spriggy and Kit – and where to look for an even better deal.

  • Michelle Bowes
The big four banks are riding high and pushing the ASX to new levels.

Meet Australia’s riskiest mortgage customers

The wave of mortgage refinancing that has occurred in the past two years is now starting to show up in loan delinquencies.

  • James Thomson
Advertisement
Bill Papas turned to EY’s Peter White for advice on where to base his sustainability businesses.

EY partner sued by ATO was Bill Papas’ former adviser

Despite Peter White’s many vigorous efforts, he can now be named. And we can tell you about his cameo in another recent white-collar saga.

  • Myriam Robin
xx

ASX nears record; Trump shooting crisis; Bunnings CEO hits back

Read everything that’s happened in the news so far today.

Westpac closed the RAMS business, which it acquired during the GFC, to new customers in August after it failed to find a buyer in a sales process earlier in the year.

Bank merger killed as RAMS fallout spreads

P&N Bank canned its merger with Beyond Bank days after the Financial Review revealed the latter’s CEO, Jake Bromwich, was stood down by Westpac.

  • Lucas Baird
A Westpac whistleblower claims she raised more than a dozen complaints internally about suspected fraud and criminal activity at mortgage broking subsidiary RAMS.

Westpac shunted RAMS boss before he took Beyond job

Westpac stood down RAMS boss Jake Bromwich, now the CEO of Beyond Bank, and moved him into a different role as it investigated a whistleblower’s claims.

  • Lucas Baird
Anthony Miller (left) will succeed Peter King as Westpac CEO in December.

Westpac’s new boss Anthony Miller sets down his vision

The former Deutsche Bank and Goldman Sachs investment banker, who joined Westpac in 2020, will succeed 30-year veteran Peter King in December.

  • Updated
  • James Eyers and Lucas Baird

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