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The 2 per cent fall in January’s Westpac-Melbourne Institute Index of Consumer Sentiment was a surprisingly solid result given the rapid spread of Omicron during the month.
‘Mood navigation’ apps are emerging in more employers’ toolkits to help understand employees’ sentiment, although mental health experts’ feelings are mixed.
Anthony Hughes, Westpac’s mortgages managing director, says the consumer data right – which is being expanded – and “open banking” will be gamechangers when it comes to home lending by “stripping away all the paper artefacts” of the past.
Westpac’s sustainability head, Siobhan Toohill takes us inside her guide-dog puppy captivation, the time a pair of undies made it into one of her video calls, and her family’s Aussie island ritual.
If you have ordered anything online recently, you can probably attest to supply disruptions. Unfortunately, it will take some time for these bottlenecks to be worked through, impacting inflation dynamics and the outlook for interest rates.
A new report reveals Australia’s best performing suburbs in a remarkable year for the housing market, including a Sydney suburb that saw $1.8 billion of dwellings swap hands. But what are the broader issues and where are prices headed?
Speaking ahead of Westpac’s annual general meeting, chairman John McFarlane says his message on the bank's three-year ‘fix, simplify, perform’ turnaround plan is “dead simple”.
At a recent event, Microsoft Azure’s CTO Mark Russinovich and Westpac’s CTO David Walker discuss some of the tech giant’s recent research and sustainability plans, plus cybersecurity issues and cloud migration strategies.
With their eyes firmly set on 2022 after another eventful year, global investment managers see five key investment themes shaping up as the ones to watch in the year ahead.
We still believe the RBA will begin raising rates in the first quarter of 2023, while the market believes 2022. But most importantly, we’re going to see very, very strong growth next year.
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