The Reserve Bank has left the cash rate on hold at 4.35 per cent, but a hawkish warning on inflation means borrowers should not assume the possibility of further rate rises are off the table.
A gap, a frustration, a problem no one else was solving. Meet the inaugural Westpac Female Founder finalists leveraging their lived experiences into innovative businesses across the country.
With property settlement just hours away, a young mum arrived at a Westpac branch ready to move $1.2 million - until a Westpac banker noticed a tiny detail that didn’t seem right.
Three in four first home buyers are open to purchasing in a location they hadn't originally considered, new Westpac data shows, as a generation redefines the great Australian dream and takes a more flexible approach to getting a foothold in the property market.
Risks including AI-powered scams, supply-chain disruption and economic uncertainty are reshaping business, says Westpac Risk General Manager Scott Kieran.
Fresh inflation figures showing annual price growth eased to 3.8 per cent have led Westpac to revise its interest rate outlook, with Chief Economist Luci Ellis now expecting rates to remain on hold for the rest of 2026.
For three decades, William ‘Bill’ Evans was the economist who saw around corners. From boardrooms to backyards, he will be remembered for his economic prowess and passion, coupled with an uncanny ability to help Australians make sense of a changing world.
With scams increasingly starting on digital platforms, Westpac says banks, telcos, government and social media companies must work together to stop criminals before they can reach Australians.
History is littered with technologies that promised to change everything. Some did. But as investment pours into artificial intelligence, Westpac Chief Economist Luci Ellis argues that the bigger risk may not be the technology itself, but how humans behave when they're convinced they've found the future.
Consumer confidence is recovering, even as many households remain under pressure. So why are Australians feeling better before they're actually better off?
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