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24/08
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Despite a sliding net interest margin, Wespac says it has no plans to hike mortgage rates out of step with the Reserve Bank of Australia
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23/08
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ANZ and Westpac have both posted solid third-quarter profits - but are warning that the future outlook is less rosy
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6/05
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National Australia Bank first-half net profit plummeted more than 21% to just over $2bn, while Westpac recorded a 32% rise in first half profits to a record of almost $3bn
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17/02
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Westpac has topped expectations with a first quarter cash profit of $1.6 billion due to halved bad debt charges and above industry growth in home lending.
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13/01
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Westpac chief Gail Kelly has added her voice to the growing sentiment that Australians need to stop living beyond their means.
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17/12
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The Reserve Bank of Australia has challenged bank rate hikes by pointing out that profits from lending have returned to pre-crisis levels.
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8/12
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Less than a week since announcing Westpac's 45bps interest rate increase, Peter Hanlon has been replaced as head of the bank's retail and business banking business division.
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8/12
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Westpac's chief executive broke her silence on the bank's dramatic rate rise yesterday, defending Westpac's decision to almost double the Reserve Bank of Australia's .25% increase to the official cash rate.
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11/11
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ANZ boss Mike Smith's total remuneration for 2009 was close to $13m, making him one of the highest paid CEOs in the country.
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5/11
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Westpac revealed yesterday in its full-year results that its commercial property exposure dropped from 10% last December to 9.1%.
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