Tag: Westpac

Westpac have announced a series of initiatives to help to support Australia’s small business community, focusing on a new and revitalised online BusinessIQ.

National Australia Bank (NAB) has joined rivals Westpac and StGeorge Bank in paying employees superannuation on unpaid parental leave.

Westpac Group, including St George, BT Wrap and Westpac Bank will pay employees superannuation when taking unpaid parental leave beginning July 1st.

Australia’s banks may find themselves forced to cut discounts on home loan rates to avoid having to increase their standard variable home loan rates outside the RBA’s changes.

The June quarter 2010 ACCI-Westpac Survey of Industrial Trends showed a marked softening of manufacturers’ General Business Sentiment for the second half of 2010.

The Westpac–Melbourne Institute Leading Index, which forecasts the likely pace of economic activity three to nine months into the future, delivered an annualised growth rate of 7.6 percent for April.

Westpac–Melbourne Institute’s Consumer Sentiment Index slumped a further 5.7 percent in June after falling 7 percent in May, with interest rate pressure starting to mount on consumer’s confidence.

National Australia Bank (NAB) and Australia and New Zealand Bank (ANZ) held secret talks in 2008 to merge, but plans were scuttled by the Federal Government The Australian reports.

National Australia Bank (NAB) has recorded the worst customer service of the big four banks across two separate surveys released this week.

ANZ and St George Bank have emerged as the clear industry leaders in terms of business consumer’s satisfaction, a new report from the TNS Business Finance Monitor (BFM) has shown.