Tag: Westpac

Westpac has announced a change in policy for credit card owners and will now charge interest on interest and as well as on fees paid by customers for items such as late payments.

Consumer confidence has continued to rise, despite steady increases in the official cash rate by the RBA since October last year. With continued growth in the labour market and a higher Aussie dollar key to the result. The Westpac-Melbourne Institute of Consumer Sentiment Index for March, which measures the perceptions of consumers towards their future […]

Westpac will begin offering customers interest free ‘green loans’ from today, worth up to $10,000.

A new survey commissioned by Westpac and conducted by TNS, has found that business women are less optimistic about the economic downturn that their male counterparts. The survey of financial decision makers in small and medium sized businesses found that 60 percent of women are less confident in their ability to successfully manage their business […]

Moody’s Investors Service has given Australian banks some not so good news, cutting it’s ratings outlook to negative as a result of a slowing economy and mounting debts. In the first time since the 1991 recession, Australia’s big four banks have had a negative outlook on their AA ratings. The ANZ, Commonwealth Bank, Westpac and […]