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Showing 141 - 150 of 183 results for "Westpac bank"

RBA to hike rates to 5.25 per cent next week: economists

AAP  |  FRIDAY, 28 NOV 2003
... economic picture was improving and noting the housing market continued to be buoyant. ANZ Bank, the Commonwealth Bank, Westpac Bank, Citigroup, AMP Henderson, UBS and Royal Bank of Canada all tipped another rate rise, taking the cash rate to 5.25 per ...

Afternoon market wrap: Australian shares close higher

WITH AAP  |  WEDNESDAY, 19 NOV 2003
The Australian share market pulled into positive territory today, helped by strength in the banking sector. The benchmark S&P/ASX 200 index ended six points firmer at 3181.4 while the all ordinaries was 3.7 points higher at 3189.1. By 1628 AEDT on the ...

Business lending may not match home loan slump: KPMG

AAP  |  THURSDAY, 13 NOV 2003
Banks could struggle to make up for a slowdown in mortgage growth by increasing loans to businesses, according to financial services group KPMG. Australia's big banks have pinned their hopes on an upswing in business lending to counter a slowdown in ...

ANZ raises standard variable home loan rate by 0.25 per cent

AAP  |  FRIDAY, 7 NOV 2003
ANZ Banking Group Ltd today said it will raise its standard variable home loan rate by 0.25 per cent to 6.82 per cent. It is the first major Australian bank to lift its home lending rates since the Reserve Bank of Australia increased the official cash ...

Afternoon market wrap: Shares, dollar end higher

The Australian share market made it into positive territory just before the close of trading today, despite being weighed down by the banking sector for most of the session. Gains by market heavyweight News Corp and resource stocks managed to reverse ...

Westpac delivers double-digit cash earnings growth

Westpac Banking Corporation today reported an increase in cash earnings to $2,271 million for the full year ended September 2003, up 10 per cent on the 2002 result excluding the non-recurring significant items in that year. Operating profit after tax ...

September retail sales may fall: economists

AAP  |  THURSDAY, 30 OCT 2003
... far as it will so I think that's why you are getting the moderation in growth, back to more a sustainable level." Westpac Bank senior economist Andrew Hanlan said the figure could drop by 0.2 per cent in September amid anecdotes of softer monthly EFTPOS ...

Morning Market Wrap: Soft start

The Australian sharemarket is likely to follow the soft lead higher from Wall St overnight, with the focus on Westpac Bank's annual results and a raft of annual general meetings. In New York, the Dow Jones moved slightly ahead, as investors paused after ...

Westpac appoints New Zealand director

Westpac Banking Corporation chairman Leon Davis has announced the appointment of Peter Wilson to the company's board of directors. Mr Davis welcomed Mr Wilson's appointment, saying his background in financial services in New Zealand and experience as ...

Cicutto reappointed as NAB chief

AAP  |  FRIDAY, 24 OCT 2003
National Australia Bank Ltd has reappointed chief executive Frank Cicutto for another three years, continuing recent moves by the nation's other big banks to hold onto current leadership. Mr Cicutto will stay on until October 2006 with his annual base ...