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Showing 71 - 80 of 109 results for "Westpac SA"

Shorten urges banks to stand by staff

CLAIRE MCGREAL  |  FRIDAY, 3 FEB 2012
Financial Services Minister Bill Shorten has urged Australia's banks not to fall victim to "corporate amnesia". It follows news yesterday that Westpac, which made over $6 billion in profit last year, would be slashing up to 560 jobs as part of cost ...

Westpac Group restructure, Coombe resigns

CLAIRE MCGREAL  |  THURSDAY, 24 NOV 2011
Westpac has announced a major group structural shake-up, which sees the creation of two new divisions, senior appointments and the resignation of group executive Rob Coombe. The new Australian Financial Services (AFS) division combines Westpac Retail ...

Westpac rise in cash earnings reflects strong results in retail and wealth

CLAIRE MCGREAL  |  WEDNESDAY, 2 NOV 2011
Westpac has posted strong financial results, with a 10 % increase in full year profits. In the 12 months to September 30 the group's net profit rose from $6.3 billion in 2010 to $6.9 billion, while cash earnings were also up 7 % to $6.3 billion. "It ...

Market Wrap - Midday

AAP  |  TUESDAY, 31 MAY 2011
The Australian share market was nearly one per cent higher at noon on weak volumes, with gains across the materials and finance sector. At 1205 AEST, the benchmark S&P/ASX200 index was up 41.8 points, or 0.9 per cent, at 4,709.3 points, while the broader ...

BT Group profits rise $29 million

ALISON BEVEGE  |  WEDNESDAY, 4 MAY 2011
BT Financial Group's profits rose by 14 per cent to $243 million in the six months to March - a stellar result driven by an improvement in the funds management business, Westpac Group said today. The wealth management firm's $29 million rise in economic ...

Westpac launches Bank of Victoria

MATT WOODINGTON  |  THURSDAY, 10 MAR 2011
St.George bank branches in Victoria are renamed Bank of Melbourne giving the Westpac subsidiary a fresh identity within the state. Westpac will establish over 100 Bank of Melbourne branches and corporate banking centres over the next five years, as ...

BT earnings up despite floods

MATT WOODINGTON  |  TUESDAY, 15 FEB 2011
BT Financial Group saw revenues and earnings rise in the first quarter of 2011 despite an increase in insurance payouts brought on by the recent floods, which have so far cost Westpac $50 million. Updating the market on its overall performance over ...

Westpac gives employees 12 months super pay

COMPANY RELEASE  |  TUESDAY, 29 JUN 2010
Westpac has unveilled plans to pay superannuation on unpaid parental leave for all permanent employees, starting next month. In a press statement released today, the bank announced it would pay up to 39 weeks in employee super contributions, in addition ...

ANZ Super reviews trustees

RUTH LIEW  |  MONDAY, 4 MAY 2009
The $1.7 billion ANZ Staff Superannuation Scheme is on the hunt for trustees to join its board - a move that echoes Westpac Staff Super's recent call for members to elect two directors to its own board. Over the next few months, ANZ will be holding ...

Market Wrap - Midday

AAP  |  TUESDAY, 3 MAR 2009
The Australian stock market was around 1.5 per cent lower at noon ahead of the Reserve Bank of Australia's interest rate decision, after diversified financials and transport stocks helped the market claw back some lost ground. At 1200 AEDT, the benchmark ...