Browsing Tag
Westpac Banking Corporation
6 posts
The big banks bleed: Why the S&P/ASX 200 Financials Index (XFJ) is staring at a fresh three-month low
Banks are repricing faster than retail investors expected. The RBA went hawkish, Westpac's margins slipped, NAB's profit dropped. The 16 June meeting decides the next leg.
Tabcorp (ASX: TAH) collapse deepens as AUSTRAC compliance probe revives 2017 AML breach memories
Tabcorp paid A$45m for AML breaches in 2017. AUSTRAC just sent another letter. The market priced in the worst case before management could speak.
Westpac shares run 3.1% as HY26 result and dividend chase fuel WBC bid
Westpac just delivered A$3.4bn profit and a 77c franked dividend. Brokers are still split between A$31 and A$40. The market has picked a side.
APRA’s new three-tier bank classification could reset the rules of competition for Australia’s financial sector
APRA’s three-tier bank classification plan could transform compliance, boost small bank competition, and define MSFIs. Find out what’s changing in 2026.
BCI Minerals secures A$981m for Mardie Salt and Potash Project
BCI Minerals Limited has achieved a pivotal milestone in its Mardie Salt and Potash Project, successfully attaining financial…
Westpac share price plunges as CEO Peter King resigns amid market uncertainty
Westpac Banking Corporation has seen its share price decline by approximately 2% to $31.49 following the sudden resignation…