Westpac Banking Corp


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As of on the Australian Stock Exchange Ltd ∙ Minimum 15 minute delay


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Next Event

Full Year 2020 Westpac Banking Corp Earnings Release

Latest Developments


Afterpay To Collaborate With Westpac To Offer Savings Accounts

Westpac To Consolidate International Operations, Exits China and other countries

Westpac Announces Acting Chief Executive, Westpac Institutional Bank Curt Zuber To Retire


About Westpac Banking Corp

Westpac Banking Corporation is a banking organization. The Company provides a range of banking and financial services in these markets, including consumer, business and institutional banking and wealth management services. The Company’s operations consist of various divisions including Consumer, Business, Westpac Institutional Bank (WIB) and Westpac New Zealand. Consumer division is responsible for sales and service to consumer customers in Australia. Business division provides business banking and wealth facilities and products for customers across Australia. WIB delivers a broad range of financial products and services to commercial, corporate, institutional and government customers operating in, or with connections to Australia and New Zealand. Westpac New Zealand is responsible for sales and service of banking, wealth and insurance products for consumer, business and institutional customers in New Zealand.


Regional Banks

Contact Info

L 18 275 Kent St





Executive Leadership

John McFarlane

Non-Executive Independent Chairman of the Board

Peter Francis King

Chief Executive Officer, Managing Director, Executive Director

Michael Rowland

Chief Financial Officer

Guilherme Lima

Chief Executive of Business division

David Alexander McLean

Chief Executive Officer - Westpac New Zealand Limited

Key Stats

2.50 mean rating - 14 analysts
Revenue (MM, AUD)
















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Latest News

Latest News

UPDATE 2-Afterpay, Westpac link up for Australia savings accounts

* Afterpay gets deeper look at users' financial habits (Adds Afterpay shares, details of partnership, analyst comment, Zip news)

UPDATE 2-Australia's Westpac to exit China, other Asia markets as focus swings to home

Australia's Westpac Banking Corp is exiting banking operations in China and some other Asian markets to focus on its core domestic and New Zealand businesses, as it grapples with capital constraints amid the COVID-19 pandemic.

Australian shares end higher as govt signals ease in lending standards

Australian shares ended the week on a positive note, boosted by heavyweight banks, as investors cheered the government's signals to ease lending standards to free up credit and revive the pandemic-hit economy.

Australia shares jump as banks cheer easing of lending laws

Australian shares climbed more than 1% on Friday, with the "Big Four" banks among top boost to the benchmark index, after the government said it would simplify bank lending rules to free up credit in a bid to stimulate the coronavirus-hit economy.

Australia's Westpac agrees to $920 million fine over exploitation payments

Australia's Westpac Banking Corp <WBC.AX> agreed on Thursday to pay a record A$1.3 billion ($920 million) fine to settle a lawsuit accusing it of enabling millions of payments to people exploiting children, closing off its darkest chapter.

Westpac expects monetary easing by Australia central bank in October

Westpac <WBC.AX> economist Bill Evans said on Wednesday he now expects Australia's central bank to cut the cash rate and the three-year bond yield target to 10 basis points at its Oct.6 board meeting.

Australia will stay patient for now - Westpac chief economist

The Reserve Bank of Australia (RBA) is seen unlikely to lower rates further to 0.1% at this stage, Westpac Chief Economist Bill Evans said on Tuesday as odds narrow for further monetary policy easing.

New Zealand consumer confidence drops in third quarter to lowest since 2008

Consumer confidence in New Zealand slipped again in the third quarter and is languishing at levels last seen during the financial crisis in 2008, a survey showed on Tuesday.

Westpac sells vendor finance business to focus on core banking

Australia's Westpac Banking Corp <WBC.AX> on Friday agreed to sell its vendor finance business to a U.S. private equity firm, as part of its strategy to focus on core banking operations and trim its portfolio of underperforming businesses.

Australia's Westpac scraps dividend as coronavirus crisis squeezes capital

Westpac Banking Corp <WBC.AX> scrapped its interim dividend on Tuesday, becoming the first major Australian bank to officially cancel a shareholder payout amid the coronavirus crisis, knocking its share price lower.

UPDATE 1-Westpac to move 1,000 overseas call centre jobs to Australia

Westpac Banking Corp said on Wednesday it will bring back 1,000 call centre jobs to Australia from overseas to meet growing demand for customer assistance due to the coronavirus pandemic.

Westpac to move 1,000 overseas call center jobs to Australia

Westpac Banking Corp said on Wednesday it will bring back 1,000 mostly call center jobs to Australia from overseas to meet growing demand for customer assistance due to the coronavirus pandemic.

UPDATE 1-Westpac hands regulator more transaction info, says not all break money-laundering laws

Westpac Banking Corp said it gave updated information on more than 500,000 threshold transactions to Australia's financial crime regulator that it had not reported or were incomplete amid allegations it enabled millions of illegal payments.

Australian regulator to not appeal court ruling in Westpac home lending case

Australia's corporate watchdog said on Wednesday it would not appeal the Federal Court's dismissal of its lawsuit accusing Westpac Banking Corp <WBC.AX> of failing to meet responsible lending obligations in approving mortgages.

Westpac says regulator-ordered report finds governance 'immature and reactive'

Westpac Banking Corp <WBC.AX> said on Friday a regulator-ordered report found the lender had not made enough improvements to its risk management and culture even after it was sued for allegedly enabling payments between known child exploiters.

Westpac report finds management of non-financial risk 'immature and reactive'

Westpac Banking Corp said on Friday it was launching a multi-year programme to fix shortcomings in its management of non-financial risk that an internal report found to be "immature and reactive".

Australia's Westpac hit with class action over car loan commissions

Westpac Banking Corp <WBC.AX> said on Friday it has been served with a class action over commissions paid to auto dealers between 2013 and 2018 that are alleged to have led to higher interest rates for car loans.

Australia's scandal-hit Westpac names KPMG partner as CFO

Westpac Banking Corp <WBC.AX> on Tuesday named KPMG partner Michael Rowland as its chief financial officer, filing the last of its top three positions with permanent appointees more than six months after facing a major money-laundering scandal.

Australia's Westpac names Michael Rowland as CFO

Westpac Banking Corp on Tuesday named KPMG partner Michael Rowland as its chief financial officer.

Australia's Westpac to pay $5.5 million for staff underpayment, cites calculation errors

Australia's Westpac Banking Corp <WBC.AX> on Friday said it will have to pay A$8 million ($5.5 million) to around 8,000 employees who were found to have been underpaid their long-service leave entitlements due to calculation errors.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.