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ASX:WBC

Westpac Group (ASX:WBC) to make $275 million on sale to Allianz

02 Dec 2020 - Westpac Group (ASX:WBC) is set to make $725 million from the sale of Westpac General Insurance Limited and Westpac General Insurance Services Limited to Allianz.

Four stocks that look vulnerable

16 Nov 2020 - Fairmont Equities Managing Director Michael Gable takes a technical look at Coles Group (ASX:COL), Woolworths Group (ASX:WOW), Westpac Banking Corp (ASX:WBC) and Rel…

US election gridlock continues: Aus shares leap 4.2% over week

06 Nov 2020 - It has been a massive week for markets. On Tuesday the RBA slashed rates to a new historic low of 0.1 per cent. The Commonwealth Bank of Australia (ASX:CBA), the Nati…

RBA, Election, Focus on WBC, SDF, MTS

04 Nov 2020 - Fund Manager Chris Pedersen discusses the impacts of the RBA's cash rate cut, the US Federal Election and analyses WBC, SDF and MTS

Building approvals give the market a boost: ASX ends 0.4% higher

02 Nov 2020 - The local share market has finished a choppy session in the green, recouping some of its losses from Friday. But there could be more volatility ahead this week as inv…

Local shares seesaw to 0.2% gain: Building approvals skyrocket in September

02 Nov 2020 - The local share market has kicked off the week on a positive note despite weak leads from the US and increasing nervousness around the US election. The S&P/ASX200 is …

Aus shares to rise: Westpac post 66% fall in net profit

02 Nov 2020 - Local shares are set to rise this morning despite a tech rout on Wall Street last Friday. In the US stocks fell on Friday, putting the lid on a difficult week in whic…

US tech earnings beat expectations: Aus shares 0.1% lower at noon

30 Oct 2020 - As predicted, the ASX200 bounced at the open after quarterly earnings of major US tech stocks - Facebook, Apple, Twitter and Alphabet exceeded analyst expectations.

Export and import prices fall in September quarter: ASX is tracking 1.2% lower at noon

29 Oct 2020 - The ASX dropped at the open and is now tracking 1.2% lower at noon. Seek (ASX:SEK) took a hit today as they took a pause in trading awaiting an announcement. All the …

Banks & miners weigh, Coca Cola pops 16.3%: ASX finishes 0.2% lower

26 Oct 2020 - The local share market has finished the session lower. The S&P/ASX 200 Index dropped 11.4 points, or 0.2 per cent, to 6156, declining for a third straight session. It…

Takeover bids help ASX take off: Aus shares 0.4% higher at noon

26 Oct 2020 - The local share market has kicked off the week on a positive note with help from a couple of takeover bids. The S&P/ASX 200 is up 0.4 per cent or 22 points at 6189. T…

Westpac (ASX:WBC) reveals $1.2b hit to second-half results

26 Oct 2020 - Westpac (ASX:WBC) has revealed new charges and provisions worth more than $800m that will combine with previously-announced Austrac penalty matters to take a $1.2bill…

Banks & miners end 7-day gain streak: Aus shares close 0.3% lower

14 Oct 2020 - The ASX200 saw plenty of seesaw movement on the market, as banks and big miners weighed down the market. New South Wales has recorded 11 new community-transmitted cor…

Banks offset gains by CSL and James Hardie: Aus shares 0.04% lower at noon

14 Oct 2020 - Australian shares have clawed back from early lows to be flat at noon as the big banks offset gains by CSL, James Hardie and Sonic Healthcare. The ASX is 0.04% or 3 p…

Telstra takes off: ASX closes 1% higher to 7-month high

13 Oct 2020 - The local share market has powered to its highest level in seven months and its seventh positive consecutive session. The big banks led the gains with Westpac rising…

Market lifts amid budget bounce: ASX up 0.4% at noon

07 Oct 2020 - The Australian sharemarket has bounced back from morning lows despite US markets plunging after Donald Trump tweeted he would halt stimulus talks until after the elec…

Changes to Lending Laws, WBC, TWE & DXS

30 Sep 2020 - Fund Manager Chris Pedersen discusses changes to lending laws, WBC, TWE & DXS.

Westpac (ASX:WBC) report acting Chief Executive of WIB is to retire

29 Sep 2020 - Westpac (ASX:WBC) today announced that Acting Chief Executive, Westpac Institutional Bank (WIB), Curt Zuber, will be retiring from Westpac next year.

All the sectors in the red: ASX closes 0.8% lower

24 Sep 2020 - It has been a negative day of trade for the ASX. After a drop at the open, the local bourse closed 0.8% lower. Shares in Avita Therapeutics (ASX:AVH) fell over 7%, Ra…

Household wealth recovers in June quarter: ASX tracking 1.1% lower at noon

24 Sep 2020 - The ASX fell at the open and is now tracking 1.1% lower at noon. Westpac (ASX:WBC) shares were down this morning after agreeing to pay a $1.3 billion fine for its fai…

The Westpac Group (ASX:WBC) settles AUSTRAC case for $1.3 billion

24 Sep 2020 - The Westpac Group (ASX:WBC) has reached an agreement with AUSTRAC and resolved to pay a $1.3 billion fine for breaching anti-laundering laws.

ASX cements 3 day losing streak: Shares finish 0.7% lower

21 Sep 2020 - The local sharemarket has ended the session firmly in the red cementing a 3 day losing streak. At the closing bell the S&P/ASX 200 finished 0.7 per cent lower or 42 p…

ASX higher: Macquarie drags after flagging $300m hit to profits

14 Sep 2020 - Australian shares have opened firmly higher this morning with strong gains from major resources stocks offsetting a heavy loss from Macquarie Group.

A charting look at Westpac shares

24 Aug 2020 - Fairmont Equities Managing Director Michael Gable takes a technical look at Westpac Banking Corp (ASX:WBC), Lovisa Holdings (ASX:LOV), Eagers Automotive (ASX:APE) and…

Suncorp Group (ASX:SUN) set to divest oil and gas: Aus shares down 0.3% over week

21 Aug 2020 - After a strong start, the ASX slumped mid-session and tracked sideways for most of the afternoon to finish the day 0.1 per cent lower. Suncorp (ASX:SUN) jumped over 1…