ASX:WBC

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ASX:WBC

A record breaking week: ASX closed 0.4% lower

26 Jul 2019 - The ASX closed the week broadly higher despite losses today. After opening in the red this morning the local bourse managed to gain momentum closing 0.4% lower. Banks…

Oil companies brace for Tropical Storm Barry: ASX closed 0.4% higher

11 Jul 2019 - It has been a positive day of trade for the ASX. After the local bourse managed to gain momentum closing 0.4% higher. BHP (ASX:BHP) has joined other oil companies in …

APRA orders NAB, Westpac and ANZ to put aside additional capital

11 Jul 2019 - National Australia Bank (ASX:NAB) today noted the APRA announcement applying additional capital requirements to them and Westpac (ASX:WBC) and ANZ (ASX:ANZ) in respon…

APRA increases banks capital requirement by 3%, moves deadline: Aus shares lose 0.1%

09 Jul 2019 - Investor concern ahead of Fed chair Wednesday testimony weighs on Aussie shares. Pilbara Minerals (ASX:PLS) signs new Great Wall offtake agreement, sales/production t…

Back into record territory on Ausdrill rally, rates cut in July: ASX 0.2% higher

24 Jun 2019 - Aussie shares back close 0.2% higher after spending most of the day in the red. Westpac (ASX:WBC) expects rates to be cut in July. Navitas’ (ASX:NVT) BGH takeover now…

On the heels of a new all-time high: Aus shares close 1.2% higher

19 June 2019 - Australian share market eyes all-time highs after closing at 6,648, not far from the 6,828.7 pts high hit on 1 November 2007. Bluescope Steel (ASX:BSL) rises EBIT gu…

WBC hires head of new business division, Guilherme Lima

19 Jun 2019 - Westpac (ASX:WBC) has hired Guilherme (Guil) Lima as chief executive of its business division. He is currently HSBC Hong Kong’s group head of wealth management.

A fair go for Australia, Financials bounce back from Labor scare selling: ASX closes 1.7% higher, near 12 yr highs

20 May 2019 - Market receives 'a fair go' after the ASX rises 1.7% or 111 points. Financials bounce back from pre-election selling, which preempted Labor potentially winning. WBC s…

New 12-year highs on Coalition win, ASX hits 6,478 pts: Aus shares up 1.3% at noon

20 May 2019 - ASX soared to new 12-year highs this morning on the banking sector rising 5%, clawing back from May's selling. Westpac (ASX:WBC) shares up 7.2%, NAB (ASX:NAB) up 6.7%…

Citadel Group appoints Sam Weiss: Aus shares close 0.7% higher

16 May 2019 - The ASX200 opened slightly lower and took a dip this morning when unemployment figures for April came in weaker than expected. It managed to rally over the afternoon …

Unemployment rate steady at 5.1%: Aus shares 0.1% higher at noon

16 May 2019 - The Australian share market opened slightly lower this morning following positive leads from Wall Street. It has made ground over the first two hours of trade continu…

CYBG first half profit drops: ASX set to open higher

16 May 2019 - The ASX is set to open higher this morning following positive leads on Wall St. US investors were optimistic that the US was close to resolving its steel and aluminiu…

Wall Street futures plunge: ASX closes 0.8% lower

06 May 2019 - It has been a negative day of trade for the ASX. After opening in the red the local bourse managed to lose momentum to close at 0.8%. Trump says China trade talks are…

Westpac profit slumps: ASX tracking 1.1% lower at noon

06 May 2019 - The ASX fell at the open and is now tracking 1.1% lower at noon. Trump has increased pressure on China to reach a trade deal by announcing he'll hike tariffs. Wall St…

Westpac profit tumbles 24% on compensation costs

06 May 2019 - Westpac's (ASX:WBC) half-year profit has fallen by almost a quarter as the cost of customer compensation mounts amid weaker business conditions.

Westpac accelerates Bemis acquisition

12 Apr 2019 - Banking major, Westpac Banking Corporation (ASX:WBC) has accelerated its completion date for the self-funding installments over securities in Amcor to 1 May 2019.

Corporate Travel Management appoints new chairman

22 Mar 2019 - The board of Corporate Travel Management (ASX:CTD) has announced that Ewen Crouch will take over from Tony Bellas as chairman. Mr Crouch is currently a director of We…

Lacking direction, New Hope falls 12%: Aus shares closed flat on Tuesday

19 Mar 2019 - Cann Group (ASX:CAN) buys Victorian Mildura site for $11m to build a greenhouse to produce medical cannabis, inks 5-year offtake agreement, reinstates revenue guidanc…

Westpac exits financial advice business, announces executive changes

19 Mar 2019 - Westpac (ASX:WBC) has today announced it is quitting the personal financial advice business and overhauling its management structure.

The prospects for Westpac and Woolworths

25 Feb 2019 - Fairmont Equities managing director Michael Gable takes a technical look at Westpac Banking Corp, Woolworths Group, Austal and Chorus.

Bank Royal Commission legislation, CBA results, 4 stock ideas, RBA comment

06 Feb 2019 - Fund Manager, Chris Pedersen talks about Bank Royal Commission legislation, looks at CBA results, 4 stock ideas and RBA comment.

Financial Inquiry pushes ASX to 4-month high: Aus shares 1.9% higher at noon

05 Feb 2019 - Market at Midday. ASX back above 6,000 points on banks and AMP rallying on the final report from the Royal Commission into Misconduct in the Banking, Superannuation a…

Westpac says focus on learning from mistakes

05 Feb 2019 - Westpac (ASX:WBC) CEO Brian Hartzer says today's release of the final report of the banking Royal Commission is a turning point in the ongoing rebuild of community tr…

LiveTiles launches Airline Bot with Microsoft: ASX closes 0.4% up

24 Jan 2019 - Pushing through the afternoon the ASX closed 0.4% up. Energy was the best performing sector today adding 2.1% while the worst performing sector was REIT. A jobs repor…

Rocky start to the trading year: ASX tracking 0.1% lower at noon

02 Jan 2019 - The ASX started the trading year opening lower and is now tracking 0.1% at noon. The major banks saw some small losses with Westpac (ASX:WBC) seeing a 1 per cent drop…