Westpac

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Westpac admits it broke law and agrees to pay $113m in penalties
Asic hit bank with six lawsuits over shoddy treatment of customers – including charging fees to dead people

Ben Butler

30, Nov, 2021 @12:17 AM

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Asic accuses Westpac of insider trading over $12bn Ausgrid privatisation deal
Corporate regulator alleges the big bank used inside information to execute the largest interest rate swap in Australian history

Ben Butler

05, May, 2021 @7:05 AM

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Under the cover of Covid, Morrison wants to scrap my government's predatory lending protections | Kevin Rudd
The PM wants to repeal laws my government introduced to protect Australians – and the banks are popping champagne corks

Kevin Rudd

05, Oct, 2020 @3:16 AM

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Westpac to pay record $1.3bn fine after money laundering and child exploitation investigation
Australian bank is accused of breaching laws more than 23m times including allowing customer transfers consistent with child exploitation

Ben Butler

23, Sep, 2020 @10:35 PM

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Westpac says money laundering and counter-terrorism breaches may be 450,000 more than suspected
Bank discloses more breaches to Austrac in response to scandal that resulted in legal action and resignation of CEO and chairman

Ben Butler

28, Jul, 2020 @1:35 AM

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Australian car buyers launch class action against Westpac over alleged secret dealer commissions
Hundreds of thousands of buyers allegedly paid as much as three times the normal bank interest rate when arranging finance through a car dealer

Ben Butler

16, Jul, 2020 @10:39 AM

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Westpac to repay $8m to 8,000 workers underpaid for long service leave
Bank joins long list of Australian companies, including Commonwealth Bank, who have underpaid staff

Ben Butler

03, Jul, 2020 @7:59 AM

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Westpac admits it broke law over customers' transactions allegedly linked to child exploitation
Bank files its defence to an Austrac lawsuit that accuses it of more than 23m breaches of anti-money laundering laws

Ben Butler

15, May, 2020 @10:23 AM

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Watchdog oversees $160m in payouts from Australian banks that sold junk insurance
Eleven lenders are compensating more than 434,000 customers after selling them insurance they couldn’t use

Ben Butler

13, May, 2020 @5:30 PM

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Government releases Covid-19 app legislation – as it happened
15th death reported at Newmarch House aged care home; Andrew Constance expected to nominate for Eden-Monaro byelection; and 19 people test positive at Victorian meat processing plant. This blog is closed

Luke Henriques-Gomes (now) and Ben Smee and Amy Remeikis (earlier)

04, May, 2020 @10:20 AM

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Westpac to withdraw support for thermal coalmining after 2030
Bank says climate change is a financial risk and addressing use of fossil fuels will create opportunities

Adam Morton Environment editor with AAP

04, May, 2020 @5:38 AM

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NRL announces 20-round competition restarting on 28 May – as it happened
Current competition ladder will be in place when games resume and grand final will be held on October 25. This blog is now closed

Ben Doherty (now), Josh Taylor (earlier) and Amy Remeikis (earlier)

28, Apr, 2020 @10:01 AM

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