|Bid||30.21 x 70600|
|Ask||30.24 x 6900|
|Day's range||30.00 - 30.30|
|52-week range||29.40 - 35.39|
|PE ratio (TTM)||13.18|
|Earnings date||7 May 2018 - 11 May 2018|
|Forward dividend & yield||1.22 (5.99%)|
|1y target est||33.71|
In a sign the market is getting comfortable with New Zealand’s new government, one major bank says the country’s currency is now trading above its fair value. Westpac analysts noted on Friday that the ...
The yen hit its strongest intraday level against the dollar in 15 months on Wednesday as the dollar weakened ahead of a release of US inflation data later in the day. The currency was up as much as 0.8 ...
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Find out why the Commonwealth Bank of Australia (ASX:CBA) was able to successfully raise low cost funding via a $1.25 billion Tier 2 bond
One of Australia's largest banks has apologised to Tasmanian pensioners for not sending their promised energy rebate cheques before Christmas. Westpac on Thursday apologised for the delays in posting the state government's promised $125 energy bonus after earlier making repeated assurances the cheques would be sent out on time. "Westpac apologises to Tasmanians who did not receive their cheques on time and are reviewing the procedures to ensure that this does not occur again," the bank said in a statement.
Australia's favourite big bank stocks are in for a tough 2018 and Hyperion Asset Management outlines reasons to stay away from the sector.
Westpac will pay about $11 million in compensation to interest-only home loan customers who were not switched to principal repayments when they should have been. The refunds will go to 9,400 customers who held owner-occupier interest-only variable home loans, most of which had interest-only periods that expired between 2009 and 2016. A processing error led to these customers continuing to make interest-only repayments after the interest-only period ended, rather than being switched to principal and interest repayments.