Podcasts about Westpac

This week, Scott talks to Motley Fool analyst Benny Ou about Australia’s oldest bank, Westpac (ASX:WBC).See omnystudio.com/listener for privacy information.

New data shows consumer confidence has gone up - but overall levels show people are feeling more pessimistic than optimistic about the economy. The Westpac McDermott Miller Consumer Confidence index rose two points in June to 91.2, a modest rise from last quarter's drop. Westpac senior economist Satish Ranchhod says negative news and the rising cost of living are contributing to an uncertain outlook, but confidence is likely to improve once more mortgages drop. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Doubts over the $300 billion AUKUS defence joint venture after the Pentagon orders a review into the deal. Plus, NEXTDC announces a $2 billion project in Melbourne, Westpac's chief economist predicts the RBA's next move.See omnystudio.com/listener for privacy information.

Division 296 is coming. With its significant win in the recent Federal election, the Government is on track to introduce legislation for this measure, possibly within the first few sitting days when Parliament resumes in July. What should clients be doing, and when should they do it by? Disclaimer: Information current as at 11 June 2025. This podcast has been prepared by BT Portfolio Services Limited ABN 73 095 055 208 AFSL 233715 (BTPS), the operator of Panorama Investments; and BT Funds Management Limited ABN 63 002 916 458 AFSL 233724 (BTFM) the trustee of Panorama Super, which is part of Asgard Independence Plan Division Two ABN 90 194 410 365. Westpac Financial Services Ltd ABN 20 000 241 127 AFSL 233716 (WFSL) is the responsible entity and issuer of interests in BT Managed Portfolios. Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714 (Westpac) is the issuer of the BT Cash Management Account and the BT Cash Management Account Saver. Together, these products are referred to as the Panorama products. BTPS, BTFM and WFSL are subsidiaries of Westpac. A Product Disclosure Statement or other disclosure document (PDS) and target market determination (TMD) for the Panorama products can be obtained by contacting BT on 1300 784 207 or by visiting bt.com.au. A person should obtain and consider the PDS and TMD before deciding whether to acquire, continue to hold or dispose of interests in the Panorama products. This podcast has been prepared for use by advisers only. It must not be made available to any client and any information in it must not be communicated to any client. This podcast provides an overview only and should not be considered a comprehensive statement on any matter or relied upon as such. Projections given are predictive in character. Whilst we have used every effort to ensure that the assumptions on which the projections are based are reasonable, the projections may be affected by inaccurate assumptions or may not take into account known or unknown risks and uncertainties. The results actually achieved may differ materially from these projections. This information does not take into account your clients' personal objectives, financial situation or needs and so you should consider its appropriateness, having regard to these factors before acting on it. Awards are opinions only, are not recommendations and are only one factor to be taken into account when deciding to acquire, dispose or hold interests in BT Panorama. Awards and ratings are current at the time of publication but are subject to change. BTPS cannot give tax advice. Any tax considerations outlined in this document are general statements, based on an interpretation of current tax laws, and do not constitute tax advice. As such, you should not place reliance on any such taxation considerations as a basis for making your decision with respect to the product. As the tax implications of investing in this product can impact individual situations differently, you should seek specific tax advice from a registered tax agent or registered tax (financial) adviser about any liabilities, obligations or claim entitlements that arise, or could arise, under a taxation law. If you need more information to complete your tax return, please consult your accountant or tax adviser to obtain professional tax advice. Please keep your BT Tax Statement and this Guide for income tax purposes. The information in this commentary regarding legislative changes is intended as a guide only. It is not exhaustive and does not constitute legal advice. It is based on our interpretation of the law currently in force on the date of this document. BTPS does not undertake to provide any updates to the extent that any of the laws or regulations referred to change in the future. Consequently, it should not be relied upon as a complete statement of the relevant laws, the application of which may vary, depending on your clients' particular circumstances.

The Australian share market hit an all-time high, even with fears about tariffs and political instability hitting the market MARKET WRAP: ASX200: up 0.84% to 8,587 GOLD: $3,330 US/oz BITCOIN: $167,552 AUD Woodside rose 0.7%, Santos up 1.2% and Yancoal gained 4%, as oil prices were higher. Commonwealth rose 1.2% to $182 a share, with NAB up 1.5%, ANZ up 1.1% and Westpac up 1%. Austal shares lifted 7.3% to $6.19. Metcash up 3.5% to $3.51 Next DC 5.2% higher on news of contract wins. Ora Banda Mining still fell 4.6% to $1.05. Backwards by more than 1% were Seven Group Holdings, Evolution Mining and Qantas. CURRENCY UPDATE: AUD/USD: 65.1 US cents AUD/GBP: 48.3 pence AUD/EUR: 57 Euro cents AUD/JPY: 94 Japanese yen AUD/NZD: 1.08 NZ dollars See omnystudio.com/listener for privacy information.

Send us a question/idea/opinion direct via text message!This week Nick and Kelvin discuss the latest Home Value Index results, highlighting a surprising consistency in market weakness across major centers.  They explore the dynamics of regional markets, particularly Hamilton, and the potential emergence of a two-speed economy as recovery unfolds. The conversation delves into global economic trends, productivity growth challenges, and the impact of recent building work statistics. They also touch on loan terms and Westpac's successful economic forecasting, concluding with personal reflections on the current state of the market.Sign up for news and insights or contact on LinkedIn, X @NickGoodall_CL or @KDavidson_CL and email nick.goodall@cotality.com or kelvin.davidson@cotality.com

How important is empathy when it comes to marketing? Why do you sometimes need to actually meet your customers to create a great campaign?In today's episode, the team is joined by Dr. Maria Camacho to discuss this and more. Dr. Maria Camacho is a globally recognised expert in design thinking and strategic innovation, with 30 years of experience in academia, industry, and consulting. A PhD in Design Thinking and a former partner of Stanford's flagship programs, she has shaped innovation at Frog, Westpac, and global organisations. Now, she runs an independent practice as a speaker, trainer, and mentor, helping leaders navigate complexity, drive change, and build cultures of innovation through human-centred design.Maria and the team discuss the importance of understanding customer needs, the role of human connection in business, and how empathy can lead to innovative solutions. Maria shares insights from her extensive experience in design thinking and provides real-world examples of how empathy can enhance marketing strategies. The conversation emphasises the need for authenticity and ethical considerations in advertising, as well as the creative potential that arises from a deep understanding of customers.To Contact Dr Maria:https://www.linkedin.com/in/mariacamachodesign/Chapters00:00 Introduction to the Magical Learning Podcast03:31 Meet the Guest: Dr. Maria Camacho05:57 The Importance of Empathy in Design Thinking10:46 Human Connection in Marketing14:17 Empathy-Driven Marketing Strategies15:01 Case Study: Mustela's Innovative Approach20:02 Innovative Solutions for Parents21:57 Empathy in Understanding Client Needs23:02 Creating Value Through Client Connection25:59 The Ethics of Empathy in Advertising30:06 The Intersection of Empathy and Creativity31:32 Final Thoughts on Human Connection in MarketingAll Magical Learning podcasts are recorded on the beautiful lands of the Kulin, Ngunnawal and Wiradjuri nations, and we pay our respect to their elders past and present.As always, if you are having trouble, you can always send us a message.Listen to/watch this podcast here: ⁠⁠https://open.spotify.com/show/128QgGO....To find out more about our free content, sign-up for future webinars as well as our other services, go to ⁠⁠https://magicallearning.com/⁠⁠ and sign up!You can also find us on our socials: Instagram: / magical_learning Facebook: / magicallearningteam Linkedin: / magicallearning Youtube: / @magicallearning Have a Magical week!

Commonwealth Bank has become the first Australian company to reach a $300 billion valuation. To put that in perspective, NAB ($118bn), Westpac ($114bn) and ANZ ($88bn) together are worth $320 billion. How long can CommBank's outperformance last? That is what we try to understand in today's episode of Equity Mates. —------Want to get involved in the podcast? Record a voice note or send us a message—------Want more Equity Mates? Across books, podcasts, video and email, however you want to learn about investing - we've got you covered.Keep up with the news moving markets with our daily newsletter and podcast (Apple | Spotify)Check out our latest show: Basis Points (Apple | Spotify | YouTube) and read the accompanying Basis Points email—------Looking for some of our favourite research tools?Read our free ETF Investing HandbookDownload our free 4-step stock checklistFind company information on TIKRScreen the market with GuruFocusResearch reports from Good ResearchTrack your portfolio with Sharesight—------In the spirit of reconciliation, Equity Mates Media and the hosts of Equity Mates Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.—------Equity Mates Investing is a product of Equity Mates Media.This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional.Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.

Mecca has officially joined the billion-dollar club after clocking $1.2 billion in sales Westpac’s home loan brand RAMS is in hot water after ASIC alleged it enabled years of dodgy home loan behaviour Elon Musk’s artificial intelligence company xAI is launching a $300 million secondary share sale _ Download the free app (App Store): http://bit.ly/FluxAppStorel Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance —- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Combank hits $300b and GDP numbers affect the market MARKET WRAP: ASX200: up 75 points or 0.89% to 8,541.8 GOLD: $3,355.27 US BITCOIN: $163,115 A bumper day on the markets today after a favourable US jobs report overnight saw the ASX 200 climb close to an all time high - up 0.9% or 75 points to 8542. The sharemarket was buoyed by a 1% rally for the Commonwealth bank which topped $181 a share for the first time - making it the first ASX listed company to be valued at more than $300 billion dollars. The other banks followed suit, with Westpac seeing a 1.6% rise despite an ASIC decision to sue its subsidiary RAMS for alleged systemic misconduct. 9 of the 11 sectors finished higher, with telecommunications and staples finishing down 0.2 and 0.3% respectively CURRENCY UPDATE: AUD/USD: 65 US cents AUD/GBP: 48 Pence AUD/EUR: 57 Euro cents AUD/JPY: 93 Yen AUD/NZD: 1.08 NZ dollars See omnystudio.com/listener for privacy information.

This is the Fear and Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes. Eco growth weak Europe-Australia trade talks Teal wins final seat Westpac sued Dutch govt collapses Find out more: https://fearandgreed.com.auSee omnystudio.com/listener for privacy information.

This is the Fear and Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes. Eco growth weak Europe-Australia trade talks Teal wins final seat Westpac sued Dutch govt collapses Support the show: http://fearandgreed.com.auSee omnystudio.com/listener for privacy information.

This is the Fear and Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes. ASX rises Westpac changes One Nation win King’s message Trump tariff win Find out more: https://fearandgreed.com.auSee omnystudio.com/listener for privacy information.

This is the Fear and Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes. ASX rises Westpac changes One Nation win King’s message Trump tariff win Support the show: http://fearandgreed.com.auSee omnystudio.com/listener for privacy information.

Send us a question/idea/opinion direct via text message!In this special guest episode of the NZ Property Market Podcast, Kelvin Davidson and Satish Ranchhod discuss the inaugural co-branded Cotality Westpac NZ First Home Buyer Report.They explore the current economic landscape for first home buyers, key insights from the report, demographic trends, and the future outlook for the housing market.The conversation highlights the resilience of first home buyers in the market, the impact of interest rates on affordability, and the changing demographics of buyers.Sign up for news and insights or contact on LinkedIn, X @NickGoodall_CL or @KDavidson_CL and email nick.goodall@cotality.com or kelvin.davidson@cotality.com

SBS Finance Editor Ricardo Gonçalves speaks with Pat Bustamante from Westpac about today's monthly CPI Indicator which showed while prices remained within the RBA's target band, some essentials are rising and what it means for interest rates, plus the latest sharemarket thinking with Jun Bei Liu from Ten Cap.

The Reserve Bank's Monetary Policy Committee revealed it failed to reach a consensus today - before they voted to cut the OCR 25 basis points to 3.25 percent. But Westpac Chief Economist Kelly Eckhold says that's surprising. He explained that the fact someone is prepared to put their hand up and say they wouldn't support the move shows it was more a line-ball call than they were expecting. LISTEN ABOVESee omnystudio.com/listener for privacy information.

On the Heather du Plessis-Allan Drive Full Show Podcast for Wednesday, 28 May 2025, the Reserve Bank has cut interest rates but things are much more uncertain for the future. Westpac chief economist Kelly Eckhold told Heather it's significant that the Monetary Policy Committee didn't come to a unanimous decision. Hairdresser Hailey Ashton with her verdict on the new rules for hairdressers and barbers - and why she still won't let people bring their dogs to the salon. 86% of new homeowners have to call a tradie back in to fix something shortly after they move in. Master Plumber boss Greg Wallace tries to defend the tradies. Warehouse chair Dame Joan Withers on the Warehouse's new boss - and how she thinks the economy is going right now. Plus, the Huddle debates why we're not going to the movies anymore and whether we should top up our MPs Kiwisavers. Get the Heather du Plessis-Allan Drive Full Show Podcast every weekday evening on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVESee omnystudio.com/listener for privacy information.

SBS Finance Editor Ricardo Gonçalves speaks with Pat Bustamante from Westpac about today's monthly CPI Indicator which showed while prices remained within the RBA's target band, some essentials are rising and what it means for interest rates, plus the latest sharemarket thinking with Jun Bei Liu from Ten Cap.

The Reserve Bank's Monetary Policy Committee revealed it failed to reach a consensus today - before they voted to cut the OCR 25 basis points to 3.25 percent. But Westpac Chief Economist Kelly Eckhold says that's surprising. He explained that the fact someone is prepared to put their hand up and say they wouldn't support the move shows it was more a line-ball call than they were expecting. LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Reserve Bank's expected to cut interest rates again this afternoon, to aid economic recovery. Economists are projecting a 25 basis point OCR cut to 3.25% - the lowest cash rate since September 2022. Westpac chief economist Kelly Eckhold says beyond that, there's a bit more debate. He says told Ryan Bridge Westpac is forecasting they'll stop at three percent. Eckhold says next year if the global environment looks weak, then inflation could fall back quite rapidly - so some commentators are suggesting rates could get to 2.5%. LISTEN ABOVESee omnystudio.com/listener for privacy information.

– Rates drop… more to come? – Moody’s downgrades the US, and turmoil in the bond market – Westpac cutting jobsSee omnystudio.com/listener for privacy information.

Westpac’s new CEO is cutting 5% of its workforce to reduce costs after disappointing investors with first half year results. Mayne Pharma shares tumbled 40% after its potential buyer has threatened to walk away its $672 million takeover bid. Bitcoin hit an all-time high yesterday after breaking through the $110,000 USD barrier - and it’s now worth more than Amazon and Google. _ Learn more about iShares by BlackRock here Download the free app (App Store): http://bit.ly/FluxAppStorel Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance —- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes. Issued by BlackRock Investment Management (Australia) Limited ABN 13 006 165 975, AFSL 230 523. Refer to FSG available on our website. Before making any investment decisions, you should assess whether the product or service is appropriate for you and read the PDS and TMD available at blackrock.com.au.See omnystudio.com/listener for privacy information.

2025 മേയ് 21ലെ ഓസ്‌ട്രേലിയയിലെ ഏറ്റവും പ്രധാന വാര്‍ത്തകള്‍ കേള്‍ക്കാം...

Elon Musk recommits to Tesla; Twiggy Forrest warns on Chinese demand for iron ore; electric vehicle conversions growing for business transport; PwC escapes scrutiny earlier than expected; mortgage holders playing the waiting game for rate cuts; Westpac likely to cut 1500 jobs; and Grady Wulff joins us for the Market Wrap Host: Deborah Knight Executive Producer: Tom Storey Technical Producer: Liam Achurch Publisher: Nine RadioSee omnystudio.com/listener for privacy information.

Travel agency bookings for domestic flights have been softer, which could cause problems for Webjet. MARKET WRAP: ASX200: up 0.52%, 8386 GOLD: $3,292 US/ounce BITCOIN: $165,309 AUD Seek on track to hit the top half of guidance on its revenue and profit, sending shares up almost 7% to $23.69. Commbank up 1.5%, NAB up 1.2%, and ANZ up 0.3%. Even after signalling 1500 job losses would be on the way, Westpac still rose 0.2% Woodside and Santos both up by more than 1%. WebJet was flat as it reported a net profit after tax of $5.1 million. Mayne Pharma dropping almost 30% to $4.55 as its $672 million takeover by US-based Cosette looked under threat. James Hardie lost 6.2% after saying the US renovations market was not as strong as it would like. Down more than 1% was Aristocrat Leisure, Computershare and Suncorp. CURRENCY UPDATE: AUD/USD: 64.4 US cents AUD/GBP: 48 pence AUD/EUR: 57 Euro cents AUD/JPY: 92 yen AUD/NZD: 1.08 Dollars See omnystudio.com/listener for privacy information.

I don't know where the Head of Research at JLL, the commercial property company, I does his shopping, but it cannot be anywhere that I go. If you've ever wondered what the definition of gaslighting is, you may well have heard it this morning. Chris Dibble —the Head of Research at JLL— was on the wireless claiming that we have a critical under-supply of retail space in this country, and that to keep pace with population and demand we need to come up with a quarter of a million square metres in the next five years. Shopping centres and large format retail are experiencing solid demand, he reckons, and he told Mike Hosking CBD's strip vacancy rates are the lowest in Australasia. “The way that we've attacked this research is looked at basically the ratio between how much retail space we currently have and the population at the moment as well. And so when you look at that ratio, which is around about 0.5 square metres per person across the country, then when you look at the population growth that New Zealand's going to go through over the next sort of five years, we can understand that to keep their ratio we just need more space. “And so we are seeing a bit of development across the country, which is positive. It will help to start, I guess, eat away at some of this growth forecast that was required in retail floor space. But yeah, there will need to be a lot of that around in Auckland. They've got around about a third of all the retail supply across the country so from that perspective, it is a significant amount that will probably happen in Auckland.” I was listening to this, and I was thinking why don't we use the retail space that's vacant right now before we build anymore? The way he was talking it was that demand is such that you've got queues of retailers hammering on the doors of existing retailers, begging to take over the space, and that is simply not what I am seeing. I would love to know what your main street looks like? I know JLL is a commercial property leasing company, you have to talk up your business, but there's talking up and then there's downright delusional. If you have ventured into your local mall, how many sites are boarded up or being used as displays for the stores that remain or have these poor people sitting there gazing at you as you walk past, willing you to come into their store? They'd be lucky if they have four or five customers in a day. I've never seen it so bad. It's not just my anecdotal experience either. I thought it might have been, but according to OneRoof, New Zealand's commercial property market in 2024 has been one of the toughest in two decades. High interest rates, remote working online shopping leading to higher vacancy rates and soft rental growth. Bayley's commercial and capital figures show commercial property sales plummeted since 2021 in both volume and value, and we're sitting back where the market was in 2001 and 2002. Westpac said in early December the market had fallen around 10% since its peak in 2021. The value of sales dropped below $6 billion over the 12 months to June 2024, the lowest in more than a decade. So who's right? How can we possibly need up to a quarter of a million square metres of retail space in the next five years when so many shops are sitting empty? What are you seeing, because I am not seeing what Mr. JLL is seeing. The one thing I would agree with in the report is that along with the fact that we need three or four new 277's, is that Kiwis still value in-store experiences. And for those stores that remain, by crikey I do, I love a good in-store experience, and I get them. Where you've got people who've been in business for years who know their business, who know that there is online, so they upgrade their websites, they get with the programme. I was in Tauranga on Friday. There's a store called Wendy's there that's been there since 1984, and it's still doing a roaring trade. Great website, it was absolutely packed, knows its customers, and the staff were incredibly helpful. It's seen off recessions, it's seen off online shopping. If you know your stuff and you will have stores like that up and down the country, you stick with your knitting, you adapt with the times, you know what you're good at, you take on board what you need to grow with your customers, you'll be fine. And you cannot beat a good in-store experience, but bloody hell, it's tough out there. So how on Earth can we fill four or five massive new shopping complexes, which is what Chris Dibble was saying? Would it not be best to start with filling the existing stores that have vacant right now and have been vacant for far too long? See omnystudio.com/listener for privacy information.

In this episode of the Grow Your Wealth podcast, host Travis Miller chats with Simon Petris, co-founder of Revolution Asset Management. With an academic foundation in theoretical physics and a PhD in mathematics, Simon made a unique pivot into the world of banking and asset management. He shares how a chance opportunity at ANZ launched his finance career and the path that led him to roles at Challenger, CBA, and Westpac. Simon recounts the challenges and triumphs of founding Revolution Asset Management, now one of the leading private credit firms in Australia. This episode offers deep insights into private credit, the value of mentorship, and the courage required to leave corporate security for entrepreneurship. [00:00:00] - Introduction: Simon's Academic Roots and Early Career Ambitions [00:01:37] - From Physics to Finance: How a PhD Led to a Role at ANZ [00:04:14] - Life on a Dealing Floor: From Academia to Derivative Trading [00:06:37] - Growing Up in Melbourne: Family, Education, and Early Interests [00:08:27] - Finding His Footing: Mentors and Key Career Moves [00:09:54] - Challenger and Cap Stream: Learning from Industry Veterans [00:12:03] - Westpac Years: Portfolio Management and Investment Strategy [00:13:05] - Lessons in Capital Raising and Boutique Fund Formation [00:16:03] - Taking the Leap: Starting Revolution with Family Support [00:17:23] - Scaling Up: Revolution's Rise to $3.4 Billion in Assets [00:18:12] - Private Credit's Evolution: From Obscurity to Mainstream [00:19:17] - What Drives Simon: Competition, Education, and Trust [00:21:00] - Advice for Students: Networking and Staying Flexible [00:22:57] - Advice for Entrepreneurs: When to Leave and When to Leap [00:24:04] - Career Reflections: Openness, Listening, and Judgement [00:25:20] - Setbacks and Resilience: Learning from Failure [00:25:33] - Life Tips for the Next Generation: Relationships and Adaptability [00:26:06] - Defining Success: Professional Purpose and Personal Balance [00:27:07] - First Jobs and Formative Work Experiences [00:28:01] - Investment Philosophy: Accountability and Index Realities [00:29:19] - Public vs. Private Markets: Allocating Capital Strategically [00:30:20] - Outside the Office: Sport, Family, and Fishing Adventures [00:31:47] - Partner Dynamics: Making Revolution Work [00:32:23] - Final Thoughts and Connecting with Simon Petrus on LinkedIn iPartners Website: www.ipartners.com.au Register Here: https://ipartners.iplatforms.com.au/register/register-as-wholesale/ iPartners LinkedIn: https://www.linkedin.com/company/ipartners-pty-ltd

SBS Finance Editor Ricardo Gonçalves speaks with Kai Chen from MPC Markets as shares rally following a reprieve in US-China tariffs and finds out what level of uncertainty exists, plus Matthew Hassan from Westpac goes through the lasted Consumer Sentiment report to explain what it means for the Reserve Bank's interest rate meeting next week.

Sharemarkets around the world have lifted after a temporary truce in the trade war between China and the US. Westpac's chief economist Kelly Eckhold spoke to Ingrid Hipkiss.

New Zealand banks are being asked to pay up in the next few months. Kiwibank, BNZ, Westpac, ANZ and ASB will need to repay around $9.2 billion in cheap Covid-era loans to the Reserve Bank. Infometrics Principal Economist Brad Olsen told Mike Hosking that they have variety of options they can use to repay the money. He says the banks knew when taking out these loans they'd have to pay them back eventually. Olsen told Hosking that if they're not ready to pay them back, they probably don't qualify to be called bankers at this point. LISTEN ABOVE See omnystudio.com/listener for privacy information.

Westpac has seen a dip in its first half profits but its new CEO is ramping up... instead of squeezing costs. Shell is considering a whopping takeover of its rival BP and this could become one of the biggest oil mergers ever. Netflix made $1.3 billion in Australia last year and no surprises here - they sent 93% of it overseas. _ Download the free app (App Store): http://bit.ly/FluxAppStorel Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance —- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.See omnystudio.com/listener for privacy information.

Today on the show... Tough times and it’s hard to make a buck. But not for Westpac here in NZ. It’s profits are up 10%. The margin the bank charges its Kiwi clients is up as well. But not in Australia - we are the soft targets. The executives will no doubt get bonuses, and the other big banks have done well too. Co-founder of Simplicity, Sam Stubbs joins me and we will pick them to pieces. Plus some Letters to the Editor! Website: https://www.rova.nz/home/podcasts/duncan-garner---editor-in-chiefInstagram: @DuncanGarnerpodcast TikTok: @DuncanGarnerpodcast

The ASX200 saw a flat trading day after Monday’s sharp 1% drop, which ended a seven-day winning streak—the longest of the year. While sectors were mixed, healthcare and financials dragged, with Westpac and CBA under pressure following weaker results. In contrast, consumer discretionary led gains, and gold miners stood out as gold prices rebounded. At Macquarie’s annual conference—also dubbed "confession season"—companies like Sigma, WiseTech, and HMC Capital disappointed investors, while ComputerShare, Tabcorp, and NextDC impressed with strong updates and guidance. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

More drops for the big banks, and a rebound for gold stocks as we could be finally seeing a drop in grocery prices. MARKET WRAP: ASX200: Down 0.1% or 6.4 points to 8151 GOLD: Up 1% to $3,365 US an ounce BITCOIN: 1 bitcoin buying 146,200 There were falls overnight on Wall Street, with no end in sight to the US China trade war seeing the S&P 500 snap its longest winning streak in two decades. And after our week of market gains came to an end yesterday, the local bourse ended a volatile day of trade to close marginally lower. The ASX 200 slipped 0.1% or 6.4 points to 8151, with 4 of the 11 sectors in the red, with healthcare the worst performer, down 1.8%. The selloff in Australian banks continued after poor results from Westpac yesterday. And gold stocks rebounded, becoming some of the best performing stocks of the day. CURRENCY UPDATE: AUD/USD: 64US cents AUD/GBP: 49 GB pence AUD/EUR: 57 Euro cents AUD/JPY: 93 Japanese Yen AUD/NZD: 1.08 NZ dollar See omnystudio.com/listener for privacy information.

SBS Finance Editor Ricardo Gonçalves speaks with Kyle Rodda from Capital.com about the huge plunge on the global oil price and goes through Westpac's $3.3 billion half-year profit which contributed to the market's first fall in eight days.

The recent winning streak has ended abruptly today, and Laura and Stevie reflect on this session which follows 7 straight days of gains. The energy sector has weighed on local markets amid price slumps and supply changes, and the tech sector and financials have seen declines with the big banks dragging on local markets. They discuss the recent election, Westpac’s earnings results, what to expect in the week ahead, and the stocks that caught attention including SmartPay and Qantas. The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice.See omnystudio.com/listener for privacy information.

Westpac New Zealand's profits are continuing to rise, as it makes more money from existing customers, rather than materially growing its business. The Australian-owned bank's New Zealand division reported a net profit of $525 million in the six months to March - a 10 percent rise from the same period last year. Westpac CEO Catherine McGrath explains why New Zealand's margins have gone up - despite Australia taking a dip. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Financial sector drops after Westpac results, and Oil prices plummet MARKET WRAP: ASX200: down 1 per cent, or 80 points to 8157 GOLD: up to $3267 US an ounce BITCOIN: one bitcoin will buy you $146 thousand dollars. It was the end of a 7 day winning streak as the ASX 200 finished down 1 per cent, or 80 points to 8157. All 11 sectors finished in the red… With Financials and Energy copping the worst of it. Westpac shares took a hit - down 3% - which triggered selling across the sector… CBA slid 1.6% and NAB dropped 1.7% And it’s no better for the energy sector… the price of oil has dropped to $US60 a barrel after OPEC announced a dramatic escalation in output. Both Woodside and Santos dropped 4% CURRENCY UPDATE: AUD/USD: 64.81 AUD/GBP: 49 pence AUD/EUR: 57 euro cents AUD/JPY: 93 yen AUD/NZD: 1.08 Dollars See omnystudio.com/listener for privacy information.

Donald Trump unleashes a new tariff on the rest of the world, the markets react to Anthony Albanese and the Labor government winning a second term, and oil prices plummet of the back of a dramatic escalation in output from OPEC, Westpac announces slow profits with knock on effects for the financial sector, motorsports has never been more popular in Australia as Adam Dawes joins us for the Market Wrap Host: Deborah Knight Executive Producer: Charlie Meller Technical Producer: Liam Achurch Publisher: Nine RadioSee omnystudio.com/listener for privacy information.

The tech sector has slid this year, but with the Nasdaq rebounding strongly in recent weeks, is the tech sector back? MARKET WRAP: ASX200: up 0.69% to 8,126 GOLD: $3,295 US/oz BITCOIN: $148,074 AUD Tech stocks higher led by WiseTech Global – up 1% and TechnologyOne gaining 2.4% to $30.06. REITS were also solid, with Goodman Group up 1.9% and Westfield shopping centre landlord, Scentre gaining 1.7% to $3.62. Wesfarmers rose 1.6% and JB Hi-Fi added 0.7% per cent to close at $103.59. Commonwealth Bank and Westpac also increased by 2.2% and 1.6%. Champion Iron dropped by just under 1 per cent to $4.57 despite reporting a record quarter for sales, rising 18 per cent year-on-year to 3.5 million dry metric tonnes. Alcoa retreated by 1.7% to $38.95 after reporting Spain’s nationwide power outage on Monday had affected operations at one of its smelters. Origin fell 1.3% following their report of a decrease in LNG revenue. CURRENCY UPDATE: AUD/USD: 63.4 US cents AUD/GBP: 47.8 pence AUD/EUR: 55 Euro cents AUD/JPY: 90 Japanese yen AUD/NZD: 1.07 NZ dollars See omnystudio.com/listener for privacy information.

Join us for a raw and powerful conversation with Chelsea Pottenger—mental health ambassador, keynote speaker, and founder of EQ Minds—as she shares her deeply personal journey from corporate burnout and post-natal depression to becoming one of Australia's leading voices in wellbeing. Through vulnerability, science-backed tools, and a touch of humor, Chelsea reveals what it really means to become a mindful high performer.In this episode, Chelsea opens up about the rock bottom moment that transformed her life, how she rebuilt her identity from the inside out, and why self-care isn't selfish—it's essential. If you're navigating burnout, high-functioning anxiety, or struggling to set boundaries in a fast-paced world, this episode offers the insights and inspiration you've been looking for.About our guest:Chelsea Pottenger is the founder and Managing Director of EQ Minds, a global performance and wellbeing company supporting businesses like eBay, Uber, and Westpac. A psychology student, mindfulness coach, and author of *The Mindful High Performer*, Chelsea's mission is to equip individuals and organizations with practical, science-backed tools to prevent burnout and build sustainable success. After overcoming severe post-natal depression, Chelsea now uses her platform to help others rise stronger, live with intention, and lead from a place of self-awareness and authenticity.Follow Our Guest:Instagram: https://www.instagram.com/chelseapottengerofficial/Website: https://linktr.ee/chelseapottengerofficial?utm_source=linktree_profile_share<sid=5596b8c8-065f-4346-b89b-1d75958d2c7aFollow Us On:Instagram: https://www.instagram.com/thestevehodgson/Show Instagram: https://www.instagram.com/sharewithsteve/Episode Highlights:00:00 - Episode Trailer01:19 - From corporate high performer to psychiatric hospital02:08 - Post-natal depression and the road to recovery04:12 - Guilt, shame, and reframing mental illness07:16 - Turning pain into purpose and building EQ Minds13:26 - From free community workshops to eBay and Uber18:10 - The business snowball: podcasting, coaching, and keynote speaking20:36 - Scaling EQ Minds as a family-led mission24:16 - Authenticity, mistakes, and lessons from the stage29:24 - Creating real change in the workplace32:33 - The business case for mental health and prevention35:15 - Reclaiming time, joy, and your one precious life38:03 - Physical symptoms that signal burnout40:24 - The three signs of burnout: exhaustion, cynicism, and disconnection43:12 - Becoming a mindful high performer45:06 - Redefining success: clarity, calm, and sustainable impact48:13 - Chelsea's daily non-negotiables for wellness and energy51:06 - Destigmatizing depression and leading with honesty54:16 - The one thing Chelsea still works on: boundaries58:15 - Why therapy is part of her high-performance toolkit01:00:19 - Journaling for clarity, reflection, and self-awareness01:01:12 - The message Chelsea would put on every office wall

In this episode of The Real ResQ Podcast, host Jason Quinn speaks with Shane Daw, the general manager of Westpac Life Saver Rescue Helicopter Service in Sydney, Australia.Daw takes us through his incredible journey, starting as a junior lifeguard and rising  up to lead one of the busiest and most respected helicopter rescue services in the country. He reflects on more than two decades of service, recounting some of the most memorable and intense rescues he's been part of—beginning with his very first callout at 13 years old, responding to two swimmers swept away by a rip current.The conversation is filled with gripping rescue stories, from ocean incidents to complex land-based missions. Daw also highlights the heroic actions of the team he works alongside, sharing incredible moments that showcase the courage, commitment, and coordination involved in every life-saving mission.Beyond the rescues, Daw opens up about leadership, resilience, and the personal values that have shaped his career. He leaves us with heartfelt advice on chasing your dreams, staying passionate, and making a difference in your community. Enjoy!This episode is powered by Vertical HeliCASTS.Thank you for sponsoring this episode of The Real ResQ: Metro Aviation, PAG, Switlik, ReadyBAR, and The Real ResQ Store.Follow The Real ResQ on Facebook and Instagram and listen on Vertical HeliCASTS. Plus, get your podcast gear at therealresqstore.com.

A bank account is a passport to the economy, but some Kiwis can't get onboard. A new scheme aims to change that.Opening a bank account isn't a simple process, and for some people the requirements are too hard. Westpac is trialling a basic account that gets around the rules.…Go to this episode on rnz.co.nz for more details

Australia's big five banks – ANZ, Commonwealth Bank, Macquarie Group, NAB and Westpac – have all committed to limiting or cutting financing to fossil fuel projects that they feel are not aligned to achieving a net zero future.This requires a lot of work on several fronts, and for investors it's about understanding how realistic the success of such initiatives is – but the data just isn't up to scratch. While our banks are performing well in terms of reporting on Scope 1 and Scope 2 emissions, there's far less transparency around Scope 3 emissions, or their financed emissions.U Ethical stewardship manager and friend of the podcast Rachel Alembakis joins Financial Standard managing editor Jamie Williamson to discuss why the fund manager is so committed to collaborating with Australia's big banks to ensure alignment with the Paris Agreement and improve data accuracy and transparency.This podcast uses the following third-party services for analysis: OP3 - https://op3.dev/privacy

Most of us take having a bank account for granted, it's one of life's modern conveniences like a toothbrush or house keys. But not everyone can meet the criteria to open one. Amid possible concerns that the banking industry isn't fully meeting its market obligations, Westpac has introduced a pilot scheme. Working with people who wouldn't otherwise qualify, it provides them with a basic bank account service. Sacha Green is a National Advisor with the Citizens Advice Bureau, working on their Campaign for Inclusion in a Digital Age.

How can leaders best support talent? Deanne Stewart is one of the most in-demand executives in the country. As CEO of AwareSuper, she's in charge of one of Australia's largest superannuation funds. She was also the CEO of MetLife, and has held senior roles at BT, Westpac and McKinsey & Co. In this episode she shares why she does not schedule any meetings before 8:30am, how she became a leader at just 29 and why views the role of CEO as also being a 'Chief Talent Officer'. Join the movement to fast-track your professional development. Become an FW Diamond member today. Keep up with @futurewomen on Instagram, Facebook, LinkedIn and Threads See omnystudio.com/listener for privacy information.

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SBS Finance Editor Ricardo Gonçalves speaks with Josh Gilbert from eToro, as global markets bounce back from heavy selling following Donald Trump's trade policies, while Phil O'Donoghue from Deutsche Bank explains why he now believes the RBA will need to front load interest rate cuts, starting with a supersized 50bps reduction in May, Plus, Rhayna Bosch talks to Matthew Hassan from Westpac.