Podcasts about Westpac

Dr Luci Ellis is one of the most high-profile and respected economists in the country. She rose through the ranks to become Assistant Governor at the Reserve Bank of Australia (RBA). Today, she works as Group Chief Economist at Westpac. In this episode, she talks with FW's Helen McCabe about leading as a technical specialist and why she still jokingly calls herself a ‘silver medallist’ despite her impressive career. 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.

Wall St closed mixed amid concerns over inflation after the latest data out for June overnight revealed US inflation increased from May with CPI rising 0.3% MoM to an annual rate of 2.7% while core inflation rose 0.2% MoM or 2.9% on an annual basis. The Dow Jones fell 0.98%, the Nasdaq gained 0.18% and the S&P500 ended the day down 0.4%.In Europe overnight markets closed lower for a third straight session amid caution over a trade deal yet to be done with the US ahead of the tariff introduction date on August 1. The STOXX 600 fell 0.37%, Germany's DAX lost 0.42%, the French CAC fell 0.54% and, over in the UK, the FTSE100 ended the day down 0.66%.Locally to start the new trading week the ASX200 closed lower on Monday before a strong rebound on Tuesday where the key index gained 0.7% to reset its record high at the closing bell. A broad tech rally was the key driver of the market's surge yesterday while investors also shrugged off the latest US Trump tariff threats.Westpac consumer confidence data for July came out yesterday showing consumer confidence jumped 0.6% in July to 93.1 points despite the RBA rate hold as investors still expect a number of rate cuts this year.What to watch today:Ahead of Wednesday's trading session the SPI futures are anticipating the ASX will open the day down 0.73%.On the commodities front this morning, oil is trading 0.54% lower at 66 US dollars and 16 cents a barrel, gold is down 0.35% at 3331 US dollars an ounce and iron ore is up 0.05% at 96.76 US dollars a tonne.Trading Ideas:Bell Potter has downgraded Technology One (ASX:TNE) from a hold to a sell and have slightly raised the 12-month price target on the company to $35.75 following recent share price appreciation. The sell rating is not due to a negative catalyst, but the market already expecting the company to beat expectations, so we don't see a positive catalyst as there is not much upside risk to our and the market's FY25 forecast.Trading Central has identified a bullish signal on SRG Global (ASX:SRG) following the formation of a pattern over a period of 14-days which is roughly the same amount of time the share price may rise from the close of $1.69 to the range of $1.87 to $1.91 according to standard principles of technical analysis.

With the start of a new financial year now here, in many instances it's time to reset and look at what new opportunities this provides for clients. From changes to a range of thresholds, indexation of some payments, and new rules in some instances, there are a wide range of opportunities for you, as advisers, to discuss with your clients. Disclaimer: Information current as at 10 July 2025. This TechKnow 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 TechKnow podcast has been prepared for use by advisers only. Views expressed are the personal opinions of the individuals and do not necessarily represent or reflect the views of BTPS or any other company within the Westpac Group. This TechKnow 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. 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 Reserve Bank is expected to take a breather when it reviews the Official Cash Rate on Wednesday, before pushing on with cuts later in the year. The central bank's Monetary Policy Committee is widely expected to keep the Official Cash Rate (OCR) at 3.25 percent. Westpac Chief Economist Kelly Eckhold says the central bank runs some risks if they cut at this point. "What they risk is that the CPI, which is due later on this month, comes in uncomfortably high - and some of the data we've seen since May suggests that it is actually going to be a bit stronger than what they forecasted." LISTEN ABOVESee omnystudio.com/listener for privacy information.

The Reserve Bank is expected to take a breather when it reviews the Official Cash Rate on Wednesday, before pushing on with cuts later in the year. The central bank's Monetary Policy Committee is widely expected to keep the Official Cash Rate (OCR) at 3.25 percent. Westpac Chief Economist Kelly Eckhold says the central bank runs some risks if they cut at this point. "What they risk is that the CPI, which is due later on this month, comes in uncomfortably high - and some of the data we've seen since May suggests that it is actually going to be a bit stronger than what they forecasted." LISTEN ABOVESee omnystudio.com/listener for privacy information.

US rates could be cut sooner than expected, depending on results out of the Non-Farm Payrolls this week. MARKET WRAP: ASX200: down 0.02%, 8595 GOLD: $3,356 US/ounce BITCOIN: $166,513 AUD Pro Medicus climbed 7.8% to $307.39 after announcing two contracts in the United States worth more than $200 million in total. BHP jumped 5.6%, Mineral Resources closed 7.8% higher, with Fortescue & Rio Tinto up 1.8%. Up more than 1% was Wisetech Global, James Hardie and Bluescope Steel. G8 fell 7.4% for its third day of losses in a row after one of its former employees was charged with offences related to the alleged abuse of children. Commbank down 2.2%, NAB off 1.1%, and Westpac down 0.7%. ANZ escaped the losses, up half a percent. JB Hi-Fi down 3%, Harvey Norman off 1.5%, and Myer losing 1.6%. CURRENCY UPDATE: AUD/USD: 64.8 US cents AUD/GBP: 48.1 pence AUD/EUR: 55 Euro cents AUD/JPY: 94 yen AUD/NZD: 1.08 Dollars See omnystudio.com/listener for privacy information.

Westpac, Commonwealth and CBA Now Predicting RBA Will Lower Rates On July 8. Experts Warn Against Limiting Australia's Defence Spending. Donald Trump Gets A New Nickname At NATO And.. Kim Kardashian Being Eyed For Role In New Bratz MovieSee omnystudio.com/listener for privacy information.

Westpac, Commonwealth and CBA Now Predicting RBA Will Lower Rates On July 8. Experts Warn Against Limiting Australia's Defence Spending. Donald Trump Gets A New Nickname At NATO And.. Kim Kardashian Being Eyed For Role In New Bratz MovieSee omnystudio.com/listener for privacy information.

Send Us A Message! Let us know what you think.In this bonus episode of the Property Apprentice Podcast, host and financial adviser Debbie Roberts breaks down the latest Stats NZ and Westpac building consent data and what it means for property investors, homeowners, and developers across New Zealand.While April 2025 saw a 17% drop in new dwelling consents, there's more beneath the surface. We unpack:Why the fall in multi-unit consents isn't a cause for panicThe resilience of stand-alone houses, with consents rising 2.4% over the past yearWhat economists are saying about the stabilisation of the construction sectorHow lower mortgage rates, rising house prices, and OCR cuts could trigger a recoveryCommercial construction trends: why businesses remain cautious in 2025Despite short-term volatility, the numbers reveal that New Zealand's residential building sector may have found a floor—and recovery could be on the horizon.Whether you're planning to build, buy, or invest, now might be the ideal time to act before momentum shifts.Tune in for expert insights on how to read the signs and prepare for the next upswing in property development.If you found this episode helpful, don't forget to subscribe, leave a review, and share it with someone interested in the property market.Ready to take the next step? Join our free “How to Succeed with Property Investing” event at propertyapprentice.co.nz or book a meeting with Paul Roberts for tailored advice.Sources:https://www.westpaciq.com.au/economics/2025/05/first-impressions-nz-building-consents-april-2025?ai=1748561589863&cd=76673&cid=edmhttps://www.stats.govt.nz/news/home-consents-down-in-the-month-of-april-2025/https://www.mpamag.com/nz/news/general/new-zealand-home-building-consents-down-in-april-but-long-term-trend-stabilises/537692?hsmemberId=47647101&tu=&utm_campaign=&utm_medium=20250602&_hsenc=p2ANqtz--YrJXReTc3eQOqMAy7EO9Ko9vdd_4dgJZJ3CPUMsmL0-PMA5ofqHXx4mqYe5LmHjGzaTPjwYz1935lqz-vySTA8uyA1tvzAMaG1lJQVSbmahcNmGM&_hsmi=364501099&utm_content=&utm_source=Support the show*Nothing from this episode should be taken as individual financial advice. *Property Advice Group Limited trading as Property Apprentice has been granted a FULL Licence with the Financial Markets Authority of New Zealand. (FSP Number: FSP157564) Debbie Roberts | Financial Adviser (FSP221305) For our Public disclosure statement please go to our website or you may request a copy free of charge.

The worst age to be right now Top 6 smells that make me anxious Honeymoon Island is coming back SLP - How Often do you clean your toilet? Westpac rescue chopper/aviator goggles Should we bring tipping to NZ? Wired headphones are considered retro now New Ozempic pill What's your embarassing email addy that you still use? Hayley and Vaughan tyre situation We've found Vaughan's new game Fact of the Day When did you buy something because the person was hot?See omnystudio.com/listener for privacy information.

Virgin has successfully re-listed on the ASX, but will this IPO bring more companies towards listing on the market again? MARKET WRAP: ASX200: up 0.95% to 8,555 GOLD: $3,327 US/oz BITCOIN: $161,587 AUD BHP rose 2.4%, Fortescue up 4.8%, and Rio Tinto was just over 3% higher. Commbank up 2.1%, NAB up 2.2%, Westpac 2.6% higher and ANZ rising 1.4%. Virgin’s IPO was welcomed by investors, the price rising more than 11% from its initial point of $2.90 to $3.23 Qantas shares up another 2.4% to $10.32. Greatland Resources climbing 44% to $7.30 by the close Wisetech Global up 2.5% and Pro Medicus up 2.6% Woodside fell 6.5%, Santos dropped 1.5%, and Viva Energy fell 3.2%. Origin Energy was 2.5% lower, with APA Group falling 1.7% – as it also announced its dividend. Treasury Wine Estates took a tumble of 0.9% CURRENCY UPDATE: AUD/USD: 65 US cents AUD/GBP: 47.8 pence AUD/EUR: 56 Euro cents AUD/JPY: 94 Japanese yen AUD/NZD: 1.08 NZ dollars See omnystudio.com/listener for privacy information.

SBS Finance Editor Ricardo Gonçalves speaks with Robert Rennie from Westpac and Raymond Chan from Morgans to find out how the US strike on Iran is impacting financial markets, commodities and in the implication for petrol prices.

SBS Finance Editor Ricardo Gonçalves speaks with Robert Rennie from Westpac and Raymond Chan from Morgans to find out how the US strike on Iran is impacting financial markets, commodities and in the implication for petrol prices.

The US Fed has kept interest rates on hold, so will investors look towards safety in the Australian banks while unrest continues? MARKET WRAP: ASX200: down 0.09%, 8523 GOLD: $3,368 US/ounce BITCOIN: $161,897 AUD Commonwealth Bank up 1.5% to $182.85 National Australia Bank rose 1.1%, with Westpac 1.8% higher, and ANZ up 0.3% per cent after announcing its retail boss would leave the bank. Aristocrat rose 1.6% to $66.73 Cleanaway closed up 1.1% to to $2.73 Weaker Chinese data sent iron ore majors lower, with BHP off 2% to $36.13 and Fortescue off 1.7% to $14.77. Gold miners fell, with Evolution down 4.5% to $7.78 Utility stocks were also sold off as Origin and AGL both dipped 1.4%. KMD Brands fell more than 3% to hit a record low of 25¢, WiseTech Global dipped 1.9% after announcing that two directors would exit the board. CURRENCY UPDATE: AUD/USD: 64.7 US cents AUD/GBP: 48.2 pence AUD/EUR: 56 Euro cents AUD/JPY: 94 yen AUD/NZD: 1.08 Dollars See omnystudio.com/listener for privacy information.

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.

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.

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

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.

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.

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.

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.

– 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.

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.

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.

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.

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.

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.

See omnystudio.com/listener for privacy information.

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.