Podcasts about Westpac

Trong năm 2025, hàng loạt ngân hàng và tập đoàn lớn tại Australia như ANZ, Bendigo, Westpac, Telstra đã cắt giảm hàng nghìn việc làm. Dư luận lo ngại trí tuệ nhân tạo đang thay thế con người trong các lĩnh vực tài chính, dịch vụ khách hàng và viễn thông.

The biggest employer in Australian banking has a new boss – and he’s shaking things up. Today, meet Nuno Matos: the cost-saving crusader they call ‘Nunogeddon’. Find out more about The Front podcast here. You can read about this story and more on The Australian's website or on The Australian’s app. This episode of The Front is presented by Claire Harvey, produced by Kristen Amiet and edited by Lia Tsamoglou. Our team includes Tiffany Dimmack, Joshua Burton, Stephanie Coombes and Jasper Leak, who also composed our music. See omnystudio.com/listener for privacy information.

Investing in property is all about the numbers - in this episode, Antoni Granata, Home Loan Specialist at Westpac, and Buyers Agent, Michelle May, discuss how to assess an area, what makes a good rental yield, financial considerations, and everything else you need to know to take the leap into investment, or continue along your investment journey.See omnystudio.com/listener for privacy information.

While economic conditions are getting better Australian consumers are still not sold yet, according to the latest Westpac Consumer Sentiment IndexSee omnystudio.com/listener for privacy information.

The three major averages on Wall St rose to record territory on Tuesday as investors looked past current concerns over the US economic stability and bought into market opportunities. The Dow Jones rose added 0.43%, the S&P500 climbed 0.27% and the tech-heavy Nasdaq ended the day up 0.37%. Revisions to payrolls data of late has been the key catalyst spooking investors with the latest revision by the labour department coming in at a reduction of 911,000 for the 12-months to March this year signalling weakness in the US labour stability. In Europe overnight, markets closed mostly higher with the STOXX600 rising 0.09%, while Germany's DAX fell 0.37%, the French CAC added 0.23% and, in the UK, the FTSE100 ended the day up 0.23%.Across the Asia region on Tuesday, markets closed mixed with Japan's Nikkei falling 0.42% while South Korea's Kospi index gained 1.26%, Hong Kong's Hang Seng rose 1.19% and China's CSI index fell 0.7%.The local market sell-off to start September has extended into the new trading week with the key index ending Tuesday's session down 0.52% as investor sentiment has been hit lately by further tariff, US economic and rate outlook uncertainty.Westpac consumer confidence data for September and NAB business confidence data for August were also both released yesterday with declines in both readings more than economists were expecting amid uncertainty on an economic level.Energy stocks continued their slide this week following OPEC+'s weekend decision to increase production of oil starting in October.Telix Pharmaceuticals (ASX:TLX) gained over 2% after reaching a deal with the US Food and Drug Administration to file a revised application for its brain cancer imaging agent, incorporating further clinical data. What to watch today:On the commodities front this morning oil is trading 0.71% higher at US$62.71/barrel, gold is up 0.12% at US$3640/ounce and iron ore is up 0.42% at US$104.93/tonne.The Aussie dollar has weakened against the greenback to buy 65.84 US cents, 97.06 Japanese Yen, 48.62 British Pence and 1 New Zealand dollar and 11 cents.Ahead of the midweek trading session the SPI futures are anticipating the ASX will open the day down 0.05%. Trading Ideas:Bell Potter has increased the 12-month price target on Lynas Rare Earths (ASX:LYC) from $7.65 to $9.35 and maintain a sell rating on the leading rare earths producer following the company highlighting its ‘Towards 2030 strategy'. The analyst sees LYC is priced for perfection, with little room for error, highlighting FY25 had higher depreciation which drove a miss on results, however, does recognise that the current themes pushing LYC higher are likely to persist as tailwinds over the short term.And Trading Central has identified a bearish signal on Breville Group (ASX:BRG) following the formation of a pattern over a period of 33-days which is roughly the same amount of time the share price may fall from the close of $30.89 to the range of $25 - $26.25 according to standard principles of technical analysis.

We should all thank Kelly Eckhold, a some-time participant on this show and most-of-the-time economist at Westpac, for his thinking around the future of the Reserve Bank. As I have said many times, if one good thing came out of Covid, it put the Reserve Bank, its role, and its influence front and centre for many more of us that may never really have paid attention to its workings and its ability to shape everyday aspects of our lives. Eckhold suggests the new governor put the inflation target a little higher than 1-3%. Historically we sit at about 2.5%, so chasing less than that can have a lot of effects you may, or may not, want. Do remember some inflation is good. You want inflation, you just don't want the amount we have had, and you want it produced from growth, not just cost-plus-accounting from councils and power companies. More importantly for me is the public accountability. The Quigley/Orr debacle shows you what can go on when public disclosure is not as fulsome as it could be. Eckhold wants the Monetary Committee vote made public. Good idea, so it should be. It's not often there is a divergence, but there has been lately. In fact, the last statement involved a 4-2 vote, which has never happened before. So why don't we know who they were and what they said? The rules as they stand mean a person on the committee can out themselves. But you will notice from last time that no one has. Why not? Next idea: a press conference should be held after each meeting, not just the ones that produce a cash rate call. I know I'm a wonk, but I cannot press enough the value of watching these things live. Not just the Reserve Bank, but opticians who these days, thanks to digital coverage of places like the Herald, run them in full routinely. The irony of that is you would be amazed what you learn, as opposed to what you may or may not learn from a news bulletin edited and often curtailed to a point of nonsense later in the day in a news bulletin. The best example is the Prime Minister's press conference on a Monday after Cabinet. So, more pressers, more transparency, which is more detail, more sunlight, more inquisition and more knowledge. What possibly could the Reserve Bank argue is wrong with that? See omnystudio.com/listener for privacy information.

Data shows families are still seeking the space to live the family dream and are stretching the budget to get it. Michael Nguyen, Home Loan Specialist at Westpac, and Clint Harris from The Agency share how upgraders can get their dream family home, without breaking the bank to do so.See omnystudio.com/listener for privacy information.

Westpac wants the government to consider making employer Kiwisaver contributions for workers over 65 years old compulsory. Right now when an employee hits 65 employers dont have to keep making Kiwisaver contributions, if the staffer has been a member for five years. That is despite more people working past the age of super eligability. Chief executive of BT Funds Management, Westpac's KiwiSaver Scheme provider, Nigel Jackson spoke to Lisa Owen.

After the Royal Commission exposed widespread misconduct, how did the banks pull off their reputation revival - and can we really trust them? 

I got a sense about something this week and it's not because it's about to be spring, although that will undoubtedly help. I got a sense this week that the tide on the New Zealand story is turning. The ongoing stats, like the size of the infrastructure pipeline, more money this year, more money and projects for years to come, the new visas, and the visas that are working better than we thought, money, jobs, and culture are on their way. But the gold medal goes to the dawning realisation that we are about to outgrow and outperform Australia. Not just next year, but for a number of years. The stats have been there – the Reserve Bank Governor in Australia reduced her GDP forecast and that number is below ours, which is about 2.5%, maybe more. But put it together, as Westpac did, call it a report, lay it out for all to see and pennies drop. Why it's so important is a lot of our plight is as much mental as it is physical. Australia has a myriad of real issues, from housing, to debt, to transport, to race. We do too, but they have never sunk like us. Part of what is and has held us back this year is too many have decided we are stuffed, so they left. But left for what? What is the psychology of moving countries? Pay? It can be, but not always and I'll tell you this for nothing, the pay gap does not bridge the house gap. But do those leaving realise that, or they don't care, or don't even know? Obviously what bogged it down this year was the "Survive to '25" thing. It started well in January but never took off. So were we sold a lemon? A false dawn? What this report does, and it's not alone because there is plenty of material out there if you hunt for it, is quantify our reality. Between the law changes, the visas, the farmers, the currency, and all the fixes and reforms, it adds up to an irrefutable picture of change that is about to pay dividends. The pieces seem to be fitting together. But the prize is they paint a better picture than our nearest neighbour, our greatest friends, our biggest opponent. We are not just beating anyone. We are beating Australia. When that comes to pass, watch the mood then. See omnystudio.com/listener for privacy information.

Last October Nine corralled a posse of market mix model (MMM) providers, co-funding a program to prove what its assets could do in hard business terms. Since then Nine has poured over three years of historical data from dozens of campaigns, along with brand tracking, consumer attitudinal research, business case studies and other inputs from the likes of Neuro Insight, getting granular on what is moving the needle for brands – and how. Now the early results are in. Some are obvious – The Block generates product trials. Other findings less so – MAFS, for instance, drives trust and credibility as a halo effect for brands like Westpac. Meanwhile, Love Island Australia has Cointreau toasting a massive 42 per cent lift in consideration. Kia signed up to Nine’s $30m program – and marketing boss Dean Norbiato says the early MMM reads now have him plotting channel reallocations: “Looking at the first cut [of MMM data], it would be commercially negligent not to,” said Norbiato, though noting that a broad mix of channels has been crucial to driving growth for Kia, and that TV advertising and tent pole sponsorships have hugely influenced performance marketing results. But Norbiato, plus Nine’s Stewart Gurney and Nikki Rooke, underline a combination of short, medium and long-term strategies, across a broad mix of channels, and layering network effects, are critical growth drivers. Overall, binary pursuit of one-dimensional metrics like ROI is likely to backfire – and MMMs have limits, which even Mutinex co-founder and global CEO, Henry Innis acknowledges. He says there is no silver bullet to give marketers a universal fix. Growth is nuanced, multi-layered and complicated – much harder than lightweight “easy sell, dollar in, dollar out” ROI metrics, per Kia’s Norbiato. But there are ways to start understanding how to put a better plan together, and optimise with sharper data more rapidly. “And that gives you a much bigger seat at the senior management table.” Now Norbiato’s moving to act on the MMM data: “We need to get further understanding, but this initial cut is definitely going to sharpen that [channel] selection.”See omnystudio.com/listener for privacy information.

Anthony Miller is the CEO of Westpac Group, appointed in December 2024. In this episode, we cover his story from family and siblings to his swimming career, personal growth, and early professional path before making the move into banking and leadership. Anthony talks about the challenges and opportunities in the industry, why stakeholder management and corporate responsibility matter, and how innovation is shaping the future of banking. He also shares his personal reflections, leadership philosophy, and what excites and scares him about the road ahead. You can subscribe to the Mentored newsletter here: https://mentored.com.au/newsletter-sign-up Join the Facebook Group. Follow Mark Bouris on Instagram, LinkedIn & YouTube.See omnystudio.com/listener for privacy information.

Is using equity in your current home the answer to geting an investment property? Kaili Watkins, Home Loan Specialist at Westpac, and Lachlan Vidler, Director at Atlas Property Group explain the ins and outs, and lay down everything your need to know in order to do it.See omnystudio.com/listener for privacy information.

The trans-Tasman economies are set to switch, with a prediction New Zealand will outpace Australia over the coming years. Westpac's senior economist Satish Ranchhod spoke to Corin Dann.

Chelsea Pottenger, founder and director of EQ Minds, shares her deeply personal journey from corporate high achiever to mental health advocate after experiencing severe postnatal depression that led to a five-week psychiatric hospital stay. She reveals how this life-changing experience inspired her to dedicate her career to helping others achieve high performance without burnout through mindfulness and resilience strategies. Chelsea discusses practical workplace burnout prevention techniques she's implemented with major corporations like Google, Westpac, and CBA, including simple changes like scheduling late-night emails and conducting empathetic leadership check-ins. She explores the fascinating connection between gut health and mental wellbeing, explaining how the gut-brain axis impacts mood, energy, and our ability to handle stress. Chelsea emphasizes her non-negotiable daily meditation practice and shares her powerful philosophy that "mental health is your superannuation" - encouraging listeners to invest in their wellbeing with the same consistency they would their financial future. Resources:https://drjobraid.comJoin my new community at Skool: https://www.skool.com/mindful-moments-1997/about?ref=7859c373bc3f4c8ca76f68859344eb88Chelsea's Non-Sleep Deep Rest Meditation: https://insig.ht/rsHBlENU6Vb?utm_source=copy_link&utm_medium=contentEQ Minds: www.eqminds.com I acknowledge that I create this podcast on the traditional lands of the Wiradjuri people, who have been the custodians of this land around Orange, New South Wales, for thousands of generations. I pay my respects to Wiradjuri Elders past, present, and emerging, and recognize the continuing connection to land, waters, and culture. This acknowledgment is a small but important step in recognizing the sovereignty of First Nations peoples and the deep historical and ongoing relationship with Country. Disclaimer: The information provided on or through our Site, products and/or services is intended to be for informational purposes only. It does not constitute or replace professional advice for individual or specific situations and nor does it take into account your specific needs or circumstances. Under no circumstances should the content made available on our Site, or regarding our products and/or services be relied upon as professional legal, medical, financial, business or other advice. You agree to obtain these services if you need these. Our Site may have articles and content that is of a general nature and is intended to be for informational purposes only. Your access to and use of they Site is subject to our Privacy Policy and Terms of Use.See omnystudio.com/listener for privacy information.

New Zealand's on track for stronger economic growth but it could take a while to flow through to house prices. Westpac is forecasting New Zealand will outpace Australia's growth over the next few years. But New Zealand will still face a higher unemployment rate and lower wage growth, and the recovery's likely to be felt in some regions much sooner than others. Former Finance Minister Steven Joyce told Mike Hosking property will be the last sector to see a turnaround. He says New Zealand saw property prices go up 40% during the boom, compared to a 30% rise in Australia. Joyce says it'll be an export-led recovery – something we haven't had for a while. He says with an export-led recovery, Auckland feels it later than other regions, which is what we're seeing now. LISTEN ABOVE See omnystudio.com/listener for privacy information.

On the Mike Hosking Breakfast Full Show Podcast for Wednesday 27th of August, we have good economic news: a new Westpac report says our growth is set to outpace Australia over the next few years. Does that stop the brain drain? Erica Stanford has another new visa up for grabs to get entrepreneurs in and spending. Mark Mitchell joins from Queenstown and Ginny Andersen joins from Fiji to discuss four year terms, burner phones, and the Tamaki Makaurau by-election. Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVE See omnystudio.com/listener for privacy information.

On the Early Edition with Ryan Bridge Full Show Podcast Wednesday 27th of August 2025, the government's introducing a new investor Visa, Auckland Business Chamber CEO Simon Bridges shares his thoughts. A new Westpac report into economic conditions across the Tasman shows our growth rate may outpace Australia's in the coming years. Migrants will no longer be taxed on estimated overseas income, only on what they actually earn, Business NZ Immigration specialist Rachel Simpson shares her thoughts. Plus, UK/Europe Correspondent Gavin Grey has the latest on Nigel Farage's new political party, Reform UK, saying it would be prepared to deport 600,000 migrants over five years if it won power at the next election. Get the Early Edition Full Show Podcast every weekday on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVE See omnystudio.com/listener for privacy information.

New Zealand could see faster economic growth than Australia, but fewer jobs. In New Zealand, Westpac's now forecasting an economic growth rate will hit 2.4% this year, and 3.1% next year. In Australia, it's forecasting a growth rate of 2% this year, and 2.2% next year. Senior Economist Satish Ranchhod told Ryan Bridge we've been seeing more OCR cuts, but it hasn't flowed through to the job market. He says New Zealand's seeing high unemployment and low wage growth, and Australia hasn't seen a similar spike in unemployment. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Major averages closed in the red on Wall Street overnight to start their trading week. The Dow Jones declined 0.77%, the S&P500 fell 0.43% and the Nasdaq down 0.22%. US investors awaiting Nvidia's earnings and the Federal Reserve's preferred inflation gauge in the coming days.European markets were mostly lower. The German DAX down 0.37%, France's CAC declined further down 1.56%, after the country's Prime Minister Francois Bayrou announced he will be seeking a confidence vote in parliament next month over the government's budget plans. The FTSE100 however closed in the green up just 0.13%, while the STOXX600 was lower, down 0.44%.Locally yesterday, the ASX200 edged slightly higher at the close, ending the session with a 0.06% gain, as materials and energy stocks lead the market higher.What to watch today:Following US equities overnight, the Australian market is set to open lower, with the SPI futures suggesting at 0.21% drop at the open this morning.In economic news, the latest RBA meeting minutes will be released today, providing further insight into when the RBA slashed its cash rate by 25bps to 3.6% at its August meeting, matching market expectations and bringing borrowing costs to their lowest since April 2023.And as we near the end of reporting season, we still have a number of companies reporting their earnings results. Keep watch of the share price movements of Coles (ASX:COL), Fortescue (ASX:FMG), G8 Education (ASX:G8E) and Helloworld Travel (ASX:HLO), just to name a few.In commodities:Crude oil has advanced again, up 1.7% to US$64.74 per barrel the highest in nearly three weeks, extending a four-day rally as traders weighed geopolitical risks and monetary policy signals.Gold is 0.2% lower at US$3,365.02 an ounce following a more than 1% gain in the previous session, as the US dollar attempted to recover after a dovish shift by Fed Chair Jerome Powell.And iron ore is in the green at US$101.60 per tonne, rebounding from last week's losses.Trading Ideas:Bell Potter maintains a Buy rating on Accent Group (ASX:AX1) and have lowered their price target to $1.80. At the current share price of $1.49, this implies 20.8% share price growth in a year.And Trading Central have identified a bearish signal in Westpac (ASX:WBC) indicating that the stock price may fall from the close of $38.29.

Does a credit card make a difference to your borrowing power? What about HECS/HELP? Michael Nguyen, Home Loan Specialist at Westpac, and Glen Hare, financial adviser and co-founder of Fox and Hare Wealth, explore what you need to do to maximise your borrowing power and get the best home loan for your individual circumstances. See omnystudio.com/listener for privacy information.

The death of a person is often a traumatic time for all involved and dealing with the financial side of things can be difficult. In this episode, host Bryan Ashenden, BT's Head of Financial Literacy & Advocacy is joined by Lauren Leaney and Michelle Grant from BT's Estates and Claims Management team. Together, they explore how advisers can support clients through the complexities of superannuation death benefits. The conversation highlights how education and forward planning are critical to ensuring smoother outcomes for clients and their families during difficult times. Disclaimer: Information current as at 20 August 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. It must not be made available to any client and any information in it must not be communicated to any client. This TechKnow podcast provides an overview only and should not be considered a comprehensive statement on any matter or relied upon as such. 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. 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.

It's decision day again at the Reserve Bank with the latest Official Cash Rate announcement due Wednesday afternoon. Westpac chief economist Kelly Eckhold spoke to Corin Dann.

In this episode, we dive into the world of private credit, what it is, how it has emerged as an alternative funding source and why it's becoming an increasingly important part of Australia's capital stack. We explore where private credit fits in alongside traditional lending, the types of returns it offers and which asset classes are most attractive to investors. Chris Moyle of Argyle Square also shares insights on whether further regulation is needed, the risks and opportunities shaping the sector and what the future of private credit in Australia might look like.Chris is the Joint Managing Director of Argyle Square, a Melbourne-based property investment manager and private lender. With more than 20 years' experience in property lending across Australia and the UK, he has held senior roles at Westpac, NAB and as Chief Investment Officer for a Buxton family-backed investment manager. Over his career, Chris has delivered finance for some of Australia's largest developments, with extensive expertise in transaction origination and execution. In 2022, he co-founded Argyle Square alongside Rob Altson and Costa Asset Management, the investment arm of the Costa family.Tune in to gain valuable insights into how private credit is reshaping Australia's lending landscape and what it means for the future of property finance.EPISODE LINKSChris MoyleArgyle SquareWe'd love your feedback, send us a message today.LET'S CONNECT SubscribeInstagram Website LinkedIn Email > podcast@charterkc.com.au This podcast is for educational purposes only and should not be considered investment or financial advice. This podcast is not intended to replace or supplement professional investment, financial or legal advice. Please seek professional advice based upon your personal circumstances. The views expressed by our podcast guests may not represent those of Charter Keck Cramer. This podcast may not be copied, reproduced, republished or posted in whole or in part without the prior written consent of Charter Keck Cramer.

US equities closed flat as investors await the Federal Reserve's Jackson Hole summit, a three-day annual international conference attended by central bank leaders, as well as the release of retail earnings. The Dow Jones closed 0.08% lower, the S&P500 was flat, just 0.01% in the red and the Nasdaq closed 0.03% in the green. European markets were mixed amid discussions between Ukraine and the US. The STOXX60 gained 0.08%, the German DAX down 0.18%, France's CAC down 0.5% and the FTSE100 up 0.21%. Locally yesterday, the ASX200 advanced 0.23% with communication services and technology in the lead, while materials and energy declined the most. What to watch today:The SPI futures are suggesting at the Australian market will decline 0.26% at the open this morning, following a flat session on Wall Street overnight. BHP Group (ASX:BHP) released it's full year results this morning. The mining giant posted its smallest annual underlying profit in 5 years, as iron ore prices remained under pressure due to oversupply concerns and slowing China demand. They reported an underlying attributed profit of $10.16 billion for the year ending June 30, below expectations. Australian biopharmaceutical company CSL Limited (ASX:CSL) also released results this morning, reporting at 14% rise in annual earnings, driven by strong performance at its blood plasma business. The company also announced a $750 million buyback in fiscal year 2026. In economic data, Westpac's consumer confidence data and consumer inflation expectations will be released today. Looking at commodities, Crude oil has rebounded 0.9% to US$63.36 per barrel, following the inconclusive US-Russia summit in Alaska on Friday. Markets are watching the potential impact of the talks on global oil supply, including possible changes to sanctions or progress toward reconciliation.The price of gold has steadied, trading at US$3,331.93 an ounce. And iron ore is in the green at US$101.62. Trading Ideas:Bell Potter maintains a Speculative Buy rating on Comet Ridge (ASX:COI), an energy exploration and development company focused on coal and gas. Their valuation is $0.21 and at the current price of $0.14, this implies 56% share price growth in a year. And Trading Central have identified a bearish signal in Imdex (ASX:IMD) indicating that the stock price may fall from the close of $3.40 to the range of $2.75 to $2.85 over 20 days, according to the standard principles of technical analysis. 

Wall Street closed Tuesday's session mixed as a tech decline weighed on key market indices. The S&P500 fell 0.6%, the Nasdaq lost 1.5% and the Dow Jones ended the day up just 0.02%. Investors have been pulling out of Nvidia in recent days with shares in the mega cap ending Tuesday's session down 3.5% as traders take a breath from the recent AI rally in favour of undervalued small to mid-cap stocks in the current market environment.In Europe overnight markets closed higher as investors welcomed peace talks progress initiated by President Trump with Ukraine leader Volodymyr Zelenskyy and Russian leader Vladimir Putin. The STOXX600 rose 0.7%, Germany's DAX added 0.45%, the French CAC gained 1.21% and, in the UK, the FTSE 100 ended the day up 0.34% to a fresh record high.Across the Asia region on Tuesday markets closed lower as investors await the outcome of Trump's talks with Russia and Ukraine. Japan' Nikkei fell 0.38% a day after closing at a record high, while Hong Kong's Hang Seng closed flat, China's CSI index lost 0.38% and South Korea's Kospi index ended the day down 0.81%.Locally yesterday the ASX200 fell 0.7% as market heavyweight CSL (ASX:CSL) tumbled almost 17% in its worst day ever after announcing weaker results than expected and reporting it will be cutting up to 3000 jobs.BHP (ASX:BHP) also had results out yesterday that were weak on China's subdued demand but shares still rose on optimistic outlook.Westpac consumer confidence data out yesterday shows Aussies are regaining confidence as we enter the rate cut part of the rate cycle. The reading for August showed a MoM increase to 5.7% in August from 0.6% in July, signalling the strongest level since 2022.What to watch today:On the commodities front this morning oil is trading 1.32% lower at US$62.58/barrel, gold is down 0.5% at US$3316/ounce and iron ore is down 0.05% at US$101.57/tonne.The Aussie dollar has weakened against the greenback to buy 64.59 US cents, 95.28 Japanese Yen, 46.45 British pence and 1 New Zealand dollar and 9 cents.Ahead of the midweek trading session here in Australia the SPI futures are anticipating the ASX will open the day up 0.2%.Trading Ideas:Bell Potter has downgraded the rating on CSL (ASX:CSL) from a buy to a hold and have significantly lowered the 12-month price target on the healthcare giant from $305 to $240 following the release of FY25 results, unveiling CSL's key division Behring disappointed with just 1% revenue growth, while Seqirus and Vifor exceeded expectations. Despite this, the market reacted sharply, and Bell Potter's analyst see a challenging near-term outlook due to earnings growth missing expectations, weak 2H25 Behring performance, delayed margin recovery (now expected by FY29), and uncertainty around FY27/28 forecasts for the demerged entity.And Trading Central has identified a bearish signal on EBR Systems (ASX:EBR) following the formation of a pattern over a period of 22-days which is roughly the same amount of time the share price may fall from the close of $1.28 to the range of $1.13 to $1.17 according to standard principles of technical analysis.

Economists are expecting a 25 point basis cut from today's OCR announcement, but it could be the last one for a while. The Reserve Bank will announce it's decision at 2pm. Westpac Chief Economist Kelly Eckhold says last time around there were more notable arguments among the board. He told Ryan Bridge at least one member of the board didn't want to cut last time around. Eckhold says with those sort of debates going around, it makes further cuts less certain. LISTEN ABOVE See omnystudio.com/listener for privacy information.

In today's Macro Insights Podcast, Ken Raiss and I examine who really pays tax in Australia, and the results may surprise you.   We also share what the average wage and superannuation balance in Australia is, and I bet these figures will surprise you.   We also discuss the latest statement from APRA about its 3% mortgage assessment buffer we will tell you what time of the week you're most likely to get scammed?   As somebody interested in growing your wealth or property, there will be lots in the show for you.     Takeaways  ·        Australian Taxation Office's 2022–23 tax‑return snapshot (approximately 16.1 million lodgements) to paint a portrait of the “average 100 Australian. ·        Out of those 100 Australians, 21 pay no income tax at all. None. Zip. ·        Meanwhile, just 3 individuals contribute nearly 30% of all net income tax. Add in the next 6, and you're up to nearly 50%. And the next 30 take it to almost 90%. ·        So 39 Australians (out of 100) are footing almost the entire tax bill. ·        The average super balance is around $173,000; the median is just $60,000. What does that tell us?All eight capital cities recorded house price growth in the June quarter. ·        Westpac reveals the time of day you're most likely to be scammed is Tuesday afternoon   Chapters  00:00 Understanding Australia's Tax Landscape 04:15 The Role of High Income Earners in Taxation 06:37 Income Disparities and Superannuation Challenges 09:24 The Impact of APRA's Mortgage Serviceability Buffer 12:00 Scams and Consumer Awareness 14:35 Infrastructure Needs for Population Growth   Links and Resources:   Answer this week's trivia question here- www.PropertyTrivia.com.au ·        Win a hard copy of Michael Yardney's Guide to Investing Successfully ·        Everyone wins a copy of a fully updated property report – What's ahead for property for 2026 and beyond.   The FirstLinks article mentioned in the show https://www.firstlinks.com.au/100-aussies-seven-charts-on-who-earns-pays-and-owns   Michael Yardney Get the team at Metropole Wealth Advisory create a Strategic Wealth plan for your needs Click here and have a chat with us    Ken Raiss, Director of Metropole Wealth Advisory   Get a bundle of eBooks and Reports at www.PodcastBonus.com.au   Also, please subscribe to my other podcast, Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future. Or click here: https://demographicsdecoded.com.au/

The price of food has increased five percent over the past 12 months, the latest figures released by Stats NZ show, leaving families struggling to put basics on the table. Westpac economist Satish Ranchhod spoke to Corin Dann.

Telstra has seen its annual net profit jump 31% off the back of growth in its mobile services… and now it’s on a buyback rampage. Westpac’s profit jumped 14% in the last quarter but mortgage brokers keep eating its lunch. Perplexity, the AI search engine, has put in an offer to buy Google’s Chrome for more than $34 billion USD. _ Download the free app (App Store): http://bit.ly/FluxAppStore 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.

SBS Finance Editor Ricardo Gonçalves speaks with Origin Energy CEO Frank Calabria following the company's profit results and discusses everthing from the direction of power prices, the energy transition and electric vehicles; Justin Smirk from Westpac goes through the day's labour force data; and Damien Boey from Wilson Asset Management look through the day's market action including the deluge of profit reports released.

The market has bounced back impressively today following the modest declines of yesterday and marking four sessions of setting record highs. Steve reflects on the session where jobs growth and earnings reports have dominated, and how gains in US market overnight supported our performance. Temple and Webster saw a lift today following better than expected earnings data, Westpac also saw a substantial gain, and Telstra dragged on the telecommunications sector. Steve looks to the day ahead with inflation data set to gain attention alongside household spening. 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.

A tale of two banks is emerging, with Westpac’s quarterly update knocking Commbank’s story out of the water. MARKET WRAP: ASX200: up 0.5% to 8,873 GOLD: $3,357/oz BITCOIN: $186,274 CURRENCY UPDATE: AUD/USD: 65.3 US cents AUD/GBP: 48.1 British pence AUD/EUR: 56 Euro cents AUD/JPY: 95 Yen AUD/NZD: 1.09 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. Westpac soars Strong jobs numbers Ampol’s $1b purchase Setback for DeepSeek David Stratton dies Support the show: http://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

Friday 15 August 2025 Westpac’s result gets everyone excited about the banks again. And more, including: The ASX hits yet another all time high. Unemployment falls, potentially delaying rate cuts Telstra profit surges 31% after cost-cutting measures Guilty plea in insider trading case Join our free daily newsletter here. And don’t miss the latest episode of How Do They Afford That? - this week, financial red flags in relationships. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.Find out more: https://fearandgreed.com.au/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. Westpac soars Strong jobs numbers Ampol’s $1b purchase Setback for DeepSeek David Stratton dies Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.

SBS Finance Editor Ricardo Gonçalves speaks with Origin Energy CEO Frank Calabria following the company's profit results and discusses everthing from the direction of power prices, the energy transition and electric vehicles; Justin Smirk from Westpac goes through the day's labour force data; and Damien Boey from Wilson Asset Management look through the day's market action including the deluge of profit reports released.

Join Bill Nowicki as he delves into the compelling life of Patrick Roche—a submariner shaped by family tradition, personal responsibility, and decades of experience beneath the waves. From growing up in a Navy family to serving on both diesel boats and missile submarines, Patrick shares intimate reflections on family, service, resilience, and camaraderie in the US Navy's Silent Service.   ### Highlights & Key Points **[00:00:00] - Beginnings in Groton & Naval Heritage** - Patrick grew up in Groton, Connecticut, with his father serving on submarines.   - Graduated high school in 1965; influenced by his father's Navy career.   - Joined the Navy after moving to San Diego (“I guess that's where I got the…”)   - Family tradition: Patrick and his father served together on the USS Ronquil (SS-396), completing three WestPac deployments to Japan and Vietnam.   **[00:03:00] - Life Aboard with Family** - Served with his father but led separate lives aboard; father was a chief quartermaster.   - Never faced negative bias due to his father's position.   Liberty meant different things for each—dad to the chief's club, Patrick and friends to the beach.   **[00:05:00] - Family Life & Responsibility** - Married at age 18, became a father early.   - Now the proud father of four daughters, eight grandchildren, and thirteen great-grandchildren.   - Emphasizes responsibility and “growing up quickly” as a driving force behind his life choices. **[00:09:00] - Naval Career & Historic Moments** - Started as a fireman apprentice with a guaranteed school for submariners.   - Went from diesel to nuclear ballistic missile submarines (SSBNs), including the USS Theodore Roosevelt (SSBN-600).   **[00:12:00] - Life and Duties on Submarines** - Served as an interior communications electrician (“IC man”), specializing as a gyro technician (explains the importance of gyros for navigation and missile launches).   - Patrolled with the George Bancroft (SSBN-643); recalls the predictability of SSBN rotations—three months on, three months off.   **[00:13:00] - Homecomings & Family Dynamics** - Kept family routines stable by letting his wife handle finances and household matters. - No issues adjusting to or from life at sea; credits strong partnership with his wife.   **[00:15:00] - Submarine Evolutions & Technological Changes** - Comments on advancements from older boats to modern fast attacks and Virginia-class submarines. - Describes watchstanding: battle helmsman responsibilities, auxiliary duties, and the unique experience of bunking arrangements.   **[00:19:00] - Challenges & Close Calls** - Survived a major flooding incident on the Roosevelt due to a head valve left open during snorkeling—highlights the ever-present dangers of submarine duty (“…we were down at 80-90 feet with the head valve open…”).   **[00:20:00] - Advancement, Brotherhood & Initiations** - Rose through the ranks to Chief in 12 years; shares stories of chief initiation rites. - Reminisces about camaraderie, qualification processes, and the support systems in place—especially as a “legacy” submariner.   **[00:24:00] - Civilian Career & Life After Service** - Transitioned to civilian roles with NAVSEA (Supervisor Shipbuilding), working in San Diego, New Orleans, and Bath, Maine. - Reflects on moving frequently for assignments, supervising ship construction.   **[00:25:00] - Retirement & Reflections** - Currently resides in Gales Ferry, Connecticut, after retiring 10 years ago. - Considers returning to Maine for its beauty and tranquility. - Stresses the importance of staying in touch with Navy friends and the legacy of the submarine community.   **[00:27:00] - The Holland Club & Submarine Brotherhood** - Member of the US Submarine Veterans' Holland Club—honoring 50+ years of qualification. - Describes the meaning of these traditions and the enduring bonds among submariners.   **[00:29:00] - Lasting Partnerships** - Acknowledges the unwavering support of his wife, Barbara, throughout their 60 years of marriage. - Offers closing reflections on the rewards of naval service and maintaining life-long friendships.   ---   ### Notable Quotes: - “I had a responsibility and had to do it.” - “People treated you a lot different, too, when you're not dink (delinquent in qualifications).” - “I just enjoyed being on the boats—wouldn't trade it for anything.” - “She [his wife] is a winner. Sixty years coming up in December.”   ---   ### Listen For: - Insights into multi-generational Navy life (00:00:00–00:04:00) - Early marriage and parenting in the military (00:05:00–00:07:00) - Historic submarine incidents (00:09:00–00:10:00) - Submarine technology and daily operations (00:12:00–00:16:00) - The legendary Holland Club tradition (00:27:00)   ---   ### Closing   **Want to hear more voices from beneath the waves? Subscribe and leave us a review!**   **Got a story to share, or questions for a guest? Email us or visit our site to connect.**   ---   **Contact & Resources:**   - Want to learn about the Holland Club? [USSVI Holland Club](https://www.ussvi.org/) - More about the Nautilus Memorial: [Submarine Force Museum](https://www.ussnautilus.org/)

The Westpac CEO has admitted to Tom Elliott the decision to close down branches was wrong.See omnystudio.com/listener for privacy information.

The sluggish job market is another bump in our road to economic recovery, according to some recent predictions. The unemployment rate's sitting at 5.2 percent - its highest point in five years. In late 2021, it was just 3.2 percent. Westpac senior economist, Michael Gordon, says it shows our economic slowdown's ongoing. He says it's not too surprising, given the Reserve Bank's moves to control inflation. "I think we're getting towards the end - we have seen economic activity picking up, but it's just not coming through in terms of businesses needing to hire just yet." LISTEN ABOVESee omnystudio.com/listener for privacy information.

In this episode of Leading to Profit, we sit down with Chelsea Pottenger, Founder and Director of EQ Minds, to explore practical strategies for enhancing mental health and performance in the workplace. Chelsea shares her journey from corporate burnout to becoming a leading mental health advocate, offering insights that are especially valuable for Australian business owners aiming to foster a resilient and productive team culture. Chelsea Pottenger is a psychology postgraduate, accredited mindfulness and meditation coach, and author of The Mindful High Performer. After experiencing severe postnatal depression, she transformed her life and founded EQ Minds to help others prioritize mental wellbeing. Chelsea has collaborated with major organizations like Google, eBay, and Westpac, delivering evidence-based tools to reduce stress and enhance performance. She also serves as a mental health ambassador for R U OK? and the Gidget Foundation Australia. Key Takeaways: Implementing an 8-minute morning routine can significantly improve mental clarity and focus. 8-Minute Morning Ritual Change the alarm sound to nature sounds or music Avoid checking your phone for the first 8 minutes Think of three things you're genuinely grateful for Open curtains for natural light exposure Affirm, "Today's going to be a good day." Challenge: Implement this routine for 5 days to see noticeable differences   Prioritizing sleep hygiene is essential for sustained high performance. Incorporating daily movement and proper nutrition supports overall well-being. Asking yourself, "How do I want to feel in the future?" can guide meaningful goal setting. Tune in to discover how integrating mindfulness and mental health practices can lead to a more engaged and effective workforce.   Resources:    EQ Minds: www.eqminds.com Chelsea's LinkedIn: https://au.linkedin.com/in/chelseapottenger Chelsea's Instagram: https://www.instagram.com/chelseapottengerofficial/?hl=en If you want to create a reliable cash flow for your business, I have some tools and resources that can help. Take the Profit Scorecard (3 minutes) and identify where you are leaking profit now – click here.

Banks are sounding the alarm over a new kind of subscription trap. Instead of a typical ‘forgot to cancel scenario', businesses are instead selling goods and services that hook customers into reoccurring subscription payments. Westpac says it's stopped nearly 20,000 customers from being fleeced in the past three months, stopping more than $25 million in unwanted charges. Massey University banking expert Claire Matthews told Mike Hosking that the problem with this type of situation is it's difficult to cancel the subscription. Some companies, she says, straight up disappear when people try to cancel, so it's easier to stop the payment upfront. LISTEN ABOVE See omnystudio.com/listener for privacy information.

Westpac says New Zealanders are losing millions of dollars a year to "subscription traps". Money correspondent Susan Edmunds spoke to Ingrid Hipkiss.

Insignia Financial leapt after a $3.3 billion takeover by private equity firm CC Capital. MARKET WRAP: ASX200: up 0.1% to 8,677 GOLD: $3,385/oz BITCOIN: $181,877 Rio Tinto jumped 3.4 per cent to $118.32, Fortescue 3.3 per cent to $17.81 and BHP gained 2.6 per cent to $41.51 per cent. Shares of Ramelius surged 8.1 per cent to $2.66 – its best day in 15 weeks, while Newmont gained 2.8 per cent to $92. CBA slumped 3.1 per cent to $172.42, wiping roughly 30 points from the index due to its market heft. National Australia Bank falling 2.7 per cent to $37.22, Westpac 1.3 per cent to $32.65 and ANZ closed down 0.8 per cent to $29.82. Insignia Financial was the best performer on the ASX 200, surging 12.2 per cent to $4.41 after CC Capital agreed to a $3.3 billion deal CURRENCY UPDATE: AUD/USD: 65.2 US cents AUD/GBP: 48.4 British pence AUD/EUR: 56 Euro cents AUD/JPY: 96 Yen AUD/NZD: 1.09 NZ dollars See omnystudio.com/listener for privacy information.

Iron ore prices have lifted to the highest point since February, so will this spark a good run for the miners? MARKET WRAP: ASX200: down 1.02% to 8,668 GOLD: $3,364/oz BITCOIN: $182,070 Commbank & ANZ both lost 2.5%, Westpac was down 3.6%, while NAB was 2.4% lower. Insignia Financial was also on the slide, down 6.2% to $3.93 after it told investors talks were ongoing with CC Capital. While other big fallers included Aristocrat, Pro Medicus and Coles. AMP delivered a positive quarterly super net cashflows for the first time since 2017. Shares finished almost 10% higher to $1.68. Block – the owner of BNPL service Afterpay – saw its shares soar over 11% after news that it would be added to the S&P 500 Index. Iron ore futures climbed to over $104 US a tonne sent BHP, Fortescue and Rio Tinto all climbing CURRENCY UPDATE: AUD/USD: 65.2 US cents AUD/GBP: 48.4 British pence AUD/EUR: 56 Euro cents AUD/JPY: 96 Yen AUD/NZD: 1.09 NZ dollars See omnystudio.com/listener for privacy information.

Inflation is expected to hit a 12-month high for the June quarter - when figures are released later Monday morning. Westpac's Senior Economist Satish Ranchhod spoke to Corin Dann.

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.

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.

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.

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.