Podcasts about Westpac

Some think the India Free Trade Agreement will produce more benefits than even the Government expects. The agreement is moving through Parliament, before it's ratified. The International Business Forum and Westpac have released new research on how the deal will contribute to value. Forum Executive Director Felicity Roxburgh says it shows Government forecasts of 0.1% GDP growth in the next decade undersell the benefits. She told Mike Hosking they can't put a good number on it, but India is on track to be the world's third largest economy by the end of the decade. Roxburgh says their middle class will exceed the entire population of the EU or ASEAN, so it's a big opportunity for New Zealand. LISTEN ABOVE See omnystudio.com/listener for privacy information.

Political editor Phillip Coorey on the government’s bet on gambling reform, the problem with "brand Albo" and why there’s nothing funny about the melon incident. This podcast is sponsored by Westpac. Further reading:PM bets on stability pitch as popularity faltersAnthony Albanese celebrated a significant milestone on Friday, but voters have learnt stability and steadiness don’t preclude poor taste. Migration or superannuation, the spectre of Hanson hangs heavyPauline Hanson keeps setting the agenda, whether she means to or not. The government and Coalition are scrambling to follow. ‘Policy capture’: The week that exposed Labor’s gambling tiesAn explosive week of public hearings exposed the harms of the gambling industry. So why isn’t the government following its own advice on advertising bans?See omnystudio.com/listener for privacy information.

Global fuel prices have been rising again as conflict continues in the Strait of Hormuz. The US has now exported much of its diesel supplies – pushing up prices across the US and Europe. Crude oil prices haven't risen as much due to China's decision to stop exporting refined fuel, but Brent crude prices are rising again after the US and Iran ruled out extending their memorandum of understanding. Westpac Chief Economist Kelly Eckhold told Mike Hosking ultimately, there isn't enough fuel coming out of the Middle East. He says the prices of most fuels are increasing, including jet fuel, and petrol to a lesser extent. LISTEN ABOVE See omnystudio.com/listener for privacy information.

Westpac says changes it is making to its credit card rewards system reflect changing customer preferences. It has removed the option of using credit card points to purchase merchandise and has instead started offering cashback offers to customers. That is alongside its existing hotpoints pay system, which allows customers to use points to clear past transactions or pay for future purchases.

With inflation target timelines pushed out to 2028, hopes for interest rate reductions any time soon are dwindling – but some lenders are already dropping rates out of cycle. Join host Annie Kane and senior journalist Charlie Tchetchenian as they examine the biggest stories shaping the finance broking space this week. This week, they discuss: Why the RBA held the cash rate in August and why rate cuts may not be coming any time soon. What the latest predictions on house price corrections mean for broker clients. CBA's turnaround in broker flows. And much more! Featured stories: RBA cash rate decision https://www.theadviser.com.au/borrower/48792-rba-reveals-latest-cash-rate-decision-2 Michele Bullock on potential higher rates https://www.theadviser.com.au/borrower/48795-bullock-flags-quite-possible-path-to-higher-rates Equifax softening mortgage demand https://www.theadviser.com.au/borrower/48785-mortgage-slump-spreads-across-every-state-and-age-group What the banks have been seeing in flows: Westpac: https://www.theadviser.com.au/lender/48783-mortgage-applications-fall-at-westpac-as-proprietary-share-dips CBA: https://www.theadviser.com.au/lender/48797-cba-broker-flows-rise-as-mortgage-applications-fall ANZ: https://www.theadviser.com.au/lender/48805-anz-applications-slide-as-suncorp-mortgage-book-contracts Interesting data from Agile/Cotality on broker communications https://www.theadviser.com.au/broker/48777-many-brokers-still-quiet-between-client-conversations Congratulations to ABA finalists https://www.theadviser.com.au/broker/48801-finalists-revealed-for-australian-broking-awards-2026

The cost of caring for our oldest, and some of our most vulnerable, is going up so much faster than the funding its receiving that the gap is now somewhere in the region of $650 million. A $650 million dollar funding gap is putting pressure on New Zealand's aged residential care sector, according to a new report from Westpac. The bank says the gap has widened significantly from about $170 million in 2014, as funding fails to keep pace with a rapidly ageing population, rising costs of care and ongoing workforce shortages. It finds ensuring the financial sustainability of the sector is now a key challenge, suggesting reforms to the current funding model. Westpac NZ industry economist Paul Clark spoke with John Campbell

A $650 million dollar funding gap is putting pressure on New Zealand's aged residential care sector, according to a new report from Westpac. Tracey Martin, CEO of Aged Care Association, spoke to John Campbell about the impact the funding shortfall has on the frontline of residential aged care.

A new report finds the funding of aged residential care is not keeping up with the cost of providing it. The Westpac NZ report investigates what challenges and opportunities service providers could face in the future. It finds, with an aging population, people will require more complex and costly care. Westpac economist Paul Clark told Mike Hosking the biggest cost is labour, which made up around 70% of operating costs. He says that highly specialised labour is needed, and as more older people move into aged care facilities, they need higher and higher quality care, which requires better and better labour. LISTEN ABOVE See omnystudio.com/listener for privacy information.

AI, agtech and automation are changing agriculture fast, but are relationships becoming more valuable, not less? This week on AgWatchers, Matt and Andrew are joined by Peta Ward, Westpac's Managing Director, Regional Commercial & Agribusiness, to discuss innovation on farm, the next generation of agricultural leaders and why Westpac is putting bankers back into regional communities.  They also talk regional careers, diversity, the post-COVID shift back to the bush and why understanding the people behind a farm business still matters in an increasingly digital world. Plus, somehow, polar bear nutrition enters the conversation. Listen now at episode3.net/links.

The uncertain economic environment could be the reason for climbing unemployment and declining job ads. The latest Seek data shows job ads fell 0.8 percent last month, the third consecutive month of decline. It suggests conditions remain strongest in the South Island, while centres like Auckland, Wellington, and Waikato face greater headwinds. Westpac Chief Economist Kelly Eckhold says the labour market has not emerged unscathed from the Iran war. "Perhaps at the start of the year, they were looking forward to a much better year, but business confidence really got buffeted around the last three or four months." LISTEN ABOVESee omnystudio.com/listener for privacy information.

The uncertain economic environment could be the reason for climbing unemployment and declining job ads. The latest Seek data shows job ads fell 0.8 percent last month, the third consecutive month of decline. It suggests conditions remain strongest in the South Island, while centres like Auckland, Wellington, and Waikato face greater headwinds. Westpac Chief Economist Kelly Eckhold says the labour market has not emerged unscathed from the Iran war. "Perhaps at the start of the year, they were looking forward to a much better year, but business confidence really got buffeted around the last three or four months." LISTEN ABOVESee omnystudio.com/listener for privacy information.

HEADLINES: RBA has held interest rates today. Experts are warning WA Police's new facial recognition trial could be less accurate for women and people of colour. Recruitment of air traffic controllers is tracking well despite union warnings of widespread shortages, the head of Australia's aviation services says. Take-home assessments could be banned in one state, in a radical overhaul of AI in the classroom. A young Aussie lawyer who took to TikTok to complain about the “constant deadlines” and “extra reading” in her first job has been sacked. US President Donald Trump has signed an executive order calling for fewer childhood vaccinations GET IN TOUCHGot a story, news tip-off, feedback or dilemma?Send us a voice note or email us at thequicky@mamamia.com.au SUBSCRIBER GIVEAWAY: The Out Loud hosts have handpicked their all-time favourite reads and one subscriber is winning the entire 12-book stack. Subscribe to Mamamia here to be automatically entered. Already a subscriber? Don't sweat it, you're already in. T&Cs apply. CREDITSHost: Charlotte Mortlock Audio Producer: Scott Stronach Group Executive Producer: Georgie Page Check out The Quicky Instagram here and our TikTok here Discover more Mamamia podcasts here Did you know some of our shows are now in video on the Apple Podcast app? Make sure your phone is up to date and check it out here! Mamamia acknowledges the traditional owners of the land on which we have recorded this podcast.Become a Mamamia subscriber: https://www.mamamia.com.au/subscribeSee omnystudio.com/listener for privacy information.

Shutterstock Track 1219389 Monetization ID TFGEPGEI0LHEIJAI Kia ora. Welcome to Wednesday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand. I'm David Chaston and this is the international edition from interest.co.nz. Today we lead with news Iran says the Strait of Hormuz will remain closed until the US accepts its conditions. So, stalemate there. However, financial markets are kind of shrugging off these risks. Pakistan claims both sides are still talking however. First up today, the overnight dairy Pulse auction brought a stabilisation in prices with the powders rising about +2% and the milk fats little-changed from last week's full dairy auction. In the US, the ADP weekly jobs monitoring of private payrolls continues to slide, and is under +10,000 and its lowest level since the Christmas holiday season. US existing home sales fell -1.7% in July from June, to be now just +1.7% higher than year-ago levels. US household debt data shows it having topped out with the June quarter lower than the March quarter, which itself was lower than the December 2025 year end level. This is essentially because standard mortgage debt levels fell. But home equity loans rose, as did credit card debt, and car loans. Delinquency rates for credit card debt and car loans remained elevated but didn't get worse in this Q3-2026 data. Sentiment in the US SME sector rose in July, but only back to levels that it had prior to the start of Trump's war on Iran. It is now little different to levels they had from the start of 2025 until March 2026. Eyes are now turning to tomorrow's US inflation data for July. This is expected to stay high at 3.4% and only marginally lower than June's 3.5% and as such it will put pressure on the Warsh-led Fed to move to get inflation back into its policy band around 2%. There seems little likelihood of any progress without some policy action. Across the Pacific, Singapore's economy grew +5.9% in Q2-2026, slowing from a +6.3% expansion in Q1 which was their strongest annual growth since Q3-2024. But this latest updated exceeded advance estimates of a +5.7% expansion. In Malaysia, industrial production slowed again in June and is now 'only' +6.5% higher than year ago levels. It was +8.3% higher on that basis in the month before. But their factory production was up almost +10% on the year-ago basis and that is an accelerating rate. It has been their mining sector that is the one that is falling away. In Australia, the rebound in business confidence as tracked in the influential NAB survey stalled in July as Middle East uncertainty and oil price volatility continued to weigh on sentiment. Meanwhile business conditions showed signs of stabilising after weakening earlier in the year. A Westpac survey for the same period showed the same thing. The RBA has left its cash rate target at 4.35% as widely expected. But is has raised expectations that hikes could come soon if inflation does not retreat in the way they want, but only if market conditions don't move first as they need. One thing they do expect is lower house prices and that will help the affordability crisis. Abd we should probably note that aluminium prices are on the rise again. Although not back to their record high levels in early June, they have shifted sharply up in the past week, perhaps due to their central role in the US-Canada trade discussions. It is a key card Canada holds over the US. Trump's punitive 50% tariffs on Canada are due to kick in on August 20 (NZT). The UST 10yr yield is now just on 4.69%, dipping -1 bp from this time yesterday but essentially holding its new level.  The price of gold is holding at US$4366/oz, up merely +US$2 from yesterday. Silver has dipped -50 USc at just over US$64.50/oz. Oil prices are up +US$1.50 from yesterday at just under US$83.50/bbl in the US, while the international Brent price is now just under US$89/bbl. Hormuz transits are still very low. There have been two crude tankers and only 1 cargo ships exiting over the past 24 hours (1 dark with transponders off) and seven entering for new loads (3 dark), again all Iran-linked. The Red Sea activity is where the focus is shifting and still low with less than 20 either way at the Yemen chokepoint. The Kiwi dollar is essentially unchanged from yesterday at just over 58.8 USc. Against the Aussie we are down -10 bps at 83.3 AUc. Against the euro we have held at 51 euro cents. That all means our TWI-5 starts today at just under 62.5 which is unchanged from this time yesterday. The bitcoin price starts today at US$63,563 and down a -0.5% from this time yesterday. Volatility over the past 24 hours has also been low at just on +/-0.8%. You can get more news affecting the economy in New Zealand from interest.co.nz. Kia ora. I'm David Chaston and we'll do this again tomorrow. Track 1219389 Monetization ID TFGEPGEI0LHEIJAI Audio soundtrack opening is licensed from Shutterstock, Track 1219389 Monetization ID TFGEPGEI0LHEIJAI

HEADLINES: Tonight is Census Night, we detail why you need to do it and what new questions you can expect. Victorian teachers could be in line for a two thousand dollar bonus, as the state government tries to avoid a statewide strike planned for next Wednesday. Mortgage applications have dropped 20 per cent since May's federal budget, and it could be good news for first home buyers. The latest Newspoll shows Labor's primary vote has dropped to its lowest level since Julia Gillard was prime minister. This year's biggest movie has just crossed one billion US dollars at the global box office. And Arizona State University is launching what's believed to be one of the first university degrees in influencing. Sign the petition on 'Australian Parents Demand Less Screen Time in Classrooms' hereGET IN TOUCHGot a story, news tip-off, feedback or dilemma?Send us a voice note or email us at thequicky@mamamia.com.au SUBSCRIBER GIVEAWAY: The Out Loud hosts have handpicked their all-time favourite reads and one subscriber is winning the entire 12-book stack. Subscribe to Mamamia here to be automatically entered. Already a subscriber? Don't sweat it, you're already in. T&Cs apply. CREDITSHost: Charlotte Mortlock Audio Producer: Scott Stronach & Tegan Sadler Group Executive Producer: Georgie Page Check out The Quicky Instagram here and our TikTok here Discover more Mamamia podcasts here Did you know some of our shows are now in video on the Apple Podcast app? Make sure your phone is up to date and check it out here! Mamamia acknowledges the traditional owners of the land on which we have recorded this podcast.Become a Mamamia subscriber: https://www.mamamia.com.au/subscribeSee omnystudio.com/listener for privacy information.

A jolt for banking investors, as Westpac flagged a 20-percent drop in Q3 mortgage applications, blaming the combined effects of three interest rate rises this year, and Federal Budget tax changes. Westpac shares slid nearly 6 per cent. David Scutt of StoneX Group tells Rena Sarumpaet, that should CBA offer similar disappointment in Wednesday's annual result, the best days of the month long banking rally may be past.

SHARESIES · MARKET MOVEMENTS · 11 AUGUST 2026Jacki Neumann, Head of Capital Markets at Sharesies Note: Filmed Monday 10 August ↑ WHAT’S UP — The S&P 500 hit a new record close to finish the week up 3.6%, the Nasdaq up 5.2% in its best week since May, and the ASX 200 climbing 3.2% to its own new record. Strong corporate earnings helped power the rally: Palantir jumped 29.5% after 93% revenue growth, AMD posted record quarterly revenue of US$11.5 billion, and SpaceX surged around 23% on its first public results. ↓ WHAT’S DOWN — ResMed shares fell after a mixed underlying result. Oil was choppy, falling initially on hopes of a deal to reopen the Strait of Hormuz, only to climb later in the week as Iran moved to restrict US and Israeli vessels. ! BIGGEST SURPRISES — The US July jobs report shed 23,000 jobs against expectations to gain around 80,000, even as the unemployment rate fell to 4.1%. Markets read it as easing Fed pressure, cutting September rate-hike odds to 41% from 55%. ◎ WHAT TO WATCH — The RBA decides on Tuesday, with a hold at 4.35% expected, and US July CPI and PPI will test whether price pressures are easing after the oil run-up. Reporting season continues with RocketLab, Cisco and Super Micro in the US, and CBA, ANZ, Westpac, QBE, IAG and Suncorp locally. ◈ BIGGER PICTURE — Records across Wall Street and the ASX show a firmly risk-on market, powered by strong earnings and tentative signs of easing Middle East tensions. Appetite remains for the AI and growth trade, demonstrated by Palantir, AMD, and SpaceX. But unsettled oil prices and the impact of a soft US jobs print sit in the background as potential swing factors. Disclaimer: Sharesies Market Movements is brought to you by Sharesies Australia Limited (ABN 94 648 811 830; AFSL 529893) in Australia and Sharesies Limited (NZ) in New Zealand. This video is general market commentary and educational in nature. It is not financial advice and does not take into account your personal objectives, financial situation or needs. Information is current at the time of recording and may be subject to change. We do not provide recommendations and nothing in this video should be taken as a recommendation to buy or sell any financial product. Investing involves risk. You might lose the money you start with. Past performance is not indicative of future performance. If you require personal financial advice, you should consider speaking with a qualified financial adviser. Our disclosure documents and terms and conditions, including a Target Market Determination and IDPS Guide for Sharesies Australian customers, are available on our relevant Australian or NZ website.See omnystudio.com/listener for privacy information.

Business and finance news from the Asia-Pacific. Oil extended its recent gains as Iran rejected talks with the US and a deal to reopen the vital Strait of Hormuz remained elusive. Treasuries declined. Meanwhile, a gauge of Asian stocks rose 0.4%, with gains for South Korean and Japanese chipmakers. The Kospi Index climbed as much as 2% before trimming its advance, with SK Hynix Inc. and Samsung Electronics Co. among the winners. The move followed Friday's Wall Street rally after soft US jobs data lifted equities, sending the S&P 500 Index to a record high. Bloomberg's Haidi Stroud-Watts spoke to Jasmine Duan, Senior Investment Strategist at RBC Wealth Management Asia. And prices paid by US consumers probably inched up marginally last month after falling for the first time in six years, a welcome tempering in recent war-driven inflationary pressures. The closely watched consumer price index is seen rising 0.1% in July following a 0.4% decline in the prior month, based on the median projection in a Bloomberg survey of economists ahead of Wednesday's Bureau of Labor Statistics release. In the wake of Friday's weak July jobs report, the moderation in price growth may help alleviate some of the inflation anxiety at the Federal Reserve after three officials dissented on July 29 in favor of raising interest rates. Bloomberg's Haidi Stroud-Watts spoke to Illiana Jain, International Economist at Westpac.See omnystudio.com/listener for privacy information.

Cotality research director joined Ross Stevenson and Russel Howcroft to discuss a sharp slowdown in demand from property investors forecast by Westpac.See omnystudio.com/listener for privacy information.

The Australian share market edged lower on Monday despite strong US earnings and easing rate hike expectations. The financials sector declined sharply following Westpac's quarterly update. The Reserve Bank's interest rate decision and press conference loom tomorrow, with markets closely watching for signals on future policy. Key earnings updates from ANZ and CBA are expected this week. Steve Daghlian and Laura Besarati are Market Analysts at CommSec. Each episode, they break down the day's market movements and explain what the numbers really mean. Check out our Market News page Follow us on:InstagramLinkedInYouTubeTikTok 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.

Tre notizie di oggi che sembrano lontane tra loro ma raccontano la stessa cosa: come il denaro si muove quando le condizioni cambiano. E capirlo prima degli altri è il lavoro dell'investitore informato.Berkshire Hathaway ha chiuso il secondo trimestre con un utile netto di 25,67 miliardi di dollari e ha riacquistato azioni proprie per 4,5 miliardi. Un segnale preciso: quando una società compra se stessa, sta dicendo qualcosa sul valore che vede nel proprio titolo. Non è motivazione, è allocazione del capitale. Dall'altra parte del mondo, Westpac riporta un calo del 20% nelle richieste di mutui in Australia dopo modifiche fiscali. Quando la leva fiscale tocca il credito, i consumi e i margini bancari seguono.In Italia, il PUN luce è sceso a 0,15207 €/kWh, un calo dell'11,6% in un solo giorno. Il PSV gas tiene meglio, -0,4%. Energia più economica significa bollette più basse, inflazione percepita in calo e costi ridotti per le aziende energivore quotate.Segui TraDetector Cafe su Spotify e Apple Podcasts. Approfondimenti e analisi su tradetector.com.

Westpac shares slump hard as mortgage applications have dropped 20 per cent since the changes to negative gearing and CGT, oil prices climb as Iran refuses a deal to re-open the Strait. Plus, the RBA makes an interest rate decision tomorrow.See omnystudio.com/listener for privacy information.

Tuesday 11 August 2026 Westpac warns of a slump in home loan applications on the back of tax changes, sending bank share prices and the ASX lower. Prime Minister Anthony Albanese and Opposition Leader Angus Taylor try to negotiate a deal on gambling advertising Treasury Wine Estates writes down its US business, again Weight loss drug Ozempic set to join the pharmaceutical benefits scheme How the war in the Middle East and climate change are combining to create new, faster shipping routes around the globe Hit follow on the podcast so you don’t miss the latest news, and join our free daily newsletter here. And don’t miss the latest episode of How Do They Afford That?, answering a listener question: what happens when the market hits my goal before I do? 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.

Shutterstock Track 1219389 Monetization ID TFGEPGEI0LHEIJAI Kia ora. Welcome to Tuesday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand. I'm David Chaston and this is the international edition from interest.co.nz. Today we lead with news rising oil prices are reigniting inflation concerns and even equity investors have noticed. Bond investors have bid up benchmark bond rates. The Fed next has to deal with this risk in just over a month, but that investors are moving now indicates the heightened concern that Trump's quagmire isn't getting resolved anytime soon. Certainly, his promise of a deal with Iran "very soon", has vanished. Meanwhile, the Yemeni Houthis have struck Saudi related tankers and hit a Saudi oil refinery. So, the conflict is spreading. Markets have reacted as though they expect inflation to rise from here. In Japan, their official 'economy watchers' July survey is signaling continued improvement, especially in their services sector. These survey results took a sharp tumble when the US attacked Iran and the Strait of Hormuz was shuttered. But since then it has climbed back as time has shown that most of the world has adapted effectively, and that includes Japan. Strong exports and a weaker currency have helped. You may recall the recent deadly earthquake in the historic city of Kumamoto. But that hasn't stopped Sony and Taiwan's TSMC announcing yesterday a US$6.3 bln new joint investment into an advanced image sensor plant there. Nikkei has the details. Indonesia's consumer confidence fell in July from June to its lowest level since April 2025 although still in positive territory. The moderation was largely driven by weaker assessments of current economic conditions. And staying in Indonesia, their government has appointed the long-experienced deputy central bank governor to the top position made vacant by the President firing him, foregoing the opportunity to appoint the daughter of the President. This will reassure financial markets that some Turkish-like instability is being avoided. In Australia, bank shares are took a beating yesterday, with Westpac down -5.9%, CBA down -2.1%, ANZ down -1.7% and NAB down -2.4%. The reason is a Westpac Q3 market update that shows their mortgage applications down -11% in the period and are running down -20% following their Federal Budget. Almost all of this fall away is because residential investors are pulling back because the expectation of capital gains is vanishing. Westpac says investor "credit growth" will fall from +9.1% this year to about +4.5% in the next two years. They expect little change in demand by owner occupiers. And don't forget there is an RBA monetary policy review later today. No-one expects any official rate change, but given the high and sticky inflation levels, there will be a lot of interest in their analysis of why they aren't moving to quash it. The UST 10yr yield is now just on 4.70%, up +4 bps from this time yesterday. The price of gold has risen to US$4364/oz, up +US$21 from yesterday. Silver has risen +US$1.50 at just over US$65/oz. Oil prices are up +US$4 from yesterday at just under US$82/bbl in the US, while the international Brent price is now just under US$87.50/bbl, Hormuz transits have dried right up. There have been no crude tankers and only 2 cargo ships exiting over the past 24 hours (0 dark with transponders off) and five entering for new loads (1 dark), again all Iran-linked. The Red Sea activity is where the focus is shifting and still low with less than 20 either way at the Yemen chokepoint. The Kiwi dollar is down -10 bps from yesterday at just over 58.8 USc. Against the Aussie we are little-changed at 83.4 AUc. Against the euro we have held at 51 euro cents. That all means our TWI-5 starts today at 62.5 which is down -10 bps from this time yesterday. The bitcoin price starts today at US$63,860 and down a full -2.0% from this time yesterday. Volatility over the past 24 hours has been modest however at just on +/-1.2%. You can get more news affecting the economy in New Zealand from interest.co.nz. Kia ora. I'm David Chaston and we'll do this again tomorrow. Track 1219389 Monetization ID TFGEPGEI0LHEIJAI Audio soundtrack opening is licensed from Shutterstock, Track 1219389 Monetization ID TFGEPGEI0LHEIJAI

A jolt for banking investors, as Westpac flagged a 20-percent drop in Q3 mortgage applications, blaming the combined effects of three interest rate rises this year, and Federal Budget tax changes. Westpac shares slid nearly 6 per cent. David Scutt of StoneX Group tells Rena Sarumpaet, that should CBA offer similar disappointment in Wednesday's annual result, the best days of the month long banking rally may be past.

History was made this week as HSBC sold its Australian loan book to Blackstone in what is believed to be the largest home loan portfolio transaction globally. From banks selling their loan books to tax reform clarity, join host Annie Kane, commercial content writer Ben Squires, and senior journalist Charlie Tchetchenian as they review the biggest news in mortgage and finance broking this week. This week, they discuss: HSBC's departure from the Australian residential mortgage market. Macquarie and RAMS both complete loan book sales. The first non-bank joins the 5 per cent Deposit scheme. And much more! Featured stories: HSBC to sell Australian home loan book to Blackstone https://www.theadviser.com.au/lender/48741-hsbc-to-sell-australian-home-loan-book-to-blackstone Household Capital completes Macquarie reverse mortgage acquisition https://www.theadviser.com.au/lender/48761-household-capital-seals-macquarie-reverse-mortgage-deal Westpac completes RAMS mortgage book sale https://www.theadviser.com.au/lender/48752-westpac-completes-rams-mortgage-book-sale First non-bank joins 5% Deposit Scheme https://www.theadviser.com.au/lender/48749-first-non-bank-joins-5-deposit-scheme Mortgage demand dives as hardship climbs https://www.theadviser.com.au/borrower/48753-mortgage-demand-dives-as-hardship-climbs  Complaints hit record highs as banking dominates case load https://www.theadviser.com.au/compliance/48760-complaints-hit-record-highs-as-finance-dominates-caseload Treasury revises tax overhaul after releasing new carve-outs https://www.theadviser.com.au/broker/48765-treasury-revises-tax-overhaul-after-releasing-new-carve-outs

An economist believes the number of unemployed Kiwis might be close to peaking. The rate reached an 11-year high in the June quarter, on 5.6 percent - up from 5.4. Many say uncertainty fuelled by the Iran war is discouraging employers from taking on staff. Westpac Senior Economist Michael Gordon says the labour market could be nearing its weakest point. "We were starting to see some momentum picking up in the economy late last year to early this year. Unfortunately, we've had this interruption from the Middle East conflict. Had that not happened, we might be seeing a bit more momentum." LISTEN ABOVESee omnystudio.com/listener for privacy information.

An economist believes the number of unemployed Kiwis might be close to peaking. The rate reached an 11-year high in the June quarter, on 5.6 percent - up from 5.4. Many say uncertainty fuelled by the Iran war is discouraging employers from taking on staff. Westpac Senior Economist Michael Gordon says the labour market could be nearing its weakest point. "We were starting to see some momentum picking up in the economy late last year to early this year. Unfortunately, we've had this interruption from the Middle East conflict. Had that not happened, we might be seeing a bit more momentum." LISTEN ABOVESee omnystudio.com/listener for privacy information.

Labour leader Chris Hipkins discusses Winston Peters' comments; Local board member raises concerns over fast track process; Westpac chief economist on fuel prices and unemployment; Dr Bev Lawton discusses cervical cancer screening review; Quake experts discusses NZ's alert system and preparedness

The government is keeping fuel relief measures in place, predicting more volatility as the conflict drags on. Finance Minister Nicola Willis also indicated the unemployment numbers to be released tomorrow, will likely show an increase in joblessness. Westpac chief economist Kelly Eckhold spoke to John Campbell.

Are major banks failing to link offset accounts, leaving thousands of home loan borrowers out of pocket without even knowing it? Join host Annie Kane, commercial content writer Ben Squires, and senior journalist Charlie Tchetchenian as they review the news of the week. This week, they discuss: Widespread failures uncovered by ASIC across major lenders' mortgage offset accounts. Westpac reversing its cash rate hike forecast following cooler-than-expected CPI data. Pepper Money raising its maximum LVR to 98 per cent alongside AMP's launch of a 40-year investor loan. And much more! News stories mentioned: Banks slammed over offset failures in ASIC probe https://www.theadviser.com.au/compliance/48733-banks-slammed-over-offset-failures-in-asic-probe New lender joins Help to Buy scheme https://www.theadviser.com.au/lender/48720-new-lender-joins-help-to-buy-scheme Productivity Commission calls for overhaul of housing rules https://www.theadviser.com.au/borrower/48730-productivity-commission-calls-for-overhaul-of-housing-rules Westpac scraps double hike call as CPI drops https://www.theadviser.com.au/borrower/48736-westpac-scraps-double-hike-call-as-cpi-drops Lending emerges as leading source of Banking Code breaches https://www.theadviser.com.au/lender/48715-lending-emerges-as-leading-source-of-banking-code-breaches Pepper unveils sweeping expansion of lending parameters https://www.theadviser.com.au/lender/48726-pepper-unveils-sweeping-expansion-of-lending-parameters Bluestone flags major trends reshaping borrowers and credit https://www.theadviser.com.au/lender/48729-bluestone-flags-major-trends-reshaping-borrowers-and-credit 40-year investor loan with 10 years of IO launches https://www.theadviser.com.au/growth/48739-40-year-investor-loan-with-10-years-of-io-launches Qudos Bank brand to be retired in 2027 https://www.theadviser.com.au/lender/48724-qudos-bank-brand-to-be-retired-in-2027

An economist says New Zealand is no longer in a cost of living crisis. New Stats NZ data shows the cost of living for the average New Zealand household increased 3.2% in the year to June 2026 quarter. It's the largest jump in more than four years, with higher petrol prices accounting for almost one-third of the annual increase Westpac Chief Economist Kelly Eckhold told Mike Hosking it isn't a crisis, but concedes it's not a comfortable situation for many. He says cost increases are outstripping wage increases, but it isn't as bad as the post-Covid era. LISTEN ABOVE See omnystudio.com/listener for privacy information.

Nicola Willis will like the inflation number that's come out. More importantly, she'll like the story that number is telling. Remember, her target audience is the squeezed middle. This is the battleground. This is the fight for the soft centre at the election: Labour versus National. These are the voters both parties are targeting. The Stats NZ figure for the year to the June quarter is 3.2 percent. Prices are up for the average Kiwi family. On the face of it, that doesn't sound like good news. But for the roughly one-third of Kiwis who own a home, aka the squeezed middle, the number is better than it could have been. That's because this figure is based on the Household Living-Costs Price Index, not the Consumers Price Index (CPI). CPI inflation is 4.1 percent. This measure is lower at 3.2 percent. Why? Because it takes into account the cost of mortgage interest payments. And the mortgage-interest story is a good one. On these numbers, mortgage interest payments are 15 percent cheaper. Just imagine how bad this figure could have been if interest rates hadn't fallen, or if the Reserve Bank hadn't had the headroom to cut rates. You can see where I'm going with this. If you're an average home-owning family with two kids in New Zealand, you know how important your mortgage is to your sense of financial wellbeing. The smaller it is, the better you feel. So Nicola Willis will see this number as positive for two reasons. First, she'll claim some credit for helping bring mortgage costs down by 15 percent. Even though that's largely the Reserve Bank's doing, she'll argue that the Government created the conditions that made it possible. Second, she'll blame Donald Trump for prices continuing to rise, which isn't entirely untrue. A third of the annual increase is due to petrol prices and that's tied to events involving Trump and Iran. This helps National because it's running this election not only on its own record, which, let's be honest, has been patchy, but also against Labour's record. It's playing the "don't put it all at risk" card and it's playing that card hard. You would have heard that from Nicola Willis on the show. The only problem with these numbers is that they're backward-looking. Yes, interest rates have been coming down but they're starting to climb again. Westpac has moved on fixed rates and you can bet your bottom dollar the other banks will soon follow. LISTEN ABOVESee omnystudio.com/listener for privacy information.

If you're building a fintech leadership team, start at tieronepeople.com - executive search for Fintech.Sam Everington joined Starling Bank ten years ago as one of its first twenty employees. He led the build of the technology that has made Starling a Fintech giant - 4.5 million customers and a 9% share of UK business banking. Mark Bernhardi leads Engine's growth across Australia and New Zealand, having previously held technology roles at Atlassian, nCino and Westpac. Both join Dexter Cousins on a special episode of Fintech Chatter Podcast recorded at the World Credit Union Conference in Sydney July 2026.Engine is the software business Starling spun out four years ago to license its platform to other banks. Sam and Mark explain how Engine gets banks like AMP live on a full core banking platform in under twelve months. They also discuss the opportunity for mutuals and credit unions to compete with much bigger banks and offer their customers the Starling Bank experience using technology platforms like Engine.Sam Everington LinkedIn: https://uk.linkedin.com/in/sameveringtonMark Bernhardi LinkedIn: https://au.linkedin.com/in/mark-bernhardiEngine by Starling: https://enginebystarling.comTier One People: https://tieronepeople.comDexter Cousins LinkedIn: https://www.linkedin.com/in/dextercousinsSend us Fan MailConnect on with Dexter Cousins on LinkedinHire Exceptional Fintech TalentSubscribe on LinkedIn

The Australian Securities and Investments Commission says it has secured a record $830 million in civil penalties orders during the 2025-2026 Financial Year. It launched more than 250 investigations, which led to 25 criminal convictions and 11 individuals being sentenced to prison. Businesses subjected to major civil penalties include Union Standard International Group, HSBC Bank Australia, Westpac, Walker Stores and Mercer Super. SBS Reporter Stephanie Youssef has been speaking with ASIC Commissioner Alan Kirkland

Property investors are waiting for prices to fall, but hesitation could be creating the biggest missed opportunity in today's market. On The Smart Property Investment Show, Liam Garman is joined by Emilie Lauer and Julian Barnes to discuss the biggest stories shaping the market, including falling mortgage demand, shifting investor sentiment, and new opportunities for buyers. The trio explores why more investors are considering new builds following the federal tax changes, while warning that complex contracts and project delays can quickly turn a good deal into a costly mistake. They also discuss the rush into self-managed super funds (SMSF) ahead of the residential borrowing deadline, Westpac's latest lending changes, and why interest rate expectations remain divided. Finally, the episode examines why softer competition, increased vendor discounting, and a more balanced market could give prepared investors greater negotiating power than they've had in years.

Send Us A Message! Let us know what you think.Is the Reserve Bank's latest interest rate hike a sudden shock to the system, or is it actually the clearest sign yet that the economic fog is finally lifting? In this episode of the Week in Review, Debbie Roberts from Property Apprentice breaks down the wave of fresh real estate data for the week ending Friday, 10th of July, 2026. While the mainstream media headlines are busy dancing in panic over the central bank's shift to 2.5%, the underlying economic metrics tell a completely different story—revealing massive silver linings for both property buyers and landlords who look at the numbers with total discipline. The Five Core Topics Discussed:Topic 1: The Consensus OCR Reduction in Stimulus – Breaking down the RBNZ's unexpected decision to raise the Official Cash Rate by 25 basis points to 2.5%, why peak inflation has officially been slashed, and why interest rates may come down faster than bank economists previously projected. Topic 2: The Widening Regional Market Fracture – A deep dive into the latest QV House Price Index showing national values dropping slightly by 0.4%, while the market splits along strict regional lines with Christchurch outperforming Auckland and Wellington. Topic 3: Why "Risky" Properties are Outperforming the Broader Market – Analyzing the bombshell Cotality report revealing that flood-susceptible homes have gained 26.1% in value since 2020—outgrowing unaffected zones as cost-conscious buyers hunt out $100,000 upfront discounts. Topic 4: The Auckland Rental Market Winter Reset – Looking past the headline shock of an 10.9% drop in rental enquiries to reveal why tenant demand remains fundamentally strong year-on-year, and how available stock listings have expanded buyer selection by 10.9%. Topic 5: The Pervasive Fall of Household Interest Costs – Unpacking the latest Westpac household finances chart pack proving that household interest spending has successfully declined for a fifth consecutive quarter, heavily supported by a 3.8% climb in disposable incomes. 

The frustrating reality of having hard-earned commissions ripped away for reasons entirely out of your control has been the bane of the industry for years, but the fight to make them fairer has come back into the spotlight again. Join host Annie Kane, commercial content writer Ben Squires, and senior journalist Charlie Tchetchenian as they review the news of the week. The team looks at the FBAA's recent submission to government flagging how clawbacks might amount to an unfair trading practice, One Nation's proposed 30-year government-backed mortgages, and the latest levy costs from ASIC. This week, they discuss: How the FBAA is taking the fight over "unfair and inequitable" lender clawbacks directly to Treasury. Why the MFAA is demanding that home lending be placed at the very front of the government's new digital identity rollout. The looming 17 per cent surge in ASIC levies that is set to hit credit intermediaries and aggregators where it hurts. And much more! News stories mentioned: Clawbacks under fire as FBAA slams lender tactics https://www.theadviser.com.au/broker/48678-fbaa-urges-crackdown-on-unfair-lender-practices MFAA says lending must sit at heart of verifiable credentials https://www.theadviser.com.au/broker/48683-mfaa-says-lending-must-sit-at-heart-of-verifiable-credentials ASIC levies surge for credit intermediaries https://www.theadviser.com.au/compliance/48667-asic-levies-surge-for-credit-intermediaries One Nation proposes government-backed 30-year fixed mortgages https://www.theadviser.com.au/borrower/48672-one-nation-proposes-government-30-year-fixed-mortgages Non-banks plugged into open banking data grid https://www.theadviser.com.au/lender/48669-non-banks-plugged-into-open-banking-data-grid Westpac locks in major cash rate prediction https://www.theadviser.com.au/borrower/48662-westpac-locks-in-major-cash-rate-prediction Commercial Finance Awards launches for 2026 https://www.theadviser.com.au/broker/48668-commercial-finance-awards-launches-for-2026

The S&P/ASX 200 has closed flat, despite Donald Trump saying the US would reinstate a blockade on Iranian ships transiting through the Strait of Hormuz and impose a 20 per cent toll fee. As a result, crude prices surged in their biggest one-day increase since 2020. For more, Stephanie Youssef spoke with Marcus Today senior market analyst Henry Jennings. The latest consumer sentiment reading by Westpac and the Melbourne Institute has shown confidence rose to 83.9 in July, as lower petrol prices and easing interest rate expectations provided some relief for households, though pessimists still outnumber optimists. For more, Stephanie Youssef spoke with Westpac senior economist Matthew Hassan.The S&P/ASX 200 has closed flat, despite Donald Trump saying the US would reinstate a blockade on Iranian ships transiting through the Strait of Hormuz and impose a 20 per cent toll fee. As a result, crude prices surged in their biggest one-day increase since 2020. For more, Stephanie Youssef spoke with Marcus Today senior market analyst Henry Jennings. The latest consumer sentiment reading by Westpac and the Melbourne Institute has shown confidence rose to 83.9 in July, as lower petrol prices and easing interest rate expectations provided some relief for households, though pessimists still outnumber optimists. For more, Stephanie Youssef spoke with Westpac senior economist Matthew Hassan.

New research shows most Kiwis are worried about the impact the Iran war is having on their back pockets, and that was before President Trump declared the war back on this week. Reuben Tucker, Westpac NZ's Managing Director of Institutional and Business Banking spoke to Ingrid Hipkiss.

Weekly Political Panel: Simon Watts and Carmel Sepuloni; Police president questions need for move-on bill; Westpac leader on concerns over Iran war fallout; Prominent doctors seek overhaul of public healthcare; Law firms place less emphasis on grades alone

New data shows that business confidence has picked up for in the June quarter, but Middle East tensions and higher fuel prices remain a concern. The latest NZIER survey shows a net 12 percent of business owners are feeling positive - up from just 1 percent in March. Westpac senior economist Michael Gordon says things are changing day-to-day, and it's unclear where things will end up. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Ricardo Gonçalves examines why Westpac Chief Economist Luci Ellis now expects the RBA to begin cutting interest rates in 2027 instead of 2028, while still forecasting two more rate rises before then. Plus, the Australian sharemarket ends a four-day losing streak, with miners leading the gains as gold and uranium stocks rally, while Telstra slips further following its recent network outage. Dianne Colledge from Morgans also joins the podcast to break down the day's market moves and discusses the latest wave of US IPOs.

For the first time in three years the Reserve Bank has lifted the official cash rate, economists are divided on whether that's the right call, although there's agreement more increases are coming before the end of the year. Westpac senior economist Michael Gordon spoke to Ingrid Hipkiss.

Nicola Waldren has started, I assume, as she means to go on, with a shot across the bow at the Government. She is the new Restaurant Association head - her appeal is the one you thought it might be. She wants the Government to listen. She relitigates Covid. Lockdowns and slow border openings. The rates, the insurance, domestic consumer sentiment. She wants whoever wins the election to listen. I have sympathy for her. Good news: 1) the lockdown era is over. 2) The insurance “cost plus” rating era isn't over sadly, but things like rate caps may help. And 3) as for consumer sentiment, a couple of things. Firstly, sentiment is fine. Not right now, but pre-Iran we were off to the races, and we will be off to the races again. Iran was not our fault, was not the Government's fault, it was Trump's, and all we can do is suck it up. But those Q1 GDP numbers, along with their associated previous quarter revisions, showed this country was growing nicely. Westpac updated their data last week – they have increased growth for the rest of the year. So that should take care of that. But can I, as a restaurant goer, make an appeal to the Association, and indeed the industry? This is a two-way street. There is too much of the industry that, to put it bluntly, are useless. We are over hospo'd – every immigrant and their mum opens a takeaway or café or restaurant. They may or may not know what they are doing. Too many employ imbeciles who are not into service. Too many have nonsense hours. Too many offer inferior products at first class prices. We have an industry of two parts: well established, successful operators who get it, deliver it, and prosper as a result, and we have fly-by-nighters in a boom bust cycle going nowhere. The reason liquidations are so high in hospo is because most of them never stood a chance, because they didn't deserve to. Ask for all the government help you want, but help yourself first. Single out your rock stars and tell the others to replicate, or at least have a good crack at replication. Want for more, aim higher, work harder, be more determined. We have enough stars to know it's possible – the precedent is already there.See omnystudio.com/listener for privacy information.

On this Zero Limits Podcast Matty Morris chats with Jake Cleal-Cook NSW State Emergency Service and WestPac Lifesaver Rescue Helicopter Rescue Crew OfficerJake Cleal-Cook is a Rescue Crew Officer with the Westpac Life Saver Rescue Helicopter Service in Sydney, where he specialises in helicopter winch operations. He has responded to major flood disasters across New South Wales, conducting winch rescues in conditions that are complex, rapidly changing, and where access, information and time are rarely on your side.Away from aviation, Jake is a senior flood rescue operator with the NSW State Emergency Service, and chairs the Service's Capability Development Group — a role through which he actively shapes how modern flood rescue capability is built and refined across the state.He is driven by a straightforward goal: better outcomes for people in their worst moments. That drive carries through everything he does — from operations, to capability development, to the conversations he hosts on his podcast, Rescue Ready, where he brings those learnings to a wider audience.Send us a text however note we cannot reply through these means. Please message the instagram or email if you are wanting a response. Support the showWebsite - www.zerolimitspodcast.comInstagram - https://www.instagram.com/zero.limits.podcast/?hl=enHost - Matty Morris www.instagram.com/matty.m.morrisFor the new Zero Limits Pre workout and creatine supplements head to link belowZero Limits Supplements - www.zerolimitssupplements.comSponsorsInstagram - @gatorzaustraliawww.gatorzaustralia.com15% Discount Code - ZERO15(former/current military & first responders 20% discount to order please email orders@gatorzaustralia.com.auInstagram - @3zeroscoffee3 Zeros Coffee - www.3zeroscoffee.com.au10% Discount Code - 3ZLimitsInstagram - @getsome_auGetSome Jocko Fuel - www.getsome.com.au10% Discount Code - ZEROLIMITS

In this episode of the Cannes Sessions, Conor Byrne takes us through another packed day on the Croisette, starting with the CMOs in the Spotlight session featuring Jill Kramer of Mastercard, Michelle Klein of Westpac, Manuel “Manolo” Arroyo of The Coca-Cola Company, and Suhayl Limbada CMO of KFC India. There were big themes running through the day: how legacy brands stay useful, why marketers need to understand the P&L, what happens when creativity meets commercial pressure, and why the best brands do not throw away their distinctive assets just because the world has changed. There is also a brilliant conversation with Maddy Cooper, Founder and CEO of Flourish, on how AI can help marketers in regulated sectors get work to market faster without creating a compliance nightmare. That matters because the future of marketing is not just more content, more formats and more channels. It is whether brands can still make sharp, responsible, commercially useful work at the speed the market now demands. The Digital Voice team were also out on the Croisette speaking to marketers including Langton McCombe from Particular Audience, Rory McDonald from Market Media at The Warehouse Group, and Alex Springer from OpenAttribution.org about retail media, incrementality, AI, ROAS, creativity, and what Cannes is really for and James Taylor CEO of Particular Audience.And, of course, there was a big moment for Ireland, with Heineken's The Pub That Refused To Die winning a Grand Prix, plus a look ahead to the Cannes Young Lions results where Darragh Spain and Fardosa Flanagan from 123.ie represented Ireland in the Young Marketers category along with lots of amazing talent representing Ireland.01:18 – CMOs in the Spotlight: Mastercard, KFC India, Westpac and Coca-Cola02:01 – Why Mastercard is re-examining the Priceless platform03:14 – KFC, Gen Z, universal truths and the role of the Colonel04:19 – Westpac, jingles, legacy brands and speaking the language of the CFO05:14 – Coca-Cola, creativity, behaviour and why great teams matter more than big budgets11:28 – Spending time with Jonnie Cahill and the value of generous senior marketers15:03 – Maddy Cooper on Flourish, AI, compliance and regulated marketing18:29 – Inside the Cannes Lions work exhibition21:00 – Ireland's Grand Prix moment for Heineken23:58 – Langton McCombe on retail media, commerce media and incrementality26:32 – Rory McDonald on creativity, ROAS and business outcomes29:54 – Alex Springer on attribution, AI, influence and the future of content34:26 – Final reflections from Cannes Sessions 2026Thanks to The Digital Voice for partnering on the Cannes Sessions.Find out more:The Digital Voice: thedigitalvoice.co.ukFlourish: flourishingworld.comThat's What I Call Marketing: follow the podcast for more conversations with the people shaping modern marketing.That's What I Call Marketing is where marketers come for real conversations about brand, B2B, creativity, effectiveness and the future of the profession.Hosted by Conor Byrne, the show features conversations with CMOs, marketing leaders, agency leaders, authors, thinkers and practitioners about what good marketing looks like in practice.Listen, follow and find more episodes at: https://www.thatswhaticallmarketing.comConnect with Conor on LinkedIn: https://www.linkedin.com/in/conorbyrneirl/If you enjoy the show, please follow, subscribe and leave a review. It helps more marketers find the conversations. Hosted on Acast. See acast.com/privacy for more information.

Signs the economic fallout from the Iran conflict may be shorter-lived than feared. Westpac economists are forecasting brighter outlooks for inflation, interest rates and the wider economy, as fuel price concerns ease. They expect GDP growth to reach two percent this year, while inflation is forecast to peak this quarter before declining. Chief Economist Kelly Eckhold told Mike Hosking the oil market has been more resilient than many expected. He says headline inflation globally isn't rising as quickly, and the urgency central banks previously felt to raise rates is no longer there. LISTEN ABOVESee omnystudio.com/listener for privacy information.

What happens when a software company building AI tools for HR teams uses those same tools to transform itself? Josh McKenzie, Chief Technology Officer at ELMO Software Group, shares how his team rebuilt their entire software development lifecycle around AI agents and redrew the boundaries of every engineering role. He breaks down how to lead that shift without losing people's trust, why domain expertise is the real SaaS moat, and how the right analytics partner unlocks decisions HR teams have never been able to make before. Key Moments: The SaaS Moat: What AI Can't Erode (06:37): Josh argues SaaS value runs deeper than software. Accountability, compliance, and domain expertise keep purpose-built platforms irreplaceable. How ELMO's AI Journey Started (10:23): ELMO started by mapping every role against AI impact. Turning that lens on their own engineering team set the full transformation in motion. Why ELMO Chose ThoughtSpot Over Building Its Own Analytics (18:42): A homegrown tool requiring too much user expertise led ELMO to look elsewhere. ThoughtSpot Spotter and natural language capabilities closed the gap. Why HR Teams Are the Most Underserved (20:21): Payroll here, benchmarking data there, performance data somewhere else. HR teams have been drowning in spreadsheet hell for years. Josh explains how AI finally closes that gap. From Engineer to CTO: Build a Team of Complements (24:17): Josh reflects on the mindset shift that defined his path to the C-suite. Great leadership means building a team whose strengths cover your blind spots. Key Quotes: “ ThoughtSpot was particularly interesting for us… The big thing for us was the Spotter product. Allowing users to bridge that data analyst gap was really important. So, that product has yielded really, really great results for us.” - Josh McKenzie “I think it's really important that we instill a culture where it's okay to fail, and it's okay to make a mistake. You want to be vocal about your mistakes so others don't repeat the same mistake.” - Josh McKenzie “My belief is you want to focus on your secret sauce. So, what is the thing that makes your business super successful? And for us, that's where we came to look at ThoughtSpot. It has a really nice visual user interface and allows you to create some great dashboards.” - Josh McKenzie Mentions Hiring and Onboarding Taking Longer Despite Widespread AI Adoption, New Australian Research Finds The 5 Levels of AI Coding (Why Most of You Won't Make It Past Level 2) WireGuard: Next Generation Kernel Network Tunnel | Jason A. Donenfeld Guest Bio As the Chief Technology Officer, Josh McKenzie is responsible for both technical strategy and delivery (build, release and operation) of the ELMO product suite. Josh has a proven track record of successfully leading technology teams and implementing transformative strategies that enhance efficiency, drive growth, and elevate overall technological capabilities. Josh has 20 years of experience in technology, primarily in FinTech. Before joining ELMO in 2024, Josh held executive and senior positions at Lendi Group, OFX, ASX and Westpac. Josh holds a Bachelor of Computer Science from the University of Newcastle and an MBA from the University of Sydney. Hear more from Cindi Howson here. Sponsored by ThoughtSpot.

Other banks are expected to follow suit as ANZ drops its mortgage rates from today. Its standard one-year fixed home loan rate's dropping by 14 basis points to 5.25%, while the two and three-year rates will be cut by 20 basis points. The move comes after Westpac cut its longer-term home loan rates last week. Loan Market CEO Bruce Patten told Mike Hosking banks are all a bit quiet at the moment. The mortgage advisor says they had a really busy period before Christmas and then the Iran war kicked off in February, so he thinks the move is an attempt to stir up business. LISTEN ABOVE See omnystudio.com/listener for privacy information.

Το διοικητικό συμβούλιο της αποθεματικής τράπεζας, Reserve Bank of Australia, συνεδριάζει σήμερα και αύριο και οι Westpac, ANZ, Commonwealth Bank και NAB προβλέπουν ότι θα αποφασίσει να αφήσει αμετάβλητα τα επιτόκια στο 4.35%.