The Latest Breaking News from Westpac

The Reserve Bank is prepared to hike interest rates again in June, but has signalled mortgage bills may now be high enough cool inflation.

Consumers remain down in the dumps after the 2023/24 federal budget failed to meet the expectations of those under financial stress.

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The Australian share market has closed higher after Westpac posted a $4 billion profit in its half-yearly results. Look back on the day's events as they happened with our blog.

Some of Australia’s big banks are posting gargantuan profits this week as rising mortgage bills fatten their coffers.

The US Federal Trade Commission has unveiled a proposal that would bar social media giant Meta from profiting off the personal data collected from child users. The FTC is accusing Facebook and Instagram's parent company of repeated violations of data privacy policies. Also in the show, regional US lender WestPac…

Here is a breakdown of which major banks have responded to the RBA's decision, and which ones we're still waiting on.

For many of the Reserve Bank’s first 10 increases, the question was the size of the hike – not whether one was coming

But CBA, the nation’s largest mortgage lender, thinks a rise to 3.85% is likely before cuts start in November