#westpac — Public Fediverse posts

NAB makes major RBA rate hike call as unemployment rate jumps: ‘Balance of risks has shifted’

All of the Big Four banks expect the RBA will hold interest rates in June, but there could…
#NewsBeep #News #Economy #ANZ #AU #Australia #Business #expectations #interestrates #NAB #ratehike #ratehikes #ReserveBankofAustralia #unemploymentrate #Westpac
https://www.newsbeep.com/au/686620/

NAB makes major RBA rate hike call as unemployment rate jumps: ‘Balance of risks has shifted’

All of the Big Four banks expect the RBA will hold interest rates in June, but there could…
#NewsBeep #News #Economy #ANZ #AU #Australia #Business #expectations #interestrates #NAB #ratehike #ratehikes #ReserveBankofAustralia #unemploymentrate #Westpac
https://www.newsbeep.com/au/686620/

"[Westpac NZ chief executive Catherine] McGrath herself was featured in a fake article, which was linked from Meta platforms, which showed deep fakes of her clashing with NZ First leader Winston Peters. The bank lodged complaints with Meta, which the bank said were ignored."

https://www.1news.co.nz/2026/04/23/meta-missing-in-action-over-social-media-deep-fake-scams-westpac/

If a TV station broadcast stuff like this, and management refused to take meaningful action to prevent a repeat, they'd be shut down. Why not FB?

#SocialMedia #scams #Westpac #NZ #Meta #FaceBook

Oh wow. Just been reading; for a #PayID payment into a #Westpac account the period whereby the sender can claim it was a Mistaken Internet Payment is.... wait for it... 7 months!!! You can be scammed 7 months after receiving payment. And the best bit, the banks might not even tell you, they just accept each other's word and transfer the money back.
I am learning lessons this week.
Section 6.19 of their Online Banking T&Cs

1 in 3 Kiwis have less than $500 in savings as people grapple with high costs – Westpac

“Saving more money might feel unrealistic for many people right now … but taking some time to review…
#NewsBeep #News #Economy #500 #according #as #Balance #Business #costs #Data #from #grapple #have #high #in #kiwis #less #more #People #Savings #than #third #UK #UnitedKingdom #westpac #with #zealanders
https://www.newsbeep.com/uk/442679/

https://www.europesays.com/uk/785228/ 1 in 3 Kiwis have less than $500 in savings as people grapple with high costs – Westpac #‘high #‘less #500 #According #as #balance #Business #costs #Data #Economy #from #grapple #have #in #kiwis #more #People #Savings #than #third #UK #UnitedKingdom #Westpac #with #zealanders

1 in 3 Kiwis have less than $500 in savings as people grapple with high costs – Westpac

“Saving more money might feel unrealistic for many people right now … but taking some time to review…
#NewsBeep #News #Economy #500 #according #as #AU #Australia #Balance #Business #costs #data #from #grapple #have #high #in #kiwis #less #more #people #Savings #than #third #Westpac #with #zealanders
https://www.newsbeep.com/au/499961/

1 in 3 Kiwis have less than $500 in savings as people grapple with high costs – Westpac

“Saving more money might feel unrealistic for many people right now … but taking some time to review…
#NewsBeep #News #Economy #500 #according #as #AU #Australia #Balance #Business #costs #data #from #grapple #have #high #in #kiwis #less #more #people #Savings #than #third #Westpac #with #zealanders
https://www.newsbeep.com/au/499961/

RBA ‘wild card’ that could derail unanimous interest rate hike call from Big Four banks

The RBA is widely expected to hike the cash rate by 0.25 percentage points on Tuesday, with all…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Economy #BelindaAllen #BigFour #Business #cashrate #commonwealthbank #InterestRates #NAB #ratehike #Ratehikes #ReserveBankofAustralia #westpac
https://www.newsbeep.com/us/442480/

RBA ‘wild card’ that could derail unanimous interest rate hike call from Big Four banks

The RBA is widely expected to hike the cash rate by 0.25 percentage points on Tuesday, with all…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Economy #BelindaAllen #BigFour #Business #cashrate #commonwealthbank #InterestRates #NAB #ratehike #Ratehikes #ReserveBankofAustralia #westpac
https://www.newsbeep.com/us/442480/

Electricity bill warning for millions of Aussies households as $800 a year savings flagged

Electricity bills could rise by 24 per cent this year, according to ABS and Westpac analysis. (Source: Getty)…
#NewsBeep #News #Economy #AU #Australia #AustralianBureauofStatistics #Australianhouseholds #Business #electricitybills #SolarSharer #Westpac
https://www.newsbeep.com/au/437571/

Apparently have succeeded in sending $500 to a relative in South Africa.

#Westpac has, during this process;
suspended my internet and phone banking,
demanded I visit a branch in person to verify my ID,
not taken the block off my phone banking when they should have,
not sent a OTC as requested, etc, etc.

ABSA has charged +$50 to return money they wouldn't deposit into an account that they'd received the details for.

And WU website didn't work nicely either.

May send $ overseas?
Set it up now.

Tried "international banking" with SWIFT / BIC codes etc using a big Australian bank, Westpac.

They blocked my internet banking in retaliation.

Had to attend a branch in person and then wait +3 hours for a verification phone call to get access to internet banking again.

Fortunately no one was in urgent need of the money.
And hopefully I'll be able to smoothly transfer money in future.
But the ✓@π§∆°! service.

#Westpac

So why does the Westpac CEO bloke get a free spruiking session on the supposedly non-commercial ABC just because Westpac sponsor cricket?? #Westpac #ABCAustralia #TheAshes

Westpac keeps regional branches for another three years after federal inquiry

One of Australia’s largest banks has committed to retaining regional branches for another three years, following a federal…
#NewsBeep #News #Business #AU #Australia #bankclosures #bankinginquiry #federalinquiry #moratoriumextension #regionalbanking #senatebankingreport #senatormattcanavan #WANews #Westpac
https://www.newsbeep.com/au/291309/

@John wait until you try and withdraw over $10k cash. Assuming you can a) find a branch b) it's not gone cashless.
#Westpac were also the first institution I've ever dealt with in my life that rejected my signature (it went a little outside of the Sign Here box).

#Fucking #Westpac #threatening to close my account if I don’t provide #ID documents. The same documents I provided over 40 years ago to open the account!

(Not spam, via my banking app)

They also demand the right to forward my details to 3rd parties.

They also want my #birthCertificate. Getting one will cost about $85. And I’lI need to have a #JusticeOfThePeace verify other ID documents before #Qld Births, Deaths & Marriages issue it!

What fresh new hell is this Westpac!? #auspol $$$$$

#Fucking #Westpac #threatening to close my account if I don’t provide #ID documents. The same documents I provided over 40 years ago to open the account!

(Not spam, via my banking app)

They also demand the right to forward my details to 3rd parties.

They also want my #birthCertificate. Getting one will cost about $85. And I’lI need to have a #JusticeOfThePeace verify other ID documents before #Qld Births, Deaths & Marriages issue it!

What fresh new hell is this Westpac!? #auspol $$$$$

#Fucking #Westpac #threatening to close my account if I don’t provide #ID documents. The same documents I provided over 40 years ago to open the account!

(Not spam, via my banking app)

They also demand the right to forward my details to 3rd parties.

They also want my #birthCertificate. Getting one will cost about $85. And I’lI need to have a #JusticeOfThePeace verify other ID documents before #Qld Births, Deaths & Marriages issue it!

What fresh new hell is this Westpac!? #auspol $$$$$

@slackbastard

Peter Thiel a central actor in the breakdown of the American democratic experiment & influences UK and Australian “conservative” politics and religion.

https://lucyham29.substack.com/p/peter-thiel-and-australian-rightwing

#Palantir supports Trump’s #ICE mass deportation agenda; assists the #IDF #Ai weapons & Australian government #surveillance … #Coles #RioTinto #WestPac

https://www.crikey.com.au/2025/07/08/palantir-tech-artificial-intelligence-coles-westpac-rio-tinto-ice-idf/

#Billionaires #Capitalism #MilitaryindustrialComplex #Oligarchs #PeterThiel #Plutocrats #RichPeoplesYachtMoney

ANZ, ASB and Westpac react to OCR cut: Floating, flexible loan rates down after Reserve Bank decision

ASB has also trimmed interest rates for customers, with executive general manager personal banking Adam Boyd saying there…
#NewsBeep #News #Economy #50basispoint #after #and #anz #asb #bank #banks #Business #cash #cut #decision #down #flexible #Floating #loan #ocr #official #rate #rates #react #reacting #Reserve #to #today #UK #UnitedKingdom #westpac
https://www.newsbeep.com/uk/184867/

Apparently I can close all my accounts with #Westpac, but I'm still gonna get emails from them – and those emails won't include any unsubscribe options.

So, updated email filters it is. Fucking banks.

I also asked, if #Westpac have been mailing me at an old P.O. Box addy, why did they send this particular letter to my home addy?

“Ummmmm…”

All very weird. I wonder what they spent all that money on.

And how did they verify/activate the card after receiving it?

#Westpac

I received a letter at my home address today - my #account & #MasterCard have been #closed due to #nonpayment of over $5,000 on the card.

I haven’t had a MasterCard since 2005 & use a debit card.

I rang to see #WTF was going on. “We’ve been sending you letters”.

This letter is the 1st I heard about it.

“We’ve been sending letters to your P.O. Box”.

I haven’t had a P.O. Box since 2010.

“Hmmm”

My guess, my old P.O. Box received a credit card in my name & went shopping. #auspol

#Westpac

I received a letter at my home address today - my #account & #MasterCard have been #closed due to #nonpayment of over $5,000 on the card.

I haven’t had a MasterCard since 2005 & use a debit card.

I rang to see #WTF was going on. “We’ve been sending you letters”.

This letter is the 1st I heard about it.

“We’ve been sending letters to your P.O. Box”.

I haven’t had a P.O. Box since 2010.

“Hmmm”

My guess, my old P.O. Box received a credit card in my name & went shopping. #auspol

#Westpac

I received a letter at my home address today - my #account & #MasterCard have been #closed due to #nonpayment of over $5,000 on the card.

I haven’t had a MasterCard since 2005 & use a debit card.

I rang to see #WTF was going on. “We’ve been sending you letters”.

This letter is the 1st I heard about it.

“We’ve been sending letters to your P.O. Box”.

I haven’t had a P.O. Box since 2010.

“Hmmm”

My guess, my old P.O. Box received a credit card in my name & went shopping. #auspol

#Westpac

I received a letter at my home address today - my #account & #MasterCard have been #closed due to #nonpayment of over $5,000 on the card.

I haven’t had a MasterCard since 2005 & use a debit card.

I rang to see #WTF was going on. “We’ve been sending you letters”.

This letter is the 1st I heard about it.

“We’ve been sending letters to your P.O. Box”.

I haven’t had a P.O. Box since 2010.

“Hmmm”

My guess, my old P.O. Box received a credit card in my name & went shopping. #auspol

#Westpac

I received a letter at my home address today - my #account & #MasterCard have been #closed due to #nonpayment of over $5,000 on the card.

I haven’t had a MasterCard since 2005 & use a debit card.

I rang to see #WTF was going on. “We’ve been sending you letters”.

This letter is the 1st I heard about it.

“We’ve been sending letters to your P.O. Box”.

I haven’t had a P.O. Box since 2010.

“Hmmm”

My guess, my old P.O. Box received a credit card in my name & went shopping. #auspol

Westpac Bank has achieved top marks in its latest customer satisfaction survey, with 100% of responses indicating an overwhelmingly positive option of the bank. It's unknown if anyone expressed a negative option or what happened to those surveys. It's a mystery.

#Westpac #WestpacBank

Climate Action Merribek was one of 474 organisations to endorse the Banking on Climate Chaos report. In the League tables ANZ ranked 52, NAB ranked 56, Westpac ranked 60, and Commonwealth Bank ranked 62.

#ClimateCrisis #Finance #ANZ #NAB #Westpac #CommBank
https://insideclimatenews.org/news/17062025/banks-continue-to-back-fossil-fuel-industry/

Climate Action Merribek was one of 474 organisations to endorse the Banking on Climate Chaos report. In the League tables ANZ ranked 52, NAB ranked 56, Westpac ranked 60, and Commonwealth Bank ranked 62.

#ClimateCrisis #Finance #ANZ #NAB #Westpac #CommBank
https://insideclimatenews.org/news/17062025/banks-continue-to-back-fossil-fuel-industry/

Climate Action Merribek was one of 474 organisations to endorse the Banking on Climate Chaos report. In the League tables ANZ ranked 52, NAB ranked 56, Westpac ranked 60, and Commonwealth Bank ranked 62.

#ClimateCrisis #Finance #ANZ #NAB #Westpac #CommBank
https://insideclimatenews.org/news/17062025/banks-continue-to-back-fossil-fuel-industry/

Climate Action Merribek was one of 474 organisations to endorse the Banking on Climate Chaos report. In the League tables ANZ ranked 52, NAB ranked 56, Westpac ranked 60, and Commonwealth Bank ranked 62.

#ClimateCrisis #Finance #ANZ #NAB #Westpac #CommBank
https://insideclimatenews.org/news/17062025/banks-continue-to-back-fossil-fuel-industry/

Climate Action Merribek was one of 474 organisations to endorse the Banking on Climate Chaos report. In the League tables ANZ ranked 52, NAB ranked 56, Westpac ranked 60, and Commonwealth Bank ranked 62.

#ClimateCrisis #Finance #ANZ #NAB #Westpac #CommBank
https://insideclimatenews.org/news/17062025/banks-continue-to-back-fossil-fuel-industry/

#Westpac is joining the #ShitList of #CrapApps.

1. I enter changes to details.
2. They send me a security SMS.
3. I go to SMS app to get the code.
4. I go back to Westpac app.
5. They've wiped the details previously entered.
Go to step 1. etc, etc, etc, etc.

#AppDesign #DesignFail

#Westpac is joining the #ShitList of #CrapApps.

1. I enter changes to details.
2. They send me a security SMS.
3. I go to SMS app to get the code.
4. I go back to Westpac app.
5. They've wiped the details previously entered.
Go to step 1. etc, etc, etc, etc.

#AppDesign #DesignFail

#Westpac is joining the #ShitList of #CrapApps.

1. I enter changes to details.
2. They send me a security SMS.
3. I go to SMS app to get the code.
4. I go back to Westpac app.
5. They've wiped the details previously entered.
Go to step 1. etc, etc, etc, etc.

#AppDesign #DesignFail

#Westpac is joining the #ShitList of #CrapApps.

1. I enter changes to details.
2. They send me a security SMS.
3. I go to SMS app to get the code.
4. I go back to Westpac app.
5. They've wiped the details previously entered.
Go to step 1. etc, etc, etc, etc.

#AppDesign #DesignFail

#Westpac is joining the #ShitList of #CrapApps.

1. I enter changes to details.
2. They send me a security SMS.
3. I go to SMS app to get the code.
4. I go back to Westpac app.
5. They've wiped the details previously entered.
Go to step 1. etc, etc, etc, etc.

#AppDesign #DesignFail

Review of #UPbank.

My husband and I have got rid of our mortgage and our usual bank has been bought out by #anz so we decided we wanted to have fun.

Looking around we discovered #UpBank. We do have quite a bit of savings so I thought I should do my homework. There were several things:

1. They are a youth version of banking backed by the Bendigo and Adelaide Bank.
2. The website is very colourful and flashy so had to check everything out.
3. There were mixed reviews online. People who said it was great, people who hated it.

So we thought why not and OMG is it fun.

My husband and I created our own Up accounts and then created a joint 2Up Account. Debit card numbers supplied with all.

Every transaction we get pinged on so we both know when money is coming in and out…so much better than our previous bank. Also I have had Commbank accounts prior to #suncorp and my #SMSF is in #westpac, chinese walls and all that. None of these big banks thought joint account owners should be told when money is moving around.

So any bill I set up to be paid my husband knows it is paid and won’t nag me later to ask if it is paid. Bliss.

The savings tool in Up is ….I’m going to say…awesome. So much fun. I’ve set up all sorts of buckets for different reasons. As interest rates are a joke I really don’t care whether theirs is more or less than someone else’s. In my financial brain they are about right.

The app is very easy to use…..but I like playing with apps, I don’t think I would put my 80+ year old parents on it.

We got our daughter to set up one as she will be boarding next year in another state and we wanted something that she could work with. She was always having problems with the stodgy Suncorp App.

Don’t think #Upbank is laps on security. I got put on hold when trying to, stupidly, transfer money to my husband. I hadn’t yet got my head around how easy this thing was and did something dumb. After a couple of hours, with passport photo check on New Year’s day, all was sweet.

You don’t have to get a debit card printed…they are using all wallet functionality and I always forget to have the card on me….I wish the state governments would hurry up with drivers licences.

If you like to hold a debit card in your hand you get one provided. Your choice.

So to summarise:

* getting rid of my credit card (yah!)
* moving my company to the stodgy version of Bendigo and Adelaide Bank because you know companies can’t have good communication fun.
* Setting up my 12 year old on B&A Bank as he isn’t old enough to join #upbank yet.

* still having fun transferring my money over from my old bank to Up. I am taking it slowly and checking everything and slotting the money into appropriate savings groups.
* I get insights so I can see where the money is being spent.
* I open up my savings so I watch the money splash around. Never get tired of it.

@blakeheathsnow Maybe shareholders can pay extra every time they buy or sell #Commbank #Westpac #NAB etc shares. That would be a #fairgo 🤔

Did someone at #Westpac NZ have a moment? I feel that.

Australia's banking system is rigged in favor of the big banks, leading to record profits for them while everyday Aussies struggle with rising interest rates and mortgage repayments. The lack of competition in the banking sector allows banks to pass on costs to borrowers without sharing the benefits with savers, resulting in a massive transfer of wealth from the average punter to bank CEOs and shareholders
#BigBankProfits #AussieMortgageCrisis #BankingReform #InterestRateHikes
#RiggedBankingSystem #WealthTransfer #CostOfLivingCrisis #BankingCompetition
#CorporateGreed #CBA #westpac #NAB #ANZ

https://www.youtube.com/watch?v=ikOoNMTSH1c

Australia's banking system is rigged in favor of the big banks, leading to record profits for them while everyday Aussies struggle with rising interest rates and mortgage repayments. The lack of competition in the banking sector allows banks to pass on costs to borrowers without sharing the benefits with savers, resulting in a massive transfer of wealth from the average punter to bank CEOs and shareholders
#BigBankProfits #AussieMortgageCrisis #BankingReform #InterestRateHikes
#RiggedBankingSystem #WealthTransfer #CostOfLivingCrisis #BankingCompetition
#CorporateGreed #CBA #westpac #NAB #ANZ

https://www.youtube.com/watch?v=ikOoNMTSH1c

Australia's banking system is rigged in favor of the big banks, leading to record profits for them while everyday Aussies struggle with rising interest rates and mortgage repayments. The lack of competition in the banking sector allows banks to pass on costs to borrowers without sharing the benefits with savers, resulting in a massive transfer of wealth from the average punter to bank CEOs and shareholders
#BigBankProfits #AussieMortgageCrisis #BankingReform #InterestRateHikes
#RiggedBankingSystem #WealthTransfer #CostOfLivingCrisis #BankingCompetition
#CorporateGreed #CBA #westpac #NAB #ANZ

https://www.youtube.com/watch?v=ikOoNMTSH1c

Australia's banking system is rigged in favor of the big banks, leading to record profits for them while everyday Aussies struggle with rising interest rates and mortgage repayments. The lack of competition in the banking sector allows banks to pass on costs to borrowers without sharing the benefits with savers, resulting in a massive transfer of wealth from the average punter to bank CEOs and shareholders
#BigBankProfits #AussieMortgageCrisis #BankingReform #InterestRateHikes
#RiggedBankingSystem #WealthTransfer #CostOfLivingCrisis #BankingCompetition
#CorporateGreed #CBA #westpac #NAB #ANZ

https://www.youtube.com/watch?v=ikOoNMTSH1c

Australia's banking system is rigged in favor of the big banks, leading to record profits for them while everyday Aussies struggle with rising interest rates and mortgage repayments. The lack of competition in the banking sector allows banks to pass on costs to borrowers without sharing the benefits with savers, resulting in a massive transfer of wealth from the average punter to bank CEOs and shareholders
#BigBankProfits #AussieMortgageCrisis #BankingReform #InterestRateHikes
#RiggedBankingSystem #WealthTransfer #CostOfLivingCrisis #BankingCompetition
#CorporateGreed #CBA #westpac #NAB #ANZ

https://www.youtube.com/watch?v=ikOoNMTSH1c

HSBC Australia to block all payments to crypto exchanges, citing scams - At least six big Australian banks have taken such action now — a trend o... - https://cointelegraph.com/news/hsbc-australia-bank-block-payments-crypto-exchanges #australiaandnewzealandbankinggroup #digitaleconomycouncilofaustralia #nationalaustraliabank #blockchainaustralia #commonwealthbank #amy-rosegoodey #hsbcaustralia #westpac

HSBC Australia to block all payments to crypto exchanges, citing scams - At least six big Australian banks have taken such action now — a trend o... - https://cointelegraph.com/news/hsbc-australia-bank-block-payments-crypto-exchanges #australiaandnewzealandbankinggroup #digitaleconomycouncilofaustralia #nationalaustraliabank #blockchainaustralia #commonwealthbank #amy-rosegoodey #hsbcaustralia #westpac

HSBC Australia to block all payments to crypto exchanges, citing scams - At least six big Australian banks have taken such action now — a trend o... - https://cointelegraph.com/news/hsbc-australia-bank-block-payments-crypto-exchanges #australiaandnewzealandbankinggroup #digitaleconomycouncilofaustralia #nationalaustraliabank #blockchainaustralia #commonwealthbank #amy-rosegoodey #hsbcaustralia #westpac