Westpac

Westpac has an ongoing commitment to reconciliation with First Nations people, which is why we support NAIDOC week (7-14 July 2024). This year’s NAIDOC theme ‘Keep the Fire Burning: Blak, Loud and Proud,’ celebrates the unyielding spirit of Aboriginal and Torres Strait Islander communities and invites all to stand in solidarity. 

⚠️🥷 Warning: July onwards is prime time for tax scammers. These tips might save you from losing money. Stay alert to the latest trending scams with this update from Benjamin Young, Westpac’s Head of Fraud. Read all about the trends on the latest Westpac Wire piece ➡️ https://lnkd.in/gHCAQd9h #taxseason #taxscam #scams #taxrefund

For companies to get the most out of AI, strong data management and governance must be a top priority, says Pieter Vorster, Westpac's head of data platforms, in a podcast interview. #ai #data

For many, the word 'slavery' may conjure up images of iron shackles and centuries past. ⛓️ But if you thought slavery had been consigned to history, then think again.    A reported 41,000 people across Australia are hidden in plain sight and living in modern slavery: forced into labour, marriage or trafficked for exploitation.   Sally Irwin, founder of The Freedom Hub, which is supported by Westpac Foundation, has dedicated the last decade to combating this hidden crisis. Full story: https://lnkd.in/gFHJzAAi #forpurpose #womensupportingwomen

Don’t be fooled by a 1.7 per cent rise in the latest Westpac Melbourne Institute sentiment index – Australian consumers remain deeply pessimistic, says Westpac senior economist Matthew Hassan, with many households still braced for a further rise in mortgage borrowing costs over the next 12 months. Full story: https://lnkd.in/g9dg3ikT

In the moo-d for love? 🐮💌 Felicity Richards grew up on a Flinders Island cattle farm, but may have been lost to agriculture were it not for a chance meet-cute with her neighbour Mark while on a break from her day job as a lawyer. Their bond was instant and Felicity and Mark now have three young kids, plus a cattle empire spread across three properties. 🤠 Hannah Stenning paid Felicity and Mark a visit to find out more about their heart-warming success story. #agribusiness #tasmania   Full story: https://lnkd.in/g5gRZDtr

Higher for longer? There's a growing risk that interest rate relief for squeezed mortgage-holders is delayed, after the RBA signalled it has become more uncertain about the outlook for inflation. Besa Deda, Chief Economist, Westpac Business Bank shares her thoughts on the latest RBA Board meeting. Read more: https://lnkd.in/euT7Ab4w

📊 With EOFY (already!) around the corner, Aussies are feeling the squeeze of rising expenses.    BT's Technical Services team are well-versed on the key questions that arise at this time of the year and handle an impressive 8,000+ queries from financial advisors, yearly.   The best part? We have distilled the data and summarised it💡into 5 practical EOFY money tips.   From boosting savings to understanding tax changes, there’s something here for everyone, including parents, high-earners, retirees and self-managed superfund holders.   #EOFY #FinancialTips #BTInsights Full story: https://lnkd.in/geHqzxXp

Good news - Westpac's internal data shows a 32% drop in customer scam losses over the first half of FY24 vs last year - saving over $120 million in potential losses! We're committed to helping you keep your money safe, with new features like Westpac Verify. It alerts you if there's a risk of a mismatch when adding a new payee. #scams #scamprevention Click the link below to read all about the new feature💪

Like many of us, busy mum of three, Shiv Rennie, was overwhelmed by the decision fatigue of mornings spent staring at her closet, struggling to figure out what to wear to work. So, she did something about it. Enter: The One Six. Wire chatted to the female founder and Westpac small biz customer about crafting a considered line of elevated essentials, the antithesis to fast-fashion, and utilising designer deadstock to create an ethical, sustainable and viable business for the ever-conscious style afficionados. 🫶🌏 Read the full story here: https://lnkd.in/gJz7BPhx #customersuccess #womeninbusiness #femaleentrepreneur #femalefounder #smallbusinessau #ethicalfashion