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Topic: Westpac
How much will the royal commission end up costing the banks?

How much will the royal commission end up costing the banks?

A potential $1 billion refund request from ASIC will lead many to think the banks are being penalised. This is far from the case.

Want to know who will pay for the bank levy? (Hint: it’s YOU)

Want to know who will pay for the bank levy? (Hint: it’s YOU)

Banks expect that the government's new bank levy will be a tax write-off, which will reduce the overall impact on the banks by around one-third.

Tips and rumours

Tips and rumours

No kids allowed ... Turnbull v Westpac ... just where is Turnbull? ...

Canavan’s call to boycott Westpac a colossally stupid salvo in the new Truth Wars

Canavan’s call to boycott Westpac a colossally stupid salvo in the new Truth Wars

Matt Canavan says Queenslanders should boycott Westpac since the bank is not going to lend money to the colossally wasteful Adani coal mine and becomes sucked into the Nationals Irony Generator.

Mayne: big banks should quit making political donations

Mayne: big banks should quit making political donations

The financial services sector has been revealed as the most generous industry for Australia’s political parties in the 2015-16 donations data.

Turnbull donation kept secret for another year

Turnbull donation kept secret for another year

Peter Dutton revealed his donation to his own party, but Malcolm Turnbull hasn't disclosed his yet.

How bank fat cats will avoid any sticky questions in this week’s grilling

How bank fat cats will avoid any sticky questions in this week’s grilling

Executives at the big four banks will front Parliament this week as a way of avoiding a royal commission. But don't expect any actual answers.

Apple won’t let us further screw customers, whine billion-dollar banks

Apple won’t let us further screw customers, whine billion-dollar banks

Apple won't let banks pass on fees around mobile payments. They're complaining to the ACCC for a better bargaining position.

Business bites: RBA warnings ring true … ANZ ends the banking boom …

Business bites: RBA warnings ring true … ANZ ends the banking boom …

This is the week the banks come undone -- investors be warned. Plus other finance news in today's Business Bites.

Business bites: Westpac swindle … exec pay dwindles … Buffett’s jingle …

Business bites: Westpac swindle … exec pay dwindles … Buffett’s jingle …

How Westpac protects its earnings. And other business tidbits of the day.