News, insights and ideas on economics, finance and social issues, powered by Westpac.
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Westpac’s Head of International Economics Elliot Clarke highlights two potential risks to the Australian economy emerging from the upcoming U.S. Presidential election.Par Westpac Wire
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TECH IN 10: Data key to unlocking the power of AI
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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.Par Westpac Wire
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Westpac Group Senior Economist Pat Bustamante gives his take on what the federal budget means for renters, mortgage holders and small business owners.Par Westpac Wire
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Westpac Chief Technology Officer David Walker highlights the key trends to watch out for in the tech sector in the year ahead.Par Westpac Wire
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Westpac's Callow on the A$ outlook in 2024
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The Australian dollar’s fortunes in 2024 hinge on a finely balanced outlook for global interest rates, says Westpac senior currency strategist Sean Callow, while Aussie visitors to Japan and New Zealand should get good bang for their buck.Par Westpac Wire
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Struggling to keep track of all your regular payments and subscriptions? PayTo could be the answer. Jeff Byrne, managing director for global transaction services at Westpac, explains why the new feature can help transform Australia's payments landscape.Par Westpac Wire
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FX BEAT: Struggling A$ may have further to fall
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The Aussie dollar has dropped to nine-month lows in recent weeks, and Westpac senior currency strategist Sean Callow sees little prospect of a trend reversal in the short-term.Par Westpac Wire
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Westpac young executive award winner Jessica Hallett
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Jessica Hallett has been named among AFR BOSS magazine’s young executives of the year. In a podcast interview, she spoke to Wire about her globe-trotting career and the leadership lessons she’s picked up along the way.Par Westpac Wire
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FX BEAT: ‘Good Times’ AUD can prosper from China rebound
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It’s been a bumpy ride for the Australian dollar so far in 2023, but the currency should draw support from signs that China’s economy is building momentum, says Westpac senior currency analyst Sean Callow.Par Westpac Wire
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Westpac's Sean Callow on the AUD's prospects in 2023
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The Australian dollar has made a stellar start to 2023, hitting its strongest levels in five months. It’s a trend that can be sustained in the months ahead, Westpac senior currency market strategist Sean Callow tells Wire in a podcast interview.Par Westpac Wire
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Swimming Australia's Jess Corones on how tech is helping Aus in Olympic fast lane
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Speaking at Westpac's recent internal technology convention TechX, Swimming Australia performance scientist Jess Corones tells Amazon Web Service's Justin Lennon how cutting-edge data analytics was key to helping the Australian swim team to bring home the most successful Olympics medal haul in history last year.…
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Nerida Caesar on career choices, leadership, and future tech trends
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Westpac director Nerida Caesar tells Westpac Wire about the insights and inspiration she’s drawn from more than three decades of experience as a top executive in Australia and overseas.Par Westpac Wire
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Work to tackle exploitation is not over
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"Seeing the impact of experts tackling the scourge of online sexual exploitation of children in the Philippines has compelled us to extend Westpac’s support for this work," says Westpac's Chief Sustainability Officer Siobhan Toohill in a conversation with the International Justice Mission's Lucille Dejito.…
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BOARD WALK: Audette Exel on zeitgeist shifts, data versus ideology and what’s next
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Board director and social entrepreneur Audette Exel AO says the zeitgeist has shifted in the way big businesses see their role in the community, in a broad ranging podcast interview with Westpac Wire, the first in it's Board Walk series.Par Westpac Wire
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Social entrepreneur Luke Terry: Global spotlight to shine on Aussie entrepreneurs
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The Social Enterprise World Forum, to be hosted in Brisbane in September 2022, will be transformative for Australia’s burgeoning social enterprise sector, says renowned social entrepreneur, Luke Terry, in a podcast interview in conversation with Westpac Wire's Emma Foster.Par Westpac Wire
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Westpac’s head of financial crime insights Ben Young says the ‘dynamic CVC’ digital card feature has seen fraud drop by 80 per cent among customers who use it.Par Westpac Wire
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New survey shows big net-zero ambition lift
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Westpac chief sustainability officer Siobhan Toohill interviews Westpac institutional bank chief Anthony Miller and Economist Impact's Georgia McCafferty on the findings of a new report which flags a “profound attitudinal shift” driving up the net-zero ambitions of corporates and investors.Par Westpac Wire
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TECH IN 10: David Walker on new deal to boost Westpac into cloud
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Westpac's chief technology officer David Walker says a new partnership with Microsoft will see the bank "double down" on its use of cloud technologies, in the latest Tech in 10 podcast.Par Westpac Wire
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TECH IN 10: Rachel Thewlis on Westpac's new payment terminals, including accessibility features
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Westpac technical product manager Rachel Thewlis talks to Westpac Wire's Emma Foster about the bank's new Android-based EFTPOS payment terminals, soon to replace around 110,000 end-of-life terminals across Australia. She explains why accessibility has been at the forefront of the terminal's design, including getting input from people who are blind …
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Jason Yetton: Westpac fires up ‘banking as a service’ with Afterpay
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Westpac’s first banking as a service partner, buy-now-pay-later giant Afterpay, has switched on its money app, leveraging the “most modern banking architecture in Australia”, says the bank’s executive Jason Yetton in this podcast interview with Westpac Wire.Par Westpac Wire
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Eliza Mathews, sustainable finance head, on deals boom, ESG and greenwashing risks
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As GPT Group and Estia Health become the latest Australian companies to unveil sustainable finance deals this week, Westpac’s sustainable finance head Eliza Mathews says they certainly won’t be the last. For more stories head to www.westpac.com.au/newsPar Westpac Wire
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TECH IN 10: Paul McKenna on Westpac’s branch phones going digital
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As Westpac takes another step in modernising its branch infrastructure by replacing legacy telephones with a “mobile first” digital solution, Westpac Wire spoke to the bank’s head of workplace technology Paul McKenna for this episode of Tech in 10. #WestpacWireTech in 10 is a series of 10 minute chats with experts about Westpac's latest tech news, …
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Bank scams expert, Ben Young, on staying safe as scams rise on COVID’s back
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As new data from Westpac shows scams doubled in the past year, financial crime expert Ben Young unpacks how scams are evolving and what consumers can do to stay safe.Par Westpac Wire
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PODCAST: Wanted! Women fund managers
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As women in funds management in Australia remains stubbornly low, Westpac’s Global Investment Services' Ladan Ocora speaks with Platypus Asset Management’s Jelena Stevanovic on how to redress the gender imbalance. Jelena opens up about her pathway into the profession, demystifies a “day in the life” of the job, spells out why it’s important to star…
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A purpose-built command centre is an evolution of the “health” monitoring of Westpac’s vast network of technology infrastructure and applications. In this June 1 Tech in 10 podcast, the bank's head of service operations Janelle Howe tells Westpac Wire's Emma Foster a little more about the new facility, including what's next. Tech in 10 is a series …
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Bill Evans on why the RBA will hike rates in 2023
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On Friday June 18, 2021, Westpac chief economist Bill Evans revised his forecasts for the Reserve Bank’s cash rate, tipping hikes to begin in 2023 after the “stunning” fall in the unemployment rate. In this podcast with Westpac Wire editor Michael Bennet, Bill discusses his new forecasts, what it means for the property market, the economic recovery…
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TECH IN 10: Majella Knobel on accessibility and apps
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Marking the release of Westpac’s latest Access and Inclusion Plan, the bank’s Majella Knobel tells Westpac Wire's Emma Foster tech projects like the new mobile bank app are increasingly focused on ensuring all Australians can take advantage of improved functionality. #WestpacWireTech in 10 is a series of 10 minute chats with experts about Westpac's…
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TECH IN 10: Phil Butterworth on BT Panorama’s path to $90bn
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As BT's flagship wealth management platform, BT Panorama, passes $50 billion in funds under administration, BT's Phil Butterworth explains what’s driving the growth and where it’s headed, in Westpac Wire's latest "Tech in 10" episode.Par Westpac Wire
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TECH IN 10: Wayne Bonett on Westpac's branch bandwidth boost
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New network infrastructure has given a 10-fold bandwidth boost to Westpac’s branch technology, says the bank's head of secure network services Wayne Bonett in Wire’s latest “Tech in 10” podcast.Par Westpac Wire
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TECH IN 10: Tim Whiteley on a new online mortgage experience
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With Westpac recently switching on new capability for customers to complete the home loan process online, general manager Westpac's Customer Service Hub, Tim Whiteley, speaks in a podcast about the tech behind the move and what’s next.Par Westpac Wire
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TECH IN 10: Westpac ramps up new app rollout
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As the rollout of Westpac’s new mobile banking app gets underway, the bank’s digital experts Chris Bradford and Martin King speak in a podcast about what’s different and what’s next.Par Westpac Wire
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PODCAST: Anthony Miller on banking, markets and more
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At the end of a year like no other, new Westpac Institutional Bank chief executive Anthony Miller discusses his appointment following a long career in investment banking, his initial thoughts on strategy, the state of markets and banking, and the path ahead for corporates amid COVID-19.Par Westpac Wire
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WEBCAST AUDIO: Pendal’s Crispin Murray on stock market outlook
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On Thursday November 5, as the world watched the dramatic 2020 race for the White House unfold, Pendal’s Crispin Murray joined BT’s Scott Glover for a webcast in which he gave his thoughts on the outlook for stock markets and the impact of several key issues including COVID-19, the US election and central bank actions. Mr Murray, who oversees more …
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Dr Lou Bennett AM: How song can make language sing
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Acclaimed musician Dr Lou Bennett AM speaks to Westpac Wire about her international career and when she realised the importance of song in reviving First Nation’s languages. Dr Bennett was awarded a 2020 Westpac Research Fellowship to support her research.Par Westpac Wire
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TECH IN 10: Macgregor Duncan on Westpac's 'BaaS' with Afterpay
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To mark the first episode of Westpac Wire’s new podcast series, Tech in 10, a 10 minute chat with leaders about Westpac’s tech news and broader tech trends, we’re joined by Macgregor Duncan, Westpac’s General Manager, Corporate and Business Development to discuss the rollout of the bank’s new digital “bank-as-a-service” offering platform and partne…
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‘Like no other’: Bill Evans on Federal Budget
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Westpac Chief Economist Bill Evans provides a briefing to customers on October 6, 2020 after Treasurer Josh Frydenberg handed down the Federal Budget, one of the most anticipated in years as the COVID-19 pandemic wreaks havoc on economies around the world. Bill gives his thoughts on the government’s forecasts and policies, what it means for the eco…
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PODCAST: What the Budget may bring with Bill Evans
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In this episode, Westpac Wire editor Michael Bennet speaks with Westpac chief economist Bill Evans, who gives his views on the upcoming federal budget, the benefits of personal income tax cuts, the planned increase in the superannuation guarantee, where house prices are headed, risks surrounding higher debt levels and the economic outlook.…
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Rebecca Scott on Melbourne's post-pandemic recovery and new project Moving Feast
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Social entrepreneur Rebecca Scott discusses the ideas of a new taskforce convened by the City of Melbourne with a remit to “Bring Melbourne Back Better” post-pandemic. She also talks about her new "dirt to doorstep" food system project Moving Feast, galvanised in response to growing food insecurity during the pandemic.…
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Bill Evans economic briefing August 2020
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On Wednesday August 12, 2020, Westpac’s chief economist Bill Evans held an economic briefing for the group’s business banking customers and bankers, which included a Q&A. He discusses the impact of Victoria’s lockdown, the variation in the outlook for the states, the coming “fiscal cliff” as government support is withdrawn and tapered, the outlook …
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Bill Evans economic briefing on Melbourne shutdown, fiscal stimulus, house prices and more
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Audio of an Westpac economic briefing with chief economist Bill Evans held on 9 July, 2020. Mr Evans discusses the impact of the Melbourne shutdown, budget deficits, fiscal policy, unemployment, net migration, China tensions, house prices, rates, the Australian dollar and the outlook.Par Westpac Wire
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Bill Evans On GDP outcome, economic outlook and Q&A
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In an economic briefing to business customers on June 3, 2020, Westpac chief economist Bill Evans provides an update on the economy, the first quarter GDP outcome, his forecasts and takes several questions.Par Westpac Wire
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Helping stood-down workers stand up: Adam Jacobs, Co-founder of Hatch
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Westpac Wire's Emma Foster speaks with Adam Jacobs, co-founder of a new digital labour exchange helping to redeploy employees who have been stood-down due to the COVID-19 pandemic.Par Westpac Wire
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PODCAST: What the COVID 'crunch' will look like
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PODCAST: What the COVID 'crunch' will look like by Westpac WirePar Westpac Wire
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PODCAST: Fintech post COVID-19 pandemic
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PODCAST: Fintech post COVID-19 pandemic by Westpac WirePar Westpac Wire
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PODCAST: Swapping coffee for chairs: Lois Dillon, Mates On The Move
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As COVID-19’s toll on the economy intensified, social enterprise Mates on the Move realised it needed to quickly change course to survive. In a podcast, operations manager Lois Dillon explains how.Par Westpac Wire
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PODCAST: Investing amid virus volatility and low rates
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As investors face into an environment characterised by record low interest rates and high equity valuations, plus the double whammy of unprecedented bushfires in Australia and the global COVID-19 scare, many are pondering what this all means for their investments. To unearth how some of the country’s large fund managers are thinking about these tre…
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PODCAST: David Morgan on reform, banking and books
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On a recent trip to Australia, former Westpac CEO and ex-senior Treasury official David Morgan, in conversation with Westpac's general manager corporate and business development Macgregor Duncan, reflects on the reforms that are needed to lift economic growth, the challenges facing banks and his passion for reading, the arts and education.…
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PODCAST- Has The Housing Market Bottomed?
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For the property market, it’s hard to recall a time in recent years when the next few months meant so much amid signs of stabilisation following price falls since 2017. Westpac Wire editor Michael Bennet sits down with economist Matthew Hassan to get his thoughts on the outlook around the nation and the key data to watch in the months ahead.…
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PODCAST: From start-up to unicorn: Larry Diamond on Zip's rise
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“Happily redundant” marked the beginning of Larry Diamond’s journey from investment banking to co-founder of point-of-sale credit and digital payments fintech Zip Co, one of Australia’s newest “unicorns” after its market value surpassed the hallowed $1 billion mark. Westpac's Macgregor Duncan speaks with Diamond about the ups and downs of starting …
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VogueCodes: Flipping tech's gender paradigm: the state of STEM education
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Anastasia Cammaroto, chief information officer of Westpac's consumer bank, leads of panel of experts at the Vogue Codes summit to discuss the state of STEM (science, technology, engineering and maths) education in Australia. Ana is joined by Sharndre Cushor, Chief Operating Officer Crimson Education; Greg Atwells, Cofounder & Curriculum Architect, …
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