Westpac misery blurred by poor data, says analyst
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Westpac CEO Kelly arrives at a full-year results news conference in ...Source: Reuters -
A woman passes a branch of banking corporation Westpac in central ...Source: AFP -
Westpac CEO Kelly reacts during a full-year results news conference in ...Source: Reuters -
Piggy Banks with Westpac logos on the side are seen at a Westpac ...Source: Reuters
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- News Source: The Australian | about 1 month agoWestpac CEO Aussies borrow twice as much as they save Government should cut savings tax ONE of the most powerful figures in Australian finance wants the Federal Government to cut tax on savings to drive more cash into deposit accounts.
- News Source: Xtra News | about 1 month agoFinance Minister Bill English is rejecting suggestions by Labour that he has been short-sighted in suspending Government contributions to the Superannuation Fund. The criticism comes after the Government's financial statements revealed that...
- News Source: Newstalk ZB | about 1 month agoThe reason we're not contributing is because at the moment we have a $10 billion cash deficit so we don't have any surplus cash to put into it." Mr English says when the government does have the money it will resume contributions. ------ Westpac CEO...
- News Source: New Zealand Herald | about 1 month agoThe bank reported September-year cash earnings of $236 million, down 40 per cent on a year ago. The six months to September were particularly painful with cash earnings of just $34 million against $240 million for the same period a year earlier.
- News Source: Wellington Dominion | about 1 month agoWestpac New Zealand has been accused of issuing an almost meaningless set of financial statements for the year to September. The Australian-owned bank reported a 50 per cent cut in its tax-paid profit to $236 million for the year. That did not...
- News Source: The Australian | about 1 month agoThe increase in troubled loans and the one-time New Zealand tax provision more than offset contributions from St George Bank, which it acquired during the year. But the group's chief financial officer, Phil Coffey, told reporters that the group...
- Blog Source: guanteik.blogspot.com30 from A$2.61 billion a year ago, the Sydney-based bank said today, using pro-forma figures adjusted to reflect last year's takeover of St. George Bank Ltd. Impairments rose A$2.1 billion to A$3.3 billion in the full year, ...
- Blog Source: www.tomssc.cnIn a statement, the Sydney-based bank said net profit for the year ended Sept. 30 fell to A$3.45 billion from A$3.86 billion a year earlier. The prior year's results didn't include St. George. “Westpac has delivered a sound financial ...
- Blog Source: business.scoop.co.nzSt.George Bank earnings slipped 5% to A$1.04 billion, based on year-earlier pro forma numbers to reflect the acquisition of the regional lender. BT Financial Group cash earnings slipped 8% to A$493 million. The bank's second-half profit ...
- Blog Source: www.moneymanagement.com.auWestpac chief executive Gail Kelly described the bank's performance as sound in what had been a challenging year. Kelly said the bank's merger with St George had progressed smoothly and the combined group had ended the year with a ...
- Blog Source: www.sfexaminer.comWestpac Banking Corp., one of Australia's largest banks, said Wednesday its full-year profit dropped 10.7 percent due largely to bad debts amid the global financial crisis, but said it believed the bad debts had peaked. ... The annual results did not
- Blog Source: www.sfexaminer.comWestpac Banking Corp., one of Australia's largest banks, said Wednesday its full-year profit dropped 10.7 percent due largely to bad debts amid the global financial crisis, but said it believed the bad debts had peaked. ... Coffey said Westpac's
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Video Source: www.truveo.com - Video Source: www.truveo.com
- Video Source: www.truveo.comCoffey Sees Westpac Bad Debts ...Video Source: www.truveo.comCoffey Sees Westpac Bad Debts Rise on Economic Slowdown
- Video Source: www.truveo.comOutlook For Westpac Banking ...Video Source: www.truveo.comOutlook For Westpac Banking Corp.; St. George Bank CEO: He’s Confident ...
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