On 30 October 2015, Westpac completed the sale of its banking operations in Solomon Islands to the Bank of South Pacific Limited (BSP) for AUD$23.6m. The intended transaction was first announced to the market on 29 January 2015. Bank South Pacific acknowledges and thanks the Central Bank of Solomon Islands, its Governor and Board of…
Tag Archive for Westpac
Westpac & Australia Post Partnership Announced
by themovieboards - Editor •
Westpac and Australia Post today announced they had entered into a partnership to enable Westpac customers to access banking services at 3,200 participating Post Offices across Australia, including at more than 1,400 regional and rural locations. Group Executive Westpac Retail & Business Banking, Jason Yetton, said he was pleased to be able to offer customers…
$18.1 Billion in lost Australian Super
by themovieboards - Editor •
According to the 2013 Westpac Lost Super Report Westpac has revealed that Australia has $18.1 billion of lost super. “Superannuation is a subject that most people tend to avoid, particularly when it comes to lost super, where Australians seem to be disengaged,” said Deanne Stewart, Westpac Head of Superannuation. Deanne Stewart explained that 1 in…
Westpac released Women’s Deposits Survey
by themovieboards - Editor •
Westpac recently released the Women’s Deposits Survey show that 73.4% of women surveyed encourage their children to manage their own finances. The research also revealed that 3 in 4 women saving money each month and 47.4% of women saving over 5% of their monthly income. Director of Women’s Markets at Westpac, Larke Riemer, says the…
Westpac Report : ‘Young People Failing to Claim Lost Super’
by themovieboards - Editor •
Westpac recently released their Lost Super report. The Report revealed that younger generations are on average 2-3 times more likely to have lost super than older Australians. The report also discovered that: • 61.8% of Australians Under 40 have Lost Super • 54.5% of those Under 40 with Lost Super are not Actively Looking for…