Westpac Banking Corporation (WBC.NZ)
| Previous close | 27.86 |
| Open | 27.75 |
| Bid | 27.75 x 330000 |
| Ask | 28.48 x 310000 |
| Day's range | 27.70 - 28.48 |
| 52-week range | 22.15 - 29.61 |
| Volume | |
| Avg. volume | 22,092 |
| Market cap | 99.789B |
| Beta (5Y monthly) | 0.86 |
| PE ratio (TTM) | 13.43 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 1.55 (5.46%) |
| Ex-dividend date | 09 Nov 2023 |
| 1y target est | N/A |
- Bloomberg
Australian Consumer Confidence Slumps as Prices, Rates Take Toll
(Bloomberg) -- Australia’s consumer confidence declined in April as persistent inflation and interest rates at a 12-year high continued to squeeze households, leaving them gloomy about the economic outlook.Most Read from BloombergTrumpism Is Emptying ChurchesIran’s Better, Stealthier Drones Are Remaking Global WarfareWhy India’s South Rejects Modi — And Why It MattersBlackstone Nears Buyout of Skin-Care Company L’OccitaneGermany to Order Ships, Armored Vehicles Worth Up to €7 BillionSentiment dr
- Reuters
Australia consumer mood darkens anew in March - survey
Australian consumer sentiment eased from 20-month highs in March as worries about the economic outlook and family finances returned to darken the mood, a survey showed on Tuesday. The Westpac-Melbourne Institute index of consumer sentiment slipped 1.8% in March, from February when it jumped 6.2%. "Last month we saw some promising signs that the consumer gloom that has dominated over the last two years might finally be starting to lift," said Matthew Hassan, a senior economist at Westpac.
- Reuters
Australia bank CEOs call for a fix to housing shortage
SYDNEY (Reuters) -Australia's housing shortage may be driving prices higher but is locking out first-time homeowners and migrants needed to fill skills shortages across the country, the CEOs of Australia's three largest banks said on Tuesday. After years of ultra-low interest rates pushed home prices higher, Australia faces a long-term drop in the number of younger people buying homes, which could mean more people retiring in weaker financial positions, according to a 2023 government report. At a banking conference in Sydney, the heads of Commonwealth Bank, National Australia Bank and Westpac, Australia's top 3 lenders, blamed a housing supply shortage and urged local governments to speed up planning approvals.
