1. Homepage
  2. Equities
  3. Australia
  4. Australian Stock Exchange
  5. Westpac Banking Corporation
  6. News
  7. Summary
    WBC   AU000000WBC1

WESTPAC BANKING CORPORATION

(WBC)
  Report
Delayed Australian Stock Exchange  -  05/18 10:15:40 pm EDT
23.46 AUD   -1.55%
05/17Australian banks enter tech arms race as rising rates squeeze profit
RE
05/17Westpac Banking Discloses Independent Risk Governance Reports
MT
05/10Australian shares end at three-month low as growth fears sap risk appetite
RE
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Westpac Banking : 10/01/2022 Westpac offers emergency support for customers impacted by Queensland floods

01/10/2022 | 01:08am EDT

10 January 2021

Westpac will provide emergency support for customers impacted by the floods in Maryborough and surrounding regions in Queensland.

Ross Miller, Chief Customer Engagement Officer, said: "Westpac and St.George have customer teams standing by to help those in need of financial assistance resulting from the floods that have impacted the region in recent days.

"We know that the floods have caused damage to homes and businesses following significant rainfall over the weekend. We want our customers to know there are a range of tailored support options available to help them get back on their feet, including home and business loan deferrals and emergency credit card relief.

"We know these situations provide a great deal of stress and uncertainty for households and businesses. We want our customers to know we are only a phone call away if they need our help," Mr Miller said.

Emergency support available:

  • Affected customers with Westpac home loans may apply to defer repayments for up to three months.
  • Affected credit card customers may apply to defer repayments to their card for up to 90 days.
  • Affected customers wishing to purchase replacement goods may apply for a personal loan at a discounted interest rate with no establishment fee.
  • Westpac will waive interest rate adjustments for affected customers wishing to withdraw term deposits.
  • Affected customers experiencing hardship may also be offered a halt on all interest accrual on unsecured credit products for a period of up to three months.
  • Affected customers with Westpac business loans may apply to defer repayments for up to three months.
  • Affected businesses with existing loans can request loan restructuring without incurring the usual bank establishment fees.
  • Affected business customers with merchant facilities are eligible to receive assistance, including monthly terminal access fee waivers for up to three months.

To access financial assistance:

  • Westpac consumer customers can apply online or call Westpac Assist on 1800 067 497. Business customers who need support can contact their Relationship Manager or call Westpac Assist on 1800 067 497.
  • St.George consumer customers can apply online or call St.George Assist on 1800 629 795. Business customers who need support can contact their Relationship Manager or call St.George Assist on 1800 629 795.

For emergency assistance in severe weather, contact the State Emergency Service (SES) on 132 500, or call 000 (triple zero) for life-threatening emergencies.

Media Contact:

westpacmediarelations@westpac.com.au

Disclaimer

Westpac Banking Corporation published this content on 10 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 January 2022 06:07:00 UTC.


ę Publicnow 2022
All news about WESTPAC BANKING CORPORATION
05/17Australian banks enter tech arms race as rising rates squeeze profit
RE
05/17Westpac Banking Discloses Independent Risk Governance Reports
MT
05/10Australian shares end at three-month low as growth fears sap risk appetite
RE
05/09GLOBAL MARKETS LIVE : EasyJet, Shell, Bombardier, Uber, Rivian...
05/09Westpac Banking Corporation Reports Earnings Results for the Half Year Ended March 31, ..
CI
05/09Australian Shares Extend Losses on Looming Interest Rate Hikes, China Slowdown Concerns
MT
05/09Australian shares end at near 2-month low, strong forecast lifts Westpac
RE
05/08Westpac Banking Raises Interim Dividend, Posts Lower Fiscal H1 Profit
MT
05/08Australian shares fall as recession risks dent investor appetite
RE
05/08TRANSCRIPT : Westpac Banking Corporation, H1 2022 Earnings Call, May 09, 2022
CI
More news
Analyst Recommendations on WESTPAC BANKING CORPORATION
More recommendations
Financials
Sales 2022 19 302 M 13 491 M 13 491 M
Net income 2022 5 482 M 3 832 M 3 832 M
Net Debt 2022 - - -
P/E ratio 2022 16,2x
Yield 2022 5,01%
Capitalization 81 475 M 56 943 M 56 943 M
Capi. / Sales 2022 4,22x
Capi. / Sales 2023 4,00x
Nbr of Employees 34 637
Free-Float 99,5%
Chart WESTPAC BANKING CORPORATION
Duration : Period :
Westpac Banking Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends WESTPAC BANKING CORPORATION
Short TermMid-TermLong Term
TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 17
Last Close Price 24,44 AUD
Average target price 25,61 AUD
Spread / Average Target 4,78%
EPS Revisions
Managers and Directors
Peter Francis King Director
Michael Rowland Chief Financial Officer
John McFarlane Chairman
Scott Collary Chief Operating Officer
Peter Ralph Marriott Independent Non-Executive Director
Sector and Competitors