Tag Archives: Westpac

Cautious welcome for more choice on tap and go

The Australian Retailers Association (ARA) has welcomed greater choice for retailers on tap and go payments, but urges more action. The ARA says it’s “pleased” that ANZ and Westpac have decided to give retailers a choice on how tap and go debit-card transactions are processed. But although it’s a “step …

Read More »

Small business owners ‘compromising personal wellbeing’

As Christmas approaches, Australian small business owners are compromising their personal wellbeing to deal with business pressures, claims Westpac. Such pressures include cash flow, compliance and regulation, according to Westpac’s new Small Business Report, in collaboration with Deloitte. Main findings 58 per cent of small business owners said they expect …

Read More »

Pessimistic consumer mood continues in Australia

The latest Westpac Melbourne Institute Index of Consumer Sentiment results show a  continued ‘downbeat’ mood among Australian consumers. According to the institute’s report, pessimistic consumers outnumber the optimists for the 10th consecutive month, with pressure on family finances, concerns around interest rates, deteriorating housing affordability and rising energy prices all …

Read More »

Westpac results positive for SMEs

The Westpac-Melbourne Institute SME Index results show business confidence rose by 3.2 per cent in the third quarter of the year. Westpac says the Index, which examines the economic health of Australian small and medium sized enterprises (SMEs) shifted above the 100-neutral mark for the first time in the year, …

Read More »