News Articles for Bankwest

More Western Australians are opening their doors to Airbnb, with the number of hosts in the state increasing by more than 50 per cent in the past year, according to a report by the Bankwest Curtin Economics Centre to be released today.

Troubled civil construction and mining services business Brierty has been placed in voluntary administration after failing to secure what it considered to be an adequate pipeline of future work.

Fourth-generation commercial building company W Fairweather & Son was named the winner of the Master Builders Association's Robert Law award at an event in Perth today.

Cottesloe-Claremont has been named the country's fastest growing area for apartments, despite Western Australia continuing to have one of the lowest shares of medium-density housing approvals of all the states, according to a Bankwest report released today.

Commonwealth Bank of Australia has reported an increase in cash profit to $9.8 billion for the 2017 financial year, while its Perth-based subsidiary, Bankwest, delivered a fall in profit as a result of increased home loan impairments.

Bankwest is lifting mortgage rates for interest-only loans, following the lead from the big four banks, which already adjusted rates in an attempt to slow down riskier lending.

Business News sat down to lunch at Julio's with new Bankwest managing director, Rowan Munchenberg

Brierty has signed a new facility and debt restructure agreement with Bankwest that is conditional on the company's rectification plan at Rio Tinto's Western Turner Syncline project being approved by the iron ore miner.

Chief scientist Peter Klinken, oil and gas veteran David Agostini and public sector commissioner Mal Wauchope are among the 36 Western Australians to join the alumni of recipients of the Queen's birthday honours.

Big companies are bullying smaller businesses in Western Australia, with more than half reporting they're not being paid on time, according to a new report.

Social enterprise Dismantle is showing its peers how to blend commercial acumen with a social purpose.

Representatives from some of the world's most innovative companies will touch down in Perth next week to share their insights into the ‘internet of things' at Perth's inaugural eight-day Festival of the Web.

Bankwest is shutting its corporate banking services outside of Western Australia and moving customers to its parent, Commonwealth Bank of Australia.

Commonwealth Bank of Australia is lifting some of its mortgage rates as it tries to rein in stubbornly high investor lending growth and keep on the right side of the regulator.

National Australia Bank has returned nearly $35 million to 220,000 superannuation members who were charged for advice they did not get, while Bankwest refunded more than $4.9 million in mortgage interest payments after overcharging about 10,800 offset account customers for almost a decade.

Woodside Petroleum's impending move to its new offices has provided an unexpected visibility and branding boost, with the oil and gas company's logo appearing on two prominent Perth CBD skyscrapers.

Perth-based financial services provider Pioneer Credit has signed a $100 million debt facility with Bankwest and Westpac as it seeks to continue growing its debt portfolio.

Local artist Tarryn Gill has won the 2016 Bankwest Art Prize for Sculpture, valued at $30,000.

The gap between the rich and the poor in Western Australia has narrowed slightly since the end of the resources boom but the divide is still substantial, new research suggests.

A movement backed by several small business groups has renewed a campaign to encourage shoppers to lift their support for local retailers.

Western Australian farmers have plenty of reason for optimism despite poor rainfall and lower yields during the 2015 season, according to Bankwest's annual Benchmarks report.

A report commissioned by Bankwest has come up with the surprising finding that a quarter of small and medium-sized enterprises (SMEs) pay their chief executives more than $500,000 per year.

One of Perth's newest office precincts is in line to get a fresh face, with Charter Hall seeking to build a second tower at Raine Square, part of a $150 million redevelopment plan.

SPECIAL REPORT: The dramatic rise and fall of iron ore producers and the recent surge in gold and lithium stocks have been highlighted by a historic review of WA's major listed companies.

Blocking employee access to social media and streaming content websites is a common method small and medium-sized businesses are using to improve productivity in the workplace.

Cor Cordis has appointed Jeremy Nipps as a partner in its Perth office. Mr Nipps joined the firm in December as an associate director.

The amount of money spent by businesses in Western Australia on research and development fell by 34 per cent in the five years to 2013-14, a new study has revealed.

Medium-density housing approvals are still rising in Western Australia, albeit slowly, in contrast to approvals for detached homes, which have gone backwards along with the economy, according to ne

Former Skilled Group executive David Timmel has been appointed to the top job at Perth Markets, the newly formed company that has acquired the Perth Market Authority's Market City.

Western Australia's unenviable position as national leader in gender pay gap cannot be explained by the prominence of male-dominated industries, according to new national research.

Asset sales are expected to feature heavily when the Barnett government releases its budget in May.

Amanda Vivian has been appointed as chief support services officer at Baptistcare. She was previously chief governance and risk officer at the company.

Tony Bird has been appointed as the inaugural chief risk officer of Pioneer Credit, commencing February 2.

Cedar Woods Properties has purchased a 3.8 hectare infill site in Queensland for $24.6 million, while also announcing the extension of a $135 million loan.

A number of Perth's leading community sector experts have spoken candidly about why it is so difficult to measure the impact their work has on those they're helping and society at large.

Lifeline WA, HeartKids and Manna Inc are among 10 Western Australian not for profits set to receive more than $10,000 each from the Bankwest Foundation to help them design and develop social media strategies.

Former Western Australian under-treasurer John Langoulant has questioned the business community for failing to reprimand the state government's loss of a AAA credit rating, at a Bankwest Curtin Economics Centre forum today.

Older Western Australians enjoy better health than their counterparts in the rest of the country and have some of the highest income and wealth in the nation, but the gap between rich and poor WA residents who are elderly is of considerable concern, according to a new report.

The upcoming float of livestock exporter Wellard is set to be the fifth biggest in Western Australia's history, and will also stretch the market lead of investment bank UBS, according to research by Business News.

Alcoa of Australia, Bankwest, Curtin University and Shell Australia have been recognised as the best businesses in Western Australia for implementing gender equality measures.