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Oct 7, 2024 | 
westpac.com.au | Ben Young |Sarah Conte |James Thornhill |Josh Wall
Australia’s clean energy transition will require the mobilisation of public and private capital on a giant scale, not just to build out renewable power capacity but also support innovative startups who are tackling some of the biggest challenges faced by the sector. That’s why climate tech-focused funds like Virescent Ventures play such a key role as enablers.
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Oct 3, 2024 | 
westpac.com.au | Ben Young |Sarah Conte |James Thornhill |Rosie Thomas OAM
Spring racing season is upon us, a time when many Aussies like to place a bet or join the office sweeps in the run up to the Melbourne Cup. Unfortunately, while a small bet with mates now and again can be harmless fun, we know gambling can also be a problem for some people. Recent government legislation has banned the use of credit cards for gambling online, while there are plenty of online tools and resources out there to help those who might be struggling.
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Oct 2, 2024 | 
westpac.com.au | Ben Young |Sarah Conte |James Thornhill |Josh Wall
Milham says securing financing was one of the biggest challenges to getting his business off the ground, a sentiment that will resonate with many early-stage entrepreneurs. Westpac research shows that 27 per cent of SME business leaders report cashflow as the biggest hurdle they had to overcome in the first two years of establishing a business. After a few knock backs on loan applications, Milham decided to try his local Westpac branch, where he already had his home loan.
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Sep 26, 2024 | 
westpac.com.au | Ben Young |Sarah Conte |James Thornhill |Sarah Williamson
From Toowoomba to Mandurah, new Westpac data has revealed the postcodes around the nation that have been hardest hit by scams. The data shows that scammers appear to be emerging in locations of high growth or a larger proportion of older residents.
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Sep 26, 2024 | 
westpac.com.au | Ben Young |Sarah Conte |James Thornhill |Hannah Stenning
The Paris Olympics may be in the rearview mirror, but for athletes targeting gold in Los Angeles in 2028 or Brisbane in 2032, the hard work is well underway. One of those athletes is Christian Massimino, who competes in the Korean martial art of Taekwondo. Christian’s goal is to follow in the footsteps of his dad Carlo who represented Australia in the sport at the 2000 games in Sydney.
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Sep 23, 2024 | 
westpac.com.au | Ben Young |Sarah Conte |James Thornhill |Kripa Krithivasan
When it comes to charitable giving, I think most Australians would be surprised to learn: - The number of people donating to charity has been steadily declining for over a decade. - Compared to countries like the UK, the US, Canada, and New Zealand, we give significantly less. Why are we seeing these trends? Many point to cost of living, but that’s only part of the story. The data shows we're still spending on various other non-essentials - overseas holidays, online shopping, dining out.
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Sep 19, 2024 | 
westpac.com.au | Ben Young |Sarah Conte |James Thornhill |Tim Howard
BT wants to address Australia’s chronic shortage of qualified financial advisers with an educational partnership that aims to encourage more people to enter the profession and meet growing demand for financial advice. The number of advisers across the country has declined by more than 40 percent over the past five years as a result of tougher regulation and higher qualification standards.
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Sep 12, 2024 | 
westpac.com.au | James Thornhill |Sarah Conte |Hannah Stenning |Tim Howard
Westpac has seen a 36 percent increase in the use of personal finance tools on the mobile banking app since the start of the year - a sign that customers are taking a more pro-active approach to managing their finances. Around 620,000 customers have logged in monthly to access features which help to monitor cash flow, categorise their spending, and manage bills.
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Sep 11, 2024 | 
westpac.com.au | James Thornhill |Sarah Conte |Hannah Stenning |Kripa Krithivasan
Growing up in today’s world is tough. From the climate crisis to global conflicts, young people face a world that’s more uncertain, complex, and unstable than any generation before them. The digital world they navigate is a powerful source of connection and even a lifeline to marginalised young people who can’t access support offline. However, it is also full of challenges.
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Sep 10, 2024 | 
westpac.com.au | James Thornhill |Sarah Conte |Hannah Stenning |Bryan Ashenden
In a new series, Tim Howard from BT’s Technical Services team offers guidance on a range of personal finance topics, from superannuation and tax to social security payments. Tim is a technical consultant with BT, with close to 20 years of experience assisting financial advisers and their clients with all aspects of financial planning. BT’s Technical Services team receives around 8,000 queries a year from financial advisers on superannuation, tax, social security and regulatory topics.
