Gail Kelly

News and interviews on Gail Kelly including trends, features, blogs and community conversations from an Australian business perspective.

Tuesday, 15 March 2011

A letter to Gail Kelly and Westpac

They’ve announced they are taking my bank away. Not because of a merger, no apparently it’s because I want it... and that’s just the beginning of my issues with Westpac’s decision to ditch St George for Bank of Melbourne.
 

Wednesday, 30 June 2010

Westpac unveils generous paid parental leave scheme

Westpac will pay superannuation to employees taking unpaid parental leave for one year in the first big corporate parental leave reforms
 

Tuesday, 16 February 2010

Business confidence rises in January, but conditions still soft: Economy Roundup

The Australian sharemarket has opened slightly higher today, despite no leads in the US due to the Presidents’ Day public holiday.
 

Monday, 15 February 2010

Inside Ian Thorpe’s struggling food business

Revelations of the poor performance of Ian Thorpe’s food company Thorpedo Foods is highlighted by profits more than halving in 2008-09.
 

Monday, 18 January 2010

How our banks are rolling in it – and remaking themselves: Gottliebsen

A major driver of the reshaping of our economy is the rise in bank profitability. And rather than sit back with their piles of cash, the banks are using the money to prepare for a very different market. 
 

Tuesday, 12 January 2010

Can Wayne Swan restore competition to the banking market? Maley

While the big four banks exploit their new market power, there's little Treasurer Wayne Swan can do – except, perhaps, study the mistakes of the recent past. 
 

Tuesday, 15 December 2009

The Good, the “Brand” and the Ugly of 2009

It was slim pickings for brand good, with the tough financial conditions acting as a smokescreen for more brand bad and ugly than I have seen in quite some time.
 

Tuesday, 08 December 2009

Current account deficit jumps, Bernanke cautious on US recovery: Economy Roundup

Westpac's CEO Gail Kelly has defended the bank's decision to lift its variable home lending rate by 45 basis points last week,
 

Westpac disappoints instead of delights

Westpac’s extra juicy rate rise is more than a bit on the nose and most concerning is what it says about their brand.
 

Monday, 07 December 2009

Job advertisements soar 5.2% in October, Construction sector still struggling: Economy Roundup

US energy giant Chevron secures a $90 billion supply agreement with Tokyo Electric Power Company for the Wheatsone LPG project in WA.
 

Friday, 21 August 2009

Westpac posts $1.1 billion profit in June quarter, Shares fall: Economy Roundup

Westpac chief executive Gail Kelly says the economy is showing signs of recovery, but the road back will be hard and slow.
 

Thursday, 20 August 2009

Women in power

Westpac chief Gail Kelly has joined the Queen, Michelle Obama and Hilary Clinton on the list of the most powerful women in the world. But what other Aussie women should have made the list?
 

Tuesday, 26 May 2009

The big banks' mortgage gamble: Gottliebsen

We are looking at a defining moment in the Australian banking industry.
 

Monday, 11 May 2009

Shares lose ground, Westpac chief warns rate cuts may not be passed on: Economy roundup

The Australian sharemarket opened slightly higher today after positive leads from Wall Street, but has since dropped into negative territory.
 

Wednesday, 06 May 2009

Retail sales jump in March, Westpac profit hit by bad debts, David Jones on track: Economy roundup

Retail sales have risen by a seasonally adjusted 2.2% in March in a higher-than-expected result.
 

Insolvencies surge as recession hits business conditions for SMEs

The number of companies that hit the wall in March jumped a staggering 64% compared to last year.
 

Monday, 27 April 2009

Government strengthens hardship protection for mortgagees - but not business borrowers

The Federal Government has stepped up efforts to protect mortgagees, but the new rules will not be extended to business borrowers.
 

Tuesday, 07 April 2009

BREAKING NEWS: RBA cuts rates by 0.25%

Federal Treasurer Wayne Swan has urged Australia's big banks to pass on any cut in official interest rates ahead of the Reserve Bank's monthly board meeting today.
 

Monday, 06 April 2009

Economists lean towards interest rate cut

The RBA rate decision looks like going down to the wire. Come back after 2.30pm for the results.
 

Westpac will assist struggling SME borrowers

Westpac has announced it will extend its financial hardship plan for mortgagees to small and medium-sized business customers.
 
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