Andrew Spence Westpac Investment Management


"They don't have fritz in Sydney..." - InDaily
We had a stream of customers coming out of the old Bank of Adelaide right next door and coming straight to us; the old Adelaide Bank lost shitloads of money to us, to the new State Bank. “All the managers in SA were complaining to ANZ headquarters.

Dollar drops as inflation sinks to zero -
Westpac said the inflation figure would put a "severe dent" in market expectations that the Reserve Bank would start hiking the official cash rate (OCR) from its current level of 1.75pc by the middle of next year. But ASB Bank said ... "Household.

Business Now: live market coverage; Fortescue shares surge on payout; plus analysis and opinion - The Australian
Despite the size of monthly repayments on loans with both principal and interest generally being around 40 per cent larger than repayments on interest-only loans, more customers are making the switch, according to Westpac's latest asset quality update.

Westpac boss Gail Kelly announces $100m education scholarship program - Sydney Morning Herald
It follows mining magnate Andrew Forrest and his wife Nicola giving $65 million to the University of Western Australia to fund 25 international PhD students and six postgraduate researchers a year, as well as the construction of accommodation. Last.

Queensland politics: Ed Sangjitphun endorsed by LNP for Stafford - Courier Mail
“I pray to Buddha before bed every night and that's it,” he said. LNP state president Gary Spence said like many new Queenslanders Mr Sangjitphun and his family had chosen Queensland for a better life. “He's a great example of the new generation of LNP&nbsp.

Bank won't rule out SA rate hikes to pay for tax - InDaily
“The message I'm hearing loud and clear is that we've now got a political risk in SA and that is affecting people's intentions now to invest .” Liberal leader Steven Marshall, asked about whether the Opposition would pursue a similar gambit to the.

CBA confirms Rob Whitfield will join its board
CBA also announced on Monday two of its existing directors, Launa Inman and Harrison Young, would leave the board in November, while a third, Andrew ... at Westpac. But this is not a path to the CEO role," said Clime Investment Management senior analyst.

BusinessNow: Business news, plus analysis and opinion - The Australian
Andrew White 4 MONTHS AGO | 1.15pm Origin deal shrinks coal, wind power gap .... The world's biggest fund manager expects a “mild risk-on reaction” to the election of pro-Euro centrist Emmanuel Macron, but notes the result was mostly priced in after.

BT Funds Management wins FundSource Fund Manager of the Year
A high quality team and strong investment ... in Westpac NZ’s funds management arm, BT Funds Management NZ, winning the FundSource 2017 Fund Manager of the Year Award, says Westpac NZ General Manager Marketing, Product and Transformation, Andrew Kerr.

Auckland must build or land values will fall, bank says -
That's the view of Westpac acting chief economist Michael Gordon, who says far from causing house prices to crash, new houses were needed just to "justify the prices that people are already paying for land". ... The boom-bust nature of housing demand.

John Key announces resignation - business reaction -
Westpac acting chief economist Michael Gordon said he did not expect any major changes in Government policy despite the upcoming change in leadership before next year's election. But the resignation did add a layer of uncertainty ahead of next year's&nbsp.