Westpac sets aside $3.6b for coronavirus debt and AUSTRAC fine | Finance Report

Australia’s second-largest bank Westpac says its upcoming results will suffer a massive hit due to COVID-19, on another volatile day for the ASX.

Read more here: https://www.abc.net.au/news/2020-04-28/dow-jones-wall-street-surge-hope-coronavirus-covid19-asx/12191872?section=business

For more from ABC News, click here: https://ab.co/2kxYCZY
You can watch more ABC News content on iview: https://ab.co/2OB7Mk1

Subscribe to us on YouTube: http://ab.co/1svxLVE
Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
You can also like us on Facebook: http://facebook.com/abcnews.au
Or follow us on Instagram: http://instagram.com/abcnews_au
Or even on Twitter: http://twitter.com/abcnews


About This Source - ABC News (Australia)

The video item below is from ABC News (Australia). ABC News is a public news service in Australia produced by the News and Current Affairs division of the Australian Broadcasting Corporation.

Recent from ABC News (Australia):

Perth chef chris anca's kitchen supporting disadvantaged people through food | abc news 1

Perth chef Chris Anca’s kitchen supporting disadvantaged people through food | ABC News

South Australia residents still rebuilding a decade after blaze | ABC News

Indigenous leaders work for ‘peace’ amid violent unrest in NT | ABC News

In This Story: COVID-19

Covid-19 is the official WHO name given to the novel coronavirus which broke out in late 2019 and began to spread in the early months of 2020.

Symptoms of coronavirus

The main symptoms of coronavirus are:

  • a persistent new cough (non productive, dry)
  • a high temperature (e.g. head feels warm to the touch)
  • shortness of breath (if this is abnormal for the individual, or increased)

Latest News about Covid-19

Below are stories from around the globe related to the 2020 outbreak of novel Coronavirus – since the WHO gave the Covid-19 naming. Most recent items are posted nearest the top.

5 Recent Items: COVID-19

Global National: Jan. 19, 2024 | Health data shows influenza, COVID-19 cases decreasing in Canada

Stock market today: Dow, S&P 500 hit record highs as tech stocks soar | January 19, 2024

Stock market today: Stocks climb with techs ready to roar | January 19, 2023

Dr Anthony Fauci ‘became part of the problem’ when it came to the spread of Covid misinformation

WEF summit: Canada warns of future supply shocks amid global instability

In This Story: Westpac

Westpac Banking Corporation (ASX: WBC), known simply as Westpac, is an Australian bank and financial services provider headquartered in Sydney, Australia. Established in 1817 as the Bank of New South Wales, it acquired the Commercial Bank of Australia in 1982 before being renamed shortly afterwards.

3 Recent Items: Westpac

Westpac online outage resolved after ‘routine’ update crashes app | 9 News Australia

Released immigration detainee arrested; Westpac online services restored | 9 News Australia

No Christmas rate hike, but 2024 may be different, ex-RBA insider says | The Business | ABC News

Leave a Comment

We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.