August 17, 2011

Westpac Online Investing Wins Best Fully Featured Online Broker

Westpac Online Investing has been awarded “Best Fully Featured Online Broker” at the Australian Financial Review Smart Investor Blue Ribbon Awards.

The Smart Investor Blue Ribbon Awards are widely acclaimed within the finance industry as the most comprehensive and independent evaluation of Banking, Insurance and Investment products.

“Westpac Online Investing’s brokerage package possesses plenty of bells and whistles for investors and outscored the competition across both features and pricing,” commented the judging panel from Infochoice.

“This award recognises Westpac Online Investing’s significantly enhanced product suite and the reduction in brokerage fees,” said Paul Freeman, Head of Product & Sales, Westpac Online Investing.

The award also reflects the commitment shown by the team at Westpac Online Investing to offer a market-leading product in an increasingly competitive market place.

In March, Westpac Online Investing launched the new Westpac Cash Investment Account and sharply reduced brokerage to as low as $19.95.

Significant upgrades to Westpac Online Investing over the past 12 months have added a broader range of investments including a managed funds supermarket, international shares and CFDs covering currencies, commodities and indices.

Access is also available via the Westpac Online Investing mobile app, launched last year.

“We remain committed to increasing our market share and are considering a range of further upgrades to the product so that more customers will turn to Westpac Online Investing for its breadth of investment options, unrivalled research and value for money,” Mr Freeman said.

Source: www.westpac.com.au

June 1, 2011

Westpac named Money Magazine's Business Bank of the Year for the fourth consecutive year

Westpac's focus on understanding its customers and going the extra mile to help improve their businesses has contributed to it being named Money Magazine's Business Bank of the Year for the fourth consecutive year.

Scoring consistently well across all award criteria, Westpac was applauded for the flexibility of its business products. Westpac’s Bank Bill Business Loan, Business Choice credit cards, Business One Account, Business One Cash Reserve and Bonus Cash Reserve were all named as standout business product offerings.

Westpac General Manager Commercial and Agribusiness Trudy Vonhoff said that Westpac’s focus on getting closer to its customers and striving to better understand their needs had paid dividends.

Westpac held National Business Month in May, holding hundreds of events and seminars across the country focussing on the needs of business customers and designed to add value to their business.

Westpac’s recently launched Davidson Institute, titled Australia’s First school of Money, offers businesses everything from a website packed with free financial guides and online seminars, to short courses and accredited courses in business and finance. This is a key part of Westpac’s strategy to support businesses.

Using the Canstar Cannex business banking star ratings, Money Magazine rated Australian banks across 10 different categories.

Source: www.westpac.com.au