Fortress Westpac

Article Abstract:

The plans of the chief executive David Morgan on the efforts of Westpac Banking Corporation in protecting the decline in housing lending are presented. David Morgan's views on the four pillars policy, which ensures that big four banks of Australia do not merge are presented.

Strategy & planning, Acquisitions & mergers, Management dynamics, Management, Mergers, acquisitions and divestments, Company acquisition/merger, Beliefs, opinions and attitudes, Company business management, Company business planning, Morgan, David

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AGC sale is timely for Westpac

Article Abstract:

After the horrendous losses it faced in the early 1990s AGC, formerly known as the Australian Guarantee Corporation, is profitable once again but its parent company Westpac is still looking for a buyer.

Commercial Banking, Commercial banks, Commercial finance companies, Australian Guarantee Corp.

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Lenders in high gear

Article Abstract:

The details on the competition between banks and finance companies in car financing for consumers with the rise in car sales in Australia are examined.

Motor vehicles and car bodies, Sales & consumption, Financial management, Economic aspects, Automobile industry, Company financing, Industry sales and revenue, Automobile financing

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