ASX:WBC 10 May 2026 - 11 June 2026

Westpac Shares Bounce With RBA in View After Mortgage Growth Slows
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Westpac Shares Bounce With RBA in View After Mortgage Growth Slows

Westpac shares rose 1.45% to A$35.00 Friday, recovering after a sharp drop linked to slowing mortgage applications, now at 27,000 a month post-budget. The bank’s June 11 update cited higher rates and policy shifts as pressures on credit growth. Investors await the Reserve Bank of Australia’s June 16 policy decision. Westpac’s 77 cent interim dividend is due June 26.
June 12, 2026
NAB shares down as ASX 200 drops, banks under new pressure
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NAB shares down as ASX 200 drops, banks under new pressure

National Australia Bank closed down 1.8% at A$35.68 on the ASX Thursday, trading near recent lows as sellers targeted major banks. The S&P/ASX 200 index slipped 0.23% to 8,633.20, pressured by declines in banking stocks and renewed Middle East tensions. NAB’s half-year cash earnings missed analyst estimates, while credit impairment charges rose to A$706 million. Short interest in Australia’s big four banks has climbed to nearly A$11 billion.
June 11, 2026
Westpac Slides 2.6% as Mortgage Growth Slows, ASX Bank Stocks Fall
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Westpac Slides 2.6% as Mortgage Growth Slows, ASX Bank Stocks Fall

Westpac shares fell 2.57% to A$34.50 Thursday, closing at the session low as mortgage application volumes dropped to 27,000 per month after the budget. The S&P/ASX 200 slipped 0.23% to 8,633.20, with financial stocks leading declines. Westpac’s latest update flagged slowing housing credit growth. Short positions against major Australian banks reached a record A$11 billion.
June 11, 2026
ASX Opens as Banks, Miners and Oil on Radar for Next Moves
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ASX Opens as Banks, Miners and Oil on Radar for Next Moves

The S&P/ASX 200 fell 0.7% to 8,625.10 on Friday, with BHP, Rio Tinto, and Fortescue all down as iron ore futures dropped for a fourth week. The market was closed Monday for the King’s Birthday holiday and is set for a cautious open Tuesday. Oil prices stayed high, while U.S. tech stocks rebounded during Australia’s break. The RBA cash rate remains at 4.35% ahead of the June 16 decision.
June 8, 2026
Westpac Shares Pause for Holiday, All Focus on Tuesday Reopen
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Westpac Shares Pause for Holiday, All Focus on Tuesday Reopen

Westpac closed Friday at A$34.81, down 1.2% on the day and 3.3% for the week, as the ASX remained shut Monday for the King’s Birthday. The bank will deliver its consumer banking update Thursday, with investors focused on mortgages, deposits, and margins. Westpac plans to expand its Community Banking Service to six Queensland towns and upgrade six branches, spending over A$10 million. The Reserve Bank’s cash rate target remains at 4.35%.
June 8, 2026
Westpac Shares Flat Ahead of Consumer Update
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Westpac Shares Flat Ahead of Consumer Update

Westpac shares closed at A$34.81 on Friday, down 1.22%, capping a week-long slide of 3.31%. The ASX 200 fell 0.70% as banks and miners retreated. Westpac will update investors on its consumer banking Thursday, after announcing a new mobile branch model and A$10 million for regional upgrades. The ASX is closed Monday for the King’s Birthday holiday.
June 7, 2026
ASX Faces Volatile Tuesday Reopen After Long Weekend as Banks and Miners Watch Wall Street
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ASX Faces Volatile Tuesday Reopen After Long Weekend as Banks and Miners Watch Wall Street

The S&P/ASX 200 fell 0.7% to 8,625.10 on Friday, closing the week down 1.2% as banks and miners dragged the index lower. BHP, Rio Tinto, and Fortescue all declined alongside iron ore futures, while healthcare stocks rose. ASX trading resumes Tuesday after the King’s Birthday holiday. Megaport announced four AI infrastructure deals worth A$458.9 million and an A$827.3 million equity raising.
June 6, 2026
NAB Shares Rebound; Watch for What’s Next for Big Australian Banks
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NAB Shares Rebound; Watch for What’s Next for Big Australian Banks

National Australia Bank shares rose 1.98% to A$37.04 on Tuesday, rebounding from a 52-week low hit Monday. The move followed Reserve Bank of Australia minutes suggesting room to pause on rate hikes. Inflation, energy shocks, and bad-debt risks continue to weigh on the sector. NAB’s first-half cash earnings recently missed estimates, partly due to a A$706 million credit impairment charge.
May 19, 2026
ANZ Shares Slip Again, And Tuesday’s RBA Signals May Decide What Comes Next
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ANZ Shares Slip Again, And Tuesday’s RBA Signals May Decide What Comes Next

ANZ closed Monday at A$35.06, down 0.43%, as the S&P/ASX 200 dropped 1.45% to a seven-week low amid oil and inflation concerns. ANZ’s standard variable home loan rate rose to 8.64% from May 15. The Reserve Bank of Australia holds its cash rate at 4.35%, with meeting minutes due Tuesday. Financials fell less than the broader market, but ANZ shares still declined.
May 18, 2026
CBA Bounces, but Australia Bank Rout Leaves Traders Asking What’s Next
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CBA Bounces, but Australia Bank Rout Leaves Traders Asking What’s Next

Commonwealth Bank of Australia shares rose 0.84% to A$160.74 Monday, bucking a 1.45% drop in the S&P/ASX 200. The gain followed last week’s record 10.43% one-day fall after CBA raised loan-loss provisions by A$200 million. CBA also named Professor Mary-Anne Williams its first Chief AI Scientist. The broader market hit a seven-week low as energy was the only sector to advance.
May 18, 2026
ASX Preview: RBA Minutes and Oil Move in Focus for Banks, Miners
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ASX Preview: RBA Minutes and Oil Move in Focus for Banks, Miners

The S&P/ASX 200 fell 1.3% last week, closing Friday at 8,630.8, as mining stocks dropped and investors awaited Tuesday’s Reserve Bank of Australia minutes. Inflation outpaced wages, with the consumer price index up 4.6% year-on-year to March and wages rising 3.3%. The RBA raised its cash rate to 4.35% in May. Commonwealth Bank shares plunged 10.43% Wednesday after setting aside more for Middle East risks.
May 17, 2026
Banks, Oil, Jobs Data Put ASX 200 on Notice After Volatile Week
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Banks, Oil, Jobs Data Put ASX 200 on Notice After Volatile Week

The S&P/ASX 200 closed Friday down 0.1% at 8,630.8, ending the week 1.2% lower—its weakest in over three weeks. Financials dropped 4.3% for the week after budget housing-tax changes hit bank mortgage-growth outlooks. Commonwealth Bank lost nearly A$30 billion in market value midweek before rebounding 1.9% Friday. Miners rose 1.7% for the week despite a sharp Friday pullback.
May 16, 2026
Westpac Banking Corporation Stock Faces New Test as Bad-Loan Fears Hit Australia’s Banks
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Westpac Banking Corporation Stock Faces New Test as Bad-Loan Fears Hit Australia’s Banks

Westpac shares rose 0.4% to A$35.72 on Thursday but remain down 8.3% over the past week after a sector-wide selloff triggered by Commonwealth Bank’s record 10.43% drop. Westpac reported a A$443 million credit impairment charge for the half, up from A$250 million a year ago, and a 12.4% common equity tier 1 ratio. Stressed exposures fell to 1.16% of total commitments.
May 14, 2026
Australia Stock Market Today: ASX 200 Snaps Losing Run as CBA Bounces — But Rally Looks Thin
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Australia Stock Market Today: ASX 200 Snaps Losing Run as CBA Bounces — But Rally Looks Thin

The S&P/ASX 200 rose 0.12% to 8,640.7 on Thursday, breaking a four-day losing streak as bank stocks rebounded late, led by Commonwealth Bank’s 1.8% recovery after a record drop. Decliners outnumbered advancers, with tech and staples falling sharply. BHP and Rio Tinto closed at record highs, but rare earths and consumer staples slumped. Investors remain focused on budget-driven tax changes and recent interest rate hikes.
May 14, 2026
ANZ stock falls as housing-tax reset tests a stronger earnings story
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ANZ stock falls as housing-tax reset tests a stronger earnings story

ANZ shares closed down 2.12% at A$35.14 Tuesday, with Commonwealth Bank, Westpac and NAB also falling as investors sold major banks ahead of the federal budget. The government confirmed limits on negative gearing and changes to capital gains tax from July 2027. ANZ traded 5.27 million shares, above its recent average. The S&P/ASX 200 dropped 0.36%.
May 12, 2026
UK & AU Stock Market Today: Live Updates 11.05.2026
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UK & AU Stock Market Today: Live Updates 11.05.2026

LIVEMarkets rolling coverageStarted: May 11, 2026, 12:00 AM EDTUpdated: May 11, 2026, 11:51 PM EDT Can Westpac Banking Corp (WBC) Shares Outperform ASX 200 in 2026? May 11, 2026, 11:51 PM EDT. This analysis explores the potential for Westpac Banking Corp (ASX: WBC) shares to outperform the S&P/ASX 200 index (XJO) by 2026. The article breaks down key valuation methods including the price-to-earnings (PE) ratio, which compares share price to earnings per share. WBC's PE ratio currently stands at 19.2x versus the banking sector average of 18x. Using sector-adjusted PE valuation, WBC's share is valued around $35.13. Additionally, the piece
May 11, 2026
Westpac Banking Corporation’s New RBA Call Points to Two More Rate Hikes
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Westpac Banking Corporation’s New RBA Call Points to Two More Rate Hikes

Westpac now expects the Reserve Bank of Australia to raise rates in August and September, not June and August, citing persistent fuel-driven inflation. The shift follows Westpac’s A$3.41 billion first-half profit miss and higher bad-debt provisions. The RBA lifted its cash rate to 4.35% on May 5, warning that fuel costs are feeding into broader inflation. Other major banks remain split on the timing of further hikes.
May 10, 2026
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