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ASX:WBC News 29 January 2026 - 7 February 2026

Westpac share price slides after ASX rout; investors brace for next week’s WBC update

Westpac share price slides after ASX rout; investors brace for next week’s WBC update

Westpac shares fell 1.2% to A$39.43 Friday as the S&P/ASX 200 dropped 2% amid broad selling. The bank is set to roll out Microsoft 365 Copilot to 35,000 staff after a pilot last year. Investors are watching for signs of loan growth and credit quality ahead of Westpac’s first-quarter update on Feb. 13. The Reserve Bank of Australia raised its cash rate to 3.85% this week.
7 February 2026
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Westpac share price: WBC closes flat after Westpac lifts savings rates — what to watch next

Westpac share price: WBC closes flat after Westpac lifts savings rates — what to watch next

Westpac shares closed up 0.05% at A$39.91 after the bank raised savings rates but kept base rates low for customers missing monthly criteria. The bank will lift variable home loan rates by 0.25% from Feb. 17, following the RBA’s cash-rate hike to 3.85%. The S&P/ASX 200 fell 0.43%. Investors await Westpac’s first-quarter update on Feb. 13.
5 February 2026
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NAB share price jumps 2% after RBA hike — what traders watch next

NAB share price jumps 2% after RBA hike — what traders watch next

National Australia Bank shares rose 2.1% to A$43.93 Wednesday after the Reserve Bank of Australia lifted its cash rate by 25 basis points to 3.85%. Major banks, including NAB, announced matching increases to variable mortgage rates, their first such move in two years. Investors await the RBA’s meeting minutes on Feb. 17 and NAB’s trading update on Feb. 18.
4 February 2026
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Westpac share price jumps after Reserve Bank of Australia rate hike — what to watch next for ASX:WBC

Westpac share price jumps after Reserve Bank of Australia rate hike — what to watch next for ASX:WBC

Westpac shares closed up 1.45% at A$39.89 after the RBA raised its cash rate by 25 basis points to 3.85%. The bank will increase variable home loan rates by 0.25% from Feb. 17. Investors are watching for further RBA moves at the next policy meeting in mid-March. Major lenders moved quickly to pass on the rate hike to borrowers.
4 February 2026
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Australia stock market today: ASX 200 jumps as RBA hikes rates and miners rebound

Australia stock market today: ASX 200 jumps as RBA hikes rates and miners rebound

The S&P/ASX 200 closed up 0.89% at 8,857.10 after the Reserve Bank of Australia raised its cash rate to 3.85%, the first hike in two years. Miners, tech, and banks led gains as investors adjusted to the new rate outlook. Major banks will lift variable home-loan rates by 25 basis points by mid-February. The index traded between 8,778.60 and 8,896.60 during the session.
3 February 2026
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Westpac share price climbs as RBA hikes rates — what to watch before the Feb 13 update

Westpac share price climbs as RBA hikes rates — what to watch before the Feb 13 update

The Reserve Bank of Australia raised its cash rate target by 25 basis points to 3.85% on Tuesday, citing rising inflation and strong demand. Westpac shares closed up 1.03% at A$39.32, outperforming other major banks. Investors now await Westpac’s first-quarter update on February 13 as attention shifts to mortgage repricing and potential credit stress.
3 February 2026
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Australia stock market today: ASX 200 slips as rare earths tumble, RBA rate call looms

Australia stock market today: ASX 200 slips as rare earths tumble, RBA rate call looms

The S&P/ASX 200 closed down 0.07% at 8,927.5 after higher-than-expected inflation data pushed traders to adjust rate hike bets ahead of the RBA’s meeting next week. Tech and rare earth stocks fell, with Iluka dropping nearly 14% after flagging A$565 million in charges. Miners and energy shares gained on strong commodity prices. The Australian dollar hit a three-year high before easing.
29 January 2026
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Xero shares drop 3% as rate-hike bets return in Australia — what to watch next week

Xero shares drop 3% as rate-hike bets return in Australia — what to watch next week

Xero shares fell 3.1% to A$94.90 on Thursday, trading between A$98.14 and A$94.01 as rising inflation fueled expectations of a February RBA rate hike. The stock sits about 51% below its 52-week high. Investors are watching the RBA meeting set for Feb. 2–3, with markets now pricing in a 70% chance of a 25 basis point increase.
29 January 2026
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Stock Market Today

Blockchain’s New Pitch: Tracking Supply-Chain Emissions for a Price

Blockchain’s New Pitch: Tracking Supply-Chain Emissions for a Price

7 February 2026
Blockchain industry groups are promoting supply-chain emissions tracking and data transparency, not crypto trading, as key business uses. Companies face mounting pressure to map Scope 3 emissions, which are often hard to verify. Past blockchain supply-chain projects, including Maersk’s TradeLens, struggled with adoption when partners failed to participate.
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