BRIAN HARTZER News & Analysis

Westpac has endured one of the most torrid weeks in its 200-year history but there's an upside, says Morningstar banking analyst Nathan Zaia.

Australia’s second largest bank remains undervalued and its earnings will recover despite the fallout from the money-laundering and child...

The downgrade means none of Australia’s big four banks carries an Exemplary rating.

Westpac has held its interim dividend despite the cost of refunding customers helping drag down first-half profit by 22 per cent to $3.296 billion.

Morningstar banks analyst David Ellis has made a 6 per cent cut to his fair value estimate for Westpac following its full-year cash earnings result.