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NewsMail Afternoon Edition
Thu 02 Feb, 2012

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560 jobs to go at Westpac

The Finance Sector Union has confirmed that 560 jobs are set to go at Westpac Bank - 150 of those roles are going offshore.

The departments affected by the job cuts are technical services, administration, legal, retail and business banking and administration.

Financial institutions are cutting jobs in Australia and overseas and analysts at UBS expect some 7,000 jobs to go in Australia alone in the next two years.

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The Drum

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Uninspired parties stick to the status quo

Only twice since the Menzies era have the same two leaders of the major parties gone head-to-head at consecutive Australian federal elections.

Re-runs are very much the exception rather than the rule.

So how is it that right now the major parties are on track to put up the same two candidates that failed to flatter in the 2010 election, failed to win a majority in their own right, and have been returning abysmal personal ratings ever since?

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Just In

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Lone Wolf bikie arrested over drugs and pistol

Police say they have arrested a Lone Wolf bikie after seizing a gun and drugs from a holiday apartment on the New South Wales mid-north coast.

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World

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Riot sparks carnage at Egyptian soccer match

Witnesses describe scenes of carnage and terror after a riot at an Egyptian soccer match leaves at least 74 people dead and around 1,000 more injured.

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Business

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560 jobs to go at Westpac

The Finance Sector Union has confirmed that 560 jobs are set to go at Westpac Bank - 150 of those roles are going offshore.

The departments affected by the job cuts are technical services, administration, legal, retail and business banking and administration.

Financial institutions are cutting jobs in Australia and overseas and analysts at UBS expect some 7,000 jobs to go in Australia alone in the next two years.

More »

Politics

More Politics »

Bligh hails 'gutsy' north Qld on Yasi anniversary

Premier Anna Bligh has marked the anniversary of Cyclone Yasi with locals in Tully, south of Cairns in far north Queensland.

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Sport

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Hussey backs Warner's switch-hit

Australian Twenty20 batsman David Hussey says David Warner's controversial switch-hitting technique should continue to be allowed in international cricket.

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Science and Technology

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Elephants could prevent bushfires: expert

Australia could introduce large herbivores such as elephants as part of a radical biological solution to the problem of bushfires and invasive species, says one expert.

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Environment

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Concerns over cost-cutting at new ABC HQ

Environmental consultants employed on the ABC's new Queensland headquarters in Brisbane temporarily resigned over concerns that key environmental health measures had been dumped in order to save money, leaked documents have revealed.

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