(19 November 2024 – Australia) Westpac plans to employ 200 new business bankers by the end of 2027 to help back SMEs in growth industries across Australia.
The hiring push will increase Westpac’s business banker cohort by up to 40 percent in the next three years as the group targets further growth in one of its strongest performing segments.
The recruitment drive is designed to support customers in growth areas such as tech and healthcare and in flourishing communities including Cabramatta in Sydney and Toowoomba in Queensland.
“We see a huge opportunity for Westpac to further support startups and early stage businesses in what is already one of the bank’s fastest growing segments” commented Westpac National General Manager, SME & Small Business, Anthony Mathews.
“Small businesses and SMEs are the engine room of the Australian economy, making up 98 per cent of all businesses in this country. We’re here to support more great Australian success stories in the future. The opportunity is huge with more than 73,000 new businesses being established across the country in 2023/24.”