Westpac has announced its commitment to hire 200 additional small business and SME bankers across Australia by the end of 2027, reinforcing its support for the nation’s economic growth. These roles will be distributed across regional and metropolitan areas, focusing on high-growth industries and communities.
Supporting the engine of the Australian economy
“Small businesses and SMEs are the backbone of Australia’s economy, representing 98% of all businesses in the country,” said Anthony Mathews, National General Manager, SME & Small Business at Westpac. “We’re committed to helping more businesses succeed, whether they’re just starting out or looking to expand.”
Currently, Westpac employs over 500 SME banking experts. With this expansion, the bank aims to deepen its support in communities like Cabramatta (NSW), Toowoomba (QLD), and Albany (WA). The new hires will play a critical role in delivering quick access to finance, cash flow solutions, and business planning advice.
A timely investment in growth
The announcement comes as economic conditions are expected to improve. Over 73,000 new businesses were established in 2023-24, and Westpac sees significant opportunity to assist this wave of entrepreneurs. “Businesses have shown remarkable resilience through economic slowdowns, and as optimism rises, we’re ready to help them grow,” Mathews added.
Opportunities for passionate bankers
Westpac has already started hiring for these roles, offering an onboarding program and the tools needed for success. Positions are open to both internal and external candidates, reflecting the growing demand for banking expertise to support Australia’s dynamic business sector.
By expanding its SME banking team, Westpac is doubling down on its commitment to drive business growth and foster prosperity in communities across Australia.
