Briefs: Westpac adds leave entitlement, Tic:Toc goes below 1.9 per cent, MyState Banks beefs up mark

Banking Day staff
  • Westpac will provide employees with five days of paid leave for miscarriage in the first 12 weeks of pregnancy. The new leave provision is in addition to existing support options: up to 13 weeks paid leave for employees who experience miscarriage after 12 weeks and before 20 weeks (available for birth mothers and partners); and parental leave and carer’s leave in the event of stillbirth or miscarriage after 20 weeks.

 

  • Lender Tic:Toc has cut its mortgage rates below 1.9 per cent. The new variable rate for owner occupiers paying principal and interest is 1.89 per cent, a reduction of 5 basis points, and its one-year rate 1.84 per cent.

 

  • MyState Bank has appointed Neville Anitelea as senior manager marketing and communications – partnerships. Anitelea was most recently general manager marketing at the Motor Traders Association of New South Wales. He has had senior marketing roles at Pepper Homeloans, and AMP. He will develop the bank’s relationships with industry partners, particularly brokers.