A government-backed inquiry in Australia called for more competition and stronger capital reserves for the nation's four major banks.
Asian shares traded mixed on Monday after China's gross domestic product showed the world's second-biggest economy cooled lesser than expected.
Asian shares largely declined on Tuesday as investors digested the latest inflation data due out of China.
Just two days after notching a two-month high, the Australian dollar is under attack amid bets for fresh stimulus in November.
Westpac unveiled a $2.5B capital raising to meet new stricter capital rules, and also pushed home loan rates higher by 20 basis points.
Equity markets in China got a boost from comments out of the country's central bank that the country's market correction is "almost over."
Energy shares across Asia climbed Wednesday after oil prices surged overnight, helping to pull most Asia markets into positive territory.
Asian stocks were mixed on a subdued Friday, as investors awaited the crucial U.S. nonfarm payrolls report for September.
Asian shares plummeted on Tuesday, with commodity plays among the biggest casualties on the back of China-related worries.
Asian equity markets were mixed on Monday, with data from the world's second largest economy in focus.
Asian stocks were mostly lower amid choppy trade on Friday, as uncertainty over the outlook of U.S monetary policy sapped investor confidence.
Asian shares traded mixed on Thursday, with Japan's Nikkei 225 index lagging on its first day of trade following a five-day long weekend.
Asian shares largely advanced on Tuesday, stabilizing from sharp declines in the previous session, after Wall Street ended higher.
Asian shares outside Japan advanced on Friday after the Fed decided to hold off on its first rate hike in nearly a decade.
Chinese shares took another tumble on Tuesday amid persisting worries about the health of the world's second-biggest economy.
Asian stocks put up a mixed performance on Monday, as traders digest a slew of Chinese data and tread cautiously ahead of the Fed's meeting.
Asian stocks see-sawed on Friday, as investors eyed increased uncertainty heading into the Federal Reserve's meeting on interest rates next week.
Asian shares outside South Korea declined on Thursday, as economic data out of the region's top two economies heightened concerns about growth.
The dollar rose on Wednesday, following equities rallies on Wall Street, Europe and Asia.
Asian shares were on a roll Wednesday, as investor confidence got a boost from the strong rally in offshore markets.