Westpac non-executive director Peter Nash survives investor backlash over ties to ASX, reelected to board with 40% against vote. Nash faced similar protest at Mirvac Group meeting. Proxy advisors advised against reelection due to ASX role during turmoil. Westpac CEO calls for social media companies like Meta to combat online scams, highlighting bank’s $500 million spent on prevention efforts. Reserve Bank of Australia rules out further policy easing, warns of potential interest rate hike if inflation persists.

Read more at Yahoo Finance: Westpac director survives investor backlash over ASX ties