Finance Broker with over 20 years industry experience, providing comprehensive lending advice for Home & Business Customers.
Finance Broker with over 20 years industry experience, providing comprehensive lending advice for Home & Business Customers.
Reserve Bank of Australia governor Michele Bullock is holding off committing to revealing board votes on interest rate decisions and all members giving speeches, as recommended by an independent review. - AFR 25.09.23
The financial services regulator has alleged the major bank failed to process 229 hardship applications. The ASIC has commenced civil proceedings in the federal court against Westpac for breaches of the National Credit Code - Mortgage Business 05.09.23
The decision to pause will be with a reasonable view that the tightening cycle has peaked. Westpac concurs and expects that the next move in rates beyond mid–2023 will be the beginning of an easing cycle in the March quarter 2024 - Westpac 27.02.23