The nation’s second-biggest lender expects interest rates to remain “elevated” and for house prices to have fallen more than 10 per cent by March.
Westpac expects 11 per cent house price fall, posts $6.8 billion profit
SY
Sydney Morning HeraldBy Millie Muroi
EXECUTIVE SUMMARY
The nation’s second-biggest lender expects interest rates to remain “elevated” and for house prices to have fallen more than 10 per cent by March.
Key Takeaways
- Westpac expects 11 per cent house price fall, posts $6.8 billion profit.
- The nation’s second-biggest lender expects interest rates to remain “elevated” and for house prices to have fallen more than 10 per cent by March.
- The nation’s second-biggest lender expects interest rates to remain “elevated” and for house prices to have fallen more than 10 per cent by March.
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Published originally on Sydney Morning Herald
