AUSTRALIA’S Westpac Banking on Monday (May 8) warned of “intense” mortgage competition pressuring its margins in the current half and said it was dropping a cost target to instead focus on relative peer performance because of high inflation.
AUSTRALIA’S Westpac Banking on Monday (May 8) warned of “intense” mortgage competition pressuring its margins in the current half and said it was dropping a cost target to instead focus on relative peer performance because of high inflation.