WBC 0.41% $26.64 westpac banking corporation

News: WBC UPDATE 1-Australia's Westpac braces for $1.4 bln hit to earnings on coronavirus impact, page-6

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    Weird way to look at it. The provision is because the previously expected cash flow won't happen. A bit chicken or egg

    but the provisions sit on the balance sheet and will sit there til the facts (cash flow) is known - you are right on that one.

    Last edited by daleium: Typo 28/04/20
 
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