WBC 0.52% $27.23 westpac banking corporation

interest rates, page-7

  1. 713 Posts.
    Not so good.

    As banks don't get to slug new loan owners with up front fee. However I am sure they are making heaps out of the superannuation industry, so I would not be to worried about to much of a loss in revenue. The only risk that I can see is loan foreclosure's when mum's and dad's and big business can no longer afford repayments, though given the dtrong GDP I don't think this will be a risk either...that is as far as I am aware.

    Cheers
 
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