Don't see why Westpac should get away with a rate rise almost double the RBA's. Seems with no competition (WBC is now being the biggest lender), WestPac can do whatever it wants!
I'm not with WBC, but if I were it would be the last straw - I'd find someone else to do my mortgage with - one of the credit unions would be fine - after all the the GFC is over - at least according to the RBA!
Perhaps its about time the government guarantee on retail deposits was lifted or at least extended to second tier lenders? What do ppl think?
I think consumers are being ripped off and the powers that be like it that way!
WBC
westpac banking corporation
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$38.68

gov guarantee of bank deposits should end
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Last
$38.68 |
Change
0.040(0.10%) |
Mkt cap ! $132.2B |
Open | High | Low | Value | Volume |
$39.00 | $39.05 | $38.60 | $166.3M | 4.284M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 42761 | $38.60 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$38.70 | 260 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 42761 | 38.600 |
2 | 579 | 38.580 |
1 | 11964 | 38.570 |
1 | 4414 | 38.550 |
1 | 4651 | 38.520 |
Price($) | Vol. | No. |
---|---|---|
38.700 | 260 | 2 |
38.710 | 10000 | 1 |
38.750 | 11503 | 2 |
38.760 | 1508 | 1 |
38.770 | 4394 | 1 |
Last trade - 16.15pm 18/09/2025 (20 minute delay) ? |
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WBC (ASX) Chart |