WBC westpac banking corporation

Aus #Property Bubble is over

  1. 271 Posts.
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    #RBA has declared the threat of a property bubble is over. It has cut the interest rate to 1.5% from 1.75%. Still to high our interest rate. Trying to safe guard the economy from deflation and make the $A more competitive. It is a stimulus monetary policy. Need now given the much lower rates of US, UK, EU and Japan.

    The nation's biggest lenders –CBA, ANZ, NAB, WBC – will not be passing the same cut to mortgage holders; only half at best. Banks seeking to maintain Return on Equity to shareholders and a beauty of dividend yields. Suggest a #BUY strategy.
 
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(20min delay)
Last
$38.47
Change
0.520(1.37%)
Mkt cap ! $131.5B
Open High Low Value Volume
$38.20 $38.56 $38.10 $241.0M 6.272M

Buyers (Bids)

No. Vol. Price($)
25 2775 $38.46
 

Sellers (Offers)

Price($) Vol. No.
$38.47 2874 26
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Last trade - 15.22pm 12/09/2025 (20 minute delay) ?
WBC (ASX) Chart
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