http://www.abc.net.au/news/2018-09-...responsible-home-loan-case-with-asic/10199178
Huge news. Not good in any way for Westpac.
$35 million fine.
10,500 loans that should NOT have been approved.
Seems like every week more details of WBC quality of their loan book is exposed.
Their image of responsible lending is quickly dissolving.
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