WBC 0.58% $27.31 westpac banking corporation

Not so good.As banks don't get to slug new loan owners with up...

  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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