How is this below, the usual WBC cut and paste, ground hog day....

How is this below, the usual WBC cut and paste, ground hog day. WBC sp may be underpinned by the general market buoyancy due to a strong weekend lead from the USA market.

Outlook
It’s been one year since the RBA announced the first rate rise of the current tightening cycle. This
has been difficult for many customers and more are calling us to discuss their situation. The bank
is in a good position to help.
At a macro level, our loan portfolios remain healthy. Most mortgage customers are ahead on
repayments. Offset balances were little changed and mortgage delinquency levels are low.
Interest rates are now closer to their forecast peak, but we are focused on how long they stay high
and what this means for household budgets and discretionary spending. We expect to see more
stress in the period ahead, particularly in small business.
While the Australian economy remains resilient with low unemployment and high population
growth, it is expected to slow over the remainder of 2023. Credit growth – both housing and
business – will ease. Intense mortgage competition is expected to negatively impact industry and
Westpac’s margins in the next half.
Westpac enters this environment from a position of strength. We’ve set the balance sheet for the
tougher outlook. We continue to run the bank conservatively, with the flexibility to support growth
and handle the more challenging conditions