Get startedLog in
    Picture of Westpac Banking logo

    WBC — Westpac Banking News Story

    0.000.00%
    au flag iconLast trade - 00:00
    FinancialsConservativeLarge CapNeutral
    All News

    Australia's Westpac sees major mortgage application decline since tax changes

    Picture of Westpac Banking logoWestpac Banking
    11/06/2026 01:08
    Australia's Westpac sees major mortgage application decline since tax changes
    
    SYDNEY, June 11 (Reuters) - Australia's second-largest lender Westpac WBC.AX said on Thursday it had seen a 10% decline in mortgage applications since the centre-left Labor government announced major tax changes in its May Budget.

     (Reporting by Scott Murdoch in Sydney; Editing by Muralikumar Anantharaman)
     ((Scott.Murdoch@thomsonreuters.com;))

    Recent news on Westpac Banking

    See all news