Westpac is facing the first class action against a major bank in the wake of the Hayne royal commission into financial misconduct | clancyyeates
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Westpac hit with class action over 'irresponsible' home loansWestpac will face a class action in the Federal Court, with the bank accused of irresponsibly granting home loans to people who couldn't afford them.
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Westpac hit with class action that could affect thousands of home loansA class action is launched against one of Australia's biggest banks, alleging irresponsible lending practices.
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Wespac facing home loans class actionWestpac is facing a class action for allegedly giving loans to people who couldn't afford to pay them back. 9News
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Westpac's $2bn profit underscores advantages for 'big boy' banksWestpac appears to be weathering weak conditions in retail banking better than smaller rivals, notching up $2.04 billion in cash earnings in the latest quarter.
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Westpac share price lifts on bigger profit marginsWestpac's share price rises on a trading update showing the banking giant reaped $2.04 billion in profits during the last three months of 2018, thanks to higher interest margins.
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Property prices tipped to plunge further as lending slumpsThe Reserve Bank is expected to cut Australia’s already record-low interest rates later this year as house prices continue to plummet. 9News
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