Westpac sacrifices market share for quality mortgages
Chief executive David McLean says his bank is taking a cautious approach.
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Hawke’s Bay
Westpac says it’s been sacrificing market share in the mortgage market to ensure it’s writing quality loans.
The nation’s third-largest mortgage lender reported some financial results on Monday, although not its statutory net profit.
Instead, Westpac said its cash earnings, a measure open to
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Jenny Ruth
Tue, 08 Nov 2016
Tue, 08 Nov 2016
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Westpac sacrifices market share for quality mortgages
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