Westpac struggles with falling profits, margins and mortgage market share
Investors were clearly less than impressed since the price of Westpac shares fell more than 5% on both the NZX and the ASX on Monday. With special feature audio.
Hot Topic
Hawke’s Bay
Westpac’s core profitability in New Zealand fell in its first half-year as costs rose, profit margins were squeezed, it lost market share in the mortgage market and distressed dairy loans climbed.
Investors were clearly less than impressed since the price of Westpac shares fell more than 5% on
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Jenny Ruth
Tue, 03 May 2016
Tue, 03 May 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Westpac struggles with falling profits, margins and mortgage market share
57808