Westpac's profit falls as costs and bad debt charges rise
Westpac misses on a few numbers.
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Hawke’s Bay
Westpac’s third quarter net profit fell nearly 13% on higher charges for bad debts and as operating expenses rose.
The bank didn’t seem to win a trick in the June quarter with its share of mortgage lending also slipping.
The bank reported a $189 million net profit for the three months ended June,
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Jenny Ruth
Tue, 25 Aug 2015
Tue, 25 Aug 2015
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Westpac's profit falls as costs and bad debt charges rise
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