Westpac has announced its Q1 trading update, which revealed a flat profit result:
Westpac also posted a slight uptick in mortgage delinquencies:
Westpac profit flatlines as 90+ day mortgage arrears surge
Leith van Onselen
Monday 18 February 2019
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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