Westpac
Company · Banking
Finance
Home buyer nearly lost $1.2 million to a settlement scam over one letter
Settlement day is the most financially exposed moment in a property buyer's life, and payment redirection scammers know it. One Perth buyer got within minutes of losing $1.2 million.
Finance
Westpac says mortgage applications down 20pc since budget
Westpac says mortgage applications have fallen 20 per cent since the May budget scrapped investor tax concessions, as third-quarter cash earnings slipped to A$1.8 billion and the bank tips investor credit growth to roughly halve in 2027.