Why is Westpac share price falling?, page-100

let's look at this logically.

UBS are correct in saying that WBC have a huge amount of residential mortgages that should have never qualified for loans.
that basically means that the Cap Tier rating of WBC should be reviewed once again.

another thorn in the side is the fact that the LIBS have vowed to extend this inquiry for as long as necessary, as it's a vote winner.

OK-on the positive side. OZ is basically stuffed, we are on our knees with wage growth and that is a saving grace for the big4. basically, it guarantees interest rates will stay on hold and those suspect mortgages will not foreclose!

cheers crazypunter