Categories: Business News

Westpac flags deepest housing downturn in nearly two decades, impairment charges double

Nov 2 (Reuters) – Australian lender Westpac on Monday warned of a housing market downturn steeper than any seen in nearly two decades and reported a twofold jump…

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Published: November 2, 2026 07:01:14 IST

Nov 2 (Reuters) – Australian lender Westpac on Monday warned of a housing market downturn steeper than any seen in nearly two decades and reported a twofold jump in credit impairment charges, while

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Published by
Published: November 2, 2026 07:01:14 IST

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