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1 year ago

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Australia Westpac's bad debt falls, set to weather property downturn

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Australia Westpac's bad debt falls, set to weather property downturn

Westpac Banking Corp , Australia's third-largest mortgage lender, said on Monday its bad debt fell to a multi-year low in the June quarter, setting up a financial buffer as the country's housing market enters a downturn.

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Australia Westpac's bad debt falls, set to weather property downturn

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Australia Westpac's bad debt falls, set to weather property downturn

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