Westpac Tightens Credit & 100,000 Banks Defer Loans

#Finance #Economy #HeiseSays

Westpac tightens credit and 100,000 bank loans deferred.

References

Westpac tightens credit for self-employed amid COVID-19 risks

https://www.smh.com.au/business/banking-and-finance/westpac-tightens-credit-for-self-employed-amid-covid-19-risks-20200511-p54rvk.html?fbclid=IwAR3xG52jXuCE5vC17F6hXRAlCvwH5nALqvSSIyJ_K3hdVnyrOmSczOBTMEs

Banks defer 100,000 loans in last week alone
https://www.savings.com.au/home-loans/banks-defer-100-000-loans-in-last-week-alone