australian Banking industry

Due to economic slowdown, Australia’s Westpac bank still promised to maintain its dividend, despite some speculation that its balance sheet growth is set to slow over the coming year.On the wider economy, Mr Evans noted that while the Reserve Bank of A…

Reserve Bank Governor Glenn Stevens sees scope for more monetary and fiscal easing if needed, while noting that major stimulus already in the pipeline would have a significant impact in coming months.”The long-run prospects for the Australian economy h…