Westpac share price: WBC closes flat after Westpac lifts savings rates — what to watch next
Westpac shares closed up 0.05% at A$39.91 after the bank raised savings rates but kept base rates low for customers missing monthly criteria. The bank will lift variable home loan rates by 0.25% from Feb. 17, following the RBA’s cash-rate hike to 3.85%. The S&P/ASX 200 fell 0.43%. Investors await Westpac’s first-quarter update on Feb. 13.