When applying for an average home loan from Westpac first home buyers will now be required to cough up an extra $12,500 more than before after Westpac announced policy changes that came into effect earlier this week.
The clock is ticking and in 3 years, it's time up for the banks as we know it. Westpac can merge their retail branches of St George and Westpac into one to dominate the retail branch outlet network in Australia.