Westpac CEO defends existing mortgage customer “loyalty tax”
Australia’s Westpac Banking Corp
on Friday defended an industry practice of discounting
loans for new mortgage customers, which leaves existing
customers paying what critics have termed a “loyalty tax” saying
it aided competition.
on Friday defended an industry practice of discounting
loans for new mortgage customers, which leaves existing
customers paying what critics have termed a “loyalty tax” saying
it aided competition.
Posted by Reuters
