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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Westpac Banking Corp. Chief Executive Officer Anthony Miller struck an upbeat tone on the state of Australian consumers and businesses, in comments that underscore why the Reserve Bank is likely to remain cautious about lowering interest rates further. Fewer households have delinquent mortgages and stress levels in the bank’s mortgage book continue to come down, Miller told the Bloomberg Australia Podcast on Monday. Around 85% of customers with home loans are ahead on their payment plans, he said, while credit card spending is picking up.
