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AAP
AAP
Derek Rose

REVEALED: Westpac borrowers coping well with rates inflation | Rare Historical Photos

Westpac's CEO and chair told shareholders that borrowers were coping well with rates and inflation. (Con Chronis/AAP PHOTOS)

Customers are surprising Westpac executives with how well they are coping with higher interest rates and inflation.

Chief executive Peter King told shareholders at the bank's annual general meeting in Brisbane on Thursday that the amount of stress in Westpac's credit card business actually reduced in the past six months.

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