Original article by Rose Powell
The Australian Financial Review – Page: 31 : 11-Aug-15
The Australian dollar is likely to continue to fall. Westpac expects the currency to decline to $US0.70 at the end of 2015. Westpac chief economist Bill Evans explains that the bank revised its forecast from $US0.72 to reflect lower forecast for global growth for both 2015 and 2016.
CORPORATES
WESTPAC BANKING CORPORATION – ASX WBC, UNITED STATES. FEDERAL RESERVE BOARD, RESERVE BANK OF AUSTRALIA, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, OANDA AUSTRALIA PTY LTD