Westpac seeks promising signs on mortgage sales

Westpac said the share of home loans it was selling through mortgage brokers had increased significantly in recent months, and the bank was still aiming to source 30 per cent of loans through brokers in the short term. The bank said the only issue confronting the bank's retail business was slower loan growth, relative to its rivals, through mortgage brokers. The bank is also in the process of changing its training supplier for its internal sales force.