Rate Outlook Shock, NZ Capital Rule Shift, and What Analysts Forecast on 17 December 2025
Westpac Banking Corporation (ASX: WBC) is back in the spotlight on Wednesday, 17 December 2025, as a trio of developments collide: a meaningful shift in Westpac’s own interest-rate forecast, fresh regulatory direction out of New Zealand that affects Australian-owned banks (including Westpac), and a steady drumbeat of valuation-focused analyst commentary as bank stocks digest a strong run.
At around late afternoon in Australia, Westpac shares were trading near A$38.42, down modestly on the prior close, with the day’s range roughly A$38.01 to A$38.50. [1]
Below is a detailed, investor-focused roundup of the key news, forecasts, and analysis driving Westpac stock today—plus what to watch next.




