(Bloomberg) -- Westpac Banking Corp. saw a reduction in stressed assets as it reported profit for the quarter, with Chief Executive Officer Peter King noting that Australian interest rates will likely decrease over the coming year.Most Read from BloombergTrump Keeps NY Empire Intact as Judge Rescinds Asset-Sale OrderRecord US Stock Rally Is Under Threat From a World in TurmoilSystemic Risk Concerns Grow Among Money Managers as Real Estate Woes Cause TurmoilTop Investors Share the Toughest Lesson

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