No mortgage stress so far despite higher rates - Westpac boss Peter King

Westpac chief executive Peter King says he is yet to see signs of mortgage stress despite last week's decision by the Reserve Bank to raised its official cash rate. 

Mr King's assurance came as Westpac reported a five percent fall in half year profit to $3.28 billion.

I spoke with Peter King on a media and analyst briefing after the results were announced