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The purpose of this article is to evaluate Westpac Banking Corp. (WBK) as an investment option at its current market price. WBK is a stock I used to recommend (and own), although I shifted away from Australian banks some time ago. However, I kept WBK on my radar because I watch the Australian economy closely, and the dividend yields offered by the banks there offer relatively attractive dividends. As we push forward in 2020, some developments across the continent and within the company itself continue to give me reasons for pause. One, the