05 August 2003 12:00am

Westpac's strategy session last Thursday doled out a few highlights worth taking note of but ignored elsewhere in the enthusiasm to embrace a Clayton's profit forecast from the bank. Making use of the presentation from Mike Pratt, Westpac's group executive, business and consumer banking:

• Westpac estimates the industry profit for mortgages in Australia at $1.9 billion.

• the bank estimates the total consumer banking profit pool in Australia at $3.8 billion.

• Westpac's overall consumer banking market share, measured by profits, is 15 per...