Westpac cash profit up to $6.6 billion

Westpac Chief executive Gail Kelly pronounced credit expansion would sojourn resigned in a year ahead. Picture: AFP
Source: AP

WESTPAC is a second of a vital banks to news a dump in full year net profit.

But instead of signalling a weakening change piece a dump was driven by taxation changes and abandoned by investors, who focused on clever money gain to pull a share cost aloft in early trading.

The bank announced a 15 per cent tumble in increase to $5.97 billion as a result

Read full article: http://www.theaustralian.com.au/national-affairs/experts-cane-tony-abbotts-red-tape-cuts-plan/story-fn59niix-1226509179836

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Source:
http://www.news.ezonearticle.com/2012/11/04/westpac-cash-profit-up-to-6-6-billion/