Quantcast
au iconAU

 

 

Westpac profit falls 7pc to $7.4b amid rising bad debts

Westpac's profit has fallen 7 per cent, with then bank recording full-year statutory earnings of $7.45 billion.

Westpac profit falls 7pc to $7.4b amid rising bad debts
smsfadviser logo

The bank's preferred measure of cash earnings, which excludes some one-off items, was in line with the previous year at $7.82 billion.

Read the full story at ABC Online.

Subscribe to Public Accountant

Receive the latest news, opinion and features directly to your inbox