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Westpac’s $10 billion U-turn on New Zealand – Sydney Morning Herald

Westpac’s trans-Tasman tantrum has finished as the bank decides to retain its business in New Zealand.

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Indeed there would be nothing simple about separating its business in New Zealand from Australia in a regulatory sense.
Westpac has been the performance laggard among the big four Australian banks – having lost market share over the past year in mortgage…

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