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Groundhog day: Westpac unfurls another round of write-downs – Sydney Morning Herald

Whether this is the last of the earnings shocks for Westpac shareholders to endure remains to be seen. But the bank can still…

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The move is consistent with the strategies employed by the big four banks to concentrate their efforts to core consumer-based banking in Australia – a feature which has led to them being referenced as large building societies.
But the writedown in WIB assets…

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