Westpac’s yearly net profit has risen by 26 per cent with the bank posting a full-year profit of $7.19 billion.
The strong result will see the bank launch a share buy-back program for up to $1.5 billion.
Westpac declared a final dividend of 72 cents a share.
The report reveals a 12 per cent increase from last year’s final dividend.
The result is largely in line with expectations as the bank warns operational challenges will continue into next year.
More than $1 billion has been added to former President Donald Trump’s net worth on Monday,
Zero-alcohol drinks which convincingly mimic their alcoholic counterparts are providing a "gateway" into underage drinking for Australian teenagers, new research suggests.
A red wine has been recalled because it may contain an undeclared allergen.
Dozens of Sri Lankan Member of Parliaments who were in the ninth Parliament which is now dissolved have decided to…
More than $1 billion has been added to former President Donald Trump’s net worth on Monday,
Zero-alcohol drinks which convincingly mimic their alcoholic counterparts are providing a "gateway" into underage drinking for Australian teenagers, new research suggests.
A red wine has been recalled because it may contain an undeclared allergen.
Sri Lanka Cricket wishes to announce the appointment of Sanath Jayasuriya as the head coach of the national team.
Australians are increasingly struggling to make ends meet amid the cost-of-living crisis, with 1 in 5 now saying money has…
Melbourne-based bishop Mykola Bychok has been chosen by Pope Francis as one of 21 new cardinals.
