Business

Westpac Bank NZ reports $1B of cash earnings

Westpac Banking Corp's New Zealand unit lifted its full-year cash earnings, growing both deposits and lending against the backdrop of a strong economy and changing banking environment.  

Cash earnings, the preferred measure of the Australian-owned banks, rose 5 percent to $1.0 billion in the 12 months to Sept 30, the Sydney-based lender said in a statement.  Home l

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