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Westpac profit climbs, executive leavesBY ANNABELLE DICKSON | MONDAY, 3 MAY 2021 11:57AM
Westpac has signalled its recovery from the pandemic with cash earnings increasing by 256% to $3.5 billion over the last 12 months, as it looks to reduce costs by 2024 and farewells a key executive.
Read more: BT, David McLean, Peter Gardner, Peter King, Plato Investment Management, Simon Power, Westpac Institutional Bank, Westpac Pacific
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After four months of due diligence, the two super funds have confirmed they will merge before the end of the year.
The $179 billion sovereign wealth fund has promoted internally to appoint a deputy chief investment officer for portfolio strategy.
The alarming rate that financial advice is increasingly becoming unaffordable for everyday Australians further cements the position of the rich and powerful, an inquiry heard this morning.
The Sydney multi-boutique has appointed a Queensland-based distribution director, hiring from GSFM.
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