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Westpac profit climbs, executive leaves

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.

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Read more: BTDavid McLeanPeter GardnerPeter KingPlato Investment ManagementSimon PowerWestpac Institutional BankWestpac Pacific