Westpac delivers special dividend

Westpac has lifted full year earnings 8% and another special dividend

Westpac Banking Corporation Ltd has posted a strong lift in full-year cash profit and announced a special dividend as the lender looks ahead to an increase in lending activity on the back of improving confidence.

In the year to September 30, Westpac posted a cash profit of $7.097 billion, an eight per cent increase on the$6.598 billion recorded in the previous corresponding period.

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