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Westpac boasts $4.25b profit despite shocking Royal Commission revelations

Article image for Westpac boasts $4.25b profit despite shocking Royal Commission revelations

Another one of the big banks has announced a massive profit.

Westpac has posted a whopping $4.25-billion profit despite revelations made at the Banking Royal Commision that it pocketed money for issuing bad advice.

Westpac boss Brian Hartzer says the commission proves a critical opportunity to restore customer trust.

Consumer Action Law Centre CEO Gerard Brody tell Ben Fordham it’s staggering.

“It does make the eye water. It’s a bit much seeing what we’re seeing through the Royal Commision.”

Listen to the full interview below 

Ben Fordham
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