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Westpac to review financing for major Australian oil and gas projects

Exposure to current oil and gas sector stands at $3.4 billion

paul hunt
Westpac to review financing for major Australian oil and gas projects

The past quarter was a near two-decade low for the big bank, as it put aside $1.6 billion aside for bad loans due to the current economic climate and paid out $900 million in fines over regulatory missteps. ...

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