Westpac Profit Falls 1% as Loan Impairment Charges Rise

Westpac Banking Corporation’s statutory net profit attributable to owners fell 1% for the year ended Sept. 30, 2026, as higher charges for impaired loans outweighed improved operating income and lower expenses. Business lending also grew during the year. The profit figure was statutory net profit attributable to owners. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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