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Westpac is Australia's second largest lender.

Westpac outlines new $341m remediation hit

Westpac says its full-year results will be reduced by a further $341 million after the bank increased its annual provision for customer remediation to just short of $1 billion.

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Total Shareholder Return as at 30/06/16

1 year TSR5 year TSR
250thNational Australia Bank22%3%
408thWestpac-2%13%
423rdTelstra-4%21%
447thQantas-9%19%
730 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

11/11/14
$0 Bought
11/11/14
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

5th-Telstra$26,607.0m
6th↑Westpac$21,642.0m
8th-National Australia Bank$19,101.0m
9th-Qantas$16,200.0m
77 listed non wa companies ranked by revenue.
Source: Morningstar

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