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EXPLAINED: 2 - The Real Truth

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FED:'Grossly negligent': Westpac cops $26 million penalty

The Federal Court has slugged Westpac with a $26 million penalty for failing to respond to customers who were facing financial hardship.

Banks on notice as Westpac fined for failing clients

Banks on notice as Westpac fined for failing clients

Banking giant Westpac has been slugged with a $26 million penalty for failing to support customers in need, a decision an expert says sends a clear message.

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