One of Australia's largest banking institutions, Westpac, has hit out at the Australian government's planned bank levy on Monday, calling it "inefficient."
OneofAustralia'slargestbankinginstitutions,Westpac,hashitoutattheAustraliangovernment'splannedbanklevyonMonday,callingit"inefficient."Thenewlevytobeappliedtomaj
Australia's Westpac Banking Corporation on Monday posted a 14 percent increase in its full- year net profit, driven by a strong performance across all its operating division.