SECOND LARGEST AUSTRALIAN BANK FINED FOR FAILING TO REPORT 19 MILLION OVERSEAS TRANSACTIONS

HIGHLIGHTS

• Australia's Westpac bank has haggled to pay a record A$1.3bn (£0.7bn; $0.9bn) fine for the country's greatest breach in tax evasion laws.

A year ago, Australia's budgetary wrongdoing guard dog said the bank had negl...

Westpac Scandal failed to stop Australia share market to score highest ever point

The Westpac, one of the biggest institutions of Australia, controversy failed to affect the country’s share market as it scored the highest point ever. Westpac is the second largest bank in the country and dominates the value market but the Westpac scandal couldn’t stop the Indies sco...