Westpac chief executive Anthony Miller is pursuing a more ambitious growth agenda than predecessor Peter King, boosting lending to small business and pushing his bankers to sell more products to existing customers to fend off major competitors.
The re-election of the Albanese government with an increased majority over the weekend was positive for business confidence, Miller said as he handed down his first financial result as CEO. The first of the big four banks to report interim earnings, Westpac posted a 1 per cent dip in its first half profit to $3.3 billion.
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