Westpac banking


Property developers: a political party’s best friend

Property developers and development companies are public spirited fellows. In 2007-07 they provided $5.1 million of the $13.9 million which AEC figures show was donated to the three major political parties, writes Richard Farmer.

Westpac swoops on Rams

Westpac surprised the market this morning with a deal to pick up the brand name, franchisees and future business of the troubled Rams home loan group.