Money Laundering and Terrorist Financing Tars Westpac During Coronavirus Crisis

Posted on 03/31/2020


The Australian budget deficit will expand to A$ 160 billion for the 2020-2021 cycle according to Westpac Banking Corporation. Westpac is a Sydney-based bank and financial services provider. This is a stark contrast to the September 2019 announcement from Treasurer Josh Frydenberg that “The Australian economy is strong and ready for the challenges ahead.” Dwindling […]