News: Westpac builds partnership with Onthehouse

.

Westpac Banking Corporation (ASX:WBC) has taken the major media sponsorship position on property information portal Onthehouse Holdings Limited (ASX:OTH) for the next 12 months. 

 

The bank says it was keen to extend the partnership as its objectives fit with Onthehouse’s engagement and offering to Australian property owners and investors. 

 

Both companies believe the advertising commitment reflects the ongoing confidence in the partnership over the past 12 months. 

 

Onthehouse CEO Michael Fredericks has flagged opportunities to develop new products and services to add value to property consumers and agents. 

 

Mr Fredericks says the partnership will help strengthen and expand the relationship Onthehouse has with Australia’s real estate agents and property consumers. 

 

Westpac Banking Corporation reported a net profit $3.65 billion in the first half of the 2014 financial year.