NSW Government is providing interest only loans for new gambling machines with limits and that are cashless to clubs. Westpac misses out on that finance.
They want to sort out the graft so dealing with pimps, prostitutes and sexploitation is next.
Now Westpac can debank the registered clubs. That will be good for their reputation if not their profit line.
How do they sort out the problem that Westpac faced? debank the paedophiles, pimps and prostitutes before they start?
Westpac's $1,000,000,000 AUSTRAC Settlement?, page-97
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