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MARKETS

Westpac to scale back oil and gas funding 

ONE of Australia's Big Four banks is to tighten funding to oil and gas developments but has committed to maintaining energy security in the nation, Westpac said today. 

Helen Clark
Westpac to scale back oil and gas funding 

Its market update made new climate commitments although its actual exposure to the oil and gas sector is relatively small at under A$2.5 billion in total, which represents a downward trend in recent years. ...

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