WESTPAC HAS ANNOUNCED IT'S FOURTH RECORD ANNUAL PROFIT IN A ROW .

AUSTRALIA'S SECOND BIGGEST BANK SAYS PROFIT ROSE BY 14 PER CENT RISE TO SIX-POINT-EIGHT BILLION DOLLARS .

CASH PROFIT, ROSE BY EIGHT PER CENT.

WESTPAC LIFTED ITS FINAL DIVIDEND TO 88 CENTS A SHARE

SHAREHOLDERS WILL LSO GET A SPECIAL 10 CENT PAYOUT A SHARE.

CHIEF EXECUTIVE GAIL KELLYS SAYS THE RESULT WAS DERRIVED FROM EFFICIENT MANAGEMENT - A STRATEGY THAT WILL BE TAKEN INTO NEXT YEAR.

INVESTORS DIDNT LIKE WESTPAC'S RESULT

SHARES SHED ONE-POINT-TWO PER CENT

THE OTHER BANKS WERE ALSO LOWER WITH THE EXCEPTION OF CBA

THE AUSTRALIAN SHAREAMERKET ISSLIPPED AS BANKS LOST GROUND

THE ALL ORDS FELL POINT FOUR PER CENT

ACROSS THE REGION - JAPAN'S MARKET IS CLOSED

HANG SENG IS EDGING HIGHER

THE AUSTRALIAN DOLLAR HAS RISEN AGAINST THE GREENBACK