Westpac


Supporting all Australians

1A Strong Banking Sector
2The Backbone of Business
3Home Ownership
4People of Westpac
5Supporting Australia
6Our Community
7Offering Economic Stability

200 years old
Australia's first bank
and first company

“As Westpac Group enters its third century in business, we’ve reflected on how one of Australia’s first start-ups has grown into the company it is today:  Australia's second largest company, with almost 40,000 people around the world devoted to helping more than 13 million customers to prosper and grow.

Supporting Australia means a lot of things to us here at Westpac. It means measuring our success on our customers’ success.  It means being a workplace where thousands of people are proud to work. And it means making a difference to the things that matter to all Australians, not just those who bank with us.  It’s this attitude that has stood the test of time, and has seen our history inextricably linked with Australia’s economic and social development.

At Westpac we'll keep doing our part to help you do yours.  It's why we're here.”

- Brian Hartzer, CEO Westpac Group

All figures for Financial Year 2017 unless otherwise stated.
Some of the information on this site is sourced from third parties.

A Strong Banking Sector

Australia's major banks support Australia’s economic development

Shareholder dividends
over
$23B

Over $23B in dividends will be paid by the major Australian banks to shareholders in 2017 - around one-quarter by Westpac.

Providing jobs
over
130,000

Over 130,000 people were employed by the major Australian banks in FY17 in Australia – around one quarter were Westpac employees.

Wages
around
$20B

Around $20B paid in staff expenses by the major Australian banks in FY17.

The Backbone of Business

Banking relationships
over
1M

Westpac has a banking relationship with more than 1 million business customers.

Business lending
over
$150B

We support businesses in Australia with over $150 billion in loans outstanding.

Businesses of Tomorrow
$10M

$10 million committed to back Westpac’s 200 Businesses of Tomorrow.

Innovation
$190K

Our annual Innovation Challenge has helped unearth entrepreneurs with $190,000 in grants awarded since 2014.

Agribusiness
1 in 4

Westpac has a banking relationship with around 1 in 4 Australian farmers.

Reinventure
$100M

$100 million committed to Reinventure to support innovation.

Home Ownership

1.6M

Around 1.6 million people have chosen Westpac Group to be their home loan provider.

146,000

In FY17, Westpac Group helped over 146,000 more Australians into their homes.

over
70%

Over 70% of our customers are ahead on their home loan repayments.

People of Westpac



around
$4.7B

We made payments of around $4.7B in employee remuneration and superannuation.



22.2%

22.2% of our workforce is over 50.



50%

50% of leadership roles are occupied by women.*



628

628 people identifying as Indigenous joined Westpac over the last three financial years.


100+years

100+ years of time...
contributed by employees participating in Jawun Indigenous Community Secondments.

*Women in Leadership refers to the proportion of women (permanent and maximum term) in leadership roles across the Group. It includes the CEO, Group Executives, General Managers, senior leaders with significant influence on business outcomes (direct reports to General Managers and their direct reports), large (3+) team people leaders three levels below General Manager, and Bank and Assistant Bank Managers.

Supporting Australia

25%

25% reduction in total Greenhouse Gas emissions since 2013.

Recognised as the world’s most sustainable bank in the DJSI for the fourth year in a row.

Our Community

close to
$475,000

Close to $475,000 in microfinance loans to support Indigenous Australian business owners with Many Rivers in 2017.

around
28,000

Around 28,000 financial assistance packages issued in FY17.

over
237,000

Over 237,000 people have completed Westpac Group financial literacy training in the last three financial years.

Offering Economic Stability

*Source: Federal Budget 2016-17.
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