Company: WEBNF
Filing Date: 2025-11-04
Form Type: 20-F
Source: 0001104659-25-105894
Chunk: 25

Company: WESTPAC BANKING CORP
Filing Date: 2025-11-04
Form: 20-F
Item: Item 14
Chunk 25
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                     1           12              7
Net gain/(loss) on financial instruments measured at fair value                    38         (24)           78           31           (32)
Net gain/(loss) on disposal of controlled entities and other businessesb            -            -          268            -              -
Other                                                                              26   27                   56           20             23
Total other                                                                 ​      79   ​       18    ​     404    ​   1,546      ​   1,851
Total non-interest income                                                   ​   3,004   ​    2,835    ​   3,328    ​   3,782      ​   3,982
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a.   Income from derivatives held for risk management purposes reflects the impact of economic hedges of earnings.
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b.   2023 included a $243 million gain on sale of Advance Asset Management Limited.
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Deferred income in relation to the credit card loyalty programs for Westpac was $329 million as at 30 September 2025 (2024: $338 million, 2023: $324 million) and $37 million for the Parent Entity (2024: $35 million). This will be recognised as fee income as the credit card reward points are redeemed.
There were no other material contract assets or contract liabilities for Westpac or the Parent Entity.
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FINANCIAL   EXHIBITS INDEX   STRATEGIC   PERFORMANCE   EXHIBIT 15.4   ADDITIONAL 
REPORT                       REVIEW      REVIEW                       INFORMATION
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Note 5.Operating expenses
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                                       ​                                          ​      ​      ​      ​      ​      ​      ​      ​       ​       ​  
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​                                                                                  ​                         Consolidated    ​           Parent Entity
$m                                                                                       2025          2024          2023          2025           2024
Staff                                                                                                                                 ​               
Employee remuneration, entitlements and on-costs                                        5,626         5,160         5,254         4,977          4,540
Superannuation                                                                            597           551           521           538            491
Share-based payments                                                                       95            97            90            91             94
Restructuring costs                                                                       267            91           233           234             75
Total staff                                                                             6,