Company: WEBNF
Filing Date: 2025-11-04
Form Type: 20-F
Source: 0001104659-25-105894
Chunk: 150

Company: WESTPAC BANKING CORP
Filing Date: 2025-11-04
Form: 20-F
Item: Item 14
Chunk 150
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pac Securities NZ Limited                       Body Corporate              100       New Zealand                    Foreign - New Zealand
Westpac Securitisation Holdings Pty Limited         Body Corporate              100       Australia                      Australia            
Westpac Securitisation Management NZ Limited        Body Corporate              100       New Zealand                    Foreign - New Zealand
Westpac Securitisation Management Pty Limited       Body Corporate              100       Australia                      Australia            
Westpac Term PIE Fundb                              Trust                       N/A       New Zealand                    Foreign - New Zealand
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a.   Refer to Note 29 for further details.
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b.   The Group has funding agreements in place with these entities and is deemed to have exposure to the associated risks and rewards. These entities are consolidated where the Group is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power over the entity.
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c.   The Group indirectly owns 19% of these entities, however, due to contractual and structural arrangements these entities are considered to be controlled entities within the Group.
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WESTPAC GROUP 2025 ANNUAL REPORT
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STATUTORY STATEMENTS
Directors’ declaration 
In the Directors’ opinion:

(a)   the financial statements and notes set out in ‘Financial report’ for the year ended 30 September 2025 are in accordance with the Corporations Act 2001, including:
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(i)   complying with Australian Accounting Standards, the Corporations Regulations 2001 (Cth) and other mandatory professional reporting requirements; and
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(ii)   giving a true and fair view of Westpac Banking Corporation and the Group’s financial position as at 30 September 2025 and of their performance for the financial year ended on that date.
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(b)   The Consolidated Entity Disclosure Statement included in ‘Financial report’ as at 30 September 2025 has been prepared in accordance with the Corporation Act 2001 and is true and correct.
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(c)   there are reasonable grounds to believe that Westpac will be able to pay its debts as and when they become due and payable.
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Note 1(a) includes a statement that the financial report also complies with International Financial Reporting Accounting Standards as issued by the International Accounting Standards Board.
The Directors have been given the declaration by the Chief Executive Officer and