Company: WEBNF
Filing Date: 2025-11-04
Form Type: 20-F
Source: 0001104659-25-105894
Chunk: 42

Company: WESTPAC BANKING CORP
Filing Date: 2025-11-04
Form: 20-F
Item: Item 14
Chunk 42
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       2,048   ​        1,524   ​   4,398
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WESTPAC GROUP 2025 ANNUAL REPORT
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NOTES TO THE FINANCIAL STATEMENTS

Note 10.Provision for expected credit losses (Continued)
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                  ​                      ​      ​       ​       ​      ​       ​        ​     ​     ​      ​       ​       ​      ​       ​        ​     ​  
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​                                                                                    Consolidated   ​                                          Parent Entity
​                                        ​         ​               ​             Non-           ​             ​               ​             Non-           ​
​                                                         Performing   ​   Performing           ​   ​                Performing   ​   Performing           ​
$m                                       ​   Stage 1     ​   Stage 2   ​      Stage 3   ​   Total       Stage 1         Stage 2          Stage 3   ​   Total
Housing                                  ​         ​     ​         ​   ​            ​   ​       ​   ​         ​   ​           ​   ​            ​   ​       ​
Balance as at 30 September 2023          158             ​     1,052   ​          513   ​   1,723   ​       121   ​         920   ​          446   ​   1,487
Transfers to Stage 1                     351             ​     (345)   ​          (6)   ​       -   ​       311   ​       (307)   ​          (4)   ​       -
Transfers to Stage 2                            (41)     ​       310   ​        (269)   ​       -   ​      (36)   ​         276   ​        (240)   ​       -
Transfers to Stage 3                     ​         -     ​     (196)   ​          196   ​       -   ​         -   ​       (183)   ​          183   ​       -
Business activity during the year        ​        59     ​     (131)   ​        (158)   ​   (230)   ​        55   ​       (123)   ​        (143)   ​   (211)
Net remeasurement of provision for ECL         (357)     ​       209   ​          396   ​     248   ​     (309)