Company: WEBNF
Filing Date: 2025-11-04
Form Type: 20-F
Source: 0001104659-25-105894
Chunk: 145

Company: WESTPAC BANKING CORP
Filing Date: 2025-11-04
Form: 20-F
Item: Item 14
Chunk 145
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/from subsidiaries include a wide range of banking and other financial facilities.
The terms and conditions of related party transactions between the Parent Entity and subsidiaries are sometimes different to commercial terms and conditions. Related party transactions between the Parent Entity and subsidiaries eliminate on consolidation.
Associates - Note 29Westpac provides a wide range of banking and other financial facilities and funds management activities to its associates on commercial terms and conditions.
Superannuation plansWestpac contributed $583 million (2024: $535 million) to defined contribution plans and $29 million (2024: $30 million) to defined benefit plans. Refer to Note 32.
Remuneration of KMP Total remuneration of the KMP was:
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      ​         ​         ​         ​       ​        ​         ​         ​        ​        ​         ​          ​       ​     
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​               ​   ​                   Post             ​                   ​                 ​                              
​               ​   Short-          ​   employment   ​   Other long-     ​   Termination   ​   Share-           ​            ​
$                   term benefits   ​   benefits     ​   term benefits   ​   benefits      ​   based payments   ​        Total
Consolidated    ​                                                                                                             
2025            ​   22,058,824      ​   731,736      ​   362,316         ​   4,518,632     ​   23,176,814       ​   50,848,322
2024            ​   22,085,122      ​   613,423      ​   175,780         ​   -             ​   15,481,114       ​   38,355,439
Parent Entity   ​                                                                                                             
2025            ​   20,825,040      ​   603,850      ​   362,316         ​   4,518,632     ​   22,059,466       ​   48,369,304
2024            ​   20,907,779      ​   493,529      ​   175,780         ​   -             ​   14,569,565       ​   36,146,653
​
​

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FINANCIAL   EXHIBITS INDEX   STRATEGIC   PERFORMANCE   EXHIBIT 15.4   ADDITIONAL 
REPORT                       REVIEW      REVIEW                       INFORMATION
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Note 34.Rel