Westpac Banking Corporation has furnished a Form 6-K as a foreign private issuer, indicating it files annual reports under Form 20-F. The filing primarily transmits an accompanying ASX release titled “Westpac 2025 Full Year Financial Results Announcement.”
The document itself does not include the detailed financial figures, which are contained in the ASX release listed as Exhibit 1.
Westpac Banking Corporation reported that Australia’s prudential regulator, APRA, has lifted its enforceable undertaking and removed Westpac’s operational risk capital overlay.
The removal of the $500 million overlay will increase Westpac’s Common Equity Tier 1 (CET1) capital ratio by approximately 17 basis points, driven by a reduction in risk‑weighted assets of $6,250 million. The change applies with immediate effect.
Westpac notes the improvement reflects progress in risk management. The company also states that the information in this report, including Exhibit 1, is incorporated by reference into its Form F-3 prospectuses, as they may be amended or supplemented.