Exhibit 3
| ASX Release 19 August 2024 WESTPAC 3Q24 INVESTOR DISCUSSION PACK Following are Westpac’s 3Q24 slides covering financial performance, capital, credit quality and funding for the three months ended 30 June 2024. For further information: Hayden Cooper Justin McCarthy Group Head of Media Relations General Manager, Investor Relations 0402 393 619 0422 800 321 This document has been authorised for release by Tim Hartin, Company Secretary. Level 18, 275 Kent Street Sydney, NSW, 2000 |
| 3Q24 INVESTOR DISCUSSION PACK FOR THE 3 MONTHS ENDED 30 JUNE 2024 © Westpac Banking Corporation ABN 33 007 457 141 This document should be read in conjunction with Westpac’s June 2024 Pillar 3 Report. All amounts are in Australian dollars. |
| 3Q24 SUMMARY1 2 Westpac Group 3Q24 Investor Discussion Pack SUMMARY 1 30 June 2024 compared to 31 March 2024 unless otherwise stated. 2 3Q24 annualised. 3 Based on Monthly ADI statistics published by APRA for the 3 months ending 30 June 2024. 4 Target operating range is 11.0-11.5%. 5 Quarterly average liquidity coverage ratio. FUNDING AND LIQUIDITY REMAIN WELL POSITIONED • LCR 130%5 • NSFR 113% • Deposit to loan ratio 83.3%, up 40bps CAPITAL ABOVE OPERATING RANGE • CET1 capital ratio of 12.0%, above target operating range4 • RWA up $7.3bn or 1.6% mainly due to loan growth and higher IRRBB WELL PROVISIONED • Total provisions $5.1bn, flat • CAP to credit RWA 134bps, down 4bps • Stressed assets to TCE 1.42%, up 6bps • Mortgage 90+ day delinquencies: • Australia 1.12%, up 6bps • New Zealand 0.47%, flat STRONG FINANCIAL PERFORMANCE • Net profit $1.8bn, up 6%, excluding Notable Items up 2%: − revenue flat − expenses up 2% • NIM up 3bps to 1.92%, Core NIM up 2bps to 1.82% • Australian household deposit growth of 3%2 and housing loan growth of 8%2, which outperformed system3 • Expenses increased 2% reflecting higher investment and technology spend • Impairment charges to average loans of 4bps, down from 9bps |
| NET INTEREST MARGIN $b 3Q24 % movement 3Q24 - 1H24 qtr average Net interest income 4.7 - Non-interest income 0.7 (4) Net operating income 5.4 - Expenses (2.7) 2 Pre-provision profit 2.7 (2) Impairment charges (0.1) (58) Tax and non-controlling interests (NCI) (0.8) 2 Net profit 1.8 2 LOANS AND DEPOSITS ($BN) NET PROFIT EXCLUDING NOTABLE ITEMS Westpac Group 3Q24 Investor Discussion Pack FINANCIAL PERFORMANCE Composition of NIM (%) 1Q24 2Q24 3Q24 Core NIM 1.80 1.79 1.82 Treasury & Markets 0.13 0.15 0.12 Core NIM, Treasury & Markets 1.93 1.94 1.94 Notable Items: Hedging (0.15) 0.06 (0.02) NIM 1.78 2.00 1.92 756 785 800 Jun-23 Mar-24 Jun-24 Up 6% 636 651 666 Jun-23 Mar-24 Jun-24 FINANCIAL PERFORMANCE Up 5% Loans Deposits 3 |
| 12.55 39 11.96 11.91 (58) (21) (11) (5) (3) (5) Mar-24 3Q24 Net profit 1H24 dividend RWA Special dividend Share buyback Other Jun-24 Jun-24 Pro forma Key capital ratios (%) Sep-23 Mar-24 Jun-24 Level 2 CET1 capital ratio 12.4 12.5 12.0 Additional Tier 1 capital ratio 2.2 2.5 2.4 Tier 1 capital ratio 14.6 15.0 14.4 Tier 2 capital ratio 5.9 6.4 6.5 Total regulatory capital ratio 20.5 21.4 20.9 Risk weighted assets (RWA) ($bn) 451 444 452 Leverage ratio 5.5 5.5 5.4 Level 1 CET1 capital ratio 12.6 12.8 12.1 Internationally comparable ratios5 Leverage ratio (internationally comparable) 6.0 6.0 5.8 CET1 capital ratio (internationally comparable) 18.7 18.6 17.8 LEVEL 2 CET1 CAPITAL RATIO MOVEMENTS (%, BPS) CET1 CAPITAL RATIO 12.0% CAPITAL 1 Capital deductions and other items including FX translation impacts. 2 Remaining $1.4 billion of announced on market share buybacks in Nov-23 and May-24. 3 Reduction in operational risk capital overlay from $1 billion to $500 million effective Jul-24. 4 APRA approved IRRBB model effective Aug-24. 5 Internationally comparable methodology references the Australian Banking Association (ABA) study on the comparability of APRA’s capital framework and finalised reform released on 10 March 2023. 1 Remaining share buyback: (33bps)2 Op risk overlay removal: 17bps3 IRRBB model approval: 11bps4 Lending : (10bps) Credit quality : (5bps) IRRBB: (8bps) 4 Westpac Group 3Q24 Investor Discussion Pack |
| (0.3) 444.4 3.8 2.9 0.6 0.3 451.7 Mar-24 Credit risk IRRBB Market risk Operational risk Other Jun-24 RWA1 ($BN) CREDIT RWA1 ($BN) IRRBB RWA1 ($BN) 16 8 9 20 21 22 5 5 5 40 34 36 4.26 3.79 4.21 -4 -3 -2 -1 0 1 2 3 4 -10 0 10 20 30 40 50 60 Sep-23 Mar-24 Jun-24 RISK WEIGHTED ASSET MOVEMENTS CAPITAL 1 Chart may not add due to rounding. 2 Counter-party credit and mark to market risk. 339.7 3.5 1.9 (0.7) (0.5) (0.4) 343.6 Mar-24 Lending Credit quality Data refinement CPC & MTM risk FX translation Jun-24 Up $3.8bn or 1.1% Up $7.3bn or 1.6% 2 5 Westpac Group 3Q24 Investor Discussion Pack Driven by residential mortgage arrears Optionality and basis risk Embedded loss/(gain) Repricing and yield curve risk 3y Swap rate (in %) |
| 407 351 442 461 526 1,035 1,061 1,109 1,231 1,278 2,200 2,405 2,410 2,478 2,399 809 692 708 705 712 647 432 403 260 213 5,098 4,941 5,072 5,135 5,128 Jun-23 Sep-23 Dec-23 Mar-24 Jun-24 Overlay Stage 1 CAP Stage 2 CAP Stage 3 CAP Stage 3 IAP Increased mortgage 90+ day delinquencies Forecasts for base case ECL2 Base case Downside 2024 2025 Trough / peak3 GDP growth 1.6% 2.3% (6%) Unemployment 4.3% 4.6% 11% Residential property prices 4.2% 4.0% (27%) Commercial property prices (9.3%) 1.4% (32%) TOTAL PROVISIONS FOR EXPECTED CREDIT LOSSES KEY RATIOS 1 ($M) PROVISIONS FOR EXPECTED CREDIT LOSS CREDIT QUALITY 1 Includes provisions for debt securities. 2 Forecast date is 17 June 2024. 3 These key economic indicators represent trough or peak values that characterise the scenarios considered in setting downside severity. Residential and commercial forecasts represent cumulative reduction over a two-year period. Includes a reduction in overlay for mortgage delinquencies reflected in higher stage 3 modelled provisions Increase driven by 4 single name exposures Reduction reflects changes to economic forecasts and the transition to stage 3 CAP Sep-23 Mar-24 Jun-24 Provisions to gross loans (bps) 63 65 64 Impaired asset provisions to impaired assets (%) 43 47 43 Collectively assessed provisions to credit RWA (bps) 135 138 134 6 Westpac Group 3Q24 Investor Discussion Pack FORECASTS USED IN ECONOMIC SCENARIOS |
| 0.12 0.11 0.11 0.12 0.15 0.35 0.39 0.42 0.46 0.49 0.23 0.22 0.22 0.24 0.23 0.46 0.54 0.47 0.54 0.55 1.16 1.26 1.22 1.36 1.42 Jun-23 Sep-23 Dec-23 Mar-24 Jun-24 Impaired Non-performing, 90+ days Non-performing, <90 days Watchlist & substandard AUSTRALIAN MORTGAGE DELINQUENCIES (%) AUSTRALIAN CONSUMER FINANCE 90+ DELINQUENCIES (%) STRESSED EXPOSURES AS A % OF TCE CREDIT QUALITY METRICS CREDIT QUALITY 1 Portfolio has been in run off since March 2022. 0.78 2.64 4.10 0.0 1.0 2.0 3.0 4.0 5.0 6.0 Jun-22 Dec-22 Jun-23 Dec-23 Jun-24 Credit cards Personal loans Auto finance (consumer - in run off) 0.76 1.12 1.90 0.0 1.0 2.0 3.0 4.0 Jun-22 Dec-22 Jun-23 Dec-23 Jun-24 90+ dpd excl. 6 months serviceability hold-out period 90+ day delinquencies 30+ day delinquencies 1 7 Westpac Group 3Q24 Investor Discussion Pack |
| 0.0 1.0 2.0 3.0 4.0 5.0 6.0 7.0 8.0 Property Wholesale & retail trade Manufacturing Agriculture, forestry & fishing Services Property & business services Utilities Transport & storage Construction Accommodation cafes & restaurants Mining Sep-23 Mar-24 Jun-24 CORPORATE AND BUSINESS STRESSED EXPOSURES BY INDUSTRY SECTOR (%) EXPOSURE AND CREDIT QUALITY BY SECTOR Sector Finance & Insurance1 Property2 Wholesale & retail trade Manufacturing Agriculture, forestry & fishing Services3 Property & business services Utilities Transport & storage Construction4 Accomm, cafes & restaurants Mining TCE ($bn) Jun-24 168.6 84.2 31.1 26.1 25.1 24.7 24.6 21.4 19.8 13.8 11.3 7.9 Mar-24 195.4 82.2 31.1 25.4 24.3 24.6 24.0 20.6 20.5 13.1 11.5 7.6 Stressed (%)5,6 Jun-24 0.1 2.5 5.6 3.3 5.5 3.2 3.1 0.4 1.1 5.3 3.9 4.7 Mar-24 0.1 2.6 5.2 3.1 5.2 3.0 2.8 0.5 1.1 5.7 3.7 5.2 Impaired (%)6 Jun-24 0.0 0.1 0.8 0.9 0.5 0.4 0.5 0.0 0.4 0.7 0.3 0.1 Mar-24 0.0 0.1 0.7 0.6 0.3 0.4 0.5 0.0 0.1 0.6 0.3 0.1 CREDIT QUALITY ACROSS SECTORS CREDIT QUALITY 1 Finance and insurance includes banks, non-banks, insurance companies and other firms providing services to the finance and insurance sectors. Includes assets held for liquidity portfolio. 2 Property includes both residential and non-residential property investors and developers and excludes real estate agents. 3 Services includes education, health & community services, cultural & recreational and personal & other services. 4 Construction includes building and non-building construction, and industries serving the construction sector. 5 Includes impaired exposures. 6 Percentage of portfolio TCE. 8 Westpac Group 3Q24 Investor Discussion Pack Downgrade of a small number of customers |
| Australian mortgage portfolio Sep-23 balance Mar-24 balance Jun-24 balance Total portfolio ($bn) 485.6 495.2 504.2 Owner occupied (OO) (%) 67.1 67.8 67.7 Investment property loans (IPL) (%) 31.6 31.0 31.2 Portfolio loan/line of credit (LOC) (%) 1.3 1.2 1.1 Variable rate / Fixed rate (%) 76/24 85/15 89/11 Interest only (I/O) (%) 12.8 12.3 12.0 Proprietary channel (%) 50.8 49.7 48.7 First home buyer (%) 10.8 11.3 11.5 Mortgage insured (%) 13.1 12.6 12.0 Sep-23 Mar-24 Jun-24 Average loan size1 ($’000) 301 309 316 Customers ahead on repayments including offset account balances (%) By accounts 79 80 81 By balances 75 77 78 Mortgage losses net of insurance2 ($m) 21 20 14 Annual mortgage loss rate3 (bps) 0.7 0.8 0.9 Hardship4 balances (% of portfolio) 0.71 1.05 1.18 FIXED RATE MORTGAGE EXPIRY SCHEDULE ($BN, FOR THE 6MTHS TO) LOAN-TO-VALUE RATIOS (LVRS) (%) AUSTRALIAN MORTGAGE PORTFOLIO COMPOSITION MORTGAGE CREDIT QUALITY 1 Average loan size includes amortisation. Calculated at account level, where split loans represent more than one account. 2 Mortgage losses for Sep-23 and March-24 are for the 6 months ending. Mortgages losses for June are for the 3 months ending. 3 Mortgage loss rates for September are actual losses for the 12 months ending. Mortgage loss rates for March are annualised, based on losses for the 6 months ending. Mortgage loss rates for June are annualised, based on losses for the 9 months ending. 4 Financial hardship assistance is available to customers experiencing temporary financial difficulty, including changes in income due to illness, a relationship breakdown or natural disasters. Hardship assistance often takes the form of a reduction or deferral of repayments for a short period. 5 Dynamic LVR is the loan-to-value ratio taking into account the current loan balance, changes in security value, offset account balances and other loan adjustments. Property valuation source CoreLogic. 18 19 12 20 19 51 37 30 21 14 10 Mar-22 Sep-22 Mar-23 Sep-23 Mar-24 Sep-24 Mar-25 Sep-25 >Sep-25 Expired Yet to expire 22 17 41 12 6 1 65 15 12 6 1 0.4 0.6 0 20 40 60 80 100 0<=60 60<=70 70<=80 80<=90 90<=95 95<=100 >100 Portfolio LVR at origination Portfolio dynamic LVR5 9 Westpac Group 3Q24 Investor Discussion Pack |
| 10 CUSTOMERS AHEAD ON REPAYMENTS1 (% BY BALANCES) OFFSET ACCOUNT BALANCES2 ($BN) BUFFER TO BALANCE RATIO3 (%) 2 24 20 19 14 22 2 21 19 20 15 23 2 20 19 21 16 23 Behind On time < 1mth < 6mths >2yrs Sep-23 Mar-24 Jun-24 Westpac Group 3Q24 Investor Discussion Pack AUSTRALIAN MORTGAGE PORTFOLIO REPAYMENT BUFFERS MORTGAGE CREDIT QUALITY 1 Customer loans ahead on payments exclude equity/line of credit products as there are no scheduled principal payments. Includes mortgage offset accounts. ‘Behind’ is more than 30 days past due. ‘On time’ includes up to 30 days past due. 2 Includes RAMS from Sep-20 onwards. 3 Excludes Line of Credit. 14 5 4 16 39 Jun-24 Investment property loans – generally maintain higher balances for tax purposes Accounts opened in the last 12 months Structural restrictions on repayments e.g. fixed rate Residual – <1 month repayment buffer Chart does not add due to rounding >6mths to <2yrs Loans ‘on time’ and <1mth ahead 19.0 19.4 19.4 19.4 18.9 Sep-21 Sep-22 Sep-23 Mar-24 Jun-24 Buffer = Current Limit - Outstanding Balance + Offset Balance 41 46 51 53 57 60 60 Sep-19 Sep-20 Sep-21 Sep-22 Sep-23 Mar-24 Jun-24 |
| MORTGAGE DELINQUENCIES (%) MORTGAGE PORTFOLIO LVR1,2 (% OF PORTFOLIO) BUSINESS STRESSED EXPOSURES TO BUSINESS TCE1 (%) UNSECURED CONSUMER DELINQUENCIES (%) NEW ZEALAND CREDIT QUALITY NEW ZEALAND CREDIT QUALITY 1 Chart may not add due to rounding. 2 LVR based on current exposure and property valuation at the latest credit event. 0.47 0.96 0.0 0.5 1.0 1.5 2.0 Jun-22 Dec-22 Jun-23 Dec-23 Jun-24 90+ day delinquencies 30+ day delinquencies 52% 20% 20% 6% 3% 0<=60 60<=70 70<=80 80<=90 90+ 0.1 0.1 0.1 0.2 0.2 0.4 0.3 0.3 0.3 0.5 2.0 2.1 2.2 2.1 2.2 2.4 2.5 2.5 2.5 2.9 Jun-23 Sep-23 Dec-23 Mar-24 Jun-24 Impaired Non-performing, not impaired Watchlist & substandard 0.90 2.03 0.0 1.5 3.0 4.5 6.0 Jun-22 Dec-22 Jun-23 Dec-23 Jun-24 90+ day delinquencies 30+day delinquencies 92% of mortgage portfolio has an LVR less than 80% 11 Westpac Group 3Q24 Investor Discussion Pack Increase driven by agriculture |
| TERM DEBT ISSUANCE AND MATURITY PROFILE1,2 ($BN) FUNDING AND LIQUIDITY FUNDING AND LIQUIDITY 1 Based on residual maturity and FX spot currency translation. Includes all debt issuance with contractual maturity greater than 13 months excluding US Commercial Paper and Yankee Certificates of Deposit. Contractual maturity date for Additional Tier 1 and callable Tier 2 instruments is the first scheduled conversion date or call date for the purposes of this disclosure. Any early redemption would be subject to prior written approval from APRA, which may or may not be provided. Maturities exclude securitisation amortisation. 2 Year to date is 1 October 2023 to 12 July 2024. 3 Chart may not add due to rounding. 18 12 34 31 35 43 35 36 7 33 34 27 29 21 28 FY19 FY20 FY21 FY22 FY23 FY24 FY24 FY25 FY26 FY27 FY28 FY29 >FY29 Funding for Lending Programme (NZ) Term Funding Facility (Aus) Tier 2 capital Additional Tier 1 capital Covered bond Senior/Securitisation Issuance Maturities 59 14 5 15 7 Senior Bonds Covered Bonds Additional Tier 1 Capital Tier 2 Capital Securitisation 138 134 132 130 Jun-23 Sep-23 Mar-24 Jun-24 KEY FUNDING AND LIQUIDITY MEASURES Liquidity coverage ratio (LCR) (%) Quarterly average 118 115 114 113 Jun-23 Sep-23 Mar-24 Jun-24 Net stable funding ratio (NSFR) (%) 84.1 82.9 82.9 83.3 Jun-23 Sep-23 Mar-24 Jun-24 Customer deposits to net loans ratio (D2L) (%) • Quarterly LCR movement reflects the impact of Term Funding Facility maturities, with lower average net cash outflows more than offset by a reduction in high-quality liquid assets • Lower NSFR reflects growth in lending and increases in required stable funding for mortgages previously used as collateral for Term Funding Facility draw-downs • Increase in D2L ratio due to rate of growth in deposits slightly ahead of loan growth TERM DEBT ISSUANCE BY PROGRAM YEAR TO DATE2,3 (%) $36bn YTD YTD remaining 12 Westpac Group 3Q24 Investor Discussion Pack |
| Table may not add due to rounding APPENDIX 1: FINANCIAL SUMMARY APPENDIX Excluding Notable Items $b 3Q24 % movement 3Q24 - 1H24 qtr average 3Q24 % movement 3Q24 - 1H24 qtr average Net interest income 4.7 2 4.7 - Non-interest income 0.7 (4) 0.7 (4) Net operating income 5.4 1 5.4 - Operating expenses (2.7) 2 (2.7) 2 Pre-provision profit 2.6 1 2.7 (2) Impairment charges (0.1) (58) (0.1) (58) Tax and non-controlling interests (NCI) (0.8) 4 (0.8) 2 Net profit after tax 1.8 6 1.8 2 Return on equity (ROE) 10.0% 69bps 10.1% 36bps Return on tangible equity (ROTE) 11.3% 79bps 11.4% 42bps 13 Westpac Group 3Q24 Investor Discussion Pack |
| Table may not add due to rounding APPENDIX 2: NET PROFIT APPENDIX Excluding Notable Items $b 1Q24 2Q24 1H24 qtr average 3Q24 1Q24 2Q24 1H24 qtr average 3Q24 Net interest income 4.3 4.8 4.6 4.7 4.7 4.7 4.7 4.7 Non-interest income 0.7 0.7 0.7 0.7 0.8 0.7 0.7 0.7 Net operating income 5.0 5.5 5.3 5.4 5.4 5.4 5.4 5.4 Operating expenses (2.7) (2.7) (2.7) (2.7) (2.7) (2.7) (2.7) (2.7) Pre-provision profit 2.4 2.8 2.6 2.6 2.7 2.7 2.7 2.7 Impairment charges (0.2) (0.2) (0.2) (0.1) (0.2) (0.2) (0.2) (0.1) Tax and NCI (0.7) (0.8) (0.7) (0.8) (0.8) (0.8) (0.8) (0.8) Net profit after tax 1.5 1.8 1.7 1.8 1.8 1.7 1.8 1.8 ROE 8.3% 10.3% 9.3% 10.0% 9.8% 9.7% 9.8% 10.1% ROTE 9.4% 11.6% 10.5% 11.3% 11.0% 11.0% 11.0% 11.4% 14 Westpac Group 3Q24 Investor Discussion Pack |
| INVESTOR RELATIONS TEAM – CONTACT US CONTACT US INVESTOR RELATIONS CONTACT SHARE REGISTRY CONTACT For all shareholding enquiries relating to: • Address details and communication preferences • Updating bank account details, and participation in the dividend reinvestment plan For all matters relating to Westpac’s strategy, performance and results 1800 804 255 westpac@linkmarketservices.com.au investorcentre.linkmarketservices.com.au +61 2 9178 2977 investorrelations@westpac.com.au westpac.com.au/investorcentre 15 Westpac Group 3Q24 Investor Discussion Pack Lucy Graham Head of Corporate Reporting and ESG Catherine Garcia Head of Investor Relations, Institutional Arthur Petratos Manager, Shareholder Services Ethan Harry Graduate, Investor Relations Jacqueline Boddy Head of Debt Investor Relations Justin McCarthy General Manager, Investor Relations James Wibberley Manager, Investor Relations Nathan Fontyne Senior Analyst, Investor Relations |
| DISCLAIMER The material contained in this presentation is intended to be general background information on Westpac Banking Corporation (Westpac) and its activities. The information is supplied in summary form and is therefore not necessarily complete. It is not intended that it be relied upon as advice to investors or potential investors, who should consider seeking independent professional advice depending upon their specific investment objectives, financial situation or particular needs. The material contained in this presentation may include information derived from publicly available sources that have not been independently verified. No representation or warranty is made as to the accuracy, completeness or reliability of the information. All amounts are in Australian dollars unless otherwise indicated. This presentation contains statements that constitute “forward-looking statements” within the meaning of Section 21E of the US Securities Exchange Act of 1934. Forward-looking statements are statements that are not historical facts. Forward-looking statements appear in a number of places in this presentation and include statements regarding our intent, belief or current expectations with respect to our business and operations, macro and micro economic and market conditions, results of operations and financial condition, capital adequacy and risk management, including, without limitation, future loan loss provisions and financial support to certain borrowers, forecasted economic indicators and performance metric outcomes, indicative drivers, climate- and other sustainability-related statements, commitments, targets, projections and metrics, and other estimated and proxy data. We use words such as ‘will’, ‘may’, ‘expect’, ‘intend’, ‘seek’, ‘would’, ‘should’, ‘could’, ‘continue’, ‘plan’, ‘estimate’, ‘anticipate’, ‘believe’, ‘probability’, ‘indicative’, ‘risk’, ‘aim’, ‘outlook’, ‘forecast’, ‘f’cast’, ‘f’, ‘assumption’, ‘projection’, ‘target’, ‘goal’, ‘guidance’, ‘ambition’, or other similar words to identify forward-looking statements, or otherwise identify forward-looking statements. These forward-looking statements reflect our current views on future events and are subject to change, certain known and unknown risks, uncertainties and assumptions and other factors which are, in many instances, beyond our control (and the control of our officers, employees, agents and advisors), and have been made based on management’s expectations or beliefs concerning future developments and their potential effect upon us. Forward-looking statements may also be made, verbally or in writing, by members of Westpac’s management or Board in connection with this presentation. Such statements are subject to the same limitations, uncertainties, assumptions and disclaimers set out in this presentation. There can be no assurance that future developments or performance will align with our expectations or that the effect of future developments on us will be those anticipated. Actual results could differ materially from those we expect or which are expressed or implied in forward-looking statements, depending on various factors including, but not limited to, those described in the section titled ‘Risk factors' in our 2024 Interim Financial Results (Risk Factors) available at www.westpac.com.au. When relying on forward-looking statements to make decisions with respect to us, investors and others should carefully consider such factors and other uncertainties and events. Except as required by law, we assume no obligation to revise or update any forward-looking statements contained in this presentation, whether from new information, future events, conditions or otherwise, after the date of this presentation. We also make statements about our processes and policies (including what they are designed to do) as well as the availability of our systems or product features. Systems, processes and product features can be subject to disruption, and may not always work as intended, so these statements are limited by the factors described in our Risk Factors. DISCLAIMER 16 Westpac Group 3Q24 Investor Discussion Pack |
