On the Record · Westpac Banking
Westpac Banking acquisitions, on the record
The businesses Westpac Banking bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
MoneyBrilliant Pty LtdWord for word“During 2022, Westpac acquired MoneyBrilliant Pty Ltd ( 100 % interest) on 13 December 2021.” 20-F for 2023 | acquisition | 13 December 2021 | — |
Advance Asset Management LimitedWord for word“Westpac sold its interest in Advance Asset Management Limited on 31 March 2023.” 20-F for 2023 | divestiture | 31 March 2023 | — |
BT personal and corporate superannuation funds merged with Mercer Super TrustWord for word“The merger of BT’s personal and corporate superannuation funds with Mercer Super Trust through a SFT and the sale of its Advance Asset Management Limited business to Mercer Australia were completed earlier in the year.” 20-F for 2023 | agreed divestiture | — | — |
HealthPoint Claims Pty LtdWord for word“On 6 April 2024, Westpac acquired the HealthPoint business through its wholly owned subsidiary Westpac Investment Vehicle Pty Limited (WIV) for a total consideration of $ 30 million.” 20-F for 2024 | acquisition | 6 April 2024 | 30 million |
auto-finance businessWord for word“Westpac no longer pays flex commissions following an industry wide ban and will finalise the divestment of its auto-finance business in 2025; and” 20-F for 2024 | agreed divestiture | 2025 | — |
auto finance loan portfolio (sold to Resimac Asset Finance Pty Limited)Word for word“The sale of the auto finance loan portfolio to Resimac Asset Finance Pty Limited was completed on 1 March 2025.” 20-F for 2025 | divestiture | 1 March 2025 | — |
Read from Westpac Banking’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2025-11-04. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.