Investor Presentaiton
Sectors in focus: Australian agriculture; mining including
oil & gas; retail trade.
Australian agriculture
Credit quality
Mining (incl. oil and gas)
Retail trade
Sep-21 Mar-22 Sep-22
Sep-21 Mar-22 Sep-22
Sep-21
Mar-22 Sep-22
TCE ($bn)
13.0
13.4
13.7
TCE ($bn)
8.4
8.4
7.9
TCE ($bn)
14.0
12.5
11.9
Lending ($bn)
10.5
10.6
10.7
Lending ($bn)
3.6
3.4
3.1
Lending ($bn)
8.6
8.3
8.6
As a % of Group TCE
1.15
1.16
1.16
As a % of Group TCE
0.75
0.72
0.66
As a % of Group TCE
1.24
1.08
1.00
% of portfolio graded as
stressed 1,2
3.30
1.96
2.73
% of portfolio graded as
stressed 1,2
1.73
0.60
0.62
% of portfolio graded as
stressed 1,2
3.68
3.69
3.79
% of portfolio in impaired²
0.41
0.40
0.24
% of portfolio in impaired²
0.17
0.14
0.11
% of portfolio impaired²
1.55
1.42
1.46
8
5
6
5
Australian agriculture portfolio
by sub-sector (TCE) (%)
52
0
Mining portfolio
by sub-sector (TCE) (%)
Retail trade exposure
by sub-sector (TCE) ($bn)
■Sep-21
■Mar-22
■Sep-22
■Grain
■Beef & Sheep
24
■Horticulture
12
33
33
■Dairy
Oil and gas
6.2 5.9 5.8
■Metal ore
Decrease mostly due to sale
of wholesale dealer book
■ Cotton
■Fishing & Aquaculture
13
21
■Services to Agriculture
Mining services
■Iron ore
Coal
4.2
3.6 3.7 3.4
2.9 2.7
■ Viticulture
18
■ Other
32
Other
■Forestry & Logging
■Poultry
Personal and
household
goods retailing
Motor vehicle
retailing and
services
Food retailing
1 Includes impaired exposures. 2 Percentage of portfolio TCE.
78
Westpac Group 2022 Full Year Results Presentation & Investor Discussion Pack
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