Investor Presentaiton
NZ - reset in progress.
Performance
Lending up 5% over the year
•
Broad based growth
•
Margin flat on year, up 5bps over 2H22
•
Leading participant in sustainable transactions1
in NZ
Net loans (NZ$bn)
92.6
Up 2%
94.0
Up 3%
96.8
Sep-21
Mar-22
Sep-22
Simplification and digital
Completed sale of NZ life insurance
Core earnings excluding notable items (NZ$m)
•
Products for sale down 16%
Improved IT system stability
• Launched 'Verify Now' - secure digital
onboarding
Progressing s95 program
1 Sustainable finance transactions refers to green, social, sustainability, sustainability-linked and re-linked loans and bonds.
13
Westpac Group 2022 Full Year Results Presentation & Investor Discussion Pack
679
Up 2%
692
Up 6%
736
2H21
1H22
2H22
Westpac GROUPView entire presentation