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Income statements - AUD ($)
$ in Millions
12 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2019
Interest income:      
Calculated using the effective interest rate method $ 22,132 $ 26,596 $ 32,518
Other 146 451 704
Total interest income 22,278 27,047 33,222
Interest expense (5,420) (10,351) (16,315)
Net interest income 16,858 16,696 16,907
Net fee income 1,482 1,592 1,655
Net wealth management and insurance income 1,211 751 1,029
Trading income 719 895 929
Other income 952 249 129
Net operating income before operating expenses and impairment (charges)/benefits 21,222 20,183 20,649
Operating expenses (13,311) (12,739) (10,106)
Impairment (charges)/benefits 590 (3,178) (794)
Profit before income tax (expense)/benefit 8,501 4,266 9,749
Income tax expense (3,038) (1,974) (2,959)
Net profit 5,463 2,292 6,790
Net profit attributable to non-controlling interests (NCI) (5) (2) (6)
Net profit attributable to owners of Westpac Banking Corporation (WBC) $ 5,458 $ 2,290 $ 6,784
Earnings per share (cents)      
Basic $ 1.494 $ 0.637 $ 1.965
Diluted $ 1.378 $ 0.637 $ 1.895
Parent Entity      
Interest income:      
Calculated using the effective interest rate method $ 21,648 $ 26,025  
Other 258 598  
Total interest income 21,906 26,623  
Interest expense (7,870) (12,539)  
Net interest income 14,036 14,084  
Net fee income 1,224 1,359  
Trading income 661 876  
Other income 2,308 1,597  
Net operating income before operating expenses and impairment (charges)/benefits 18,229 17,916  
Operating expenses (11,915) (10,772)  
Impairment (charges)/benefits 447 (2,691)  
Profit before income tax (expense)/benefit 6,761 4,453  
Income tax expense (2,148) (1,795)  
Net profit 4,613 2,658  
Net profit attributable to owners of Westpac Banking Corporation (WBC) $ 4,613 $ 2,658