What does Westpac Banking Corporation do for the Australian Government?
Westpac Banking Corporation is an Australian Government contractor with 57 contracts worth $74.3M since 2007. Their largest government client is Australian Office of Financial Management, and their average contract value is $1.3M.
Key Metrics
57Total Contracts
$74.3MTotal Value
19Agencies Served
$1.3MAvg Contract
20Years Active
How much does Westpac Banking Corporation win in government contracts each year?
View data table
| Year | Contracts | Value |
|---|---|---|
| 2007 | 1 | $2.2M |
| 2008 | 1 | $328K |
| 2009 | 2 | $1.4M |
| 2011 | 1 | $234K |
| 2012 | 1 | $115K |
| 2013 | 5 | $3.6M |
| 2014 | 4 | $6.5M |
| 2015 | 4 | $2.7M |
| 2016 | 5 | $7.2M |
| 2017 | 6 | $11.3M |
| 2018 | 3 | $2.8M |
| 2020 | 3 | $11.6M |
| 2021 | 4 | $5.5M |
| 2022 | 1 | $3.1M |
| 2023 | 3 | $2.7M |
| 2024 | 7 | $5.1M |
| 2025 | 5 | $4.7M |
| 2026 | 3 | $5.0M |
Who are Westpac Banking Corporation's biggest government clients?
| Agency | Contracts | Value | Share |
|---|---|---|---|
| Australian Office of Financial Management | 30 | $62.1M | 83.6% |
| Department of Home Affairs | 2 | $3.5M | 4.7% |
| Department of Veterans' Affairs | 3 | $3.1M | 4.2% |
| National Capital Authority | 2 | $1.4M | 1.9% |
| Comsuper | 1 | $1.3M | 1.8% |
| Customer Delivery & Transformation Division | 1 | $550K | 0.7% |
| Department of Employment and Workplace Relations | 1 | $505K | 0.7% |
| Australian Federal Police | 1 | $328K | 0.4% |
| Clean Energy Regulator | 1 | $303K | 0.4% |
| Australian Bureau of Statistics | 3 | $263K | 0.4% |
What categories does Westpac Banking Corporation supply to government?
| Category | Contracts | Value | Share |
|---|---|---|---|
| 8410-banking-and-investment | 30 | $62.1M | 83.6% |
| 8412-real-estate-services | 18 | $9.2M | 12.4% |
| 9315-public-administration-services | 2 | $1.6M | 2.2% |
| 8111-computer-programming-and-it-services | 4 | $768K | 1.0% |
| 9990-miscellaneous-and-unclassified | 1 | $550K | 0.7% |
| 9011-travel-and-lodging-code-9011 | 1 | $28K | 0.0% |
| 9410-work-related-organisations | 1 | $13K | 0.0% |
How does Westpac Banking Corporation win government contracts?
| Method | Contracts | Value | Share |
|---|---|---|---|
| limited | 48 | $68.3M | 82.8% |
| open | 7 | $6.7M | 12.1% |
| selective | 3 | $394K | 5.2% |
What are Westpac Banking Corporation's largest government contracts?
| Contract | Agency | Value | Awarded |
|---|---|---|---|
| Syndication fees for debt management | Australian Office of Financial Management | $4.6M | |
| Syndication Fees for Debt Management | Australian Office of Financial Management | $4.5M | |
| Syndication Fees for Debt Issuance | Australian Office of Financial Management | $3.8M | |
| Syndication fees for debt management | Australian Office of Financial Management | $3.7M | |
| Syndication panel fee on issuance of 21 October 2036 Treasury Bond | Australian Office of Financial Management | $3.5M |
What are Westpac Banking Corporation's most recent government contracts?
| Contract | Agency | Value | Date |
|---|---|---|---|
| Syndication panel fee for the issuance of a new Australian Government Security G | Australian Office of Financial Management | $1.6M | |
| Payday Super Gateway Implementation Services | Commonwealth Superannuation Corporation | $16K | |
| Syndicaton panel for the issue of a new Australian Government Security Treasury | Australian Office of Financial Management | $3.3M | |
| Banking Services Westpac 2025-2028 | Austrade | $75K | |
| Venue Hire | Department of Defence | $28K | |
| Training Exercise Support | Department of Defence | $13K | |
| Syndication panel fee on issuance of 21 October 2036 Treasury Bond | Australian Office of Financial Management | $3.5M | |
| Merchant Banking and Payment Service | Department of Veterans' Affairs | $1.1M | |
| Data Subscription | Australian Bureau of Statistics | $192K | |
| Syndication Issuance Fee TIB 1.25% 21 August 2040 | Australian Office of Financial Management | $235K |
Is Westpac Banking Corporation's government business growing or declining?
↑ 18.8%
Growing — contract value increased 19% year-over-year.
Based on comparison of last 12 months vs prior 12 months of awarded contract value.
Who competes with Westpac Banking Corporation for government contracts?
Other suppliers winning contracts from the same agencies in similar categories.
| Supplier | Contracts | Value |
|---|---|---|
| Commonwealth Bank Of Aust - Admin | 21 | $342.0M |
| DATACOM CONNECT PTY LTD | 4 | $325.5M |
| UBS AG Aust Branch - Admin | 35 | $78.9M |
| AMERICAN EXPRESS (MERCHANT FEES | 2 | $62.8M |
| Deutsche Bank AG - Admin | 23 | $53.8M |
| Australia and New Zealand Banking Group Limited | 14 | $43.0M |
| Citigroup Global Markets Australia | 15 | $37.8M |
| PAYPAL AUSTRALIA PTY LIMITED | 1 | $29.4M |
| J.P. Morgan Securities Australia Limited | 8 | $23.8M |
| National Australia Bank Limited | 8 | $17.4M |
What size contracts does Westpac Banking Corporation typically win?
| Size Range | Contracts | Total Value |
|---|---|---|
| $10K-$50K | 8 | $211K |
| $50K-$100K | 4 | $298K |
| $100K-$500K | 11 | $2.9M |
| $500K-$1M | 5 | $3.3M |
| $1M-$5M | 31 | $69.2M |
What is Westpac Banking Corporation's registered business information?
- Australian Business Number (ABN)
- 33007457141
- Registered Name
- Westpac Banking Corporation
- Government Contracting Period
- 2007 – 2026
Verify entity details on the Australian Business Register.
Registered Business Details
- Entity Type
- Australian Public Company
- ASIC Company Type
- Public Company
- ABN Status
- Active
- GST
- Registered
- ACN
- 007457141
- ABN
- 33007457141 verify ↗
- State
- NSW
- Postcode
- 2000
- Incorporated
- 8 April 1817 (209 years ago)
- Also trades as
- ALTITUDE REWARDS, BANK OF MELBOURNE, BANKSA FINANCIAL PLANNING, BANKSA, BANK OF MELBOURNE PRIVATE +51 more
Source: Australian Business Register (ABR) + ASIC Companies Register. View on ABN Lookup ↗
Procurement Categories
UNSPSC categories where Westpac Banking Corporation is active.
Track Westpac Banking Corporation's government contracts
Get alerts when new contracts are awarded, expiring contracts come up for recompete, and competitors win in your categories.
No credit card required. Scout plans from US$49/mo.
Explore more
View procurement map · Browse all suppliers · Search contracts · Australian Office of Financial Management profile