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 | 1 | $3.3M |
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 |
|---|---|---|---|
| Information and technology | 1 | $550K | 100.0% |
How does Westpac Banking Corporation win government contracts?
| Method | Contracts | Value | Share |
|---|---|---|---|
| limited | 46 | $66.7M | 82.1% |
| open | 7 | $6.7M | 12.5% |
| selective | 3 | $394K | 5.4% |
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 |
|---|---|---|---|
| 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 | |
| Syndication Issuance ACGB 4.25% 21 December 2035 | Australian Office of Financial Management | $2.5M | |
| Westpac Market Pulse Data - Data Product Agreement | Customer Delivery & Transformation Division | $550K |
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 government agencies.
| Supplier | Contracts | Value |
|---|---|---|
| SERCO AUSTRALIA PTY LIMITED | 6 | $7.92B |
| SECURE JOURNEYS PTY LTD | 2 | $4.69B |
| Broadspectrum (AUSTRALIA) PTY LIMITED | 5 | $3.02B |
| INTERNATIONAL HEALTH AND | 12 | $2.61B |
| DTZ PTY LTD | 94 | $2.12B |
| AUSTRALIAN RED CROSS SOCIETY | 11 | $1.98B |
| CANSTRUCT INTERNATIONAL PTY LTD | 1 | $1.82B |
| COBHAM AVIATION SERVICES AUSTRALIA | 5 | $1.53B |
| IBM AUSTRALIA LTD | 185 | $1.44B |
| AUSTAL SHIPS P/L | 4 | $1.36B |
What size contracts does Westpac Banking Corporation typically win?
| Size Range | Contracts | Total Value |
|---|---|---|
| $10K-$50K | 7 | $195K |
| $50K-$100K | 4 | $298K |
| $100K-$500K | 11 | $2.9M |
| $500K-$1M | 5 | $3.3M |
| $1M-$5M | 30 | $67.5M |
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.
Procurement Categories
UNSPSC categories where Westpac Banking Corporation is active.
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