FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Report of Foreign Issuer
Pursuant to Rule 13a-16 or
15d-16 of
the Securities Exchange Act of 1934
June 30, 2005
WESTPAC BANKING CORPORATION
(Translation of registrants name into English)
60 MARTIN PLACE, SYDNEY, NEW SOUTH WALES 2000, AUSTRALIA
(Address of principal executive offices)
[Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F.]
Form 20-F |
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Form 40-F |
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[Indicate by check mark whether the registrant by furnishing the information contained in
this form is also thereby furnishing the information to the Commission pursuant to
Rule 12g3-2(b) under the Securities Act of 1934.]
Yes |
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o |
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No |
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[If Yes is marked, indicate the file number assigned to the registrant in connection with
Rule 12g3-2(b):82- ]
Index to Exhibits
Exhibit |
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Description |
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Media Release Westpac moves to full ownership of Hastings |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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WESTPAC BANKING CORPORATION |
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(Registrant) |
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Date: June 30, 2005 |
By: |
/s/ Manuela Adl |
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Manuela Adl |
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SVP & Chief Operating Officer |
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30 June 2005
Westpac moves to full ownership of Hastings
Westpac Banking Corporation said today that the settlement of the acquisition of the remaining 49% of shares in Hastings Funds Management was proceeding on track and is expected to be completed by 30 September 2005.
The price for the remaining 49% interest in Hastings will be calculated using a pre-agreed formula that incorporates both funds under management and profit up to 30 June 2005.
Hastings Funds Management will be fully consolidated in Westpacs financial accounts after 30 June 2005.
Westpac acquired its initial 51% interest in Hastings in August 2002 as part of a strategy to expand into specialised funds management. Hastings was established in 1994 as a specialist investment manager of alternative assets.
Ends.
For Further Information
David Lording |
Media Relations |
Westpac Banking Corporation |
Ph: 02 9226 3510 |
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