Westpac Banking Corp 6-K, filed Aug 23, 2021

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

August 23, 2021

Commission FileNumber 1-10167

WESTPAC BANKING CORPORATION

(Translation of registrant’s name into English)

275 KENT STREET, SYDNEY, NEW SOUTH WALES 2000, AUSTRALIA

(Address of principal executive office)

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 x Form 40-F ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨

Index to Exhibits

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.

Exhibit 1

23 AUGUST 2021

WESTPAC – ASIC PROCEEDINGS ON THE PROVISION OF FINANCIALPRODUCT ADVICE FINALISED

Westpac acknowledges today’s total civil penalty of $10.5 million handed down by the Federal Court of Australia in relation to proceedings brought by ASIC about the provision of financial product advice.

This penalty relates to the proceedings brought by ASIC in 2016 against Westpac Securities Administration Limited and BT Funds Management Limited, where “personal advice” was found to have been provided in relation to calls to 14 customers concerning the rollover of their external superannuation accounts in breach of certain provisions of the Corporations Act.

The penalty was fully provisioned by Westpac in its First Half 2021 accounts.

For further information:

This document has been authorised for release by Tim Hartin, General Manager & Company Secretary.