Westpac is a publicly listed ASX private company with an Australian Financial Services Licence (AFSL).

[better source needed] Westpac and synonymously BankSA launched online banking services via internet and smartphone application on 5 December 2015.

[citation needed] In November 2005, the State Bank began its sponsorship of Australia's biggest arts festival, the Adelaide Fringe, with a A$1.4 million partnership until 2010.

[4] BankSA is a private company that also extends its banking services to government and public institutions, and fellow private businesses, including the entities listed below:[citation needed] BankSA has not been the subject of Royal Commission findings; however, it did have an indirect history in two separate Royal Commissions.

[citation needed] Westpac, was implicated in the Banking Royal Commission of 2017 and was ordered to pay the largest penalty of $1.3 billion for money laundering.