St George Westpac merger - fact sheet

Overview

This page contains information about the merger of St George Bank Limited (St George) with Westpac Banking Corporation (Westpac) on 1 December 2008.

This information applies to you if:

• you are an individual not a company or trust
• you are an Australian resident for tax purposes
• you held ordinary shares in St George, which participated in the merger with Westpac in 2008
• you did not acquire your shares under an employee share scheme, and
• any gain or loss you made on the shares is a capital gain or capital loss - this means that you held your shares as an investment asset, not:  
  • as trading stock
  • as part of carrying on a business, or
  • to make a short-term or 'one-off' commercial gain.