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.