Results Highlights

Profitability (before abnormal items)

		Quarter to			Nine Months to		% Change
		June	March	June	June	June	June/June
		1998	1998	1997	1998	1997
	Group Operating Profit	619	576	504	1,728	1,643	5.2
	Underlying Profit	1,156	994	900	3,099	2,755	12.5
	Net Interest Income	1,475	1,406	1,339	4,293	3,979	7.9
	Non Interest Income	1,060	942	706	2,805	2,116	32.6
	Non interest expenses	1,329	1,310	1,110	3,868	3,234	19.6
	Goodwill amortisation	50	44	35	131	106	23.6
	Charge for doubtful debts	202	148	122	470	227	large
	Abnormal items - Restructuring costs (pre tax)	(12)	(212)	-	(241)	-	-

Balance Sheet

		As at				% Change
		June	March	Sept	June	June/Sept
		1998	1997	1998	1997
	Shareholder's Equity	14,672	13,529	12,581	13,228	16.6
	Total assets	247,042	233,182	201,969	200,040	22.3
	Risk weighted assets	194,057	180,208	154,309	150,405	25.8
	Gross loans and advances	158,572	148,927	133,634	131,818	18.7
	Total net loans, advances and acceptances	176,101	167,704	150,641	147,710	16.9
	Total deposits	153,761	146,673	128,469	128,729	19.7
	Non-accrual loans, net of specific provisions	829	709	706	683	17.4

Performance Measurements

		Quarter to			Nine Months to
		June	March	June	June	June
		1998	1998	1997	1998	1997
	Cost/income ratio (excl goodwill & abnormal items) (1)	52.4%	55.8%	54.3%	54.5%	53.1%
	Operating costs to total assets (excl goodwill & abnormal items)	2.2%	2.2%	2.2%	2.1%	2.2%
	Non interest income to total net income	41.8%	40.1%	34.5%	39.5%	34.7%
	Basic earnings per share - before abnormal items	43.2c	40.3c	34.3c	120.9c	111.2c
	Basic earnings per share - after abnormal items	42.6c	30.5c	34.3c	109.8c	111.2c
	Diluted earnings per share - before abnormal items	42.1c	39.4c	33.9c	118.3c	110.4c
	Diluted earnings per share - after abnormal items	41.6c	30.1c	33.9c	107.8c	110.4c
	Basic earnings per share - pre goodwill & abnormal items	46.7c	43.4c	36.7c	130.1c	118.3c
	Specific provision charge to operating profit				20.5%	10.3%
	Specific provision balance to total assets				0.3%	0.3%
	Specific provision balance to risk weighted assets				0.4%	0.4%
	Capital risk asset ratio (Tier 1: 5.9%, Tier 2: 2.9%, deductions: (0.3)%)				8.5%	9.2%
	Net tangible asset backing per share				$8.04	$7.70

All figures are in A$ millions unless otherwise stated.

(1)The cost to income ratios have been calculated after taking into account the changes in financial statement presentation as set out on page 16 of the Financial Information file which is available from the download section. Prior period comparatives have been adjusted.