Second-place Wei Yun-jye of Taiwan, who trailed the Australian by one shot after the second round and played with Webb in the final group Saturday, had a 1-under 71 and was one of only seven golfers to break par in tough conditions.
Webb had a three-round total of 10-under 206.
Sarah Kemp of Australia, who led after the first round with a 66 but had a 78 Friday, shot a 71 Saturday and is alone in third place at 1-under 215.
Marta Prieto of Spain and Virginie Lagoutte-Clement of France, each with 72s, and Ahn Sun-ju of South Korea (74), are in a three-way tie for fourth at even-par 216.
American Natalie Gulbis shot 72 to remain at 5 over on the tournament. Laura Davies of Britain, who won the Australian Open the last time it was played in 2004, had a 74 and is 8 over.