| Date | Title | Description |
| 24.10.2025 | APRA revises governance proposals following industry consultation | The Australian Prudential Regulation Authority (APRA) has provided an update on its consultation to modernise the prudential framework on governance for banks, insurers and superannuation trustees.
In March, APRA proposed eight measures to ... |
| 23.10.2025 | APRA proposes more accessible pathway to IRB accreditation for banks | The Australian Prudential Regulation Authority (APRA) has proposed a simpler, clearer and more streamlined pathway for banks to become accredited to use the internal ratings-based (IRB) approach to calculating credit risk-weighted assets.
T... |
| 22.10.2025 | APRA refines proposals to facilitate easier access to alternative reinsurance arrangements | The Australian Prudential Regulation Authority (APRA) has released a response paper outlining refinements to its proposed updates to the general insurance reinsurance framework. The changes aim to facilitate easier access to different forms... |
| 13.10.2025 | APRA launches Innovate Reconciliation Action Plan 2025-27 | The Australian Prudential Regulation Authority (APRA) has released its Innovate Reconciliation Action Plan (RAP) for the period October 2025 to September 2027. This is APRA’s second Innovate RAP and third RAP since 2017.
The latest Reconcil... |
| 02.10.2025 | APRA publishes 2024-25 Annual Report | The Australian Prudential Regulation Authority (APRA) has published its Annual Report for the 2024-25 financial year.
The Annual Report is available on the APRA website at: APRA Annual Reports.
An accessible version of the Annual Report wil... |
| 02.10.2025 | APRA highlights strategic challenges for some trustees in promoting member outcomes over the longer term | The Australian Prudential Regulation Authority (APRA) has published insights into challenges facing some superannuation trustees in operational efficiency, growth, and competitive positioning.
In the paper “Delivering member outcomes into t... |
| 11.09.2025 | APRA releases quarterly authorised deposit-taking institution statistics for June 2025 | The Australian Prudential Regulation Authority (APRA) has released the Quarterly Authorised Deposit-taking Institution (ADI) Performance and the Quarterly ADI Property Exposures publications for the quarter ending 30 June 2025.
Key statisti... |
| 05.09.2025 | APRA monitors Eric Insurance’s exit from the general insurance market | The Australian Prudential Regulation Authority (APRA) notes that the voluntary administrators of Eric Insurance Limited (Eric) will convene a meeting of Eric’s creditors on 16 September 2025. This is to allow creditors to vote on a deed of ... |
| 29.08.2025 | APRA releases 2025 superannuation performance test results and product insights | The Australian Prudential Regulation Authority (APRA) has released the results of the 2025 superannuation performance test. The annual test, which has been administered by APRA over the past four years, assesses long-term performance to imp... |
| 25.08.2025 | APRA consults on minor updates to the prudential and reporting framework for ADIs, insurers and RSE licensees | The Australian Prudential Regulation Authority (APRA) has released for consultation a number of minor updates to the prudential and reporting framework for authorised deposit-taking institutions (ADIs), general, life and private health insu... |
| 11.08.2025 | APRA release notes on Superannuation CEO Roundtable - July 2025 | The Australian Prudential Regulation Authority (APRA) hosted a superannuation industry roundtable focussed on the recent cyber incidents impacting several superannuation entities. During the roundtable, held on 10 July 2025, APRA outlined i... |
| 07.08.2025 | APRA’s plans to support small and medium-sized banks | The Australian Prudential Regulation Authority (APRA) will make changes to its banking framework to increase proportionality and reduce regulatory burden as part of the Council of Financial Regulators’ (CFR) Review into Small and Medium-siz... |
| 30.07.2025 | APRA proposes changes to create a simpler and more efficient bank licensing framework | The Australian Prudential Regulation Authority (APRA) has proposed changes to its bank licensing framework aimed at simplifying and speeding up the licensing process and better supporting new entrants to the banking sector.
APRA is responsi... |
| 29.07.2025 | RBA and APRA update their Memorandum of Understanding | The Australian Prudential Regulation Authority (APRA) and The Reserve Bank of Australia (RBA) have today published an updated Memorandum of Understanding (MOU), to further strengthen their cooperation and coordination arrangements in suppor... |
| 24.07.2025 | APRA Chair John Lonsdale - Speech to Australian Banking Association Conference 2025 | Key points
“Whether it’s the prospect of a trade war sparking a global recession or a major cyber-attack on the payments system, Australians expect their banks, insurers and superannuation funds to be resilient and prepared for these risks.... |
| 23.07.2025 | APRA announces update on macroprudential settings | The Australian Prudential Regulation Authority (APRA) will keep its macroprudential policy settings steady following its latest review of domestic and international financial conditions and risks.
APRA’s macroprudential policy tools are aim... |
| 27.06.2025 | APRA tightens the cyber screws: What’s next for super funds and their partners? | - |
| 26.06.2025 | APRA publishes results of 2025 Stakeholder Survey | The Australian Prudential Regulation Authority (APRA) has published the results of its latest stakeholder survey showing 97 per cent of banks, insurers and superannuation trustees surveyed believe APRA’s supervision benefits their industrie... |
| 24.06.2025 | Superannuation expenditure outcomes: putting members' best financial interests first | The Australian Prudential Regulation Authority (APRA) has released a letter to Registrable Superannuation Entity (RSE) licensees setting out initial observations, examples of better practice, and areas for improvement to support compliance ... |
| 23.06.2025 | Cyble and FinTech Australia Partner to Fortify Cybersecurity in the FinTech Industry | SYDNEY, June 23, 2025 /PRNewswire/ -- Cyble, a global leader in AI-native cybersecurity solutions, has announced a strategic partnership with FinTech Australia, the premier industry body representing the Australian FinTech ecosystem. This c... |
| 15.04.2025 | APRA and ASIC publish latest data on life insurance claims and disputes - December 2024 | The Australian Prudential Regulation Authority (APRA) has released its Life Insurance Claims and Disputes Statistics publication, covering a rolling 12-month period from 1 January 2024 to 31 December 2024.
APRA’s Life Insurance Claims and D... |
| 07.04.2025 | Strengthening operational risk and third-party management – navigating the new APRA Standards | - |
| 03.04.2025 | APRA accepts Court Enforceable Undertaking from ANZ and increases capital add-on to $1 billion | The Australian Prudential Regulation Authority (APRA) has accepted a Court Enforceable Undertaking (CEU) from Australia and New Zealand Banking Group (ANZ) to address ongoing weaknesses in the bank’s non-financial risk management practices ... |
| 02.04.2025 | APRA and the RBA release joint statement on the use of the RBA’s overnight standing facility | The Australian Prudential Regulation Authority (APRA) and the Reserve Bank of Australia (RBA) have published a joint statement on the use of the RBA’s overnight standing facility.
The RBA has recently announced some important updates to its... |
| 18.03.2025 | APRA Chair John Lonsdale’s speech to AFR Banking Summit | Good morning and thank you for the invitation to speak here again.
Ten days ago, around four million Australians in south-eastern Queensland and northern New South Wales began to batten down the hatches in preparation for an expected cyclon... |
| 27.02.2025 | APRA releases superannuation statistics for December 2024 | The Australian Prudential Regulation Authority (APRA) has released its Quarterly Superannuation Performance publication and the Quarterly MySuper Statistics report for the December 2024 quarter.
Key statistics for the superannuation industr... |
| 20.02.2025 | APRA proposes updated approach to treatment of HELP debts | The Australian Prudential Regulation Authority (APRA) has begun consulting on proposed changes to how banks treat Higher Education Loan Program (HELP) debt repayments when assessing home loan applications.
As the prudential regulator of the... |
| 19.02.2025 | APRA rescinds information paper on cloud outsourcing and ceases ad hoc credit reporting collection | The Australian Prudential Regulation Authority (APRA) has confirmed two further steps to simplify the prudential framework.
First, APRA has today rescinded the 2018 Information Paper “Outsourcing Involving Cloud Computing Services” in light... |
| 19.02.2025 | APRA statement on BUSSQ Federal Court appeal | Australian Prudential Regulation Authority (APRA) imposed additional licence conditions on BUSS (Queensland) Pty Ltd as the trustee for The Building Unions Superannuation Scheme (Queensland) (BUSSQ) in August 2024 to safeguard the interests... |
| 20.01.2025 | APRA and ASIC release notes on Superannuation CEO Roundtables - November and December 2024 | The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) are releasing the public notes on the Superannuation CEO Roundtables held on Monday 25 November and Thursday 5 December 20... |
| 03.01.2025 | Kyndryl forecasts 2025 cybersecurity focus on supply chains | Kyndryl has released its cybersecurity predictions for 2025, with a primary focus on the security of supply chains following high-profile attacks and breaches in the past year.
Supply chain security has ascended as a priority for Australian... |
| 09.12.2024 | APRA to phase out AT1 as eligible bank capital | The Australian Prudential Regulation Authority (APRA) has confirmed it will phase out the use of Additional Tier 1 (AT1) capital instruments to simplify and improve the effectiveness of bank capital in a crisis.
Following an extensive consu... |
| 05.12.2024 | Moody’s Ratings changes global outlook for banks to stable from negative | Moody’s Ratings has changed its global outlook on banking system to stable from negative, reflecting its expectation that stabilisation of economic growth and monetary easing will support the operating environment for banks, alleviate press... |
| 04.12.2024 | Don't let your company make headlines for all the wrong reasons | Australian banks, superannuation funds, and insurance companies take note: the new Australian Prudential Regulation Authority (APRA) rules - stricter cyber security risk management - mean you, your team, and your company will be under serio... |
| 28.11.2024 | APRA releases quarterly private health insurance statistics for September 2024 | The Australian Prudential Regulation Authority (APRA) has released its quarterly private health insurance (PHI) publication for the September 2024 quarter.
This edition of the publication covers statistics on membership, coverage, benefits ... |
| 26.11.2024 | Australian banks criticised for weak email scam defences | Proofpoint has released research indicating that a significant number of Australian banks are exposing their customers to enhanced risks of email fraud when compared to their US counterparts.
The analysis highlights that 66% of Australia's ... |
| 25.11.2024 | Resilience in Focus: How Australian Boards Are Preparing for CPS 230 | According to an industry expert, resilience has become a board-level concern for Australia’s financial services industry ahead of new CPS 230 Operational Risk Management regulations from the Australian Prudential Regulatory Authority, the i... |
| 18.11.2024 | Opening Statement: Inquiry into improving consumer experiences, choice and outcomes in Australia’s retirement system | APRA appeared before the Senate Economics References Committee inquiry into improving consumer experiences, choice and outcomes in Australia’s retirement system on 14 November 2024.
Thank you for the opportunity to appear before the Committ... |
| 08.11.2024 | Therese McCarthy Hockey remarks to FINSIA’s The Regulators event | It’s great to see so many of you here to engage in this dialogue with regulators including APRA’s priorities.
Today we’ll be looking at how APRA seeks to maintain the safety and stability of both the institutions we regulate and the financi... |
| 04.11.2024 | APRA registers new non-operating holding company – St Andrew’s Australia Services Pty Ltd | The Australian Prudential Regulation Authority (APRA) has registered St Andrew’s Australia Services Pty Ltd as a non-operating holding company of one registered life insurer under the Life Insurance Act 1995, and one authorised general insu... |
| 29.10.2024 | APRA and ASIC publish latest data on life insurance claims and disputes - June 2024 | The Australian Prudential Regulation Authority (APRA) has released its Life Insurance Claims and Disputes Statistics publication, covering a rolling 12-month period from 1 July 2023 to 30 June 2024.
APRA’s Life Insurance Claims and Disputes... |
| 25.10.2024 | Opening Statement to the House of Representatives Standing Committee on Economics - October 2024 | Thank you for the opportunity to appear before the Committee to discuss APRA’s Annual Report 2022-23. Last week we tabled our most recent Annual Report for 2023-24 and the two documents provide a comprehensive overview of APRA’s performance... |
| 24.10.2024 | APRA amends operational risk financial requirements for superannuation trustees | The Australian Prudential Regulation Authority (APRA) has amended the prudential requirements for superannuation trustees relating to operational risk financial requirements (ORFR) as set out in Prudential Standard SPS 114 Operational Risk ... |
| 01.10.2024 | APRA revokes International Bank of Australia’s restricted banking licence | The Australian Prudential Regulation Authority (APRA) has agreed to requests from International Bank of Australia Pty Limited to revoke its licence to operate as a restricted authorised deposit-taking institution (ADI) and IBOA Group Holdin... |
| 20.09.2024 | The clock is ticking on APRA's new operational risk management regulation | The forthcoming Operational Risk Management regulation from APRA will have a significant impact on financial institutions. With less than a year to comply, risk leaders should waste no time, writes Dan Cooke, Chief Business Officer for Asia... |
| 06.09.2024 | APRA consults on minor updates to the prudential framework for ADIs, insurers and RSE licensees | The Australian Prudential Regulation Authority (APRA) has released for consultation a number of minor updates to the prudential framework for authorised deposit-taking institutions (ADIs), general, life and private health insurers and regis... |
| 02.09.2024 | APRA and ASIC release notes on Superannuation CEO Roundtables - June and July 2024 | The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) are releasing the public notes on the Superannuation CEO Roundtables held on Tuesday 18 June and Tuesday 16 July 2024.
The... |
| 30.08.2024 | APRA releases 2024 superannuation performance test results | The Australian Prudential Regulation Authority (APRA) has released the results of the 2024 superannuation performance test.
The annual performance test is designed to increase industry transparency and improve member outcomes by assessing t... |
| 29.08.2024 | APRA releases superannuation statistics for June 2024 | The Australian Prudential Regulation Authority (APRA) has released its Quarterly Superannuation Performance publication and the Quarterly MySuper Statistics report for the June 2024 quarter.
Key statistics for the superannuation industry as... |
| 22.08.2024 | APRA finalises new cross-industry Prudential Standard CPS 001 Defined terms | The Australian Prudential Regulation Authority (APRA) has finalised the new cross-industry Prudential Standard CPS 001 Defined terms (CPS 001). The new standard consolidates all existing standards on definitions for authorised deposit-takin... |
| 22.08.2024 | APRA increases ANZ’s capital add-on to $750 million over non-financial risk management concerns | The Australian Prudential Regulation Authority (APRA) has increased the capital add-on applied to Australia and New Zealand Banking Group (ANZ) to $750 million in response to heightened concerns about the bank’s non-financial risk managemen... |
| 21.08.2024 | APRA releases notes on Life Insurance CEO Roundtable - July 2024 | The Australian Prudential Regulation Authority (APRA) has published the public notes from the life insurance CEO roundtable held on Wednesday, 17 July 2024.
The roundtable was hosted by APRA Member Suzanne Smith together with Executive Dire... |
| 02.08.2024 | APRA lifts N.M. Super’s additional licence conditions | The Australian Prudential Regulation Authority (APRA) has removed additional licence conditions imposed on N.M. Superannuation Proprietary Limited (N.M. Super) in response to governance and risk management concerns.
N.M. Super, which is par... |
| 31.07.2024 | The Rising Tide of Cyber Threats: Navigating Ransomware and Immutability in Australia | In the digital age, data is the new gold. Yet, like gold, it attracts thieves. Cyber threats loom large, and ransomware is the wolf at the door. Australian enterprises are grappling with this menace, facing decisions that could make or brea... |
| 29.07.2024 | Immutability is the cornerstone of a safe enterprise | Immutability, in the context of data and information technology, refers to the property of data or systems that cannot be changed once they are created. This concept plays a critical role in ensuring cyber safety in Australian enterprises. ... |
| 25.07.2024 | APRA releases annual Private Health Insurance Coverage Survey | The Australian Prudential Regulation Authority (APRA) has released its annual Private Health Insurance Coverage Survey publication for the December 2023 reference period.
The Private Health Insurance Annual Coverage Survey provides a snapsh... |
| 22.07.2024 | APRA issues $10.7 million infringement notices and accepts court enforceable undertaking from OPC | The Australian Prudential Regulation Authority (APRA) has agreed to accept a court enforceable undertaking (CEU) from OnePath Custodians Pty Limited (OPC) pledging to rectify compliance deficiencies and compensate members.
OPC has also paid... |
| 19.07.2024 | APRA reduces Westpac’s operational risk capital add-on by $500 million | The Australian Prudential Regulation Authority (APRA) will reduce the $1 billion capital add-on applied to Westpac Banking Corporation (Westpac) by $500 million in response to the bank's progress in improving its risk governance, culture an... |
| 04.07.2024 | APRA strengthens core prudential standard to support outcomes for members in super | The Australian Prudential Regulation Authority (APRA) has enhanced a core prudential standard governing strategic planning and member outcomes in superannuation.
The updated Prudential Standard SPS 515 Strategic Planning and Member Outcomes... |
| 02.07.2024 | Super trustees urged to strengthen oversight of retirement strategy implementation | The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) are calling on superannuation trustees to boost efforts to track and measure the impact of their strategies to improve ret... |
| 28.06.2024 | APRA publishes letter on thematic review of recovery and exit planning in the superannuation industry | The Australian Prudential Regulation Authority (APRA) has issued a letter to all registrable superannuation entity (RSE) licensees sharing the initial observations from its targeted thematic review of the superannuation industry’s preparedn... |
| 18.06.2024 | The challenges in maintaining effective cybersecurity | An expected rapid increase in ransomware attacks and the exploitation of zero-day vulnerabilities by cybercriminals is likely to make 2024 the most challenging year yet for IT security teams.
Around the world, organisations of all sizes are... |
| 07.06.2024 | APRA has published further guidance on the Your Future, Your Super Performance Test | The Australian Prudential Regulation Authority (APRA) has issued a set of new and updated frequently asked questions (FAQs) to provide further guidance on the administration of the Government’s Your Future, Your Super Performance Test.
The ... |
| 06.06.2024 | APRA releases response on Superannuation Promoter definition | The Australian Prudential Regulation Authority (APRA) has released its response to the consultation on the proposed updates to the “promoter” definition under Reporting Standard SRS 101.0 Definitions for superannuation data collections.
The... |
| 28.05.2024 | ‘Abandoned, disrespected’: Rural branch closures inquiry calls for more banking regulation | (Clockwise from top left) The logos of NAB, ANZ, Westpac, and Commonwealth Bank. Source: AAP Image/ Joel Carrett. article-article-body
A banking regulator should have veto power over branch closures, otherwise country communities will conti... |
| 22.05.2024 | Member Therese McCarthy Hockey’s remarks to AFIA Risk Summit 2024 | Good morning and thank you for inviting me to represent APRA at my first AFIA Risk Summit.
In 1930, the British economist John Maynard Keynes predicted that within 100 years technological advances would have increased productivity to the po... |
| 22.05.2024 | APRA releases quarterly private health insurance statistics for March 2024 | The Australian Prudential Regulation Authority (APRA) has released its quarterly private health insurance (PHI) publication for the March 2024 quarter.
This edition of the publication covers statistics on membership, coverage, benefits paid... |
| 01.05.2024 | APRA Executive Board Member Suzanne Smith - Speech to the All Actuaries Summit 2024 | Society empowered by a thriving life insurance industry
It’s a privilege to be here today and to join this panel. Naomi and the Actuaries Institute asked me to set out some context as to how APRA views the life insurance industry in Austral... |
| 26.04.2024 | APRA and ASIC release notes on Superannuation CEO Roundtables - March 2024 | The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) are releasing the public notes on the Superannuation CEO Roundtables held on Wednesday 27 March and Thursday 28 March 2024... |
| 12.04.2024 | APRA revokes Islamic Bank’s restricted banking licence | The Australian Prudential Regulation Authority (APRA) has agreed to a request from Islamic Bank Australia Pty Ltd (Islamic Bank) to revoke its licence to operate as a restricted authorised deposit-taking institution (ADI).
APRA granted Isla... |
| 12.04.2024 | APRA releases letter on upcoming climate risk self-assessment survey | The Australian Prudential Regulation Authority (APRA) has released a cross-industry letter to advise on the scope, purpose and timing of its 2024 voluntary climate risk self-assessment survey of APRA-regulated entities. This survey follows ... |
| 12.04.2024 | APRA releases intermediated general insurance statistics for December 2023 | The Australian Prudential Regulation Authority (APRA) has released its bi-annual intermediated general insurance statistics for December 2023.
The intermediated general insurance statistics publication provides an overview of intermediated ... |
| 12.04.2024 | APRA and ASIC issue final rules and further guidance for the Financial Accountability Regime | The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) have released final rules and further guidance to support the financial services industry in implementing the Financial Ac... |
| 12.04.2024 | APRA to publish super fund expense data | The Australian Prudential Regulation Authority (APRA) will further increase transparency in superannuation by publishing new data on how members’ funds are being spent and invested by trustees.
The move follows a consultation with industry ... |
| 12.04.2024 | APRA amends authorised deposit-taking institution licence for Avenue Bank to remove restrictions | The Australian Prudential Regulation Authority (APRA) has granted Avenue Bank Limited (Avenue) a licence to operate as an authorised deposit-taking institution (ADI) without restrictions under the Banking Act 1959.
Avenue was previously lic... |
| 12.04.2024 | APRA consults on proposed amendments to the operational risk financial requirement for superannuation | The Australian Prudential Regulation Authority (APRA) has released for consultation proposed amendments to Prudential Standard SPS 114 operational risk financial requirement and its associated guidance.
The consultation, which follows APRA’... |
| 12.04.2024 | APRA releases minor updates to the prudential framework for ADIs and insurers | The Australian Prudential Regulation Authority (APRA) has released for consultation a number of minor updates to the prudential framework for authorised deposit-taking institutions (ADIs) and general, life and private health insurers.
This ... |
| 12.04.2024 | APRA publishes the December 2023 edition of the Quarterly Superannuation Product Statistics and Quarterly Superannuation Industry Publication | The Australian Prudential Regulation Authority (APRA) has released the Quarterly Superannuation Industry Publication and the Quarterly Superannuation Product Statistics for December 2023.
The December edition of the Quarterly Superannuation... |
| 12.04.2024 | APRA removes National Australia Bank’s operational risk capital add-on | The Australian Prudential Regulation Authority (APRA) has removed the $500 million capital add-on it imposed on National Australia Bank (NAB) in response to issues identified in the bank’s risk governance self-assessment.
APRA imposed the $... |
| 12.04.2024 | APRA releases quarterly private health insurance statistics for December 2023 | The Australian Prudential Regulation Authority (APRA) has released its quarterly private health insurance (PHI) publication for the December 2023 quarter.
This edition of the publication covers statistics on membership, coverage, benefits p... |
| 12.04.2024 | APRA releases superannuation statistics for December 2023 | The Australian Prudential Regulation Authority (APRA) has released its Quarterly Superannuation Performance publication and the Quarterly MySuper Statistics report for the December 2023 quarter.
Key statistics for the superannuation industr... |
| 12.04.2024 | APRA releases quarterly authorised deposit-taking institution statistics for December 2023 | The Australian Prudential Regulation Authority (APRA) has released the Quarterly Authorised Deposit-taking Institution (ADI) Performance and the Quarterly ADI Property Exposures publications for the quarter ending 31 December 2023.
The bank... |
| 12.04.2024 | APRA and ASIC release a cross-industry information package on the Financial Accountability Regime | The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) have published further information to help banks, insurers and superannuation trustees prepare for the commencement of the... |
| 12.04.2024 | Member Therese McCarthy Hockey’s remarks to COBA CEO and Director Forum | Good morning. It’s great to join you once again for my second COBA CEO and Director Forum. Events such as this and the COBA Convention later in the year present a valuable opportunity to outline our thinking in important areas relevant to t... |
| 08.04.2024 | Money transportation is becoming uneconomic. Is this the end for cash? | Source: Canva article-article-body
If you’ve ever taken money out at an Australian ATM, been handed $20 change at a supermarket or paid someone in cash, you’ve probably used the services of Armaguard.
Owned by Linfox Group, Armaguard is Aus... |
| 14.02.2024 | Will you SME my Valentine? Judo Bank posts love letter to small business clients | An edited image of Joseph Healy and David Hornery of Judo Bank. Source: Supplied article-article-body
Love is all around. Just check the pages of Australia’s august newspapers, as Judo Bank shares its Valentine’s Day wishes to small busines... |
| 12.01.2024 | Australia’s sustainable finance strategy is here. But it’s only the first step | Source: Unsplash/ Zbynek Burival article-article-body
Just north of Jamestown in South Australia, 70 kilometres east of the Spencer Gulf and next to a wind farm of nearly 100 turbines, stands the world’s first big battery.
Built in partners... |
| 17.07.2023 | Australia's banks, insurers have three years to renegotiate cloud and IT contracts | Banks, insurers and superannuation trustees have until mid-2025 to comply with new system resiliency and business continuity standards, and up to an extra year to have them reflected in certain outsourced IT and cloud contracts.
The require... |
| 11.07.2023 | APRA finds its first chief data officer | The Australian Prudential Regulation Authority (APRA) has appointed Surabhi Jain as its inaugural chief data officer, following Jain's departure from Westpac Institutional Bank in March.
Jain started at APRA earlier this month. The regulato... |
| 06.07.2023 | APRA cyber security "stocktake" underlines third-party risks | A large-scale cyber security assessment of Australia’s finance sector continues to uncover weaknesses in the way third parties handle data and meet security standards.
The assessment will ultimately cover “more than 300 banks, insurers and ... |
| 04.07.2023 | BNK Bank blames core system for stats delay | BNK Bank, a recently rebranded regional credit union, has blamed a "technical issue" with its core banking system for being unable to generate regulatory reports on time.
The bank, which formerly operated as Goldfields Money, said... |
| 03.03.2023 | APRA hunts for new chief data officer | The Australian Prudential Regulation Authority (APRA) has a newly-created chief data officer role, reporting to executive director of technology and data Bruce Young.
Young was appointed to head APRA’s new technology and data division when ... |
| 01.02.2023 | APRA creates new technology and data division | The Australian Prudential Regulation Authority (APRA) has set up a new technology and data division, and appointed Bruce Young to head it up.
The new division combines the enterprise services technology team and the core data capabilities t... |
| 28.11.2022 | Medibank breach prompts "intensifying" APRA scrutiny | The Australian Prudential Regulation Authority (APRA) is intensifying its supervision of Medibank Private, and is widening its investigations into financial services security more broadly.
The move comes in the wake of the Medibank data bre... |
| 29.07.2022 | BaaS arrangements, downstream service provider risks in APRA's sights | Australia’s prudential regulator has set its sights on banking-as-a-service (BaaS) arrangements as part of proposed new rules aimed at strengthening operational risk management in financial services.
The Australian Prudential Regulation Aut... |
| 27.07.2022 | Why is Labor trying to wind back superannuation reforms, and what could be the outcome? | Australian Assistant Treasurer Stephen Jones speaks to the media during a doorstop interview at Parliament House in Canberra, Wednesday, July 27, 2022. (AAP Image/Lukas Coch)
Who could even question a requirement that super funds act in the... |
| 13.07.2022 | Super Fierce launches Australia's first unbiased super fund comparison index that covers 99.8% of the market; reveals Australia's top 15 funds | Only 15 out of 359 Australian funds outperformed the last 20 years of booms and crashes: the "Fierce Performers"
This outperformance amounts to ~$411k more for the average Australian by their retirement
The largest outperformance ... |
| 29.06.2022 | Neobank Volt exits the banking industry | Neobank Volt is closing down and returning its banking licence after failing to raise funding from investors.
One of Australia’s first neobanks made the announcement on its website on Wednesday, saying it had been "unable to secure the... |
| 04.05.2022 | Act early, but don’t panic yet: How small businesses should respond to the first interest rate hike since 2010 | After the first official cash rate hike since 2010, lending and credit experts say Australia’s small business community should recognise the potential impact of future interest rate increases — and take practical action if growing repayment... |
| 21.04.2022 | Australia's Financial Regulator Aims to Implement Crypto Regulation by 2025 | The Australian Prudential Regulation Authority (APRA) has laid out a policy roadmap for the implementation of regulation for financial entities engaging in activity with crypto-assets.
Australia's financial regulator set a tentative goal of... |
