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APRA sets new capital target for the big four

APRA has raised the CET1 capital ratios for the big four banks to meet the "unquestionably strong" benchmark outlined in the Financial System Inquiry.

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Read more: APRANABCBAANZFinancial System InquiryWestpacWayne ByresGary LennonMichelle JablkoPeter KingRobert Jesudason