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Showing 101 - 110 of 634 results for "Australian Prudential"

Chief economist update: Home cooling

BENJAMIN ONG  |  WEDNESDAY, 21 MAR 2018
... December from 6.6% three months earlier as a result of tighter macro-prudential regulations. Recall that, the Australian Prudential Regulations Authority (APRA) limited interest-only loans to 30% of total new housing credit in March last year. This followed ...

Chief economist update: Australia low on credit

BENJAMIN ONG  |  THURSDAY, 1 MAR 2018
... pick-up in lending to owner-occupiers (8% from 7.9%). But this is good and is exactly what the RBA and the Australian Prudential Regulations Authority (APRA) intended in order to reduce financial stability risks in the economy. APRA limited interest-only ...

APRA announces new executive general manager

EMMA RAPAPORT  |  MONDAY, 11 DEC 2017
The Australian Prudential Regulation Authority has announced the appointment of a new executive general manager, strategy/chief risk officer. Therese McCarthy-Hockey, formerly of Deutsche Bank London, will be responsible for the supervision framework ...

Meat industry fund welcomes new chief executive

JAMIE WILLIAMSON  |  FRIDAY, 1 DEC 2017
... IOOF. He has also held a range of roles with ANZ Wealth and is a former senior analyst, supervision with the Australian Prudential Regulation Authority. A spokesperson for AMIST Super said a decision would be made in future as to whether a new investment ...

APRA delivers poor super fund ultimatum

DARREN SNYDER  |  WEDNESDAY, 29 NOV 2017
... soon be asked to "gracefully exit the industry" if they cannot meet revisions to regulatory frameworks. Australian Prudential Regulation Authority (APRA) deputy chair Helen Rowell said the regulator will soon issue a consultation package on revisions ...

APRA names heavyweight panel to investigate CBA

EMMA RAPAPORT  |  FRIDAY, 8 SEP 2017
The Australian Prudential Regulation Authority appointed three highly experienced panel members to conduct an inquiry into the governance, culture and accountability frameworks of the Commonwealth Bank. Chairman of the Banking and Finance Oath, John ...

APRA issues warning to underperforming super funds

EMMA RAPAPORT  |  FRIDAY, 1 SEP 2017
The Australian Prudential Regulation Authority is pressing ahead with its aim to remove the superannuation industry of underperforming funds, penning a warning letter to all RSE licensees to shape up or ship out. In the letter APRA deputy chair Helen ...

APRA launches inquiry into CBA

EMMA RAPAPORT  |  MONDAY, 28 AUG 2017
The Australian Prudential Regulation Authority will establish an independent inquiry into the Commonwealth Bank, following a series of scandals which have called the integrity of Australia's largest bank into question. The inquiry, conducted by an APRA-appointed ...

APRA puts super funds on notice

EMMA RAPAPORT  |  MONDAY, 14 AUG 2017
The Australian Prudential Regulation Authority will consult on a raft of proposed changes to the superannuation prudential framework, in an effort to lift operation governance practices of regulated superannuation trustees. The proposals were outlined ...

Super funds must address climate risk: Market Forces

EMMA RAPAPORT  |  THURSDAY, 3 AUG 2017
... superannuation funds. The legal opinion follows a speech to the Insurance Council of Australia in February 2017 by Australian Prudential Regulation Authority (APRA) executive board member Geoff Summerhayes, in which he noted that climate risks "have ...