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Showing 21 - 30 of 296 results for "Financial stability"

RBA and ASIC slam the ASX: 'Deeply disappointed'

ELIZA BAVIN  |  MONDAY, 31 MAR 2025
... unprecedented step of reassessing the compliance of ASX Clear Pty Limited and ASX Settlement Pty Ltd with the RBA's Financial Stability Standards outside the usual annual assessment cycle. The RBA has downgraded its assessment of these entities' compliance ...

SQM places private credit sector on watch

MATTHEW WAI  |  FRIDAY, 21 MAR 2025
... billion. "Due to the small size of the private credit market in Australia, the RBA considers that direct risks to financial stability from this market appear low... Nonetheless, there may be implications for market integrity, investor outcomes and confident ...

Super, insurance, and bank boards' 'poor practices' targeted by APRA

ANDREW MCKEAN  |  THURSDAY, 6 MAR 2025
... "skills, experience, and character." APRA chair John Lonsdale said effective governance is fundamental to financial stability and sound risk management, adding that the boards of banks, insurers and superannuation trustees shoulder "enormous responsibilities" ...

ASIC turns up the heat on private markets

KARREN VERGARA  |  WEDNESDAY, 26 FEB 2025
... trillion. "Due to the small size of the private credit market in Australia, the RBA considers that direct risks to financial stability from this market appear low... Nonetheless, there may be implications for market integrity, investor outcomes and confident ...

APRA maintains policy amid uncertain environment

ELIZA BAVIN  |  MONDAY, 25 NOV 2024
... economic and financial conditions and risks. APRA's macroprudential policy tools are aimed at mitigating financial stability risks at a system-wide level to promote a safe and stable financial system. In reaching the decision to keep the settings ...

Size of super industry on ASIC's radar

ELIZA BAVIN  |  FRIDAY, 15 NOV 2024
... commissioner Simone Constant has told the ASIC Annual Forum that the regulator is watching potential risks to financial stability as the superannuation sector grows. Questioned on her thoughts around the recent Reserve Bank of Australia (RBA) report ...

Teaminvest partners to launch new fund

ELIZA BAVIN  |  TUESDAY, 12 NOV 2024
... quality and marketability as assets securing the loan; and the ability to repay based on profit, cash flow and financial stability. "The investment and credit committees will rigorously review all loans to ensure the utmost diligence in credit approval," ...

Rapid growth in super sector poses risk to financial stability: RBA

ELIZA BAVIN  |  FRIDAY, 27 SEP 2024
... superannuation sector has set off alarm bells for the Reserve Bank of Australia (RBA). In the RBA's September Financial Stability Review, it said the super sector's growth and connections to Australian banks has increased its importance to financial ...

Pandemic-era savings to dry up: CBA

ELIZA BAVIN  |  FRIDAY, 9 AUG 2024
... facilities." Aird said the increase in money going into offset and redraw facilities was a positive dynamic for financial stability. "It means that many households have some wriggle room if they were to get into financial difficulty, particularly given ...

AMP Super trustee has additional licence conditions removed

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
... identify, manage and respond to risk is key to enhancing operational and financial resilience, as well as financial stability," APRA deputy chair Margaret Cole said. "APRA will continue to engage the full range of supervisory and enforcement responses ...