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Showing 41 - 50 of 148 results for "ADI"

Banks ordered to reduce dividend payout ratios

KANIKA SOOD  |  WEDNESDAY, 29 JUL 2020
Banks and insurers have been asked to retain at least half of their earnings while deciding dividends until December, after APRA issued revised guidelines. The prudential regulator in April asked banks and insurers to consider deferring dividend decisions ...

Banks throw Australians a second lifeline

ALLY SELBY  |  THURSDAY, 9 JUL 2020
Australia's banks will defer repayments on loans for an additional four months, in a bid to avoid a 'fiscal cliff' in September and aid in the country's economic recovery. Those who can restart paying back their loans will be required to do so at the ...

APRA ditches property revaluation requirement

ELIZA BAVIN  |  THURSDAY, 18 JUN 2020
... revisions to the prudential standards on regulatory capital. "This was foreshadowed in APRA's consultation on revisions to the ADI capital framework in June 2019," it said. "The rationale for this change in part recognised that the calibration of the ...

Big banks cop a beating

ELIZA BAVIN  |  WEDNESDAY, 8 APR 2020
The big four banks have all suffered a rating downgrade due to the COVID-19 fallout, while APRA warns they should cut dividends and bonuses. Fitch Ratings downgraded all four of the major banks, and their New Zealand subsidiaries, due to its expectation ...

Not safe to launch: APRA

HARRISON WORLEY  |  WEDNESDAY, 8 APR 2020
APRA will not issue a new superannuation licence any time within the next six months, with the prudential regulator keen to avoid the early failure of new super funds at the hands of COVID-19. APRA has suspended the issuance of new licences to budding ...

Shape up on climate change risk: APRA

ELIZABETH MCARTHUR  |  TUESDAY, 25 FEB 2020
... efforts to increase industry resilience, also revealing a financial risk vulnerability assessment that will begin with the ADI industry and will be analysed in conjunction with the Reserve Bank of Australia. "The vulnerability assessment will involve ...

APRA introduces annual stress-testing

ELIZA BAVIN  |  MONDAY, 24 FEB 2020
Authorised deposit-taking institutions are in need of ongoing improvement in stress testing for all entities, according to APRA's review of 28 ADIs. The regulator said all ADIs should review their internal stress testing frameworks after the findings ...

AMP Capital commits more to Melbourne students

ALLY SELBY  |  WEDNESDAY, 11 DEC 2019
AMP Capital has expanded its investment in the University of Melbourne, acquiring the student accommodation concession for its latest campus. The $150 million, 42-year deal was made on behalf of investors in the AMP Capital Diversified Trust (ADIT) ...

APRA proposes new banking data policies

ALLY SELBY  |  FRIDAY, 6 DEC 2019
... institutions (ADIs) to be considered non-confidential, and as such, publishable. Currently APRA publishes less than 1% of ADI data. APRA executive director for cross-industry insights and data Sean Carmody said the proposal aligns with the watchdog's ...

AustralianSuper eyes $1.48bn in Indian infrastructure

KANIKA SOOD  |  WEDNESDAY, 7 AUG 2019
Australia's largest superannuation fund has signed an agreement with the Indian sovereign wealth fund to invest up to US $1 billion in infrastructure opportunities and is taking a shareholding in the fund manager. AustralianSuper made an initial ...