Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 41 - 50 of 93 results for "Wayne Byres"

Enforcement appetite is working: APRA

ELIZA BAVIN  |  MONDAY, 2 DEC 2019
... Economics that despite tough conditions it has shown an increased appetite to be "constructively tough". APRA chair Wayne Byres told the committee that broader enforcement capabilities have allowed the regulator to achieve better results. "APRA is not ...

Culture change must not be a fad: APRA

HARRISON WORLEY  |  FRIDAY, 11 OCT 2019
APRA chair Wayne Byres told Australia's banking lobby that changes to the sector's culture cannot disappear once the spotlight moves away. Speaking at the Australian Banking Association's national economic series in Sydney on Wednesday, Byres said APRA's ...

APRA announces new executive roles, organisational structure

ELIZA BAVIN  |  THURSDAY, 3 OCT 2019
... resilience, superannuation member outcomes, enhanced GCRA across the regulated sector, and cyber resilience," APRA chair Wayne Byres said. The regulator said it will move to an industry-based supervision model, with separate supervisory divisions responsible ...

Super trustees must do better: Byres

HARRISON WORLEY  |  FRIDAY, 20 SEP 2019
... will soon need to have some difficult conversations with poorly performing superannuation funds, according to chair Wayne Byres. Speaking at a Gilbert + Tobin event in Sydney this week, Byres said the ability of the prudential regulator to hold trustees ...

Byres warns not to spread APRA too thin

HARRISON WORLEY  |  MONDAY, 12 AUG 2019
With every review adding more to its plate, APRA chair Wayne Byres has warned against spreading the regulator too thin. Appearing before the House of Representatives Standing Committee on Economics on Friday, APRA deputy chair John Lonsdale reiterated ...

Industry not impressed with APRA

HARRISON WORLEY  |  THURSDAY, 1 AUG 2019
... and the same amount believing APRA's supervision enhances their financial and operational strength. APRA chair Wayne Byres said the survey was an important tool for the regulator to understand its performance, and areas of improvement, and said regularly ...

APRA endorses review recommendations

KARREN VERGARA  |  WEDNESDAY, 17 JUL 2019
... product dashboards)," it said. APRA will also consult with the government on the additional resources needed. Chair Wayne Byres said the report highlights the increasingly complex industry dynamics in which APRA operates and that the expectations of ...

Property risks dip at Coalition win, APRA easing

KANIKA SOOD  |  WEDNESDAY, 22 MAY 2019
... growth - two more recent developments have led us to review the appropriateness of the interest rate floor," APRA chair Wayne Byres said. "With interest rates at record lows, and likely to remain at historically low levels for some time, the gap between ...

APRA to up the ante

HARRISON WORLEY  |  TUESDAY, 16 APR 2019
... direction powers and licence conditions - to achieve prudential outcomes and deter unacceptable practices." APRA chair Wayne Byres said formal enforcement is an important weapon in the regulator's arsenal, but noted it would still resolve issues ...

APRA to boost staff numbers

HARRISON WORLEY  |  FRIDAY, 12 APR 2019
... permanent staff after its funding boost. In a planned statement to the Senate Economics Legislation Committee, APRA chair Wayne Byres revealed the prudential regulator is looking to hire 100 more permanent staff and hinted at a new enforcement approach. ...