The 2nd Quarter 2003 issue of APRA Insight is now available on the APRA Website at www.apra.gov.au.

The issue contains editorial on the Australian Prudential Regulation Authoritys review of unit pricing practices, hedge funds, and also interest rate risk in the banking books of Authorised Deposit-taking Institutions.

Insight statistics are now issued separately.  The latest statistics will be available on the APRA Website in the coming month.

Media inquiries should be directed to APRA Public Affairs.

APRA is the prudential regulator of the financial services industry including banks, credit unions, building societies, general insurance and reinsurance companies, life insurance, friendly societies, and most members of the superannuation industry.  It currently regulates $1.5 trillion in assets for 20 million Australians.