APRA has released the latest edition of APRA Explains, detailing its strategic objective of “Getting the balance right”. The article outlines how APRA is reducing unnecessary regulatory burden while maintaining strong prudential standards that support productivity and long-term financial stability.

It features insights from APRA Member Suzanne Smith on APRA’s progress to date, including efforts to simplify requirements, improve proportionality and reduce duplication, as well as next steps to deliver a more targeted, proportionate and efficient prudential framework.

View the full article on APRA's website.