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APRA has imposed additional licence conditions on H.E.S.T Australia Ltd (HESTA) to address concerns regarding HESTA’s risk management and board governance during its recent transition of outsourced administration providers.
APRA has begun consulting on adding a third tier to its prudential framework for banking to embed additional proportionality and drive competition in the industry.
APRA has finalised amendments to its bank prudential framework to phase out Additional Tier 1 (AT1) capital instruments – also known as hybrid bonds – as eligible regulatory capital.
APRA has finalised amendments to its bank prudential framework to phase out Additional Tier 1 (AT1) capital instruments – also known as hybrid bonds – as eligible regulatory capital.
This update informs superannuation entities of extensions granted to the due dates of reporting requirements, originally due on 15 December 2025, to 2 February 2026. These changes are intended to support industry and improve data quality.