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This consultation is a new process, intended to ensure minor updates to the framework can be made in a timely manner, and is part of APRA's strategic initiative to modernise the prudential architecture.
This publication contains key statistics on the annual life insurance supplementary statistical tables and biannual life insurance institution-level publications for December 2022.
APRA has imposed a fine of almost $1.5 million dollars on OnePath Custodians Pty Limited for failing to direct member contributions to a MySuper product.
This follows recent changes by some banks to their processes for granting exceptions to borrowers who don’t meet minimum home loan serviceability criteria, such as the 3 per cent serviceability buffer.