covid 19
APRA Chair Wayne Byres - Speech to the 2021 AFR Banking Summit
… past 12 months. Early forecasts of the economic impact of COVID-19 were truly dire. They prompted unprecedented levels … wherever it may come. Credit The second C is credit. COVID-19 was inevitably going to produce an increase in … health. Aside from the immediate economic shock from COVID-19, it is also producing longer term structural changes …
APRA releases its policy and supervision priorities for 2022
… to focus on ensuring financial stability in the face of COVID-19, APRA’s latest priorities feature a heightened … has demonstrated its resilience throughout the pandemic, COVID-19 has underlined the potential for unexpected shocks …
APRA announces revised implementation approach for APRA Connect
… medium term. APRA notes that the developing outbreak of COVID-19 is creating considerable uncertainty and disruption …
APRA launches new data collection to support Government’s SME Guarantee Scheme
… COVID-19, Data collection Media enquiries Contact APRA Media …
APRA commences new data collection to assess temporary early release of superannuation scheme
… for superannuation entities . Data collection, COVID-19 Media enquiries Contact APRA Media Unit, on +61 2 …
APRA Deputy Chair Helen Rowell - Speech to AIST 2020 Trustee Forum
… in neither of those two speeches was there any mention of COVID-19. Like most of the world, APRA was aware of the … 515 has only become more critical since the outbreak of COVID-19. The financial and operational challenges created by … entered hibernation earlier this year in response to COVID-19, but re-awakened last month with the release of the …
Second opening statement for House of Representatives Standing Committee on Economics - September 2021
… of “protected today, prepared for tomorrow”. Clearly, COVID-19 remains the dominant influence on the current … reforms, while closely monitoring the ongoing impact of COVID 19 on the financial system. Some of the initiatives … to borrowers impacted by the emergence of widespread COVID-19 lockdowns.. For these banks, APRA is providing …
H.E.S.T. Australia to make payments to members impacted by March 2020 revaluations
… made by HESTA in March 2020, at the beginning of the Covid-19 pandemic. HESTA is the trustee for the HESTA …
APRA advises regulatory approach to RBA Term Funding Facility
… > COVID-19 Media enquiries Contact APRA Media Unit, on +61 2 …
Regulators release feedback on financial institutions’ preparation for LIBOR transition
… LIBOR. The regulators recognise that disruptions from the COVID-19 outbreak may affect the timing of some aspects of …
APRA Chair Wayne Byres - Speech to Trans-Tasman Business Circle webinar
… to see its active program of events is continuing in a COVID world, and I’m certainly happy to contribute to the … five months since the Australian Government declared COVID-19 as a global pandemic, there is unfortunately no end … initially sought to contribute to dampening the impact of COVID-19: by easing the operational burden on regulated …
APRA Chair Wayne Byres - Remarks to the Board of the International Banking Federation
… Print Email Going the distance: APRA's approach to the COVID-19 fight Hello, and thank you for inviting me to join … global economy has taken some ferocious blows of late as COVID-19 has spread around the world, shutting businesses, … sectors we also supervise. In its earliest days, COVID-19 was viewed through a health lens. As a result, our …
Deputy Chair John Lonsdale - speech to Customer Owned Banking Association (COBA) 2020 Convention
… financial sector on a sound footing going into the COVID-19 crisis, but we can never say our work on system … have expanded just over half as rapidly. Even through COVID-19, mutual ADIs have continued to grow their asset and … strong liquidity positions, particularly through COVID-19, where the threat of meeting increased deposit …
APRA releases quarterly private health insurance statistics for December 2021
… premium rate increases. Claims growth fell due to various COVID-19 restrictions imposed across Australia throughout the …
APRA releases superannuation statistics for March 2021
… with lump-sum and pension payments returning to pre-COVID levels, and totalled $18.3 billion for the March …
APRA seeks to enhance flexibility and resilience of ADI capital framework
… “The groundwork of previous years meant that, when COVID-19 hit, the Australian banking industry had sufficient …
APRA releases quarterly private health insurance statistics for March 2020
… for the private health insurance industry. The sharp COVID-19 led decline in equity markets drove significant …
APRA Chair Wayne Byres - Speech to the Australian Financial Review Banking and Wealth Summit
… for the year ahead very quickly went out the window when COVID-19 struck. To use three of the most over-used words of … spoken previously about how we responded to the onset of COVID-19 with a rapid change to our priorities. 1 In … program are critical reforms that were inflight when COVID-19 descended. There are three I want to highlight …
Deputy Chair John Lonsdale - speech to Customer Owned Banking Association (COBA) 2021 CEO & Directors Forum
… position relative to many other countries. With low COVID-19 cases, we have seen a number of strong indicators of … by mutuals were impacted by repayment deferrals due to COVID-19. Mutuals maintained this position relative to the … and CET1 ratios, and have so far weathered the impacts of COVID-19 well. This reflects well on smaller ADIs, but does …
APRA keeps macroprudential policy settings steady
… portfolios continue to rise slowly, they remain below Covid peaks. As a result of these considerations: the …