APRA
- Updated
- General insurance
The $16 billion shadow hanging over Australia’s financial system
The number of homes lacking adequate insurance could be 1 million more by 2050, says a “stress test” by the finance regulator.
- Clancy Yeates
Latest
- Opinion
- Superannuation
Sorry two years for CBUS shows it’s time super members got a say
There’s no way of knowing what members in the $100 billion fund think, as they are never asked.
- The Age's View
Health insurance just became more expensive. Here’s what you need to know
The biggest rise in premiums in eight years will hit 15 million Australians from April. See how it affects your health fund.
- Angus Thomson
$100b super giant slapped over ‘severe, prolonged disruption’
The regulator has imposed extra licence conditions on HESTA after a technology change that meant members were unable to access their accounts online for about six weeks.
- Clancy Yeates
Pump the brakes: Lending restrictions slapped on banks as property risks grow
The banking regulator is stepping in to cap new lending to highly geared borrowers, amid warnings of risks in the property market.
- Shane Wright and Clancy Yeates
‘Put the brakes on’: Record $40b investor blitz has banking regulator on high alert
The value of mortgages taken out by property investors has soared more than a third in just six months. It could force new rules to curb their enthusiasm.
- Shane Wright and Clancy Yeates
‘Serious failures’: Former Xinja CEO disqualified for eight years
The former chief executive of the hyped up neobank Xinja has been disqualified by the prudential regulator for eight years after a lengthy investigation.
- Charlotte Grieve
- Opinion
- Superannuation
Super’s big test is working, but there is a fatal flaw
The prudential regulator’s testing regime is shining a light across much of the superannuation sector. But it’s great for only one set of fund members.
- Bec Wilson
- Updated
- Crime
Burglaries at Australia Post’s Melbourne GPO boxes spark superannuation security alert
A super fund with more than a million members has alerted customers their information may have been stolen in burglaries at a post office in Bourke Street.
- Alexander Darling
‘Persistent weaknesses’: Why your super account security might not be up to scratch
Super accounts have long been an attractive target for fraudsters, and on Tuesday, the regulator said funds’ current controls were not always good enough.
- Clancy Yeates