APRA is required to follow relevant legislation, produce an annual report and report on administrative activities, such as financial performance, contracts and other information that APRA holds. We prepare all financial and performance reporting in accordance with the Public Governance, Performance and Accountability Act.  

APRA reports in accordance with the following Commonwealth legislation and other requirements:

• Australian Prudential Regulation Authority Act 1998  
• Commonwealth Electoral Act 1918  
• Commonwealth Procurement Rules
• Environment Protection and Biodiversity Conservation Act 1999
• Equal Employment Opportunity (Commonwealth Authorities) Act 1987  
• Freedom of Information Act 1982  
• Public Governance, Performance and Accountability Act 2013  
• Work Health and Safety Act 2011  
• Commonwealth Fraud and Corruption Control Framework
• Commonwealth Climate Disclosure  
• Requirements for Annual Reports for Departments, Executive Agencies and other Non-corporate Commonwealth Entities 

Financial reporting

APRA prepares all financial statements in accordance with the Public Governance, Performance and Accountability (Financial Reporting) Rule 2015 and includes them in its Annual Reports. This rule is a legislative instrument made under the Public Governance, Performance and Accountability Act that sets out the minimum financial reporting requirements for all Commonwealth reporting entities.

Performance reporting

APRA prepares performance reporting in accordance with the Public Governance, Performance and Accountability (Financial Reporting) Rule 2015 and publishes a Statement of Performance in its Annual Report. This statement sets out APRA’s performance in achieving its strategic priorities and provides APRA’s results against its performance measures, as set out in the corporate plan for the corresponding period. APRA’s annual report is tabled in Parliament and published online.

Performance measures

APRA regularly reviews its performance reporting framework to ensure it aligns with best practice under the Public Governance, Performance and Accountability Act. A recent key change to the framework has been a stronger emphasis on competition and efficiency considerations to better demonstrate how APRA is minimising any undue cost of regulation for industry. APRA’s key performance measures are included in the Corporate Plan.

Gifts and hospitality

APRA declares any gifts and hospitality valued at over $100, or where value is unknown, in the registers below.

Freedom of information

You can formally request to access documents APRA holds under the Freedom of Information Act 1982. The freedom of information disclosure log lists information released following a freedom of information request to APRA.

Information publication scheme

APRA publishes material on this website that is freely available. We provide links to this material in our Information Publication Scheme.

Net zero - emissions reduction plan 

APRA is committed to leading climate action within the public sector and contributing to the APS Net Zero 2030 target. APRA’s approach to reducing emissions is detailed in our publicly available Emissions Reduction Plan and our climate disclosures published in the Annual Report.

Procurement

APRA conducts its procurement processes in accordance with the Commonwealth Procurement Rules, including but not limited to:  

• engaging Indigenous suppliers for procurements between $80,000 and $200,000 as required under the Indigenous Procurement Policy  
• conducting open tenders for procurement activities of more than $200,000 (unless otherwise exempted under the CPRs)  
• reporting all procurements over $10,000 on AusTender  
• providing a link on this website to the AusTender report on all purchases over $100,000.

APRA’s procurement processes uphold integrity, diligence and consistency in our conduct, which ensures honesty and fairness.

Senate continuing orders

APRA publishes a list of files twice a year in response to a Senate Continuing Order known as the Harradine Report. The lists show new file titles created by APRA, with some exclusions as noted in the Order.

Stakeholder Survey

In its role as an independent statutory authority that supervises institutions across banking, insurance and superannuation, APRA undertakes biennial stakeholder surveys of its regulated-entities to help assess its performance and effectiveness.