mortgage regulation
APRA releases annual report on counter-cyclical capital buffer
… 17 December 2021 Print Email The Australian Prudential Regulation Authority (APRA) has published its annual … stability risks associated with increasing shares of new mortgage lending at high levels of debt-to-income, alongside … contact APRA on 1300 558 849 . The Australian Prudential Regulation Authority (APRA) is the prudential regulator of …
Some Australian perspectives on procyclicality
… at times when markets are dysfunctional). Prudential regulation is, in my view, typically a neutral influence - … weight if they had an LVR below 80 per cent and/or were mortgage insured. Our concern at the run up in housing prices … in loan size, age, purpose (owner-occupied or investment), mortgage insurance status (including the prospect that claims …
APRA releases results of inaugural Climate Vulnerability Assessment
… 30 November 2022 Print Email The Australian Prudential Regulation Authority (APRA) has published the aggregated … in specific regions and industries. For example, mortgage lending losses were higher in northern Australia, … contact APRA on 1300 558 849 . The Australian Prudential Regulation Authority (APRA) is the prudential regulator of …
APRA Chair Wayne Byres - Speech to the 2019 Banking and Finance Oath Conference
… Oath Conference Thursday 8 August 2019 Print Email Is self-regulation dead? Wayne Byres, Chairman – Crossroads: The 2019 … morning, I’ve been asked to answer the question: is self-regulation dead? To cut to the chase, my answer is that I … This was a classic excuse in APRA’s intervention in mortgage lending: many industry participants were …
Implementing APRA's prudential standards of executive remuneration
… The securities sell because they are backed by residential mortgage assets which are seen as safe. But, as business … – in the Panel discussion. The Australian Prudential Regulation Authority (APRA) is the prudential regulator of …
APRA Chair John Lonsdale’s speech to the European Australian Business Council
… repeat was the most important contribution the Prudential Regulation Authority could make to promoting growth. 10 So to … households and businesses in a significant downturn. The mortgage serviceability buffer also stays at 3 percentage … in large numbers of borrowers being unable to make their mortgage repayments. Should bank losses begin to mount due to …
Risk Management and Governance – A Prudential Regulator Perspective
… an ADI or an insurer? Why are they subject to prudential regulation and why might requirements for risk and governance … encourage those of you with an interest in prudential regulation to read it. I will draw on some of the points the … our approach to supervision. The Australian Prudential Regulation Authority (APRA) is the prudential regulator of …
Opening Statement House of Representatives Economics Committee - August 2019
… to recap our main achievements over a busy past 12 months: Mortgage lending – APRA has overseen a substantial strengthening of mortgage lending standards across the prudentially regulated … including greater shared responsibility for superannuation regulation, and making some adjustments to its prudential …
APRA welcomes finalisation of Basel III bank capital framework
… 8 December 2017 Print Email The Australian Prudential Regulation Authority (APRA) today welcomed the announcement … to capital requirements for higher risk residential mortgage lending, consistent with the achievement of … contact APRA on 1300 558 849 . The Australian Prudential Regulation Authority (APRA) is the prudential regulator of …
Opening Statement to Senate Economics Legislation Committee – February 2025
… Print Email John Lonsdale, Chair - Australian Prudential Regulation Authority Thank you for the opportunity to … consulting with industry on updating APG 223 Residential Mortgage Lending to clarify that ADIs may remove HELP … economic and financial conditions and risks. The mortgage serviceability buffer and countercyclical capital …
Opening Statement
… in July, we announced a change to the risk weights for mortgage exposures for those banks that are accredited to use … Committee. But we were comfortable moving ahead on the mortgage risk weight issue, given it was consistent with the … comparison study, July 2015. The Australian Prudential Regulation Authority (APRA) is the prudential regulator of …
Opening Statement to Senate Economics Legislation Committee - November 2022
… development that challenge business models and regulation, cyber threats, insurance affordability pressures, … we expect there to be pockets of stress from mortgage holders and other borrowers who find themselves … Optus Taskforce. APRA assisted in the development of a new regulation to allow Optus to share limited customer …
Opening Statement to Senate Economics Legislation Committee - June 2024
… Print Email John Lonsdale, Chair - Australian Prudential Regulation Authority My colleagues and I welcome the … geopolitical risks, continuing high inflation and elevated mortgage interest rates. Cost of living pressures remain a … APRA has responded to industry requests to ensure the regulation is effective and proportionate to the size and …
Opening Statement to Senate Economics Legislation Committee - November 2024
… Print Email John Lonsdale, Chair - Australian Prudential Regulation Authority Thank you for the opportunity to … remains strong and stable, benefiting from prudential regulation and policy settings reviewed and enhanced over … continue to review settings of the tools including the mortgage serviceability buffer and the counter-cyclical …
Sound lending standards and adequate capital: preconditions for long-term success
… APRA has, for example: increased the level of analysis of mortgage portfolios, including regular review of detailed … to their oversight of the evolving risks in residential mortgage lending; issued a prudential practice guide (APG … the borrower’s characteristics). The Australian Prudential Regulation Authority (APRA) is the prudential regulator of …
Financial regulation and financial sector evolution: Looking ahead
… Breadcrumb Home Search Content Speeches Financial regulation and financial sector evolution: Looking ahead … with the qualifying criteria. These assets are residential mortgage-backed securities (RMBS) with a long-term credit … Cape Town, 24 January 2013. The Australian Prudential Regulation Authority (APRA) is the prudential regulator of …
Opening Statement to the House of Representatives Standing Committee on Economics - October 2024
… Print Email John Lonsdale, Chair - Australian Prudential Regulation Authority Thank you for the opportunity to … maintain the current macroeconomic settings including the mortgage serviceability buffer at 3 percentage points and the … manage the risks of the future. The Australian Prudential Regulation Authority (APRA) is the prudential regulator of …
APRA releases quarterly authorised deposit-taking institution statistics for March 2019
… 19 June 2019 Print Email The Australian Prudential Regulation Authority (APRA) has released the Quarterly … interpreting the statistics to monitor sound residential mortgage practices. Please refer to the Important Notice in … card institutions. Statistics The Australian Prudential Regulation Authority (APRA) is the prudential regulator of …
Opening Statement - October 2009
… economic downturn but asset quality remains solid overall. Mortgage lending portfolios in particular continue to show … UK banks and one-tenth that for US banks. The quality of mortgage lending portfolios would, of course, be tested if … Supervision, the global standard-setting body for banking regulation. I have now attended my first two Basel Committee …
APRA Chair Wayne Byres - Speech to the Financial Review Banking Summit 2022
… And those trends have occurred during a time in which regulation has been strengthened – prima facie, it has not … the number of mutuals, the share of industry assets (and mortgage lending, their primary product) held by the mutual … and interest rates will have a significant impact on many mortgage borrowers, with pockets of stress likely, …