Australian Prudential Regulation Authority Member Suzanne Smith has reviewed the first-year impact of APRA’s Getting the balance right strategic objective and outlined what industry can expect next. Since introducing the objective, APRA has simplified requirements, reduced duplication and improved proportionality while maintaining its focus on financial safety and stability, consistent with its broader commitment to risk-based and proportionate prudential regulation.
2026-09-22Australian Prudential Regulation Authority
Australian Prudential Regulation Authority reviews first year of its Getting the balance right strategy
Australian Prudential Regulation Authority Member Suzanne Smith has reviewed the first year of APRA’s Getting the balance right strategy. APRA has simplified requirements, reduced duplication and improved proportionality without compromising financial safety and stability.