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Australian Prudential Regulation Authority logo

Australian Prudential Regulation Authority

Est. 1998 , became APRA in 1999
AustraliaGovernment Agency

About Australian Prudential Regulation Authority:

APRA is a government agency responsible for regulating and supervising the financial institutions in Australia. According to this search result, the Dutton Coalition Government plans to reform APRA to promote home ownership. The current system under Labor has been criticized for locking too many Australians out of home ownership, despite being able to afford a mortgage. APRA plays a crucial role in maintaining the stability and integrity of the Australian financial system by regulating banks, credit unions, life insurance companies, superannuation funds, and other financial institutions.

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  • APRA is a government agency responsible for regulating and supervising the financial institutions in Australia
  • According to this search result, the Dutton Coalition Government plans to reform APRA to promote home ownership
  • The current system under Labor has been criticized for locking too many Australians out of home ownership, despite being able to afford a mortgage

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