The Treasurer has announced who will take over from Wayne Byres as chair of the Australian Prudential Regulation Authority. John Lonsdale, currently APRA’s deputy chair, will take on the role of APR
A number of new appointments have been made at the regulator. Current APRA deputy chair John Lonsdale will take over the role of chair at the prudential regulator from the end of the month following
As his term nears its end, the outgoing APRA chairman is confident the financial system remains sound and in good shape for his yet-to-be-named successor.
The industry body has called on Labor to remove the ability for SMSFs to use limited recourse borrowing arrangements, labelling them a systemic risk . More to come.