SYDNEY, May 29 -- Australian Prudential Regulation Authority issued the following media release: The Australian Prudential Regulation Authority (APRA) has released its suite of quarterly industry aggregate insurance statistical publications for the March 2026 quarter. These publications are available on the APRA website from the below links: * Quarterly general insurance performance statistics;* Quarterly life insurance performance statistics;* Quarterly private health insurance performance s...
CANBERRA, ACT, May 28 -- The Treasurer of Australia issued the following media release: Today, the Albanese Government is introducing legislation to deliver more tax cuts for Australian workers and tax reform to help more Australians own a home of their own. This is all about helping more Australians get ahead and backing the Australian ambition of home ownership. For too long it's been too hard for Australians, particularly younger Australians, to buy a home of their own and this government ...
CANBERRA, ACT, May 28 -- The Treasurer of Australia issued the following media release: New figures released by the ABS today show private sector investment is soaring under the Albanese Labor Government. Capital expenditure has far exceeded market expectations, with billions more being poured into productive investments. This is good news for Australian businesses and good news for our economy. New private capital expenditure (capex) grew very strongly at 6.5percent in the March quarter - m...
CANBERRA, ACT, May 28 -- Australian Federal Police issued the following media release: The AFP has charged a Darwin teenager over alleged possession and online transmission of violent extremist material promoting nationalist ideology. The youth, 16, is expected to appear in the Youth Justice Court in Darwin today (28 May, 2026) after he was charged yesterday (27 May, 2026). The AFP's National Security Investigations team (NSI) began an investigation in December, 2025, after a report was made ...
CANBERRA, ACT, May 28 -- Australian Federal Police issued the following media release: This is a joint release between AFP, Victoria Police and ASIOEditor's Note: Vision of the arrest is available via Hightail A Victorian woman who returned to Australia in September 2025 has been charged by the Victoria Joint Counter Terrorism Team (JCTT) for allegedly entering and remaining in a declared conflict zone and joining ISIS. The woman, 34, is expected to face Melbourne Magistrates' Court today (28...
SYDNEY, May 28 -- Australian Prudential Regulation Authority issued the following media release: The Australian Prudential Regulation Authority (APRA) will keep its macroprudential policy settings steady following its latest review of domestic and international financial conditions and risks. APRA's macroprudential policy tools are aimed at mitigating financial stability risks at a system-wide level to promote a safe and stable financial system that enables households and businesses to confide...
SYDNEY, May 28 -- Australian Prudential Regulation Authority issued the following media release: The Australian Prudential Regulation Authority (APRA) has released its Quarterly Superannuation Performance publication report for the March 2026 quarter. Key statistics for the superannuation industry as at 31 March 2026: -March 2025March 2026ChangeTotal superannuation assets$4,111.4 billion$4,437.9 billion+7.9%Total APRA-regulated assets$2,890.7 billion$3,141.1 billion+8.7%Total self-managed sup...
CANBERRA, ACT, May 28 -- The Prime Minister of Australia issued the following media release: PATRICIA KARVELAS, HOST: For more on all of this, I've got the Prime Minister, Anthony Albanese, in the studio with me. Welcome to the program. ANTHONY ALBANESE, PRIME MINISTER: Good morning - or good afternoon. KARVELAS: Yeah, we are now. PRIME MINISTER: It's been a long day. KARVELAS: It has. It feels like the morning still. We're very bright. The Nationals want you to go to an election. What is t...
CANBERRA, ACT, May 27 -- The Treasurer of Australia issued the following media release: New figures from the Australian Bureau of Statistics show that inflation moderated in April by more than expected. The moderation in today's figures was better than the median expectation of the market. While this tick down in inflation is welcome, it remains much higher than we'd like and that's why it's a big focus for the government. We already had an inflation challenge in our economy before the confl...
SYDNEY, May 27 -- Australian Prudential Regulation Authority issued the following media release: The Australian Prudential Regulation Authority (APRA) has confirmed plans to formally introduce a three-tiered approach to proportionality in its prudential framework for banking. The measure is one of a number of reforms APRA moved to introduce as part of its response to the Council of Financial Regulators' Review into Small and Medium-Sized Banks. The CFR review was undertaken in consultation wit...