APRA REFINES PROPOSED CHANGES TO THE CAPITAL FRAMEWORK OF LONGEVITY PRODUCTS

SYDNEY, Oct. 29 -- Australian Prudential Regulation Authority issued the following media release: The Australian Prudential Regulation Authority (APRA) has commenced a second round of consultation on modifications to its capital framework for longevity products, including annuities. The changes are designed to create an environment that supports the development and availability of longevity products for Australian retirees, while safeguarding policyholder interests. In June 2025, APRA released...


OPENING REMARKS ASEAN-AUSTRALIA SUMMIT

CANBERRA, ACT, Oct. 28 -- The Prime Minister of Australia issued the following media release: Thank you, Prime Minister Anwar, for hosting this 5th annual ASEAN-Australia Summit and for your generous hospitality as the ASEAN Chair this year. Australia and Malaysia are great friends. As we celebrate 70 years of diplomatic relations, we can reflect on the remarkable partnership that exists between our two nations. Across trade and tourism, our education sector and our growing business to busin...


CRIMINALS TARGET CONSTRUCTION SECTOR WITH BUSINESS EMAIL COMPROMISE SCAMS

CANBERRA, ACT, Oct. 28 -- Australian Federal Police issued the following media release: This is a joint media release between the AFP, NSWPF, SAPOL, TASPOL and QPS. Editor's note: A factsheet and audio grabs from AFP spokesperson is available via Hightail. Criminals are weaponising vulnerabilities in Australia's construction industry to steal millions of dollars via Business Email Compromise (BEC) scams. AFP Assistant Commissioner Cyber Command Richard Chin said the AFP was tracking a concer...


MAN CHARGED WITH UPSKIRTING ALSO FOUND WITH STOLEN ITEMS

Belconnen, ACT, Oct. 28 -- ACT Policing issued the following media release: A 24-year-old man from Ngunnawal has been charged with attempting to take intimate images without consent, failing to stop for police and possessing stolen property after police executed a search warrant earlier at his residence today. About 2:30pm on Friday, 3 October (2025), police conducting routine patrols in Gungahlin sighted a man riding an electric scooter without a helmet, while subsequently carrying a second e...


ALCOHOL AND DRUG AFFECTED MOTORCYCLE RIDER CHARGED AFTER COLLISION

Belconnen, ACT, Oct. 28 -- ACT Policing issued the following media release: A 33-year-old Chisholm man will be charged after crashing his motorcycle while allegedly under the influence of drugs and alcohol in Calwell last month. About 10pm on 21 September, 2025, police were called to the intersection of Webber Crescent and Were Street in Calwell and located a damaged motorcycle resting on the side of the road. Ten minutes later, police located the rider, who had fled the scene following the c...


MAN CHARGED WITH FAMILY VIOLENCE OFFENCES

Belconnen, ACT, Oct. 28 -- ACT Policing issued the following media release: A 37-year-oldGreenway man has been charged with family violence offences after he allegedly assaultedhis wife and childlast night. About 6.00pm yesterday (Monday 27 October 2025) the 37-year-old manallegedlyassaultedhis wife. Theirchildallegedlywitnessedtheincidentandattemptedtointervene.The man hasthen allegedlyphysicallyassaultedthe childas well asthreateningtostrangle andkill her. The wife intervened andthe man al...


FITCH REAFFIRMS AAA CREDIT RATING

CANBERRA, ACT, Oct. 28 -- The Treasurer of Australia issued the following media release: Global ratings agency Fitch has reaffirmed Australia's triple‑A credit rating. This is another powerful endorsement of Labor's responsible economic management. We've made a lot of progress together on the economy and that progress has been acknowledged by the big ratings agencies. It shows that under the Albanese Government, Australia has one of the best budgets in the G20. In its latest report, F...


PRODUCTIVITY COMMISSION INQUIRY INTO REGIONAL AIRFARES

CANBERRA, ACT, Oct. 28 -- The Treasurer of Australia issued the following media release: Today the Albanese Government released the terms of reference for the Productivity Commission Inquiry into key factors that determine regional airfares. Regional Australians deserve reliable air services at reasonable prices and that's what this review is about. That's why in response to the Aviation White Paper, we tasked the Productivity Commission to look at regional airfares, including competition, pr...


BACKING AUSTRALIAN COMPANIES TO EXPAND INTO SOUTHEAST ASIA

CANBERRA, ACT, Oct. 27 -- The Prime Minister of Australia issued the following media release: The Albanese Government has today announced two milestone investments to boost Australia's economic engagement with Southeast Asia, supporting new opportunities for Australian investors and businesses. The Government will invest AUD$175 million in IFM Investors' Asia-Pacific Debt Fund and USD$50 million in a new Southeast Asia Public-Private Partnership (PPP) investment fund established by Australian ...


TIMOR-LESTE'S ACCESSION TO ASEAN

CANBERRA, ACT, Oct. 27 -- The Prime Minister of Australia issued the following media release: Australia warmly congratulates Timor-Leste on its accession as the 11th member of the Association of Southeast Asian Nations (ASEAN). Prime Minister Anthony Albanese marked the occasion with Prime Minister Xanana Gusmão and ASEAN leaders at the 47th ASEAN Summit in Kuala Lumpur. This is an important milestone for ASEAN and a significant step for Timor-Leste's regional integration and economic de...