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Banking, Government Federal

House Economics Committee to hear from APRA and ASIC

House of Representatives < 1 mins read

The House of Representatives Standing Committee on Economics will hold public hearings by videoconference on Friday, 25 October 2024 with representatives of the Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC).

The hearings are for the committee’s reviews of the APRA Annual Report 2023 and ASIC Annual Report 2023. The public hearings will be broadcast live at aph.gov.au/live.

The committee’s Chair, Dr Daniel Mulino MP, said that both regulators had given valuable evidence to the committee’s recent inquiries into flood insurance and economic dynamism, and the committee looked forward to exploring other important areas of their work.

“ASIC and APRA have crucial responsibilities supporting the stability and vitality of Australia’s markets and financial system,” he said.

“Both regulators have broad remits – particularly ASIC – and their performance has a huge impact on commerce and personal finance in this country. It is appropriate that they face regular parliamentary scrutiny, and this committee’s reviews of their annual reports are a part of that.”

More information about the reviews and upcoming public hearings are available on the committee’s website.

Public hearing details

APRA

Date: 25 October 2024
Time: 9.00am to 11.00am
Location: Videoconference

ASIC

Date: 25 October 2024
Time: 1.30pm to 3.30pm
Location: Videoconference

The public hearings will be broadcast live at aph.gov.au/live.

Media inquiries

Committee Chair
03 9070 1974
[email protected]

For background information

Committee Secretariat
02 6277 4587
[email protected]

For more information about this committee, visit its website. On the site, you can make a submission to the inquiry, read other submissions, and get details for upcoming public hearings. You can also track the committee and receive email updates by clicking on the blue ‘Track Committee’ button in the bottom right-hand side of the page.

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