Coronavirus (COVID-19) updates from the Australian Government

Banking and finance

The Treasury promotes competitive, efficient markets that work for the good of consumers and investors, a secure financial system and sound corporate practices, and foreign investment consistent with Australia's national interests. This includes regulatory reforms to improve the resilience of the financial system, innovation and consumer outcomes and participation in regional and international forums, such as G20 summits.

Consultations

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Open
On 4 May 2021, the Government announced its intention to establish a reinsurance pool for cyclones and related flood damage, to commence from 1 July 2022 and be backed by a $10…
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Closed
This paper, seeks submissions on the proposed financial institutions supervisory levies for the 2021-22 financial year. The financial industry levies are set to recover the operational costs of APRA…
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Closed
The attached exposure draft Bill and Regulations, and supporting explanatory materials cover proposed minor and technical amendments to the Treasury portfolio laws. The community’s views are sought…
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