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Australian Prudential Regulation Authority

(APRA)
Treasury
The Australian Prudential Regulation Authority (APRA) is the prudential regulator of the Australian financial services industry. It oversees banks, credit unions, building societies, general insurance and reinsurance companies, life insurance, friendly societies, and most of the superannuation industry. APRA is funded largely by the industries that it supervises. It was established on 1 July 1998. APRA currently supervises institutions holding $4.5 trillion in assets for Australian depositors, policyholders and superannuation fund members.
Appropriations 668916000
Departmental expenses 227822000
Average staffing level 831

Sections

Further information

  • Type of Body

    A. Non Corporate Commonwealth Entity

  • GFS Sector Classification

    GGS

  • Established By / Under

    Act / Regulation

  • Established By/Under More info

    Australian Prudential Regulation Authority Act 1998

  • Annual Report Prepared and tabled?

    Yes

  • Classification

    A. Principal

  • GFS Function / Sector Reported

    GGS

  • Materiality

    Material

  • Auditor

    ANAO

  • Creation Date

  • Postal Address

    GPO Box 9836, Sydney NSW 2001

Enquiry Lines

Title Phone Number Hours of Operation Description
Australian Prudential Regulation Authori 1300 558 849 APRA is the prudential regulator of financial institutions.
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