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."
