APRA report highlights super’s outsized role in times of crisis
In its newly released Systemic Risk Outlook report, the Australian Prudential Regulation Authority (APRA) has flagged rising financial system interconnectedness as a key risk area facing the domestic financial system, in particular highlighting the expanding role of superannuation. The regulator found that while the sector has traditionally acted as a stabiliser during shocks, its increasing size and deeper connections across the system - especially with...
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