Regional banks face profitability threats from APRA's proposed liquidity standards, which critics argue may increase big four banks' dominance.
Mutual banks, credit unions, and customer-owned banks in regional areas face profitability threats from new liquidity standards proposed by Australia's prudential watchdog, APRA. The proposed changes aim to prevent bank collapses, but critics, including Queensland MP Garth Hamilton, warn they will increase the lending dominance of the big four banks, placing further stress on an already vulnerable regional banking sector.
June 09, 2024
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