APRA stories
Rising scrutiny over boardroom rewards has not curbed ASX 200 CEO pay, which climbed to AUD $5.2 million as long-term incentives grew.
Boards are being warned that recovery from cyberattacks often takes weeks, not days, under mounting pressure from regulators and customers.
Tighter Australian resilience rules are pushing firms to embed governance into agentic AI before expanded access and autonomy raise compliance risk.
Most financial firms using AI still lack proper risk checks, prompting fresh guidance as regulators warn oversight is lagging.
Local hosting in Sydney eases compliance worries for Australian firms using AI tools that may expose prompts, code and credentials.
New customers can earn an introductory 5.50% savings rate for three months on balances up to AUD $100,000 without deposit or card-spend conditions.
Manufacturers supplying banks and other regulated firms face tougher contract demands on resilience, cyber risk and continuity as CPS 230 beds in.
The hire strengthens the provider's push into regulated finance as banks and insurers face tougher security, resilience and governance demands.
Average cybercrime losses for large Australian businesses jumped as AI-enabled attacks became a bigger worry than privacy for many boards.
Australia-based customers will soon get savings accounts and a credit card as Revolut commits nearly AUD $400 million to its local banking push.
Banks and insurers are scrambling for scarce regulatory experts as deadlines bite, even after cutting about 8,000 permanent roles this year.
Poorly governed AI agents could trigger outages, compliance breaches and boardroom liability as Australian firms rush to deploy them.
Customers at Bank of Sydney should see faster payments and more self-service after its core banking systems moved to AWS.
Mortgage brokers face mounting breach and fraud risks as attackers exploit SMS codes to reach high-value client data, experts warn.
Australian firms could be losing value and facing security risks as idle decommissioned devices wipe away recovery value and add labour costs.
Boards and regulators are being urged to prove critical services can hold up as frontier AI speeds attacks and shortens response times.
New checks could help firms prove AI decisions match qualified experts, as regulators and boards face rising scrutiny over automated calls.
Travel and banking customers could see faster resolutions as enterprises shift AI from answering queries to completing tasks end to end.
Rising use of digital payments is forcing fintechs to tighten controls as executives warn that weak access, AI and fraud defences are exposing customers.
Weak public trust and tighter oversight are pushing Australian and New Zealand firms to add live AI security controls before systems go into production.
