House debates

Wednesday, 18 June 2008

Appropriation Bill (No. 1) 2008-2009

Consideration in Detail

5:48 pm

Photo of Chris BowenChris Bowen (Prospect, Australian Labor Party, Assistant Treasurer) Share this | Hansard source

APRA is an organisation which answers to both the Treasurer and me, meets regularly with us and updates us on its views in relation to the strength of the Australian financial and monetary system. Certainly, the advice APRA has given both the Treasurer and me is that the fundamentals of the Australian financial system are robust and it has have no concerns about any institution in particular at this point.

As relates to what APRA actually publish, I imagine that, if they publish it, it would be on the public record. I am happy to check that while the honourable member is asking his next question and, if I can, advise him during the night as to exactly what APRA do release or, alternatively, to take on notice the full details of what APRA do release. As I say, what they release is on the public record.

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