Skip to main content
Financial Assistance Hub

APRA consultation on zero and negative interest rates

20 August 2021

Given the uncertainties arising from the COVID-19 pandemic and the related economic impacts, the ABA understands the importance of ensuring systemic stability and preparedness of members for a range of risks, including a zero or negative cash rate.

The ABA considers the timing of the development of solutions by 30 April 2022 may be insufficient given the impact that these solutions would have to ADI core banking systems, processes and potential amendments to product terms and conditions.

Download PDF  

Latest articles

Australia’s evolving capital markets: A discussion paper on the dynamics between public and private markets
1 May 2025

The ABA thanks ASIC for the opportunity to comment on its discussion paper on the dynamics between public and private markets.

Read more
Clarifying the Treatment of HELP Debt Obligations APRA
20 March 2025

The ABA welcomes APRA providing clarity on the proposed targeted changes for Higher Education Loan Program (HELP) debt obligations and the constructive approach it is taking on this consultation.

Read more
APRA Discussion Paper – A More Effective Capital Framework For A Crisis
8 November 2024

The ABA welcomes APRA’s consultative approach to the potential impacts of the proposed replacement of AT1 capital with higher amounts of CET1 and Tier 2 capital under APRA’s prudential framwork in Australia.

Read more
1 / 3