pc
nid 92750
May 26, 2026
kgurnani@vixio.com
Australia
The Treasury
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1474 charsAustralia's Treasury Opens Consultation on Financial Institutions Supervisory Levies for 2026–27
On May 24, 2026, Australia's Treasury opened a consultation on proposed financial institutions supervisory levies for the 2026–27 financial year. The Australian Prudential Regulation Authority (APRA) collects these levies to recover its operational costs and specific costs incurred by Commonwealth agencies, including the Australian Taxation Office and Treasury.
The consultation seeks stakeholder views on the proposed levy structure for the upcoming financial year. APRA uses supervisory levies to fund its regulatory activities across the financial services sector, including prudential supervision of banks, insurers, superannuation funds, and other regulated entities. The levies represent a key mechanism through which APRA recovers the costs of its supervisory functions and related Commonwealth agency expenses. Treasury prepared this consultation paper in conjunction with APRA to ensure comprehensive stakeholder engagement on the proposed levies.
Interested parties must submit responses through the Treasury's consultation website. The Treasury recommends that respondents review the supporting discussion paper and submission guidelines before preparing their responses. Submissions should be prepared in Word (DOCX or RTF) format, with PDF files accepted as an alternative. The consultation closes on June 14, 2026. For further information or technical assistance with submissions, stakeholders can contact the Treasury at supervisorylevies@treasury.gov.au.
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1681 charsAustralia's Treasury Opens Consultation on Financial Institutions Supervisory Levies for 2026–27
On May 24, 2026, Australia's Treasury opened a consultation on proposed financial institutions supervisory levies for FY 2026–27, which are intended to recover the costs of financial system regulation and supervision. The paper explains how levy funding will be collected from APRA-regulated industries and how those costs are allocated across different sectors.
The document applies to authorised deposit-taking institutions (ADIs) and other insurers and superannuation entities.
Key themes in the consultation paper include:
Breakdown of the levy structure into several components, including: a restricted levy component, an unrestricted levy component, and specific sector-based supervisory levies.
Provision of regulatory costs for 2026–27, proposed levy rates, minimum levy amounts, maximum levy caps, and the methodology used to determine each entity’s contribution.
Outline of proposed levy increases and decreases across sectors compared with the previous year, reflecting changes in supervisory intensity, shifts in regulatory priorities, inflation and staffing costs, and changes in the number or size of regulated entities.
Detailed estimates of APRA departmental expenditure, costs attributed to each industry segment, costs of enforcing prudential standards, and recoverable expenses from related government functions.
Detailed estimates of projected revenue recovery, sector-by-sector levy allocations, statutory caps, rates applied to levy metrics, and estimated costs, attributable to restricted and unrestricted components.
The government is inviting submissions from industry stakeholders on the proposed levy settings by June 14 on the Treasury website .