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pc nid 93479 Jun 25, 2026 kgurnani@vixio.com Australia Federal Register of Legislation horizon scanning
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Australia's Prudential Regulation Authority Determines Supervisory Levies for Financial Institutions

On June 23, 2026, the Australian Prudential Regulation Authority (APRA) published the Australian Prudential Regulation Authority Supervisory Levies Determination 2026, which sets out the supervisory levy obligations for regulated entities across multiple financial sectors. The determination applies to authorised deposit-taking institutions, life insurance providers, general insurance providers, superannuation funds, retirement savings account providers, private health insurers, and authorised non-operating holding companies. APRA uses supervisory levies to recover the costs of regulating these entities and maintaining prudential oversight of the financial system. The levies are imposed under eight separate legislative instruments: the Australian Prudential Regulation Authority Act 1998, the Private Health Insurance Supervisory Levy Imposition Act 2015, the Retirement Savings Account Providers Supervisory Levy Imposition Act 1998, the General Insurance Supervisory Levy Imposition Act 1998, the Authorised Deposit-taking Institutions Supervisory Levy Imposition Act 1998, the Life Insurance Supervisory Levy Imposition Act 1998, the Superannuation Supervisory Levy Imposition Act 1998, and the Authorised Non-operating Holding Companies Supervisory Levy Imposition Act 1998. The determination came into force on June 23, 2026, and is administered by the Department of the Treasury. Regulated entities should review the determination to understand their specific levy obligations for the relevant financial year. The legislative instrument and accompanying explanatory statement are available on the Federal Register of Legislation website. REFERENCES: Federal Register of Legislation. Australian Prudential Regulation Authority Supervisory Levies Determination 2026. Available at: https://www.legislation.gov.au/

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Australian Prudential Regulation Authority Releases Supervisory Levies Determination 2026

On June 23, 2026, the Australian Prudential Regulation Authority Released the Supervisory Levies Determination 2026. It sets the APRA supervisory levy amounts and calculation rules for the 2026–27 financial year, starting 1 July 2026. It also repeals the 2025 determination. The determination applies to Authorised Deposit-taking Institutions (ADIs), including banks, foreign ADIs, and ADI providers of purchased payment facilities, among other types of entities. Key features of the determination are: 85.2% of levy money paid to APRA is credited to the APRA Special Account. For Commonwealth costs, most levy classes are set at nil, except the superannuation supervisory levy, where A$44m is payable to the Commonwealth. For ADIs, the minimum restricted levy is A$22,500. The maximum restricted levy is: A$1.7m for foreign ADIs. A$1.7m for ADI providers of purchased payment facilities. A$8.5m for other ADIs. A$1.7m for foreign ADIs. A$1.7m for ADI providers of purchased payment facilities. A$8.5m for other ADIs. Authorised non-operating holding companies pay a fixed levy of $45,000. The levy base is generally calculated by reference to reported assets or relevant reporting standards.