APRA AND RBNZ COMPLETE JOINT BANK STRESS TEST TO PROMOTE TRANS-TASMAN RESILIENCEAPRA AND RBNZ COMPLETE JOINT BANK STRESS TEST TO PROMOTE TRANS-TASMAN RESILIENCE

SYDNEY, Oct. 15 -- Australian Prudential Regulation Authority issued the following media release:

The Australian Prudential Regulation Authority (APRA) and the Reserve Bank of New Zealand - Te Pūtea Matua (RBNZ) have completed the 2026 Trans-Tasman Stress Test, their first joint stress testing exercise since 2017.

In conducting the stress test jointly, APRA and RBNZ sought to enhance cross-border regulatory collaboration in support of financial stability while also reducing regulatory burden for participating banks.

The results indicate the banking systems would remain resilient through a severe downturn in both economies. Notwithstanding substantial loss levels and pressure on capital and liquidity, banks continued to support house...