Q+A: What keeps the chair of APRA awake at night?
Published September 14, 2026
Australia has a strong and resilient financial system. But the regulator responsible for keeping it that way is increasingly focused on what happens when several major risks hit at once — a scenario APRA describes as a “polycrisis”.
Sean Aylmer speaks with APRA Chair John Lonsdale about the risks facing banks, insurers and super funds holding more than $10 trillion on behalf of Australians. They discuss AI and cyber threats, vulnerabilities created by shared technology providers, housing and household debt, and APRA’s push to reduce unnecessary regulation without compromising financial stability.
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