Modern bank building with sunrise

Bank Hybrids to be phased out to ensure financial stability

What used to be a reliable source of income for investors will no longer be an option due to the Australian Prudential Regulation Authority (APRA) deeming them not risky enough. As a result, they have called time on bank hybrids.Bank hybrids were a product that were introduced in the early 90’s as a way for … Continued