This position was opposed by artists  and APRA members. The funding will be used to improve data collection so it can co-operate better with other agencies, and to employ extra supervisors. Mr Byres also said remuneration and incentives at financial institutions would face further scrutiny.
Hilltop Hoods Initiative[ edit ] In a newsletter, released on 4 December , by Australian hip hop trio, the Hilltop Hoods , the group communicated the following announcement: It is also demanding to be consulted on the appointment of the next Governor-General with Sir Peter Cosgrove's replacement scheduled to be announced before the election. Commissioner Kenneth Hayne said there was no point introducing new laws against misconduct when the current ones were not being enforced. It will also be used to fund APRA's review of its enforcement strategy and the better use of its enforcement powers. In and , APRA supported aggressive new copyright law in New Zealand, including punishment of persons accused but not proven to be infringing copyright. In New Zealand, the annual Silver Scroll is awarded by an anonymous judging panel to the year's best-written song on commercial release. The funding will be used to improve data collection so it can co-operate better with other agencies, and to employ extra supervisors. View all announcements "In addition to pursuing a broad agenda to build resilience across the industries it supervises, APRA has been undertaking careful and targeted interventions in the housing market and implementing the new Banking Executive Accountability Regime [BEAR]," he said. The prudential regulator, APRA, never went to court," he said. The Australian Federation of Commercial Broadcasting Stations was established in that year to resolve royalty and copyright related issues and as a result, member broadcasters agreed to pay a fixed sum for broadcasting rights. The interim report of the Hayne commission was far more scathing of the Australian Securities and Investments Commission's failures to stop bad behaviour in the financial services sector but APRA also came in for criticism. Also awarded are the songs receiving the most airplay in New Zealand and overseas for the year. This position was opposed by artists  and APRA members. Aimed at helping fund the manufacturing and marketing of an album release, the grant is open to any act who hasn't yet released anything professionally. Mr Byres also said remuneration and incentives at financial institutions would face further scrutiny. Applications will open in early along with details on how to enter. Mr Byres told a Senate Estimates hearing last month his new deputy John Lonsdale would conduct the review of APRA's enforcement policies, such as utilising court-based sanctions. Being a prudential regulator, we have traditionally focused on the potential for poor incentives to impact on the long-term financial soundness of the financial institution," Mr Byres said at a Senate estimates hearing. Mr Lonsdale told the hearing: Labor is already angry Phil Gaetjens, the former chief of staff to Scott Morrison, was recently appointed Treasury secretary and has threatened to revoke Mr Gaetjens' tenure should it win the next election.
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