Revocation of authority to carry on banking business 2025 – Auswide Bank Ltd

 Banking Act 1959                                        

To: Auswide Bank Ltd ABN 40 087 652 060 (the body corporate) SINCE:

1.             the body corporate, by notice in writing to APRA, has requested the revocation of its section 9 authority to carry on banking business in Australia (the authority); and
2.             I am satisfied that the revocation of the authority would not be contrary to the national interest or the interests of depositors of the body corporate,

I, Jane Magill, a delegate of APRA, under subsection 9A(1) of the Banking Act 1959 (the Act), REVOKE the authority.

This instrument commences on the day it is made. Dated: 11 December 2025

Jane Magill Executive Director

General Insurance and Banking Division

Interpretation

In this instrument:

APRA means the Australian Prudential Regulation Authority.

banking business and section 9 authority have their respective meanings given in subsection 5(1) of the Act.

Notes

APRA is required to publish notice of the revocation in the Gazette, and may also publish notice of the revocation in other ways