Corporate Details

Nurses First is a division of Police & Nurses Credit Society in Western Australia.

Registered Address Details

Police & Nurses Credit Society Ltd

246 Adelaide Tce

Perth WA 6000

Phone: 13 25 77

Email: info@nurses1st.com.au 

ABN 69 087 651 876

AFSL 240701

Auditor details

We use the services of the following company for auditing purposes.

External Auditor: PricewaterhouseCoopers

Prudential Reporting Requirements

All financial institutions, whether a bank, building society or credit union, are regulated in the same way by the Australian Prudential Regulation Authority (APRA), under the same laws and prudential standards.

APRA commenced operation in 1999 following the recognition by the federal government of a need to establish a stronger regulatory regime in Australian financial services. As a prudential regulator, APRA sets standards for the prudent management of financial institutions in Australia, to ensure adequate financial and managerial capability.

One of the key prudential standards is Capital Adequacy. As at 30 June 2004, Police & Nurses achieved a Capital Adequacy Ratio of 14.92% - well in excess of the 8% minimum requirement for banks, building societies and credit societies in Australia.