Regulatory & Government

Financial services product disclosure laws have failed to protect consumers as intended, a study by the Australian Securities and Investments Commission has found...

The Insurance Council of Australia has submitted proposals to avert “significant consumer detriment” it believes could arise from the draft Product Design and Distribution Obligations Regulations...

More financial details over how an insurer performed can be expected when the International Accounting Standards Board’s new IFRS 17 rule kicks in, according to global audit firm EY...

Local councils in NSW have voted to declare a climate emergency and will urge state and federal governments to develop climate risk standards, such as providing more renewable energy for all new infrastructure and property projects...

The Office of the Australian Information Commissioner is seeking feedback over its draft Privacy Safeguard Guidelines...

The Insurance Council of Australia says the NSW Government’s draft Design and Building Practitioners bill may not ease the insurance problem facing the construction industry...

The Victorian Government has pledged to chase “dodgy building practitioners” through the courts on behalf of owners of apartments covered in combustible cladding...

NSW state insurer icare has pledged to work closely with partners to improve return to work under its workers’ compensation scheme...

Enforcement action by the Australian Securities and Investments Commission was “significantly increased and accelerated” in the 2019 fiscal year, the regulator reveals in its latest annual report...