Pricing watchdog to monitor NSW insurance levy shift
13 May 2024
The NSW pricing tribunal will monitor premiums during the proposed move away from the emergency services levy, to ensure insurers are not overcharging...
Regulatory & Government
Insurance a bum note for gig organisers, inquiry finds
13 May 2024
Access to affordable insurance is a critical factor in easing the strain on Australia’s live music scene, according to an interim report from a Senate inquiry into the National Cultural Policy...
NZ ombudsman hails ‘overdue’ disclosure overhaul
13 May 2024
Planned changes to New Zealand’s insurance laws, including the duty of disclosure regime, will lead to better consumer protections, according to industry ombudsman Karen Stevens...
Supplies panel ‘to speed emergency responses’
13 May 2024
The National Emergency Management Stockpile has established a standing offer panel aimed at speeding access to equipment and services during disasters...
Canberra names next information commissioner
13 May 2024
Elizabeth Tydd will take over as national information commissioner at the end of incumbent Angelene Falk’s term...
Funds kick off new recovery phase for disaster-hit Queensland
13 May 2024
The Queensland and federal governments have announced a $112 million disaster relief package to support recovery efforts following December’s wet weather...
Netstrata regulatory review under way
06 May 2024
Strata management agency Netstrata says a regulatory review of its operations following media scrutiny begins today and will take five to six weeks...
RBNZ fears ‘insurance retreat’ amid risk pricing shift
06 May 2024
The Reserve Bank of New Zealand warns action is needed now to avert insurance affordability and availability issues resulting from the rising uptake of risk-based pricing...
‘No more guesswork’: NZ reforms shift disclosure onus to insurers
06 May 2024
The New Zealand Government has tabled a bill proposing insurance disclosure duty reforms to give consumers more protection, Commerce and Consumer Affairs Minister Andrew Bayly says...
State sets date for killer stone ban
06 May 2024
The Queensland Government has confirmed an engineered stone ban will begin on July 1, in accordance with national guidelines...
Regulator ‘has not taken eye off the ball’
06 May 2024
Australian Securities and Investments Commission Chair Joe Longo says the regulator is “an active and effective litigator” holding to account “those that we allege have broken the law in lower courts and in superior courts”...
SIRA ‘driving accountability’ with workers’ comp stats
06 May 2024
The State Insurance Regulatory Authority has published workers’ compensation statistics under a push for performance improvement across the NSW schemes...
Regulator outlines fix for public sector workers’ comp failings
29 April 2024
The State Insurance Regulatory Authority has proposed actions to improve the performance of the NSW public sector workers’ compensation scheme, after a review found extensive failings...
Businesses urged to act now on climate disclosure
29 April 2024
Corporate Australia should start preparing for incoming climate disclosure laws, Australian Securities and Investments Commission Chair Joe Longo says...
Queensland to strengthen flood warning indicators
29 April 2024
Queensland local government areas hit hardest by the 2022 floods will receive funding to upgrade warning indicators such as cameras, rainfall and river height gauges, and sensors...
Council guilty over childcare worker’s injury claim delay
29 April 2024
A council in Melbourne’s north has been sanctioned after pleading guilty to failing to lodge an early childhood educator’s compensation claim for injury benefits within 10 days of receipt...
Industry questions language in FAR rules
29 April 2024
Insurers have raised concerns over the Financial Accountability Regime that will apply to the industry from March 15 next year...
APRA consults on insurance data changes
29 April 2024
The Australian Prudential Regulation Authority has opened a consultation on proposed changes to its quarterly statistical publications for general, life and private health insurance...
Victoria launches return to work program
29 April 2024
The Victorian Government has launched an initiative to support rehabilitation of injured workers and encourage safe practices in workplaces...
Watchdog challenges ruling on Auto & General contract clause
22 April 2024
The Australian Securities and Investments Commission will appeal after the Federal Court last month dismissed its unfair contract terms proceedings against insurer Auto & General...