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Regulatory & Government

Victoria’s proposed WorkCover overhaul delayed 

11 December 2023

An upper house inquiry into the Victorian government’s WorkCover bill has been given the go ahead and an Economy and Infrastructure Committee will not report the findings until February 6...

Queensland advances Bundaberg flood levee plan 

11 December 2023

The Queensland Government says the Bundaberg East Levee project is a “step closer” to being delivered after it secured the required commencement approvals, with construction work expected to begin by early 2025...

CSLR transitional board names CEO    

11 December 2023

The Compensation Scheme of Last Resort Transitional Board has appointed David Berry as its inaugural CEO as it prepares to start operations next year...

RACQ makes $253 million provision for pricing remediation program 

04 December 2023

RACQ says it has “fully provisioned” for the expected cost of its ongoing pricing remediation program after the Federal Court last week penalised the motoring club’s insurance business for failing to deliver on premium discounts that had been promised to customers...

Government to issue ‘ransomware playbook’ 

27 November 2023

The Australian Government will create a “ransomware playbook” with clear guidance on how to manage ransom demands as part of a new long-term strategy to beef up the nation’s cyber security...

Indigenous complaints to AFCA increase 

27 November 2023

The Australian Financial Complaints Authority says the number of complaints made to the scheme by Aboriginal and Torres Strait Islander peoples rose 13% last financial year and there was a disproportionately high level of issues around hardship...

Federal Assistant Treasurer backs NSW ESL reform 

20 November 2023

Federal Assistant Treasurer and Financial Services Minister Stephen Jones says the NSW Government’s plan to remove the Emergency Services Levy from insurance policies is a long overdue reform...

Doubling of EQCover rolled through 

20 November 2023

A New Zealand law change that doubled the home building insurance cap under the EQCover scheme to $NZ300,000 has fully rolled through...