15 August 2016
Insurers will be penalised if they engage in “prohibited” action to protect margins as NSW moves to a new emergency services funding regime by July 1 next year, the Emergency Services Levy Insurance Monitor warns…
15 August 2016
The Federal Government has warned airline passengers about the dangers of carrying loose lithium-ion batteries, after a carry-on bag caught fire on a plane at Sydney Airport…
08 August 2016
The Insurance Council of Australia has called for greater access to public data – but is less keen to share the industry’s own information…
08 August 2016
Consumer group Choice says plans to let fintech start-ups operate without financial services licences for their first six months would put consumers at risk…
08 August 2016
The Insurance Council of Australia will soon begin a trial in which insurers disclose the previous year’s premium in renewal letters…
08 August 2016
Authorities are investigating six potential breaches of the import ban on asbestos, as custom officials increase vigilance at border checkpoints…
08 August 2016
The Australian Prudential Regulation Authority has dismissed requests for more clarity in its supervision framework for insurance conglomerates…
08 August 2016
The Australian Securities and Investments Commission secured $13.4 million in compensation and remediation for consumers and investors in the six months to June 30…
08 August 2016
The Queensland Government aims to let constituents pursue class actions in local courtrooms, rather than having to go interstate…
01 August 2016
Independent senator Nick Xenophon has demanded tougher sentences, including jail, for people responsible for importing asbestos into Australia…
01 August 2016
The National Insurance Brokers Association has raised concerns about rules governing provision of information to NSW property insurance policyholders on the abolition of the emergency services levy…
01 August 2016
The Australian Securities and Investments Commission will maintain its zero-tolerance policy on activities that undermine faith in the financial markets, according to Chairman Greg Medcraft…
01 August 2016
The Australian Securities and Investments Commission has cancelled Edwards Benefits Advisors’ financial services licence…
01 August 2016
The New Zealand Government has called for submissions as part of a review of Financial Markets Authority funding…
25 July 2016
Kelly O’Dwyer retained responsibility for financial services in last week’s Federal Cabinet reshuffle…
25 July 2016
The Federal Government’s Department of Human Services has confirmed it is appealing a court ruling on funeral insurance that was criticised for allowing the continued exploitation of indigenous communities…
25 July 2016
The definition of “vehicle control” is a major issue as automated transport moves closer to mainstream adoption, the Insurance Council of Australia says…
25 July 2016
The Federal Government has introduced a mandatory safety standard for self-balancing scooters amid fears defective batteries, charging devices and circuitry pose a fire risk…
25 July 2016
Installing more weather stations in NSW would be of greater benefit to drought-hit farmers than offering subsidies for multi-peril crop insurance, a draft report has found…
25 July 2016
The International Association of Insurance Supervisors is seeking feedback on a new risk-based global capital standard for insurers…