Regulatory & Government
02 October 2023
Australia’s inaugural National Disaster Preparedness Summit wrapped up last week in Canberra as the country gets ready for the bushfire season, one that has been forecasted to be more fiery than the last few years because of El Nino...
02 October 2023
The Reserve Bank of New Zealand has released a full set of legislative proposals, which include introducing a breach reporting regime and a wider range of enforcement tools, as it looks to become a more proactive insurance regulator...
25 September 2023
The Australian Government says it has coordinated assistance for law firm HWL Ebsworth for 16 weeks after it reported a cyber-incident in May that compromised the data of hundreds of motor injury insurance claimants, as well as a large number of private sector clients and 65 public entities...
25 September 2023
The Insurance Council of Australia says last week’s NSW state budget was a “missed opportunity” to cut insurance taxes and encourage greater uptake of cover...
25 September 2023
The New Zealand Government will provide $15 million to help raise 200 homes at risk of flooding for the North Island coastline community of Tairawhiti Gisborne...
25 September 2023
The Australian Prudential Regulation Authority has given insurers a four-week extension to submit insurance data for the September and December quarters...
18 September 2023
Insurance Council of Australia representatives will join Federal Assistant Treasurer Stephen Jones in London and Munich this week in a high-level dialogue with global sector leaders described as the first of its kind...
18 September 2023
The Insurance Commission of WA says it is working with just over 300 motor injury insurance claimants affected by a cyber attack earlier this year...
18 September 2023
NSW state-owned insurer icare says six claims service providers are now supporting workers and employers following changes announced last year to expand choice and improve the performance of the scheme...
18 September 2023
There were 409 notifications of data breaches lodged in Australia in the six months to June, the Office of the Australian Information Commissioner says, down 16% from 486 in the corresponding period a year earlier...
18 September 2023
The Australian Securities and Investments Commission will host this year's forum and annual dinner on November 21-22 at the Sofitel Melbourne on Collins...
11 September 2023
Federal Treasury says it is looking at which natural hazard definitions are most in need of standardisation and has flagged future public consultations...
11 September 2023
The Financial Accountability Regime, the last final major Hayne royal commission recommendation, is set to commence after securing passage in the Senate last week...
11 September 2023
The SA Government expects to start consultation soon on ways to strengthen the state’s builders’ warranty insurance scheme after the collapse of construction firms exposed cracks in the current setup...
11 September 2023
The NSW Government has announced an additional $115 million investment to the NSW Reconstruction Authority...
11 September 2023
Australian Prudential Regulation Authority-regulated entities are making efforts to improve remuneration practices, according to a review by the regulator...
11 September 2023
A sample review of 29 New Zealand-regulated entities including insurers has found a number of good governance practices as well as some that were below expectations...
11 September 2023
The NZ Government has announced it will provide buybacks for a small group of homeowners within the Nelson region, pending an agreement with the local council...
04 September 2023
Federal and state governments will hold an inaugural two-day National Bushfire Preparedness Summit this month as weather forecasters warn this summer will likely be drier and hotter, raising the risk of fires breaking out...
04 September 2023
The Australian Securities and Investments Commission will focus on technology risks and design and distribution practices as part of strategic priorities, the regulator’s latest corporate plan says...