04 September 2023
The Parliamentary Committee inquiry into insurers’ responses to last year’s floods has invited people affected by the natural disasters to share their experiences through an online survey...
04 September 2023
The Australian Prudential Regulation Authority has listed increased natural disaster frequency and severity as among its focus areas for the next four years...
04 September 2023
The Queensland Government will provide $3.3 million in funding for 10 coastal councils for projects to help protect against rising sea levels...
04 September 2023
The Australian Reinsurance Pool Corporation says the formal launch of the cyclone pool introduced a pivotal period for the organisation and refining the scheme’s operations across multiple functions is among key focus areas...
28 August 2023
The Australian Securities and Investments Commission has asked the Federal Court to impose financial penalties against IAG over alleged harm resulting from home insurance loyalty discount representations that it says were misleading...
28 August 2023
Suncorp has warned in an appeal to the Australian Competition Tribunal over the blocked sale of its bank to ANZ that a proposed investment in a Queensland disaster recovery centre would not be possible to the same extent if the deal doesn’t proceed...
28 August 2023
The NSW State Insurance Regulatory Authority is launching an audit of residential building businesses to ensure they have compulsory home building compensation insurance...
28 August 2023
The head of the Australian Securities and Investments Commission has welcomed the appointment by Treasurer Jim Chalmers of three new Commissioners to the financial regulator...
28 August 2023
A survey from the Reserve Bank of New Zealand – Te Putea Matua has highlighted climate-related risks are at the forefront of financial service firms’ concerns, but indicates activity on tackling the issue has been limited...
28 August 2023
A NSW state MP who lives in the Northern Rivers, which was ravaged by unprecedented floods in early 2022, has been named Parliamentary Secretary for Disaster Recovery...
28 August 2023
The Australian Prudential Regulation Authority has highlighted the need for financial firms to manage risks stemming from an increased reliance on new technologies...
21 August 2023
The Australian Securities and Investments Commission has started “several investigations” into claims handling and has also indicated it will be taking a closer look at home cover wear and tear exclusions and internal dispute resolution...
21 August 2023
The Parliamentary Committee inquiry into insurers’ responses to last year’s major floods has called for submissions by the end of October and will also soon accept contributions through an online survey...
21 August 2023
The Australian Securities and Investments Commission is seeking feedback on its proposal to extend the design and distribution obligations instrument for a further five years...
21 August 2023
The WA Government will provide funding to 28 local governments to help boost bushfire mitigation ahead of an expected intense fire season in the coming months...
14 August 2023
The SA government has announced new regulations banning the uncontrolled processing of engineered stone products from the start of September...
14 August 2023
The Australian Securities and Investments Commission has commenced civil penalty proceedings in the Federal Court against Active Super...
14 August 2023
A forklift operator will be required to pay back $48,367 after he was found to have been working as a food delivery driver despite being declared injured and receiving workers’ compensation payments...
14 August 2023
The Australian Securities and Investments Commission has extended for a further 12 months transitional relief for foreign financial services providers from the requirement to hold a licence when providing services to wholesale clients here...
07 August 2023
The Australian Securities and Investments Commission will take more action against financial sector misconduct in the coming months after its enforcement activities led to civil penalties of $109.1 million in the first half of the year...