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Regulatory & Government

WorkCover Queensland redefines worker

11 June 2013

Queensland has passed legislation aligning the definition of “worker” for WorkCover purposes with the pay-as-you-go test applied by the Australian Taxation Office…

APRA levy to rise as workload grows

03 June 2013

The financial services sector faces a 2.4% rise in Australian Prudential Regulation Authority levies in the year from July 1…

Supreme Court rejects Pratten challenge

03 June 2013

The NSW Supreme Court has dismissed Rural & General Insurance founder Charles Pratten’s bid to invalidate documents used in his criminal trial last year…

Queensland raises insurance taxes

03 June 2013

A federal minister has joined the insurance industry in criticising the Queensland Government for increasing stamp duty on general insurance products from 7.5% to 9%…

ACCC backs RACQ warranty repair scheme

03 June 2013

The Australian Competition and Consumer Commission has allowed RACQ Insurance to set labour rates for warranty repairs carried out by its approved network…

APRA to publish more insurance data

27 May 2013

The Australian Prudential Regulation Authority will publish more than 100 new statistics after reviewing its general insurance statistical publications…

ICA raises fears over private care laws

27 May 2013

A review of private hospital regulation could pose problems for insurers that provide indemnity cover, according to the Insurance Council of Australia…