29 May 2023
Assistant Treasurer and Financial Services Minister Stephen Jones has outlined the value of collaborative efforts between governments and insurers to gather risk data, to help address existing gaps in coverage for vulnerable communities...
29 May 2023
The general insurance industry is expected to contribute about $29.5 million in levies to support the Australian Prudential Regulation Authority’s operational costs in 2023/24, according to a Treasury consultation paper...
29 May 2023
Victoria says the progressive abolition of business insurance duty, announced in last week’s state Budget, will remove a handbrake on resilience, investment and growth...
29 May 2023
Treasurer Jim Chalmers has announced that Australian Competition and Consumer Commission Deputy Chair Mick Keogh has been reappointed to his role for five more years...
22 May 2023
The general insurance industry and wider financial services sector have been cautioned against slipping into complacency after the recent collapses of Silicon Valley Bank in the US and Swiss lender Credit Suisse...
22 May 2023
Victoria Premier Daniel Andrews has announced plans to reform the state’s compulsory builders’ warranty insurance (BWI) scheme after compliance gaps were found following the collapse of Porter Davis...
22 May 2023
The Tasmanian Government is offering assistance for people affected by the collapse of building companies as work continues on proposed legislation for a home warranty scheme...
22 May 2023
The New Zealand Government is investing $NZ6 billion ($5.6 billion) in the initial phase of a National Resilience Plan as the Auckland flooding and Cyclone Gabrielle up the ante on mitigation spending...
22 May 2023
The Australian Prudential Regulation Authority (APRA) has finalised new prudential requirements and guidance aimed at strengthening the preparedness of insurers, banks and superannuation funds to respond to a crisis...
22 May 2023
The Victorian Government has appointed Tracey Slatter as the new CEO of the Transport Accident Commission (TAC)...
15 May 2023
Funding for disaster and cyber resilience in the latest Federal budget, and an easing of the compliance burden for general insurers, has been welcomed by the industry...
15 May 2023
The New Zealand Budget will provide $NZ100 million ($93 million) in flood protection funding following the recent North Island extreme weather events...
15 May 2023
NSW state insurer icare has partnered with business-to-business payment protection solution Eftsure in a move to strengthen its payment security...
15 May 2023
Victorian Building Authority (VBA) CEO Sue Eddy has resigned with immediate effect as the regulator comes under heavy scrutiny after the collapse of builder Porter Davis...
15 May 2023
The New Zealand Government has provided a property assessment timeline for homeowners affected by the floods and other severe weather events that struck this recent summer...
15 May 2023
NSW Fair Trading has issued additional guidance information on a series of fire safety reforms first announced in December last year...
08 May 2023
The Insurance Council of Australia (ICA) has urged the Queensland Government to retain its privately underwritten compulsory third party (CTP) scheme as the current setup promotes competition, thereby leading to “best” outcomes for motorists.
08 May 2023
New Zealand will categorise properties affected by the flooding and cyclone disasters earlier this year as low, managed or high risk as it looks at required responses to limit damage from future catastrophes.
08 May 2023
New NSW Emergency Services Minister Jihad Dib has told Lismore residents that they “won’t be forgotten” on his first trip to the flood-devastated region since his appointment to the role.
08 May 2023
The New Zealand Government has announced plans to grant tax relief to North Island businesses affected by the catastrophic flood event earlier this year in late January.