Regulatory & Government
28 February 2011
The Australian Securities and Investments Commission has released a regulatory guide on financial information that can be provided online following concerns about the difficulty of proving…
28 February 2011
Builders in the NT will meet Lands and Planning Minister Gerry McCarthy next week to discuss concerns over the territory’s draft residential builders’ insurance legislation…
21 February 2011
The Council of Australian Governments has adopted a national strategy for disaster resilience after a proposal was submitted by the nation’s emergency services ministers…
21 February 2011
As regulators around the world increase their scrutiny of multinational companies, those companies are paying closer attention to complying with insurance and premium tax regulations,…
21 February 2011
The Australian Securities and Investments Commission is issuing new regulatory guidance on dispute resolution procedures, which could reduce paperwork for insurers and brokers who resolve…
21 February 2011
The ACT Government says changes to its new compulsory third party legislation will “reduce third party insurance premiums” and lead to cheaper car registration in the territory…
14 February 2011
Assistant Treasurer Bill Shorten has outlined his action plan for clarifying insurance policies and dealing with flood cover…
14 February 2011
Reform to the myriad state and territory directors’ liability laws is behind schedule, less than 15 months after the governments agreed to audit their statute books…
14 February 2011
Superannuation fund trustees have until June 30 to ensure tax deductions for trauma and permanent disability insurance remiums meet new Federal Government rules…
14 February 2011
NSW WorkCover has denied it’s taking more businesses to court for non-payment of their premiums…
07 February 2011
Assistant Treasurer Bill Shorten has put insurers “on notice” that community and parliamentary forces are pushing for universal legal protections for all consumers…
07 February 2011
The Australian Securities and Investments Commission has brokered a final settlement deal against failed property group Westpoint and its auditors, KPMG…
07 February 2011
A solution to licensing problems for group purchasing bodies is still being sought after the regulator provided a temporary respite…
31 January 2011
The Australian Prudential Regulation Authority expects insurers to include the impact of events like the Queensland floods in their quarterly and annual regulatory reports…
31 January 2011
The Australian Securities and Investments Commission has applied to the High Court for special leave following a NSW Supreme Court decision in December to overturn the banning…
31 January 2011
A New Zealand Government steering group report into the Accident Compensation Corporation has recommended private insurers should be allowed to offer compulsory accident…
31 January 2011
Modifications to prudential rules will align and consolidate a raft of industry-specific standards, according to the Australian Prudential Regulation Authority…
31 January 2011
The Australian Securities and Investments Commission has handed a lifetime ban on convicted NSW fraudster John Anthony Ovens ever having an Australian financial services licence…
31 January 2011
The Tax Practitioners Board has defined which tax and business activity statement agents will be required to have professional indemnity cover from July this year…
13 December 2010
The 2010 financial year has been good for general insurers, with premium earnings up and losses down, according to the Australian Prudential Regulation Authority’s half-years statistics…