03 July 2023
The Australian Securities and Investments Commission has rescinded its interim stop orders banning the sales of 67 pet insurance products issued by Hollard and its underwriting management agency PetSure...
03 July 2023
The Federal Government has moved forward to the second stage of talks with large businesses, including insurers, over plans to ensure companies meet their climate-related obligations...
03 July 2023
A Melbourne insurance broker has been charged with 17 counts involving the alleged misuse of millions of dollars of client money and inflated insurance invoices...
03 July 2023
The Australian Law Reform Commission has pressed the case for an overhaul of financial services laws in the final report of a three-year inquiry, arguing rising complexities have increased costs and non-compliance risks...
03 July 2023
The Australian Prudential Regulation Authority has warned insurers and banks it will take further action to ensure gaps and weakness in cyber controls are addressed...
26 June 2023
The Australian Securities and Investments Commission will be monitoring industry progress on pricing practices after a review process that has led to remediation payments totalling $815 million to 5.6 million customers...
26 June 2023
Parliament has passed legislation for the Compensation Scheme of Last Resort, a Hayne royal commission-backed reform to provide financial redress for consumers...
26 June 2023
Australian Securities and Investments Commission Chair Joe Longo has rebutted an interim Senate report criticising the regulator’s enforcement record and rejected lawmakers’ claims that it was “obstructing” the ongoing inquiry into the regulator...
26 June 2023
The NSW Government has extended the registration deadline for Project Intervene, a program to help apartment owners resolve serious defects in the common property of residential buildings that are up to 10 years old...
26 June 2023
Lismore City Council says it’s “extremely disappointed” the Northern Rivers Reconstruction Corporation draft land strategy has failed to include sites it put forward for relocations, overlooking an opportunity to speed the process...
26 June 2023
The Tasmanian Government says it remains committed to introducing a fair funding model to support the island state’s fire and emergency services, which are currently financed through insurance levies...
26 June 2023
NSW’s State Insurance Regulatory Authority has reached the second stage in its annual assessment of compulsory third party insurer profit...
26 June 2023
The Queensland Government has allocated $116.4 million in its Budget to support planned improvement works to Paradise Dam...
26 June 2023
The Tasmanian Government has continued to update consumer protections for property owners with changes to the building regulatory framework...
26 June 2023
New Zealand’s Financial Markets Authority Te Mana Tātai Hokohoko has released final guidelines for financial institutions that distribute products and services through intermediaries as part of the Conduct of Financial Institutions regime...
19 June 2023
The Australian Lawyers Alliance says the Queensland compulsory third party motor insurance scheme does not require “fundamental changes” amid concerns over the future participation of RACQ Insurance...
19 June 2023
The Federal Government’s response to the Quality of Advice Review has left Michelle Levy, who made 22 recommendations in her final report, “a little disappointed”...
19 June 2023
The NSW Government will provide an extra $669 million to top up icare schemes that provide workers’ compensation and other insurance arrangements for the public sector...
19 June 2023
The Queensland and Federal Governments have announced they will provide voluntary buyback offers for an additional 300 homes for flood-affected residents...
19 June 2023
New Zealand’s Financial Markets Authority has reached agreement with insurer CBL Corporation, in liquidation, and four former directors over claims of continuous disclosure breaches and misleading conduct...