HIH commissioner name due
13 June 2001
The Federal Government has settled on a person to head up the impending royal commission into the HIH collapse, and will probably name him within days…
Regulatory & Government
Rising premiums lead to government inquiry
13 June 2001
The insurance industry is under scrutiny as never before, thanks to the HIH collapse…
Insurance will rally round for VWC
13 June 2001
The ICA will work with the Victorian Work Cover Authority and the state government to improve the efficiency of the Work Cover scheme…
Second lot of FSRB proposals arrive
13 June 2001
Lawyers and various other experts are poring over the latest package of policy proposal papers related to the Financial Services Reform Bill…
FSRB risks election-year gutting
29 May 2001
The passage of the Financial Services Reform Bill through Parliament may be in trouble…
Workers’ comp reforms launched
29 May 2001
New workers’ compensation arrangements begin their legislative passage in the NSW Parliament today…
Opposition supports FSRB
22 May 2001
Opposition Financial Services spokesman Stephen Conroy has laid aside any lingering doubts about the ALP’s support for the financial services reforms…
APRA on the fast track
22 May 2001
Meanwhile, APRA’s beleaguered CEO Graeme Thompson is pushing his staff to have the final rounds of industry consultation on proposed new prudential standards completed…
We back the bill, say insurers
22 May 2001
Just in case you were wondering… yes, the insurance industry does support the fast-tracking of the new General Insurance Act…
FSRB: Its heavy going
08 May 2001
NIBA’s Noel Pettersen warned months ago that the devil will be in the detail of the Financial Services Reform Bill…
FSRB details – here they are
01 May 2001
ASIC has released the first package of policy proposal and process-related papers on administrative issues arising from the Financial Services Reform Bill…
Putting flesh on FSRB’s bones
01 May 2001
Phillips Fox specialist Robert Tobias said the FSRB itself is “really the bare bones” of the legislation…
Seminars will explain the details
01 May 2001
A variety of seminars will be held over the next few weeks to clarify the plethora of ASIC information…
It wasn’t our fault: APRA
24 April 2001
In case you didn’t get the message before: APRA has issued a wordy media release “revisiting” its role in the downfall of HIH…
Policy papers delayed
10 April 2001
The introduction of the FSRB into Parliament has also changed ASIC’s schedule for releasing policy proposal papers…
Consumer role gets higher priority
10 April 2001
Consumer protection is being given a greater emphasis by ASIC with the creation of a new Consumer Protection National Directorate…
ASIC scrutinises small brokers
03 April 2001
Small brokers are in the spotlight as ASIC mounts another campaign to review their compliance…
APRA’S new rules: a bit late for some
03 April 2001
It might be a bit too late for professionals working through the HIH saga, but APRA has released its latest proposals to reform and modernise prudential regulation of…
Friendly move forces changes to life act
03 April 2001
Friendly societies are being brought into line with other members of the life insurance industry in a more forthright manner than had been expected…
NSW rejects the privatisation option
03 April 2001
The NSW workers’ comp system might be in disarray and piling up a deficit at more than $1 million a day, but the chances of it falling into private insurers’ hands are now…