Victoria starts Night Aviation Patrol bushfire program
13 February 2023
Victoria has activated its Night Aviation Program as part of the state’s preparations for the highest fire risk period of summer...
Regulatory & Government
APRA targets insurance affordability challenge
06 February 2023
The Australian Prudential Regulation Authority will keep up with its ongoing work on addressing insurance affordability and availability issues as part of its supervision priorities for the year...
Hazards Insurance Partnership targets affordability action
06 February 2023
The Hazards Insurance Partnership, announced in the October Budget, has held its first meeting, as the Federal Government steps up mitigation funding and increases its focus on affordability concerns...
NIBA makes case for household mitigation funding
06 February 2023
Expanding the Federal Government’s $1 billion Disaster Ready Fund to include funding for household-level mitigation works in areas prone to catastrophes would lead to “positive effects” on insurance premiums, the National Insurance Brokers Association says in a pre-budget submission...
Andrew Colvin appointed to head disaster funding review
06 February 2023
The Federal Government has appointed Andrew Colvin, who helmed national recovery efforts after the Black Summer bushfires, to lead an independent review into Australia’s disaster funding arrangements...
NSW Government backs emerging technology program
06 February 2023
The NSW Government has announced it will invest $5.2 million towards a Bushfire and Natural Hazards Technology Network to help with flood and fire preparation...
FMA announces new executive
06 February 2023
New Zealand’s Financial Markets Authority has named Sharon Thompson its new Executive Director for Transformation and Operational Delivery...
Federal Court penalises firms for non-cooperation with AFCA
30 January 2023
The Federal Court has handed down financial penalties totalling $150,000 after two firms failed to co-operate with the Australian Financial Complaints Authority...
SIRA claws back record $178 million in excess profit from CTP insurers
30 January 2023
NSW State Insurance Regulatory Authority says it will recover a record $178.7 million in excess profit from compulsory third party insurers in 2018 and 2019...
Tasmania releases home warranty scheme draft legislation
30 January 2023
The Tasmanian state government has released draft legislation to reintroduce a home warranty insurance scheme to cover consumers if their builder dies, disappears or becomes insolvent...
Dust disease clinic opens at icare's Sydney headquarters
30 January 2023
NSW’s icare has opened a new clinic offering lung health examinations to employers, workers and retirees exposed to hazardous workplace dust...
NSW Government funds Natural Hazard Research Centre
30 January 2023
The NSW Government has pledged $8 million over five years to establish the state’s Bushfire and Natural Hazard Research Centre...
NSW Motor Traders' Association renews icare partnership
30 January 2023
The Motor Traders’ Association of NSW and icare have renewed a two-year industry partnership. ..
Floodplain development 'needs to end', work starts on national standard
12 December 2022
First Ministers tasked Planning Ministers with developing a national standard to consider disaster and climate risk as part of land use planning reform, at a National Cabinet meeting on Friday...
Consultation begins on mandatory climate disclosures
12 December 2022
Treasury has started a consultation on Federal Government plans to introduce standardised reporting for business climate-related disclosures, with insurers likely to be among large financial institutions initially required to meet new obligations...
Federal Government seeks applications for ARPC Chair, members
12 December 2022
The Federal Government is inviting applications for the role of Australian Reinsurance Pool Corporation Chair as well as for board positions...
Federal Government calls for pre-budget submissions
12 December 2022
The Federal Government has invited individuals, businesses and other groups to make submissions on ideas and priorities for the next budget...
ASIC releases enforcement report
12 December 2022
The Australian Securities and Investments Commission has today released its latest enforcement report, summing up key actions taken from July to September...
icare home warranty fund extends Equifax partnership
05 December 2022
The NSW home warranty scheme has extended a technology partnership with Equifax Australia for two years, effective from the start of this month...
NSW appoints Emergency Management Deputy Commissioner
05 December 2022
The NSW Government has appointed Peter Thurtell to the newly created role of Police Deputy Commissioner Emergency Management...