Regulatory & Government
30 May 2022
The Reserve Bank of New Zealand says it is still considering whether or not to proceed with further work on a policy guarantee scheme after industry submissions were “universally against” while policyholder focus group views were mixed...
23 May 2022
Jim Chalmers has been sworn in as Treasurer and Katy Gallagher as Finance Minister following the Australian Labor Party’s victory in Saturday’s federal election...
23 May 2022
The deadline for submissions to the NSW inquiry into the state’s flooding has been extended by five weeks to ensure everyone affected has the opportunity to contribute...
23 May 2022
NSW state insurer icare has partnered with the Personal Injury Educational Foundation to establish an educational scheme for workers’ compensation claim professionals as part of its Professional Standards Framework...
23 May 2022
New obligations in Victoria aimed at protecting workers from exposure to deadly crystalline silica dust have commenced this month...
23 May 2022
Insurers have called for more time to introduce changes that will be needed under proposed legislation to reform the Earthquake Commission...
16 May 2022
The Australian Prudential Regulation Authority says “poor product design” is contributing to insurance affordability issues, and has pledged to work with insurers to make improvements...
16 May 2022
The Australian Financial Complaints Authority has completed a program of work to provide greater clarity around its fairness responsibilities while providing tools to assist all parties involved in the disputes process...
16 May 2022
The NSW Government is launching an investigation into the conduct of the former City of Botany Bay regarding Mascot Towers, which was evacuated in 2019 after fears the building was unsafe...
16 May 2022
Queensland’s Resilient Homes Fund is open, with residents invited to apply for buy-backs or grants to raise, repair, or retrofit their home...
16 May 2022
The Insurance Council of New Zealand has proposed a more graduated approach to reporting climate change impacts on financials, as disclosure rules are considered ahead of new reforms coming into effect...
09 May 2022
The Australian Financial Complaints Authority has outlined its approach to the proximate cause of losses and how contentious cases are decided where multiple issues have led to damage...
09 May 2022
The Australian Prudential Regulation Authority plans to enhance its data collection to gain greater insights into the performance of products and emerging risks, the Actuaries Institute summit has heard...
09 May 2022
The Tasmanian Government has opened consultations on plans to re-introduce a home warranty insurance scheme in the state...
09 May 2022
The Australian Financial Complaints Authority has made early “merit assessment” a permanent feature of its process, saying a pilot program showed this made complaints handling faster, cheaper and fairer...
09 May 2022
The Victorian state budget has provided almost $20 million to strengthen building standards and to address workforce shortages...
02 May 2022
The NSW State Insurance Regulatory Authority has implemented a new Standard of Practice on the early management of claims and return to work...
02 May 2022
The Australian Prudential Regulation Authority has written to general insurers about its plans to clarify capital implications from the new government-backed cyclone reinsurance pool...
02 May 2022
The New Zealand Government has launched a draft National Adaptation Plan aimed at helping communities adapt to the unavoidable impacts of climate change...
02 May 2022
The Australian Financial Complaints Authority has launched a new webpage providing information on its response to last year’s Independent Review...