Regulatory & Government
04 July 2022
The Australian Lawyers Alliance says a South Australian Government workers’ compensation bill, introduced into Parliament after a previous version was withdrawn, is flawed and ambiguous and will create uncertainty...
04 July 2022
A man has pleaded guilty to defrauding the NSW workers’ compensation scheme after a State Insurance Regulatory Authority investigation...
27 June 2022
The NSW budget missed the opportunity to tackle unfair insurance taxes and levies, the Insurance Council of Australia says...
27 June 2022
The Insurance Council of Australia praised the Queensland Government’s budget commitments to address community resilience to extreme weather events...
27 June 2022
NSW’s State Insurance Regulatory Authority has imposed special conditions on Racing NSW’s workers’ compensation insurance licence after performance issues were found...
27 June 2022
Queensland has banned the “farming” of personal injury claims, with new laws prohibiting anyone soliciting another person to make a claim, paying for details of potential claimants, or receiving payment for a claim referral...
27 June 2022
The NSW Parliament Select Committee inquiry into this year’s floods has invited community feedback through an online questionnaire that closes on Thursday...
20 June 2022
Liabilities for the icare NSW workers’ compensation scheme increased in the second half of last calendar year compared to six months earlier as the insurer continues work on a performance improvement program amid headwinds...
20 June 2022
The NSW parliament has passed changes to existing motor accident and worker compensation laws to increase coverage for victims, and has strengthened the State Insurance Regulatory Authority’s jurisdiction...
20 June 2022
The Australian Law Reform Commission has received input from international experts at a webinar as it works on a second interim report for a three-year review into the simplification and rationalisation of financial services regulation...
20 June 2022
The SA Government will lift the “seriously injured” threshold for workers’ compensation as part of a compromise on reforms required to prevent the state scheme falling into a financial black hole due to a landmark Supreme Court decision...
20 June 2022
A submission by the National Insurance Brokers Association to the Tasmanian Government’s Home Warranty Insurance consultation supports reintroduction of the scheme, alongside complementary reforms to reduce risk and ensure its long-term viability...
20 June 2022
The Australian Prudential Regulation Authority has released six draft general insurer reporting standards that incorporate a change due to the introduction of the Federal Government-backed cyclone reinsurance pool...
20 June 2022
The NSW Government will commit $315.2 million over the next four years to help fortify communities against bushfires...
20 June 2022
The Insurance Council of New Zealand Te Kahui Inihua o Aotearoa says vigorous enforcement of laws and regulations is needed to protect consumers from purchasing unsuitable insurance products...
06 June 2022
The Australian Securities and Investments Commission has today released its draft Cost Recovery Implementation Statement for submissions...
06 June 2022
Prime Minister Anthony Albanese’s new ministry has been sworn into office, with Stephen Jones becoming Assistant Treasurer and Financial Services Minister...
06 June 2022
The State Insurance Regulatory Authority is looking at icare processes in relation to home building compensation cover and construction company Metricon...
06 June 2022
The Australian Financial Complaints Authority’s new “user pays” fee structure kicks in on July 1...
06 June 2022
A coalition of consumer groups has written to the Australian Securities and Investments Commission urging it to hold Youpla directors and other office holders accountable for financial harm caused to First Nations people who purchased worthless funeral plans...