Regulatory & Government
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...
02 May 2022
The Australian Prudential Regulation Authority has released an updated set of frequently asked questions to provide information about the Financial Claims Scheme for general insurance...
26 April 2022
The Australian Financial Complaints Authority says insurance makes up most of the disputes it has received to date in relation to the NSW/Queensland floods...
26 April 2022
Reconstruction of Lismore and northern NSW communities hit by flooding will be co-ordinated by a corporation that will formally come into effect from July, the State Government says...
26 April 2022
Queensland is offering financial incentives to encourage tradies to travel to the state to carry out flood rebuilding work, while NSW is cutting licensing red tape to facilitate cross-border movement of skilled labour...
26 April 2022
The Federal Court has penalised Westpac a total of $113 million after last week wrapping up six separate civil proceedings filed in November over issues related to general insurance and other financial services...
26 April 2022
The NSW Government says it has issued a direction to state-owned insurer icare to limit the average premium rate increase for workers’ compensation to 2.9% to ensure predictability and stability for business...
26 April 2022
The number of financial complaints lodged against four Aboriginal Community Benefit Fund companies, known as the Youpla group, has increased to more than 700...