01 August 2022
The Australian Securities and Investments Commission has used new design and distribution obligation regulatory powers for the first time against three firms, after warning the financial services sector that a light touch enforcement period had come to an end...
01 August 2022
The NSW State Insurance Regulatory Authority has issued a letter of censure to QBE over the underpayment of 104 injured road users totalling $88,942...
01 August 2022
Australian Prudential Regulation Authority Chairman Wayne Byres will step down after eight years of leadership...
01 August 2022
A Deloitte report has revealed this year’s floods in southeast Queensland cost $7.7 billion across 23 affected local government areas...
01 August 2022
The Australian Financial Complaints Authority has appointed outgoing Australian Competition and Consumer Commission Deputy Chair Delia Rickard to its board...
01 August 2022
NSW’s State Insurance Regulatory Authority says it has finished a preliminary review into its evaluation of whether CTP insurer profits should be recouped and returned to NSW drivers...
01 August 2022
The Queensland Government has allocated more than $3 million in research grants to help prevent and treat occupational dust lung diseases...
01 August 2022
The prudential regulator is proposing a new standard to strengthen operational resilience in the insurance, banking and superannuation industries, and has launched a discussion paper seeking submissions...
25 July 2022
The Insurance Council of Australia says NSW Labor’s plan to invest $225 million in flood protection schemes in Western Sydney is a “welcome first step” towards securing adequate community resilience...
25 July 2022
Australian Financial Complaints Authority Chief Ombudsman and CEO David Locke will provide an update on major projects and initiatives underway at a two-day virtual forum this week...
25 July 2022
The Financial Markets Authority is consulting on six proposed standard conditions in preparation for a new conduct regime that is expected to commence in early 2025...
25 July 2022
Victoria has set up an arbitration service to resolve workers’ compensation disputes, commencing on September 1...
25 July 2022
The Reserve Bank of New Zealand is making “good progress” with its review of the Insurance Prudential Supervision Act, the central bank says in an update...
18 July 2022
The Australian Prudential Regulation Authority has removed the remaining $150 million additional capital penalty it imposed on Allianz Australia for lapses in risk governance...
18 July 2022
The NSW State Insurance Regulatory Authority has introduced workers’ compensation changes to reduce costly surgeon fees to market rates...
18 July 2022
The NSW Government will extend financial aid to eligible apartment owner-investors of the turbulent Mascot Towers building...
18 July 2022
Five northern NSW local government areas affected by this year’s flooding catastrophe will benefit from fast-tracked eligibility applications for home building compensation insurance...
18 July 2022
The Australian Financial Complaints Authority has announced extensions to its parental leave policy and the introduction of gender affirmation leave for its employees...
11 July 2022
NSW’s State Insurance Regulatory Authority has released a discussion paper in relation to its proposed measures to improve the home building compensation insurance scheme...
11 July 2022
The Australian Prudential Regulation Authority has opened consultation on new remuneration disclosure and reporting requirements it wants to introduce for insurers...