Regulatory & Government
25 May 2020
Climate change and drier weather conditions are "loading the dice" as Australia’s bushfire risk increases, a Bureau of Meteorology scientist told the Royal Commission into National Natural Disaster Arrangements today...
25 May 2020
Australian Prudential Regulation Authority Chairman Wayne Byres says much of the planned policy and supervisory agenda for this year is likely to be pushed into 2021 as the COVID-19 response requires "all hands on deck"...
25 May 2020
Class action litigation funders will come under increased regulatory scrutiny following a Federal Government decision requiring that they hold an Australian Financial Services Licence...
25 May 2020
The National Insurance Brokers Association plans to step up its preparations for the new unfair contract terms regime that will commence next April...
25 May 2020
A Queensland cyclone resilience program that has strengthened more than 1700 homes and reduced premiums will receive an extra $21.25 million in a funding extension supported by insurers and brokers...
25 May 2020
The NSW State Insurance Regulatory Authority is asking insurers to get in touch if they are happy to host injured workers who are ready to begin recovering at work...
18 May 2020
The Royal Commission into National Natural Disaster Arrangements, also known as the bushfire royal commission, will tackle climate change during its initial hearings...
18 May 2020
The Australian Securities and Investments Commission says it is continuing to investigate the suspected misconduct of "several entities" involved in the consumer credit insurance market, with a view to taking enforcement action...
18 May 2020
Litigation funding arrangements and financial relationships between funders and plaintiff lawyers are among the areas to be examined by a parliamentary inquiry into the class action system...
18 May 2020
NSW state-insurer icare says the number of active workers’ compensation insurance claims has continued to decline after rising last year amid a technology upgrade and an adjustment in weekly payments...
18 May 2020
The Australian Financial Complaints Authority will hold online forums for its members over two days later this month...
11 May 2020
The Australian Securities and Investments Commission will delay the start of product design and distribution rules by six months following the Federal Government’s decision to defer the implementation of Hayne royal commission reforms...
11 May 2020
A NSW Upper House inquiry into the state’s troubled building industry has made 22 recommendations in its final report, including 11 that outline how the Government should handle the flammable cladding crisis...
11 May 2020
The Royal Commission into National Natural Disaster Arrangements will begin two weeks of public hearings on May 25 with an "e-hearing"...
11 May 2020
The Victorian Government has streamlined the building application process for homeowners and businesses affected by last summer’s bushfire catastrophe and the Bunyip Complex fires in March last year...
11 May 2020
The Federal Government has given companies including insurers a three-month deadline extension for reporting on actions to address modern slavery risks, while calling for increased vigilance on the issue during the COVID-19 pandemic...
11 May 2020
The NSW State Insurance Regulatory Authority wants insurers working within the state’s workers’ compensation scheme to be "flexible and adaptable" in handling claims involving healthcare workers suffering from COVID-19...
11 May 2020
Workers’ compensation scheme regulators in NSW, Victoria, Queensland and SA have provided clarity on the status of payments received from the $130 billion JobKeeper wage subsidy program, Willis Towers Watson says...
04 May 2020
More than 1400 public submissions, making up over 12,000 pages, were lodged ahead of the royal commission into the handling of last summer’s devasting bushfires...
04 May 2020
The Australian Securities and Investments Commission has flagged its intention to collect data on insurance claims related to the coronavirus outbreak once immediate pressures subside...