28 October 2019
North Queensland independent MP Jason Costigan has voiced support for controversial measures the competition watchdog has submitted as a way out of the region’s struggle with insurance affordability...
28 October 2019
New Zealand’s Southern Response will wind up its in-house claims settlement function by the end of this year, with remaining claims to be handled by the Earthquake Commission to reduce costs as the number of unresolved Canterbury earthquake cases declines...
28 October 2019
The NSW Government is offering $600,000 to communities across the state to reduce the effects of climate change...
28 October 2019
The SA Government has appointed Wendy Campana as Cladding Response Co-ordinator to oversee the remediation works of affected buildings...
28 October 2019
ASIC has suspended the Australian financial services licence of KP International Group Australia, saying exclusions in its professional indemnity insurance cover did not meet minimum adequacy requirements...
21 October 2019
Financial services product disclosure laws have failed to protect consumers as intended, a study by the Australian Securities and Investments Commission has found...
21 October 2019
The Insurance Council of Australia has submitted proposals to avert “significant consumer detriment” it believes could arise from the draft Product Design and Distribution Obligations Regulations...
21 October 2019
More financial details over how an insurer performed can be expected when the International Accounting Standards Board’s new IFRS 17 rule kicks in, according to global audit firm EY...
21 October 2019
Local councils in NSW have voted to declare a climate emergency and will urge state and federal governments to develop climate risk standards, such as providing more renewable energy for all new infrastructure and property projects...
21 October 2019
The Office of the Australian Information Commissioner is seeking feedback over its draft Privacy Safeguard Guidelines...
21 October 2019
The Insurance Council of Australia says the NSW Government’s draft Design and Building Practitioners bill may not ease the insurance problem facing the construction industry...
21 October 2019
The Victorian Government has pledged to chase “dodgy building practitioners” through the courts on behalf of owners of apartments covered in combustible cladding...
21 October 2019
NSW state insurer icare has pledged to work closely with partners to improve return to work under its workers’ compensation scheme...
21 October 2019
Enforcement action by the Australian Securities and Investments Commission was “significantly increased and accelerated” in the 2019 fiscal year, the regulator reveals in its latest annual report...
14 October 2019
Sub-par building quality is the culprit behind the construction industry’s professional indemnity crisis, and governments must focus on the issue...
14 October 2019
NSW state insurer icare has appointed an independent customer advocate to engage with customers and stakeholders to understand workers’ compensation scheme concerns...
14 October 2019
Queensland Senator Nita Green has called on the Federal Government to act on the long-running insurance problem besetting northern Australia by adopting controversial measures proposed by the Australian Competition and Consumer Commission...
14 October 2019
QBE and IAG have welcomed moves by the Federal Government to require quad bikes to meet minimum safety standards...
14 October 2019
The Insurance Council of Australia has voiced concerns “beneficial insurance products” could be forced to observe the four-day pause period Treasury intends to apply to all add-ons available to consumers...
14 October 2019
A SA Government cladding audit of buildings has identified 28 private residential blocks in urgent need of remediation works...