Prudential changes fail to weigh cost, insurers say
30 June 2025
Only 31% of surveyed general insurers feel changes to the prudential framework have sufficiently considered the cost of regulations imposed on industry...
Regulatory & Government
State pledges $280 million resilience boost
30 June 2025
Queensland has put an extra $280 million over four years into high-priority disaster resilience and mitigation projects...
Scores of projects unfinished as WA builders collapse
30 June 2025
Homeowners in WA have been advised to contact QBE regarding their home indemnity cover after two residential builders entered liquidation this month...
MPs extend inquiry into workers’ comp shake-up
23 June 2025
The NSW government’s workplace mental injury law reforms have been put on hold after a parliamentary committee extended its inquiry into the plans...
ARPC making Alfred payments to insurers
23 June 2025
Insurers in the cyclone reinsurance pool had recorded 68,684 Alfred claims as of last Tuesday, covering residential, small business and strata properties...
Victoria steps up construction reforms
23 June 2025
The Victorian government has introduced a further bill to parliament as part of its building regulation and consumer protection overhaul...
Budget ‘secures funding’ for state building regulator
23 June 2025
Building Commission NSW will receive $145.1 million in tomorrow’s state budget...
WA committee reviews e-bike, scooter regulations
23 June 2025
A state parliamentary committee will examine safety management in WA’s e-rideable program and consider new regulations...
State offers $4 million mitigation fund for tourism sector
23 June 2025
The Queensland government will provide $4 million to tourism operators in the state’s north as they recover from floods earlier this year...
ASIC weighs unfair term ruling
16 June 2025
The Australian Securities and Investments Commission is “considering” an appeal court decision in favour of Auto & General in a contract term dispute...
State upper house probes workers’ comp overhaul
16 June 2025
NSW upper house MPs will hold a hearing tomorrow as they review the government’s planned reform of workplace mental injury laws...
Tobacco ‘crime lords’ warned as crackdown looms
16 June 2025
Victoria’s new tobacco licensing scheme will begin next month, aimed at “breaking the business model of organised crime” by disrupting illicit trade...
State insurance body funds spinal injury studies
16 June 2025
The Insurance Commission of WA has partnered with non-profit SpinalCure to improve spinal cord injury recovery...
Hazards body takes reinsurance past $NZ10 billion mark
10 June 2025
New Zealand’s Natural Hazards Commission Toka Tu Ake has secured a $NZ1.15 billion ($1.07 billion) increase to its reinsurance protection...
Coalition fills key frontbench roles
02 June 2025
The federal opposition has named Nationals MP Pat Conaghan as shadow assistant treasurer and financial services spokesman...
State holds workers’ comp rates under ‘balanced approach’
02 June 2025
Victoria’s average WorkCover premium will stay at 1.8% next financial year...
Builder wipes out convictions and fines
02 June 2025
A builder who was fined more than $470,000 over allegations of unlicensed and uninsured residential building work has had an annulment application granted on the matters...
ASIC consults on relief extension
02 June 2025
The corporate regulator is inviting feedback on plans to remake the ASIC Corporations (Basic Deposit and General Insurance Product Distribution) Instrument 2015/682...
NSW confirms strata commissioner role
02 June 2025
NSW Fair Trading has appointed Angus Abadee as strata and property services commissioner, as the state strives to improve standards in the sector...
Victoria tackles fall risks after 36 worker deaths in five years
02 June 2025
WorkSafe Victoria warns it is cracking down on employers to prevent catastrophic falls and has this year referred dozens of construction businesses for possible legal action...