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Regulatory & Government

Weather changes 'loading the dice' for bushfire risk

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...

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'All hands on deck' virus response delaying APRA agenda

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"...

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Government acts to oversee litigation funders

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...

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NIBA urges brokers to prepare for UCT reforms

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...

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Home cyclone defence project gains extra funding

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...

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SIRA seeks insurer placements for recovering injured workers

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...

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