MPs to examine SME, community group coverage concerns
03 November 2025
Insurance challenges facing small businesses, charities and community organisations will be the subject of a federal parliamentary inquiry...
Regulatory & Government
APRA monitors tech outage threats
03 November 2025
The prudential watchdog has warned insurers’ reliance on third-party technology vendors poses “concentration risk” to their operations...
Builder fined over unfinished, uninsured work
03 November 2025
A Victorian builder has been found guilty of leaving jobs unfinished and working while unregistered and lacking insurance...
Alfred damage paves way for upgrade on problem causeway
31 October 2025
A Gold Coast causeway damaged by Ex-Tropical Cyclone Alfred will be replaced with an elevated structure that improves flood protection...
APRA consults on ‘refined’ reinsurance reforms
27 October 2025
A review of reinsurance capital requirements has moved to its next phase with the release of a response paper following a consultation last November...
Building ministers back construction code pause
27 October 2025
State and territory ministers have agreed to pause residential changes to the National Construction Code until mid-2029...
Alfred blows cyclone pool into deficit, but 2026 surplus flagged
27 October 2025
The cyclone reinsurance pool can meet future claims obligations despite recording unexpected deficits last financial year, its administrator says...
Regulator scraps board conflict measure
27 October 2025
The Australian Prudential Regulation Authority has provided an update on its review of governance standards for insurers and other regulated entities...
SIRA acts on ‘high-risk issues’ at Woolworths
27 October 2025
The NSW State Insurance Regulatory Authority has imposed conditions on Woolworths’ workers’ compensation self-insurer licence...
Minister ready to negotiate on workers’ comp overhaul
20 October 2025
The NSW government is “open to all reasonable compromises” as it tries to muster support for its workers’ compensation reforms...
New Zealand produces climate adaptation blueprint
20 October 2025
The Insurance Council of New Zealand has welcomed the government’s National Adaptation Framework, under which a new flood map will be delivered by 2027...
Building defect powers target ‘flagrant disregard for rules’
20 October 2025
Reforms allowing the new Victorian Building and Plumbing Commission to order serious defect repairs after a property is occupied will be a “game-changer”, the regulator’s CEO Anna Cronin says...
Directors charged over missing financial reports
20 October 2025
Sheffield Insurance directors Phillip Bird and Daniel Holmes have been charged over alleged failures to lodge the WA brokerage’s financial accounts over a five-year period...
State seeks feedback on battery disposal crackdown
20 October 2025
The NSW government has begun public consultation on proposed regulations for battery handling and disposal...
Second regulatory road map revealed
20 October 2025
The federal government has released the second edition of a regulatory road map that sets out reforms and activities affecting the financial services sector over the next two years...
ASIC demands ‘meaningful improvement’ on claims
13 October 2025
Insurers still need to improve claims handling, and serious misconduct may lead to enforcement action, the Australian Securities and Investments Commission warns...
Insurers stepping up cybersecurity: APRA
13 October 2025
The prudential regulator says the insurers, banks and superannuation funds it oversees have made progress guarding against cyberattacks...
Cyclone pool aced Alfred test, corporation says
13 October 2025
Cyclone Alfred was a “pivotal” test for the government-backed reinsurance pool, which responded effectively, the program’s administrator says in its annual report...
Regulator flags flaws in offshore outsourcing
13 October 2025
The corporate watchdog has raised alarms over the offshore outsourcing practices of financial services advice licensees after a review found weaknesses that could expose consumers to harm...
Competition law expert returns to ACCC
13 October 2025
The competition watchdog has appointed Luke Woodward to the commissioner vacancy left by Liza Carver, who departed in May...