24 April 2023
The NSW Government has directed workers’ compensation insurer icare to limit average premium increases to 8% in each of the next three financial years after businesses protested about a potential 20% jump...
24 April 2023
The Australian Competition and Consumer Commission expects to make a decision in late July on the sale of Suncorp bank to ANZ following a slower-than-expected review process since an approval application was lodged in December...
24 April 2023
The NSW Minns Government has affirmed a pre-election promise to scrap plans to raise the height of the Warragamba Dam and is pursuing other mitigation measures...
24 April 2023
An academic study of Passive Fire Protection systems has made eight recommendations, including establishment of a national database, after finding many buildings in Victoria are defective and this is likely to be an Australia-wide problem...
24 April 2023
The WA Government has announced revisions to its bushfire policy that will place a stronger focus on managing risks earlier...
17 April 2023
The decision whether to pay a cyber attack ransom should remain with the victim organisation, an Insurance Council of Australia submission on development of the 2023-2030 Australia Cyber Security Strategy says...
17 April 2023
A man who failed to disclose a back injury he suffered days before an injury at work will be required to repay for compensation he received from a WorkCover claim...
17 April 2023
The Australian Prudential Regulation Authority has delayed the start date for a new operational risk standard to the middle of 2025 following industry requests for more time...
17 April 2023
The fifth quarterly update of icare’s improvement program says the NSW state insurer continues to progress the execution of its improvement program...
17 April 2023
The Victorian Building Authority has announced funding for further research into moisture ingress in concrete buildings as it looks for “new and innovative solutions” to minimise its impact...
17 April 2023
The WA Government is extending an onus of proof reversal to firefighters lodging post-traumatic stress disorder claims under the workers’ compensation scheme...
17 April 2023
The NSW State Insurance Regulatory Authority is providing another round of research funding, of up to $1 million, for ways to improve young driver road safety behaviour and compulsory third party premium affordability...
03 April 2023
The Federal Government may need to consider further incentives to boost insurance competition in Northern Australia, a Parliamentary Committee inquiry into the Cyclone Reinsurance Pool says...
03 April 2023
Properties that are holiday let on a short-term basis in strata buildings will be eligible for the Federal Government’s cyclone reinsurance pool...
03 April 2023
The sudden collapse of Victorian home builder Porter Davis may leave domestic building insurance providers on the hook as appointed liquidator Grant Thornton says it is working to find a solution to support customers...
03 April 2023
The Australian Prudential Regulation Authority has finalised changes proposed for several prudential standards as a result of new accounting rules that take effect this year...
03 April 2023
The Reserve Bank of New Zealand - Te Pūtea Matua says it is seeking input from financial sector members as it looks to set up new guidance to help address evolving climate-related risks...
27 March 2023
The Insurance Council of Australia has urged the newly elected NSW Labor Government to remove the Emergency Services Levy from premiums and to take other action to improve resilience...
27 March 2023
The Australian Federal Police are investigating a malicious cyber attack on Latitude Financial that has led to the theft of documentation details provided by millions of people...
27 March 2023
A broker charged with criminal offences relating to the misuse of about $35 million of client funds is scheduled to return to the courts mid-year after an initial appearance before the Mansfield Magistrates’ Court last week...