Regulatory & Government
11 May 2020
A NSW Upper House inquiry into the state’s troubled building industry has made 22 recommendations in its final report, including 11 that outline how the Government should handle the flammable cladding crisis...
11 May 2020
The Royal Commission into National Natural Disaster Arrangements will begin two weeks of public hearings on May 25 with an "e-hearing"...
11 May 2020
The Victorian Government has streamlined the building application process for homeowners and businesses affected by last summer’s bushfire catastrophe and the Bunyip Complex fires in March last year...
11 May 2020
The Federal Government has given companies including insurers a three-month deadline extension for reporting on actions to address modern slavery risks, while calling for increased vigilance on the issue during the COVID-19 pandemic...
11 May 2020
The NSW State Insurance Regulatory Authority wants insurers working within the state’s workers’ compensation scheme to be "flexible and adaptable" in handling claims involving healthcare workers suffering from COVID-19...
11 May 2020
Workers’ compensation scheme regulators in NSW, Victoria, Queensland and SA have provided clarity on the status of payments received from the $130 billion JobKeeper wage subsidy program, Willis Towers Watson says...
04 May 2020
More than 1400 public submissions, making up over 12,000 pages, were lodged ahead of the royal commission into the handling of last summer’s devasting bushfires...
04 May 2020
The Australian Securities and Investments Commission has flagged its intention to collect data on insurance claims related to the coronavirus outbreak once immediate pressures subside...
04 May 2020
State-owned insurer icare says more than 14,600 businesses have been in touch to have workers’ compensation policies reviewed due to the coronavirus outbreak...
04 May 2020
A Treasury inquiry into whether a so-called "write" access might be added to the Consumer Data Right regime should only proceed if the benefits outweigh the negatives, the Insurance Council of Australia says...
04 May 2020
The State Insurance Regulatory Authority says it is consulting on a standard of practice that will set expectations for insurers handling COVID-19 related workers’ compensation claims...
04 May 2020
The enforcement office of the corporate regulator will prioritise "matters related to misconduct in insurance" out to 2021, the latest update from the Australian Securities and Investments Commission says...
27 April 2020
The Australian Financial Complaints Authority’s decision to rule in favour of a claimant who had breached his duty of disclosure “must be of concern” for insurers, according to law firm Wotton + Kearney...
27 April 2020
The timeframe for individuals and organisations to make a submission about the 2019-20 bushfire season to the Royal Commission into National Natural Disaster Arrangements closes tomorrow...
27 April 2020
Workers’ compensation scheme regulators have been asked to clarify whether payments from the $130 billion JobKeeper wage subsidy scheme fall under the category of “declarable remuneration” for the purpose of calculating premium...
27 April 2020
Calls from consumer group One Big Switch for reductions in compulsory third party premiums appear to have made little headway, as NSW and Victoria say they have measures in place to help households weather the financial crunch sparked by the virus pandemic...
27 April 2020
Australian Reinsurance Pool Corporation Chairman Ian Carson will take up a second three-year term in the role while two other board appointments have also been made...
20 April 2020
The Australian Securities and Investments Commission has launched Federal Court action against insurer Youi over the handling of a hail damage claim, as it takes a tougher legal approach in its regulation...
20 April 2020
The NSW Independent Pricing and Regulatory Tribunal is seeking submissions as it considers changes to the state’s home building compensation scheme...
20 April 2020
The Federal Court applied a "very narrow view of judicial power" when it rejected a superannuation fund’s appeal against a ruling made by the Australian Financial Complaints Authority, according to law firm Allens...