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Regulatory & Government

Bushfire inquiry won't 'point fingers' or lay blame

20 April 2020

The Royal Commission into National Natural Disaster Arrangements will not "point fingers or apportion blame to any jurisdiction, government or individual," the inquiry’s opening hearing was told on Thursday...

Industry gets more time to deal with complaints

20 April 2020

The Australian Financial Complaints Authority has given insurers and financial services providers extra time to resolve disputes with customers, easing the pressure brought on by the coronavirus crisis...

Roundtable backs creation of NSW resilience agency

20 April 2020

The newly created NSW Resilience agency will present "opportunities for a more co-ordinated approach" to handle future natural disasters and significant events, IAG MD and CEO Peter Harmer says...

Industry urges NSW to scrap ESL

06 April 2020

The NSW Government has again been urged to reconsider funding the state’s emergency services via a broad property-based levy...

Pragmatism rules at ASIC over AGM changes

30 March 2020

Arrangements and management of AGMs is usually carefully monitored by government regulators, but the Australian Securities and Investments Commission says it is being "flexibly pragmatic" in light of the coronavirus crisis...

icare says premiums to adjust to wage changes

30 March 2020

NSW state insurer icare has warned that injured workers wanting to return to work may find accessing medical treatment and support is "strained" as Australia’s health system battles the COVID-19 outbreak...

Keep your distance: SIRA allows telephone consultations

30 March 2020

Consultations between injured workers and health service providers can be conducted by telephone under new rules from the NSW regulator to foster social distancing and relieve pressure on the health system...

Regulators fix their focus on COVID-19

23 March 2020

Australia’s corporate and prudential regulators announced today they will adjust their regulatory efforts to focus on the challenges of the coronavirus pandemic...

APRA steps up scrutiny in response to pandemic

23 March 2020

The Australian Prudential Regulation Authority questioned insurers about their pandemic business continuity plans in early February and has more recently requested an update...

AFCA responds to 'extraordinary times'

23 March 2020

The Australian Financial Complaints Authority has adjusted its complaint resolution processes, saying it will tailor support and may allow firms more time to respond as they battle the fallout from the COVID-19 pandemic...