insuranceNEWS.com.au - Regulatory & Government

Strata review puts broker commissions on table

Mon, 17 Nov 2025 04:02:25 GMT

The NSW review into market impacts from banning strata managers from accepting conflicted payments has included action around broker commissions as an option...

NSW workers’ comp reforms fail to pass

Mon, 17 Nov 2025 04:02:17 GMT

Business NSW has called for the state parliament to enact workers’ compensation reforms before Christmas after a compromise proposal failed to break a deadlock last week...

SA labelled worst offender for ‘poorly targeted taxes’

Mon, 17 Nov 2025 04:02:05 GMT

South Australia’s insurance duty rate of 11% is the highest in all states and territories, the Business Council says...

State targets tobacco trade landlords

Mon, 17 Nov 2025 04:01:56 GMT

NSW has introduced new penalties for commercial landlords who let their properties be used for the illegal sale of tobacco...

WA reform to allow church liability for sex abuse

Mon, 17 Nov 2025 04:01:45 GMT

The WA government has joined Victoria in proposing changes to state laws making it easier for sexual abuse victims to sue religious institutions...

Workers’ comp scheme to cover more firefighter cancers

Mon, 17 Nov 2025 04:01:27 GMT

The NSW government will expand the list of cancers presumed to be covered for firefighters under its workers’ compensation scheme...

TasInsure missing from state budget

Mon, 10 Nov 2025 03:52:23 GMT

Tasmania’s latest budget contains no mention of the state-backed general insurer promised by the Liberals soon after the calling of a snap July election...

Maintenance crackdown begins under fresh strata reforms

Mon, 10 Nov 2025 03:52:14 GMT

Stronger controls over strata repairs and maintenance have taken effect in NSW as part of a third tranche of reforms aimed at increasing confidence in the sector...

Treasurer welcomes ‘constructive’ offer on workers’ comp

Mon, 10 Nov 2025 03:52:03 GMT

Independent MPs have made counterproposals aiming to break the deadlock over the NSW government’s workers’ compensation reforms...

Builder banned, fined for cover breach

Mon, 10 Nov 2025 03:51:42 GMT

A Victorian builder has been disqualified for the maximum period of three years and fined $80,000 for breaches including failing to have required insurance...

State boosts bushfire mitigation scheme budget

Mon, 10 Nov 2025 03:51:34 GMT

NSW says investment in a bushfire hazard reduction program has increased by $1 million, taking the total to $6.8 million...

MPs to examine SME, community group coverage concerns

Mon, 03 Nov 2025 02:16:53 GMT

Insurance challenges facing small businesses, charities and community organisations will be the subject of a federal parliamentary inquiry...

APRA monitors tech outage threats

Mon, 03 Nov 2025 01:38:12 GMT

The prudential watchdog has warned insurers’ reliance on third-party technology vendors poses “concentration risk” to their operations...

Builder fined over unfinished, uninsured work

Mon, 03 Nov 2025 00:13:36 GMT

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

Thu, 30 Oct 2025 22:15:57 GMT

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

Mon, 27 Oct 2025 03:03:19 GMT

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

Mon, 27 Oct 2025 03:03:13 GMT

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

Mon, 27 Oct 2025 03:03:03 GMT

The cyclone reinsurance pool can meet future claims obligations despite recording unexpected deficits last financial year, its administrator says...

Regulator scraps board conflict measure

Mon, 27 Oct 2025 03:02:53 GMT

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

Mon, 27 Oct 2025 03:02:14 GMT

The NSW State Insurance Regulatory Authority has imposed conditions on Woolworths’ workers’ compensation self-insurer licence...