insuranceNEWS.com.au - Regulatory & Government

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...

Minister ready to negotiate on workers’ comp overhaul

Sun, 19 Oct 2025 23:38:57 GMT

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

Sun, 19 Oct 2025 23:38:46 GMT

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’

Sun, 19 Oct 2025 23:38:45 GMT

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

Sun, 19 Oct 2025 23:38:17 GMT

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

Sun, 19 Oct 2025 23:37:43 GMT

The NSW government has begun public consultation on proposed regulations for battery handling and disposal...

Second regulatory road map revealed

Sun, 19 Oct 2025 23:36:43 GMT

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...