insuranceNEWS.com.au - Regulatory & Government

Regulators seek feedback on financial accountability reform

Mon, 07 Sep 2026 04:41:54 GMT

Consultation has begun on changes to the Financial Accountability Regime that aim to reduce reporting for all accountable entities and 4500 accountable people...

New APRA deputy chair begins five-year term

Mon, 07 Sep 2026 04:41:48 GMT

Former federal assistant treasurer David Bradbury has started his tenure as Australian Prudential Regulation Authority deputy chair...

State takes high ground in battle to save cattle

Mon, 07 Sep 2026 04:41:29 GMT

Thousands of cattle could be saved during deluges by using flood refuge mounds, a CSIRO study commissioned by the Queensland government has found...

NZ watchdog boss leaves as conduct probe continues

Mon, 07 Sep 2026 04:41:12 GMT

The suspended CEO of New Zealand’s Financial Markets Authority is leaving the role early...

ASIC warns on ‘easy option for insurers’ after cash settlement probe

Mon, 31 Aug 2026 04:46:51 GMT

The corporate regulator has questioned the fairness of insurers’ cash settlement practices after a review indicated the payments have left home policy customers worse off...

ARPC flags data and analytics drive in four-year plan

Mon, 31 Aug 2026 04:25:48 GMT

The Australian Reinsurance Pool Corporation has outlined key goals for the next four years in its latest corporate plan...

Canberra notes cyclone pool inquiry findings

Mon, 31 Aug 2026 04:25:35 GMT

The federal government’s response to a parliamentary inquiry into the cyclone pool mostly “notes” recommendations and points to a legislative review and other work under way...

Employer fined after crane brings down power line

Mon, 31 Aug 2026 04:25:25 GMT

A cement company has been fined $135,000 after being prosecuted by SafeWork NSW over a crane accident on a construction site...

Education ‘trumps insurance mandate’ in e-bike safety push

Mon, 31 Aug 2026 04:25:13 GMT

Mandatory insurance for e-bikes would cost NSW hundreds of millions of dollars more than the vehicles return in benefits, a review by the state’s Productivity and Equality Commission has found...

Aldi rapped over self-insurer performance

Mon, 31 Aug 2026 04:25:02 GMT

Supermarket chain Aldi has been censured for failing to comply with its NSW workers’ compensation self-insurance licence conditions...

ASIC sets out priorities for year ahead

Mon, 31 Aug 2026 03:46:29 GMT

The corporate regulator says it is “committed to being easier to deal with” while maintaining its push to protect consumers from financial harm...

Move to reform ‘essential’ last resort compo scheme

Mon, 24 Aug 2026 04:42:24 GMT

The Compensation Scheme of Last Resort “remains an essential backstop” for consumers, Financial Services Minister Daniel Mulino says, as the federal government moves to fix the under-pressure program...

NZ regulator flags oversight failings in add-on cover sales

Mon, 24 Aug 2026 04:42:17 GMT

A regulatory review of add-on insurance in New Zealand has found shortcomings that disadvantage consumers, singling out oversight of distribution partners as a pressing area of concern...

Watchdog accuses Subaru of repairer competition breaches

Mon, 24 Aug 2026 04:42:08 GMT

The competition regulator has launched Federal Court proceedings against Subaru Australia over alleged breaches of the Motor Vehicle Service and Repair Information Sharing Scheme...

Submissions open for NSW lawyers’ PI inquiry

Mon, 24 Aug 2026 04:41:57 GMT

The NSW parliamentary inquiry into solicitors’ professional indemnity insurance is calling for submissions by September 15...

ACCC clamps down on ‘false’ fire extinguisher marketing

Mon, 24 Aug 2026 04:41:36 GMT

The consumer watchdog will maintain surveillance of lithium battery fire extinguisher suppliers after discovering some have made potentially false or misleading representations about safety compliance...

Flood cover gap blows out in highest-risk areas, cyclone pool finds

Mon, 17 Aug 2026 04:03:14 GMT

Home flood insurance take-up among exposed properties in northern Australia is estimated at 65%, dropping to 33% where there is extreme risk, research shows...

Bank faces record penalty over cybersecurity failings

Mon, 17 Aug 2026 04:03:07 GMT

Bendigo and Adelaide Bank faces an $8 million fine over failings that enabled a hacker to make more than 280 unauthorised transactions from customer accounts...

Cyber inquiry seeks SME feedback on risk, defences

Mon, 17 Aug 2026 04:02:30 GMT

Australia’s first federal inquiry focused on cybersecurity challenges facing SMEs is seeking input from business owners, as it examines whether they have the resources and support to withstand attacks...

Resilient homes scheme makes ‘real difference’ in flood zones

Mon, 17 Aug 2026 04:02:23 GMT

The Queensland Resilient Homes Fund has proven an effective recovery program for householders affected by floods, a review of the scheme has found...