insuranceNEWS.com.au - Regulatory & Government

ICA to launch campaign as levy debate continues

Mon, 03 Aug 2026 04:15:26 GMT

The Insurance Council of Australia will tomorrow launch a campaign calling on the NSW Parliament to scrap the insurance tax and deliver a fairer way to fund emergency services...

Carnival death prompts ride safety laws overhaul

Mon, 03 Aug 2026 04:15:19 GMT

The death of a six-year-old who was flung from a ride at a Victorian beachside carnival in 2017 has led to amusement industry reforms, WorkSafe says...

'Historic deployment' as NSW firefighters head to France

Mon, 03 Aug 2026 04:15:10 GMT

Firefighters from NSW and a Chinook waterbombing helicopter are travelling to Europe at the request of the French government...

Rescue teams enjoy communications upgrade

Mon, 03 Aug 2026 04:14:56 GMT

NSW is spending $7.7 million upgrading internet and satellite connections for emergency service volunteers...

SIRA creates workers’ comp reform guide

Mon, 03 Aug 2026 04:14:46 GMT

An online guide to changes in the NSW workers’ compensation scheme has been published...

Canberra consults over add-on cover rule exemptions

Mon, 27 Jul 2026 05:08:46 GMT

Federal Treasury is seeking feedback on draft regulations to keep some “high consumer value” add-on insurance products exempt from the deferred sales model’s four-day pause rule...

Ombudsman cautions industry on advice failings

Mon, 27 Jul 2026 04:56:20 GMT

The number of insurance disputes handled by New Zealand’s financial services ombudsman remained steady this year while other industries surged...

AiBEC, building regulator team up on repairs guide

Mon, 27 Jul 2026 04:43:48 GMT

Building Commission NSW has produced a guide to assessing, planning and delivering insurance repairs and reinstatement work on class 2 buildings...

NZ accident body appoints new chief as turnaround continues

Mon, 27 Jul 2026 04:43:26 GMT

New Zealand’s Accident Compensation Corporation has appointed former Earthquake Commission boss Sid Miller as chief executive....

Corporate watchdog flags bigger levy on industry

Mon, 20 Jul 2026 04:46:09 GMT

The insurance sector is expected to contribute $23.838 million in levies to fund the Australian Securities and Investments Commission’s supervision work in 2025-26...

Pool keeps up Alfred payouts

Mon, 20 Jul 2026 04:46:02 GMT

The Australian Reinsurance Pool Corporation continued to receive and pay claims for cyclones that hit last year during the March quarter...

SA workers’ comp to change claims line-up after 15-year run

Mon, 20 Jul 2026 04:45:53 GMT

ReturnToWorkSA expects to provide an update on its search for new workers’ compensation claims managers early next year...

Commission notches record $830 million in penalties

Mon, 20 Jul 2026 04:44:09 GMT

The corporate regulator says its enforcement work secured a record $830 million of civil penalty orders against companies including super trustees in 2025-26...

River restoration aids recovery, protection in flood-hit region

Mon, 20 Jul 2026 04:43:33 GMT

Nearly $7 million worth of resilience projects have begun to protect farmland and water quality and improve the sustainability of southeast Queensland’s Scenic Rim...

Regulators reveal plan to meet expectations

Mon, 20 Jul 2026 04:43:20 GMT

The Australian Prudential Regulation Authority and the Australian Securities and Investments Commission have set out statements of intent showing how they will meet government expectations...

APRA finalises reinsurance framework overhaul

Mon, 13 Jul 2026 04:49:32 GMT

The prudential regulator has finalised its position on a revised reinsurance framework to support access to catastrophe bonds and other stop-loss options for general insurers...

Brief reprieve for fire testing lab not enough, housing industry warns

Mon, 13 Jul 2026 04:49:23 GMT

The Housing Industry Association says closing CSIRO’s fire technology laboratory will have major implications for the delivery of new homes...

ASIC cancels adviser’s licence

Mon, 13 Jul 2026 04:49:06 GMT

The Australian Securities and Investments Commission has cancelled CAIP Services’ licence to operate as a financial services business...

ICA seeks ban on car makers holding parts ‘hostage’

Mon, 13 Jul 2026 04:48:53 GMT

Insurers say Australia’s first “right to repair” law should be strengthened to require manufacturers to sell car parts to independent mechanics...

Authority seeks feedback on prudential framework tweaks

Mon, 13 Jul 2026 04:44:34 GMT

Consultation has begun on a package of minor updates to the prudential and reporting framework...