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Last Updated: Tuesday, 21st January, 8:25AM
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Last Updated: Tuesday, 21st January, 8:25AM
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Last Updated: Tuesday, 21st January, 5:25AM
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Regulators Advocate Climate Code for Super Funds Tue, 21 Jan: Australia's financial sector regulators have proposed a collaborative approach towards managing climate risk, urging superannuation funds to work alongside industry bodies in establishing a code dedicated to this critical issue. Both the Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) highlighted the essential role industry bodies should play in crafting guidance and standard metrics for climate risks. - read more
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RBA's Tug of War with Australia's Market Growth Tue, 21 Jan: As Australia's Reserve Bank grapples with economic challenges, its decisive interest rate hikes have led to a contraction in demand, achieving their intended result but with considerable impact on the private sector. - read more
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Storm Devastation: Over 11,000 Claims Filed in NSW and ACT After Severe Weather Tue, 21 Jan: The recent onslaught of electrical storms that lashed across New South Wales (NSW) and the Australian Capital Territory (ACT) has resulted in a flurry of activity from the insurance industry, as shown by the impressive number of claims filed. In an eventful week of wild weather, the Insurance Council of Australia reported an influx of 11,366 claims tied to the severe storms that began on January 15. - read more
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Superannuation on the Chopping Block: Calls for Reform Amp Up Fri, 17 Jan: The recent political discourse surrounding Australia’s superannuation system has intensified, revealing an urgent need for stakeholders to prioritize the public’s interests amid proposed reforms. With growing pressure from the Coalition, the future of mandatory super savings hangs in the balance. - read more
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What Does Strata Insurance Cover? A Comprehensive Breakdown Strata insurance is a specialized insurance policy designed to cover common property in apartment buildings, townhouses, and other strata-titled developments. This type of insurance is crucial for both property owners and strata schemes, as it provides peace of mind in the face of potential risks. - read more
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The Key Differences Between Landlord and Homeowners Insurance As a property investor, understanding the different types of insurance available is crucial. Whether you're a seasoned landlord or just starting, having the right coverage can safeguard your investment and provide peace of mind. With various options out there, knowing which insurance policies to choose can make all the difference in protecting your assets. - read more
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What does Commercial Property Insurance cover? Commercial property insurance is vital for anyone who owns or operates a business that involves a physical location. This type of insurance protects your business premises, equipment, and any inventory within the space. Whether you're a landlord, a small business owner, or a property investor, having a solid understanding of commercial property insurance is essential. It not only safeguards your physical assets but also provides peace of mind for your financial investment. - read more
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What does plant and equipment insurance cover? Plant and equipment insurance is a specialized form of coverage designed to protect the tools and machinery that businesses rely on for their operations. This type of insurance typically covers various assets, including construction machinery, agricultural equipment, and industrial tools. By safeguarding these critical assets, you can ensure that your business continues to run smoothly even in the event of loss or damage. - read more
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