The Australian Prudential Regulation Authority (APRA) has announced a significant escalation in oversight of KeyInvest Limited, imposing an additional capital...

APRA seeks input on minor adjustments to the prudential and reporting framework for ADIs, insurers, and RSE licensees

by Jenny Goodwin

26 August 2025

The Australian Prudential Regulation Authority (APRA) has initiated a public consultation regarding minor updates to the prudential and reporting framework...

Bupa in court accused of unconscionable conduct and misleading customers over health insurance entitlements

by Catarina Brooks

26 August 2025

Australia’s competition regulator has launched court proceedings against private health insurer Bupa, alleging the company misled members and wrongly denied...

Cyclone reinsurance pool lowers premiums in high-risk areas but affordability concerns remain

by Catarina Brooks

25 August 2025

The Australian Competition and Consumer Commission has found the federal government’s cyclone reinsurance pool reduced premiums for many households and...

Webjet to pay $9m fine over misleading claims about airfares and bookings

by Catarina Brooks

25 August 2025

The Federal Court has ordered online travel agency Webjet to pay $9 million in penalties after finding the company made...

ASIC sues Mercer Super over alleged systemic failure to report member services investigations

by Maddie Crawley

25 August 2025

ASIC has launched Federal Court action against Mercer Super. The regulator alleges the fund failed to report investigations into serious...

ASIC calls on life insurers to lead reforms in direct sales practices

by Maddie Crawley

25 August 2025

The Australian Securities and Investments Commission (ASIC) is urging life insurance companies to enhance their product offerings and sales practices....

ASIC calls on life insurers to lead the way in enhancing direct sales practices

by Maddie Crawley

25 August 2025

The Australian Securities and Investments Commission (ASIC) is urging life insurance companies to enhance their practices in product design, sales,...

New data highlights ASIC’s increased emphasis on consumer and retail investor protection

by Maddie Crawley

25 August 2025

The Australian Securities and Investments Commission (ASIC) has issued a warning to Australians regarding informed investment decisions. This comes after...