All the headlines from our Australia Topic Page, ordered by recency.
Feb 1 2022 // A report released by Rio Tinto on Tuesday outlined a culture of bullying, harassment and racism at the global mining giant, including 21 complaints of actual or attempted rape or sexual assault over the past five...
Jan 31 2022 // io.insure, the world’s first online mergers and acquisitions (M&A) insurance marketplace for small and medium-sized business (SME) transactions, announced it has launched in Australia.The io.insure marketplace is...
Dec 27 2021 // MELBOURNE – India’s Adani Group is preparing to ship the first coal cargo from Australia’s most controversial mine, after battling a seven-year campaign by climate activists and defying a global push away...
Dec 13 2021 // The initial industry loss estimates for Southern Australia’s severe storms, which occurred during the period of Oct. 28-30, 2021, are A$1.03 billion (US$739 million), according to PERILS, the independent Zurich-based...
Dec 3 2021 // Severe flooding episodes across vast swathes of eastern Australia this week show no signs of relenting as costs to farmers continue to mount, with another bout of heavy rain on course to hit the already sodden growing...
Dec 2 2021 // Arthur J. Gallagher & Co. announced the acquisition of Caulfield, Victoria-based Sound Insurance Services in Australia.Terms of the transaction were not disclosed. Gallagher Completes $3.25B Purchase of Willis’...
Nov 30 2021 // Westpac Banking Corp. agreed to pay A$113 million ($80.6 million) in penalties after the Australian regulator alleged the lender had widespread compliance failures that included charging dead people.The case includes a...
Nov 23 2021 // Australia’s weather bureau said on Tuesday a La Niña weather phenomenon had developed in the Pacific Ocean for the second year in a row that could bring above average rainfall across the country’s center,...
Nov 19 2021 // Australia’s corporate regulator said on Friday it was suing MLC Life Insurance for causing financial harm of A$17.5 million ($12.73 million) to over a quarter million customers by not paying benefits and charging...
Oct 29 2021 // The Insurance Council of Australia (ICA) has declared an insurance catastrophe for parts of South Australia, which were hit by significant hail, rain, and strong winds over the past 24 hours.Insurers have received more...
Oct 26 2021 // SYDNEY – A small Australian publisher is calling for the government to enforce a new law to compel Facebook Inc to negotiate a content deal, prompting the architect of the rule to say he was “concerned” about...
Oct 15 2021 // Australia’s corporate regulator commenced civil proceedings against a unit of Insurance Australia Group on Friday, for failing to pass on discounts worth A$60 million ($44.51 million) to nearly 600,000 customers.The...
Oct 11 2021 // A class action lawsuit that claims Australia is misleading investors by failing to disclose the impact of climate risk in its bonds will proceed after government lawyers failed to get the case dismissed.The lawsuit may...
Oct 7 2021 // Australia’s top law officer has written to her state counterparts urging them to redraft the country’s defamation law after a High Court ruling that publishers of social media posts are liable for reader...
Oct 1 2021 // PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data, has announced the launch of a new platform providing real-time industry loss estimates for hailstorm events in...
Sep 28 2021 // Australian insurance startup Cover Genius Pty Ltd. boosted its valuation to A$1 billion ($729 million), after raising A$100 million [$72.8 million] from investors including G Squared and Japanese insurer Sompo Holdings...
Sep 17 2021 // Zurich Insurance Group AG is considering a sale of some of its general insurance assets in Australia as the Swiss firm seeks to streamline its portfolio, according to people familiar with the matter.The insurer is working...
Sep 16 2021 // Commonwealth Bank of Australia, the country’s top lender, said on Thursday it would plead guilty to 30 charges brought against it in the federal court for mis-selling consumer credit insurance (CCI) to its...
Sep 14 2021 // This edition of International People Moves details appointments at three brokers: BMS, Oneglobal Broking and Miller.A summary of these new hires follows. BMS Australia Names Gallagher’s Van Dugteren, Aon’s...
Sep 9 2021 // MELBOURNE — Australia’s biggest news publishers including Rupert Murdoch’s the Australian are responsible for comments that readers post on their corporate Facebook pages, the High Court ruled on...