All the headlines from our Australia Topic Page, ordered by recency.
Apr 20 2023 // BMS Group, the London-based independent specialist re/insurance broker, has entered into an agreement to acquire West Australian specialist broker Western United Financial Services (WUFS).The terms of the transaction have...
Apr 17 2023 // Emergency authorities in Western Australia were assessing damage on Saturday from a tropical cyclone that hit the state’s northwest, sparing heavily populated areas but affecting several remote communities.Ilsa,...
Apr 14 2023 // The key iron ore export hub of Port Hedland reopened after the biggest cyclone to hit Western Australia in at least a decade made landfall, with a major gold mine facing destructive winds as the storm moves inland.Port...
Apr 13 2023 // Australia’s northwest region, home to the world’s largest iron ore export hub, braced on Thursday for the area’s most powerful tropical cyclone in a decade, as a major port closed and residents rushed to...
Apr 11 2023 // Western Australia could be hit by the largest cyclone in almost a decade this week, with the weather system predicted to cross the coast near a major export port for iron ore that’s to be cleared of vessels.Tropical...
Apr 5 2023 // An Australian government-backed service for victims of identity theft blasted a plan to toughen privacy laws amid an explosion of online data theft, saying it would spur compromised companies to pay ransom and invite more...
Apr 4 2023 // Australia’s competition regulator said it was unconvinced a planned A$4.9 billion ($3.32 billion) buyout by Australia and New Zealand Banking Group Ltd. of a smaller rival would bring public benefits, in a blow to...
Apr 3 2023 // Australian contractor Downer said on Monday it faces a shareholder class action for allegedly making some misrepresentations and withholding certain information about a maintenance contract in its domestic utilities...
Mar 28 2023 // Australia’s financial institutions must improve their resilience to cyberattacks, the head of the nation’s banking regulator said Tuesday.A recent review uncovered a “lack of rigor” in the nature...
Mar 22 2023 // Latitude Group Holdings Ltd. shares slumped as trading resumed for the Australian personal lender that disclosed details of a hack almost a week ago.The stock lost 16% as of 11:40 a.m. in Sydney trading. Hackers stole more...
Mar 16 2023 // Digital payments firm Latitude Group Holdings and intellectual property services provider IPH Ltd. reported data breaches on Thursday, joining a host of other Australian firms targeted by hackers in recent months.Some of...
Feb 20 2023 // Lockton, the world’s largest privately owned insurance brokerage, announced the launch of an Affinity Schemes business in Australia, New Zealand and Pacific.The business will be led by Tanya Dasgupta who recently...
Jan 24 2023 // Australia’s hospitals and health care system are at a high risk from cyberattackers targeting citizens’ personal data, the home affairs minister said, adding the country needed to step up its efforts to combat...
Jan 18 2023 // Global specialty insurance and reinsurance broker BMS reports it has acquired Austbrokers Coast to Coast (C2C), a specialist Australian corporate, business, and retail broker, effective 17 January.BMS is acquiring C2C in...
Jan 10 2023 // Australia’s Labor government proposed on Tuesday to make the country’s biggest polluters slash emissions by 30% over the next seven years, with some leeway for trade-exposed industries, such as aluminum and...
Dec 15 2022 // Arthur J. Gallagher & Co., the global insurance broker, announced the acquisition of Brisbane, Queensland-based Aviation Insurance Australia.Terms of the transaction were not disclosed. Founded in 1993, Aviation...
Dec 14 2022 // Internet services provider TPG Telecom Ltd. became the latest Australian company to fall victim to a high-profile cyberattack, announcing on Wednesday that the emails of up to 15,000 of its corporate customers had been...
Dec 12 2022 // Australian employers are failing to narrow the pay gap between men and women, with finance firms among the worst offenders.Females earned 22.8% less than males, the first time that progress has stalled since the government...
Dec 5 2022 // Public data on natural disaster risks for homeowners and businesses will be crucial for making Australia’s economy more resilient to climate change, according to the head of sustainable finance at National Australia...
Dec 1 2022 // Howden, the London-based insurance broker, announced it has increased its shareholding to 100% in AlphaXO Risk Partners, an Australian specialty insurance broker.Financial details of the deal were not disclosed....