Headlines from our Australia Topic Page with the most time spent reading.
Mar 4 2024 // After a year of deadly wildfires around the globe, the world is burning again from Texas to Australia — and in some regions, the blazes are igniting early.Canada’s Alberta province said last month that wildfire...
Jul 30 2024 // Australia’s plans to introduce stringent rules on climate disclosures are driving up concerns among businesses about compliance in one of the world’s biggest per-capita emitters.More than 6,000 companies...
Sep 16 2024 // Elon Musk, owner of social media platform X, on Friday [Sept. 13] called Australia’s center-left government “fascists” over proposed legislation to slap fines on social media firms for failing to prevent...
Apr 23 2024 // Elon Musk lashed out at Australia’s prime minister on Tuesday after a court ordered his social media company X take down footage of an alleged terrorist attack in Sydney, and said the ruling meant any country could...
Oct 23 2024 // Australia’s corporate regulator is taking QBE to court, alleging that the country’s biggest insurer by gross written premiums misled more than half a million customers about discounts on various products during...
May 8 2024 // Ardonagh Group, the London-based independent insurance distribution platform, announced it has agreed to acquire Australia’s PSC Insurance Group Ltd., in a deal valued at A$2.3 billion (US$1.5 billion).PSC is a...
Aug 26 2024 // Home insurance is becoming unaffordable for a growing number of Australian households as increased climate threats drive up their premiums, potentially putting billions of dollars in mortgage loans at risk, a report said...
Aug 9 2024 // Australia’s QBE Insurance Group on Friday reported a more than twofold jump in its first-half profit, boosted by higher income from premiums, but missed analysts’ view, sending its shares to over a six months...
Jan 12 2024 // Australians bracing for a return of scorching heat and wildfires are instead battling a prolonged deluge of rain across the country’s east that’s inundated homes and damaged crops from sugar to wheat.Vast areas...
May 7 2024 // Australia’s Qantas Airways agreed to pay A$120 million ($79 million) to settle a regulator lawsuit over the sale of thousands of tickets on already canceled flights, in an attempt to end a reputational crisis that...
Dec 23 2024 // Fire restrictions are in place across the Australian state of Victoria as one of its most popular national parks burns and officials warn of potentially “catastrophic” conditions in some areas over Christmas.A...
Mar 12 2024 // Australia’s worsening climate change may see insurance companies and banks withdraw their services from communities vulnerable to extreme events, potentially triggering “cascading effects” across the...
Jul 18 2024 // This edition of International People Moves details appointments at Liberty Mutual Re and H.W. Kaufman Group London.A summary of these new hires follows here. Liberty Mutual Re Taps Aon’s De La Mare to Lead...
Apr 16 2024 // An El Niño weather event has ended, Australian weather authorities said on Tuesday, adding that they were uncertain if a La Niña phenomenon would form later this year, as other forecasters have predicted.The cycle...
Feb 15 2024 // Powerful winds have killed a man and brought widespread destruction across Australia’s second-most populous state, leaving 530,000 homes and businesses without power and fanning fires that razed homes and injured...
Mar 18 2024 // Uber agreed to pay A$271.8 million ($178 million) to compensate thousands of taxi drivers in Australia who claimed they lost income when the ride-share company entered the local market.Uber Technologies Inc. settled the...
Oct 15 2024 // The likelihood of a La Niña weather event in coming months has decreased, Australia’s weather bureau said on Tuesday, adding that if the phenomenon did appear, it would be weak and short-lived.The development of La...
Oct 8 2024 // Australia is likely to see an above average number of severe tropical cyclones this season, according to the nation’s weather agency, which have the potential to damage crops and flood mining operations.The...
Jan 25 2024 // Australia is being lashed by damaging winds and heavy rainfall as Severe Tropical Cyclone Kirrily makes landfall, the biggest system to hit the Queensland coast in almost five years.Kirrily is crossing near Townsville as a...
Aug 12 2024 // The risks from the growing number of natural disasters offer Australia’s largest pension funds a chance to boost returns.Colonial First State, one of the nation’s biggest pension and wealth managers, is looking...