‘No agreement’: states take aim at Labor over NDIS cuts
State and territory ministers have attacked the federal government over its planned NDIS changes, warning it risks leaving disabled people stranded.
insurance
‘Blood on your hands’: disability reforms blasted
Disability and human rights advocates have serious concerns about a planned overhaul of the National Disability Insurance Scheme.
Advocates push to delay key reforms to the NDIS
An inquiry is set to hear calls for sweeping government changes to the National Disability Insurance Scheme to be pushed back.
‘Back in the 1970s’: NDIS changes to take away dignity
Cost-saving measures targeting the National Disability Insurance Scheme will strip disabled Australians of their dignity, advocates have warned.
‘I’m so scared’: jewel fraudster jailed for sham heist
The owner of a jewellery store and a man he hired for a fake robbery in a $2.5 million attempted insurance fraud could both walk free from jail in months.
AMP leaders defend share price, tout AI future
There is no sideline position to take in the disruptive moment offered by artificial intelligence, the leader of an Australian wealth stalwart says.
Insurer’s shares soar to four-month high on profit rise
QBE shares have rocketed after reporting a net profit increase of 21 per cent on higher premiums and fewer disaster payouts.
Private health insurance hike another blow for budgets
Under-pressure households will likely downgrade rather than ditch their private insurance after the health minister approved a big fee hike.
Destructive hailstorms slash insurer firm’s bottom line
Suncorp's first-half profit has dropped 76 per cent after the insurer paid $1.3 billion in natural hazard claims, mostly related to two thunderstorms.
Shares in wealth manager plunge in earnings bloodbath
AMP shares have plummeted amid questions from analysts about why shareholders should watch their money being "torched" to fund the company's new digital bank.
Hailstorms, cyclones prompt multibillion-dollar claims
From hail damage on cars to rooves ripped off homes, severe weather events across Australia caused an eye-watering $3.5 billion in insured losses in 2025.
Few claims coming for Qld floods, as Katter wants dams
Insurers are yet to see a deluge of claims from the northwest Queensland floods, reflecting the predicament of under-insured farmers and producers.
Australia makes list of 2025’s costliest climate events
From catastrophic wildfires in Los Angeles to devastating floods in Asia, it's been a tough year of climate extremes and their economic burdens.
Businesses spared rising costs as peace deal struck
Christmas has come early for businesses with a months-long impasse on workers compensation resolved, ensuring insurance premiums do not surge.
Profits up in calmer weather for insurance group IAG
The group that owns some of Australia's biggest insurance brands says profits have been strong so far in 2025/26, but is mindful conditions can change quickly.
Australia’s frustration with motor insurance grows
Australia's financial product watchdog continues to grapple with a mountain of complaints, with car insurance the leading cause of consumer consternation.
Cyclones, flooding drive $2b surge in insurance claims
Cyclones, rain and flooding have cost Australians nearly $2 billion in damages in the first half of the year but it could have been worse.
Cyclone Alfred damage bill to rain on insurer’s parade
Insurance claims for damage linked to ex-tropical cyclone Alfred and earlier record flooding in north Queensland have almost reached $1.5 billion, data shows.
Insurer profits boom to $6.1b after steep premium hikes
Insurance companies have collectively banked $6.1 billion in annual profit after raising premiums and facing fewer significant weather events.
Dental body sinks teeth into private health policies
Australia's peak dental body is calling for greater transparency around private health insurance to provide more clarity and protection for policy holders.
Three-year payout row: flood victim’s insurance warning
A flood victim who waited three years for her insurance payout warns the thousands of people making claims over ex-tropical cyclone Alfred to brace for a fight.
Climate risk main reason premiums are rising: insurers
Breaking up big companies is no silver bullet to keep insurance premiums affordable, the sector says.
Insurance claims flood in after torrential rains
Claims have begun rolling in from a region that pays the highest insurance premiums in the country after communities were ravaged by heavy rain and flooding.
The ‘existential’ threat facing the corporate watchdog
Corporations and regulators are struggling to adapt to modern business conditions and regular Australians are suffering as a result, says ASIC boss Joe Longo.
More insurance pain possible following LA fires
Insurance premiums are already rising in Australia and destructive fires in the United States may help keep costs high.
Insurance giant sued over ‘loyalty tax’ on policies
A class action has been filed against NRMA Insurance's parent on behalf of millions of customers allegedly ripped off on home and contents insurance policies.
Insurers ‘price gouging’ with secret premium hikes
Millions of Australians are being overcharged by health insurers using a loophole to dodge the rules against raising premiums.
Insurer’s disaster claims running well under budget
Insurer IAG had relatively fewer natural peril claims in the first quarter of 2024/25, but CEO Nick Hawkins says everyone realises how quickly that can change.
Building bans and buybacks floated for flood zones
A federal investigation into flood insurance failures urges an end to building in high-risk areas and government intervention to stop skyrocketing premiums.
Quit stage diving at concerts, insurers tell musicians
Insurance companies want performers to stop stage diving and throwing things at Australian live music events, an inquiry has been told.
Tourist hotspots face climate change ‘peril’
A report from a global insurance giant reveals half of Australia's tourist hotspots face high risks, and possible "natural peril" from climate change.