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Insurance News

Government Unveils Major NDIS Reforms Targeting Over $36 Billion in Savings
Government Unveils Major NDIS Reforms Targeting Over $36 Billion in Savings
03 Jun 2026: Paige Estritori
The Australian government has announced substantial reforms to the National Disability Insurance Scheme (NDIS) as part of the 2026 federal budget, aiming to save more than $36 billion over the next four years. These changes are intended to curb the scheme's rapid growth and ensure its sustainability, while refocusing support on individuals with significant and permanent disabilities. - read more
Soft Conditions Persist in Australia's Commercial Insurance Market Through H1 2026
Soft Conditions Persist in Australia's Commercial Insurance Market Through H1 2026
27 May 2026: Paige Estritori
Australia's commercial insurance market has maintained its soft stance throughout the first half of 2026, characterized by competitive pricing and expanded insurer capacity. This trend is largely attributed to improved insurer profitability, stabilized reinsurance conditions, and a global surplus of capital, all contributing to downward pressure on premiums across various insurance classes. - read more
Regulators Call for Action on TPD Insurance Sustainability Amid Rising Mental Health Claims
Regulators Call for Action on TPD Insurance Sustainability Amid Rising Mental Health Claims
27 May 2026: Paige Estritori
The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) have jointly raised concerns regarding the sustainability of Total and Permanent Disability (TPD) insurance, particularly in light of the increasing prevalence and complexity of mental health-related claims. - read more
Key Takeaways from the 2026-27 Federal Budget for Australia's Insurance Industry
Key Takeaways from the 2026-27 Federal Budget for Australia's Insurance Industry
27 May 2026: Paige Estritori
The 2026-27 Federal Budget, presented by Treasurer Jim Chalmers on May 12, introduces several measures with significant implications for the Australian insurance industry. These initiatives aim to address pressing issues such as property insurance costs, underinsurance, and regulatory frameworks, while also highlighting areas where further action is needed. - read more
Australia's Non-Life Insurance Sector Reports Significant Revenue Growth
Australia's Non-Life Insurance Sector Reports Significant Revenue Growth
19 May 2026: Paige Estritori
Australia's non-life insurance industry has demonstrated remarkable resilience, achieving an 11.1% increase in revenue for the fiscal year ending 30 June 2025. This growth has propelled the sector's total insurance revenue to approximately AUD 77.7 billion, underscoring the industry's capacity to navigate a volatile economic landscape. - read more
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Insurance Articles

How to Choose the Right Boat for Your Needs and Budget
How to Choose the Right Boat for Your Needs and Budget
Choosing the right boat can be a daunting task, particularly if you’re new to boating or unfamiliar with the full range of options available. With so many different types, sizes, and features to consider, it’s important to have a clear understanding of your needs and preferences before you start shopping for a boat. - read more
Boat Insurance: How a Specialist Broker Can Save You Time, Money, and Hassle
Boat Insurance: How a Specialist Broker Can Save You Time, Money, and Hassle
Boating can be an enjoyable pastime, but it also comes with risks. From accidents to theft, unexpected events can take a toll on your finances and boat. This is where boat insurance comes in. Boat insurance provides financial protection in the case of accidents, theft, or other damage to your vessel. - read more
The Ultimate Guide to Understanding Life Insurance in Australia
The Ultimate Guide to Understanding Life Insurance in Australia
Life insurance is a contract between an individual and an insurance company. The insurer promises to pay a designated beneficiary a sum of money upon the death of the insured person. - read more
How to Make a Claim on Your Boat Insurance Policy in Australia
How to Make a Claim on Your Boat Insurance Policy in Australia
Boat insurance claims are an important aspect of owning a boat, as accidents and damages can happen unexpectedly. It is essential to understand the boat insurance claim process in Australia, as it can be complex and overwhelming at times. - read more
Business Insurance Essentials: What Every Australian Entrepreneur Should Know
Business Insurance Essentials: What Every Australian Entrepreneur Should Know
Running a business comes with its fair share of risks and challenges. From natural disasters to employee injuries, there's a lot that can go wrong. This is why having the right business insurance is crucial for any Australian entrepreneur. - read more

Knowledgebase
Insurance broker:
An agent acting on behalf of the insured (not the insurance company) who negotiates the terms and cover provided by the insurer in the insurance policy.

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