December 2024
How it just became even better to buy an apartment in NSW
A High Court ruling has made it easier for off-the-plan buyers to sue developers and builders for defects – but only if they live in the largest state.
September 2024
US bond insurance issuer lands in Australia, targets infrastructure
New York’s BAM Mutual has its eyes fixed on this country’s growing pipeline of energy transition and social need projects.
July 2024
Architects, fire engineers, building surveyors fingered over cladding
Victoria’s combustible cladding crisis shows the permit system failed to ensure compliance with building rules, a new government agency report shows.
April 2024
Strata reforms send bills soaring from just $5000 to $60,000
The NSW government made sweeping changes to prevent horrific development failures. Did it go too far?
February 2024
Allianz calls time at Hunter Premium Funding; hires sell-side adviser
Hunter, which traces its history back to 1977, helps large businesses split hefty bills for insurance premiums into smaller instalments.
September 2023
RCR had ‘two sets’ of books, lawyers say after $40m settlement
The engineering group had dual accounts showing different pictures of its finances before it collapsed, lawyers said after settling a long-running class action lawsuit.
June 2023
Tech start-ups Espresso Displays and POP defy slowdown
Diversification in global markets has allowed these two Aussie technology start-ups to sail through slowdowns.
August 2022
Insurer goes after builder LU Simon on another cladding tower
The damages claim over Melbourne’s second cladding fire in an apartment building raises questions about who will ultimately pay for the losses.
June 2021
NSW cladding remediation to kick off this year
The different processes taken by states in rectifying cladding means insurers have to respond to a number of different models.
March 2021
Appeal court agrees LU Simon shouldn’t pay for Lacrosse cladding
The judgment dashes hope for a quick end to the insurance crisis that has left building industry consultants largely unable to secure cover for cladding-related projects.
February 2021
Builders, architects, insurers await Lacrosse cladding appeal ruling
A legal challenge to the 2019 judgment that hit the consultants - but not builder LU Simon - for use of combustible panels has just wound up.
Why staff are your biggest cyber security risk
Basic human manipulation is the root cause of most successful cyber security attacks, Malcolm Turnbull’s former cyber tzar Alastair MacGibbon says.
Cladding’s insurance quandary costs Victoria $7m
Insurers still won’t cover cladding risk and that’s forced Victoria’s government to take out special cover – for its own cladding fix program.
January 2021
Rise in director premiums unsustainable, warns AICD
Many ASX 200 companies are re-evaluating the benefits director and officer insurance can bring to their organisations, says insurance giant Marsh.
November 2020
Directors' insurance reprieve as Worley win steels C-suite nerves
After years of meteoric growth and increasing C-suite anxiety, the cost of directors and officers liability insurance should stabilise over coming years, but there's still plenty of pain to come.
September 2020
Why QBE had to sack Pat Regan
The dismissal of the insurer's chief executive is another own goal for the company, but it is also a definitive moment for culture in corporate Australia.
July 2020
We will make new litigation funding rules work: ASIC
High fees and super profits for litigation funders would not be covered in a rules shake-up, but ASIC says they will expand existing 'light-touch' regulation.
Class actions making directors' insurance unaffordable
The chief of Australia's largest C-suite insurance broker says the increase in premiums has the directors' and officers' insurance market at a 'tipping point'.
Pandemic rains on Harmer's IAG legacy
Insurance Australia Group is the latest big insurer to reveal COVID-19 hits to profits. It comes at an interesting time for IAG because it is searching for a new CEO to replace Peter Harmer.
June 2020
NSW opens door to thousands of defect claims
A new law gives hope to apartment owners with no way to seek redress, but it risks worsening the industry insurance crisis.