Latest Australia Headlines
All the headlines from our Australia Topic Page, ordered by recency.
Clorox Australia Fined $5.2 Million Over False Claims of Using Recycled Plastic
Apr 15 2025 // Australia’s competition regulator said on Monday Clorox’s local unit had been fined A$8.25 million ($5.19 million) by the Federal Court over falsely claiming its GLAD kitchen and garbage bags were partially...
Business Moves: Dutch Broker HW International Completes MBO; Jewelers Mutual Buys Australia’s Q Report; Ardonagh Advisory Buys UK Broker ALP Holdings
Apr 7 2025 // Dutch Broker HW International Completes Management Buyout HW International BV (HWI BV), the privately held, Dutch insurance broker, has completed a management buyout with the backing of OBL Investments BV, a privately held...
Hackers Target Australia’s Largest Pension Funds in Coordinated Attacks
Apr 4 2025 // Hackers targeting Australia’s major pension funds in a series of coordinated attacks have stolen savings from some members at the biggest fund, according to a source with knowledge of the matter, and compromised more...
Arthur J. Gallagher & Co. Acquires Brokers in UK and Australia
Apr 3 2025 // Arthur J. Gallagher & Co. this week announced two acquisitions – of the UK’s Bircroft Insurance Services and Australia’s Tresidder Insurance Brokers. Financial details of the transactions were not...
Australia Outback Lashed by Year’s Worth of Rain in Week, With Many Livestock Killed
Apr 1 2025 // Australia’s remote outback in western Queensland has been swamped by flooding after being lashed with a year’s worth of rainfall in a week, sweeping away tens of thousands of livestock. Up to 500 millimeters...
MS Amlin Opens Australia Branch, Taps Aon Re Exec as Head of Australia, New Zealand
Mar 31 2025 // MS Amlin, the Lloyd’s global re/insurer, announced the opening of an Australian branch office in Sydney, subject to Lloyd’s approval. Leading the branch office is Matt Botfield who has been named head of...
Australian Pension Fund Fined A$10.5 Million for Greenwashing
Mar 18 2025 // Australian pension fund Active Super has been fined A$10.5 million ($6.7 million) for making a number of misrepresentations about its environmental, social and governance credentials amid a regulator push to stamp out...
Cyclone Alfred to Cost Australia’s Budget A$1.2B, Hit Growth and Increase Inflation
Mar 17 2025 // Cyclone Alfred will cost Australia’s March 25 budget at least A$1.2 billion [US$759 million], hit growth and put pressure on inflation, Treasurer Jim Chalmers says. In a Tuesday speech previewing the budget, Chalmers...
Australia Regulator Sues FIIG Securities for Cybersecurity Failures
Mar 13 2025 // The Australian securities watchdog said on Thursday it is taking fixed-income broker FIIG to court, alleging it failed to implement adequate cybersecurity measures over a four-year period, which enabled a hacker to...
Australia’s Prudential Watchdog Targets Longest-Serving Board Directors
Mar 6 2025 // Australia’s prudential regulator has long-serving board directors in its sights with a proposal to limit their terms to 10 years. The Australian Prudential Regulation Authority’s suggestion was one of several...
Australia’s Insured Losses From Cyclone Alfred Could Top US$1.3 Billion: S&P
Mar 5 2025 // Australia’s largest property and casualty (P/C) insurers should be well placed to manage claims stemming from tropical cyclone Alfred, which could top A$2billion (US$1.3 billion), according to a report published by...
Cyclone Forces Australian Evacuations as Brisbane Braces for Hit
Mar 5 2025 // Millions of Australians are bracing for a direct hit from a tropical cyclone heading toward the nation’s third-biggest city, with the storm already forcing evacuations and closing ports and schools throughout...
Australia Braces for Rare Cyclone to Hit Busy East Coast
Mar 4 2025 // A large swathe of Australia’s east coast is preparing for strong winds and life-threatening flooding from a tropical cyclone that’s forecast to make landfall north of the nation’s third-largest city....
Gender Pay Gap Endures in Australia’s Financial and Insurance Sectors
Mar 4 2025 // Pay for women and men at firms in Australia’s financial and insurance services sector remains among the most unequal, according to government data that was expanded to include the salaries of more workers and a...
Warnings, Fines Fail to Stop Insurers and Banks From Overcharging Australian Clients
Feb 26 2025 // Last week the Federal Court fined Australia’s biggest superannuation company, AustralianSuper, A$27 million for overcharging customers. The company had breached its legal obligations under the Superannuation Industry...
Powerful Tropical Cyclone Zelia Hits Australia’s Iron Ore Hub
Feb 14 2025 // Tropical Cyclone Zelia made landfall on Australia’s west coast on Friday, the weather bureau said, lashing the world’s largest iron ore hub with heavy rain and wind gusts up to 290 kph (180 mph). The eye of the...
Australia’s Iron Ore Hub Faces Strongest Cyclone Since 2007
Feb 13 2025 // Australia’s iron ore hub is bracing for the strongest cyclone to hit the region since at least 2007, threatening port facilities and big mines operated by companies including Rio Tinto Group and BHP Group. Severe...
Cyclone Zelia Strengthens Off Australia’s Major Iron Ore Hub
Feb 12 2025 // Tropical Cyclone Zelia has strengthened off Western Australia and is expected to cross the coast on Friday near the nation’s major iron ore export hub, bringing heavy rain and damaging wind gusts. Zelia is forecast...
Australia Bans DeepSeek From Government Tech Over Security
Feb 5 2025 // Australia has banned DeepSeek AI services from all government systems and devices, becoming one of the first countries to take direct action against a Chinese artificial intelligence startup that shook Silicon Valley and...
Allianz, IAG Said to Mull Bids for Top Western Australia Insurer
Feb 5 2025 // Insurance firms Allianz SE and Insurance Australia Group Ltd. are among parties considering bidding for Western Australia’s top insurer, according to people familiar with the matter. Allianz and IAG are mulling the...
