Australia Regulator Questions Benefits of ANZ’s $3.3B Suncorp Buyout April 4, 2023 By Scott Murdoch and Byron Kaye Australia’s competition regulator said it was unconvinced a planned A$4.9 billion ($3.32 billion) buyout by Australia and New Zealand Banking...
Specialty Re/Insurer Canopius Expands in APAC, With Launch of Melbourne Office March 1, 2023 Canopius Group, the global specialty re/insurer, announced the opening of a new trading office in Melbourne, Australia. The operation will...
Lockton Launches Affinity Biz in Australia, New Zealand and Pacific, Led by Dasgupta February 20, 2023 Lockton, the world’s largest privately owned insurance brokerage, announced the launch of an Affinity Schemes business in Australia, New Zealand...
Australia’s Financial Services Firms Failing to Narrow Gender Pay Gap: Report December 12, 2022 By Amy Bainbridge Australian employers are failing to narrow the pay gap between men and women, with finance firms among the worst offenders....
Data on Natural Disaster Risks Crucial for Australia’s Climate Resilience December 5, 2022 By Harry Brumpton Public data on natural disaster risks for homeowners and businesses will be crucial for making Australia’s economy more resilient to...
Ardonagh Group to Buy Australian Insurance Investment, Distribution Firm Envest November 23, 2022 The Ardonagh Group, the London-based independent insurance distribution platform, announced it has agreed to acquire Envest Pty Ltd., an Australian...
Australian Corporate Watchdog Investigates Firms for ‘Greenwashing’ November 8, 2022 Australia’s corporate watchdog is investigating several companies and financial institutions for “greenwashing,” or exaggerated claims regarding environment-friendly investment and products,...
Proposed Australian Law Would Make It Employers’ Job to Stop Sexual Harassment September 27, 2022 By Ben Westcott New legislation introduced into Australia’s Parliament will place a “positive duty” on employers to prevent workplace sexual harassment, as part...
Australia on High Alert for Foot-and-Mouth Disease in Its Cattle Herds July 25, 2022 By Sybilla Gross Australia is on high alert for foot-and-mouth disease in its cattle herds after traces of the virus were found on...
ANZ Agrees to Buy Australian Insurer Suncorp’s Bank Operations for $3.3 Billion July 18, 2022 By Harry Brumpton Australia & New Zealand Banking Group Ltd. agreed to buy Suncorp Group Ltd.’s banking operations for A$4.9 billion ($3.3 billion)...