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States agree on uniform insurance laws
State governments will introduce legislation to potentially reduce public liability insurance premiums by around 13.5% as part of a national


Small biz must wait for law changes
The small business sector will have to wait for legislative changes to take effect to ease their insurance nightmare after


Govt moves to defend its 'tax on a tax'
The Victorian government has moved to clarify legislation covering stamp duty on insurance premiums. The move is in response to a


Cooperation a must for ins. laws to work
Cooperation from the insurance industry is needed to ensure proposed legislative changes are effective, Victorian treasurer John Brumby says. The Victorian


Insurers join calls for state tax reform
The Insurance Council of Australia (ICA) has added its voice to calls for state governments to reduce the high rates


NSW takes lead, cuts duty on insurance
The New South Wales government has unveiled its intention to halve the rate of stamp duty on all general insurance,


Public liability reforms focus on insurers
Insurance companies will be required to provide affordable public liability products on the basis of a reform package agreed to


PM claims premium hikes are our fault
Prime Minister John Howard has expressed clear dissatisfaction with the community's attitude to liability for accidents and injuries. Following today's meeting


Govt looks to short-term insurance fix
No clear solutions for business were presented at Wednesday's ministerial meeting on public liability premiums. A joint ministerial statement says due


National summit to look at premium rises
State solutions to the rising insurance premium problem will need national help, the Queensland Treasurer says. A national summit on the


Advice on minimising insurance cost hikes
The collapse of insurance giant HIH in March this year - coupled with the terrorist attacks in the United States


Ins. premium hike threats are propaganda
Insurance company claims that their premiums will have to rise substantially due to increased claims were 'propaganda', according to lawyers. The


States double dip on insurance stamp duty
State and territory treasurers have been called on to drop stamp duty on new insurance policies businesses have been forced


Oz sets record for highest insurance taxes
Australia holds the "world record" for taxes levied on home and fire (business) insurance. A comparison by Deloitte Touche Tohmatsu shows


Employers urged to declare correct wages
Queensland employers are being urged to check the new definition of a "worker" before declaring their wages bill to WorkCover


Half of all small biz's inadequately insured
Almost half (47%) of all small businesses admit they are inadequately insured, a national report commissioned by NRMA Insurance has


Insurance groups add insult to injury
To add insult to injury for those businesses stung by the HIH collapse, new data shows the finance and insurance


Many SMEs not eligible for HIH bail-out
Businesses with 50-plus employees will miss out on federal government assistance for operators caught in the HIH Insurance collapse. Enterprises that


Fed gov's half-a-billion dollar HIH bailout
Most small businesses look set to be well covered by the federal government's $500 million bailout package for failed insurance


Vic + fed govts come to aid of HIH victims
The Bracks government in Victoria has announced a $35 million rescue package for house owners who are the victims of


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Tuesday, September 07, 2010