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AFCA
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NIBA has lodged a submission in support of key amendments proposed by the Australian Financial Complaints Authority (AFCA) to its Rules and Operational Guidelines.

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NIBA appeared before the NSW Legislative Council’s Public Accountability and Works Committee this week to provide evidence as part of the Committee’s inquiry into the Workers Compensation Legislation Amendment Bill 2025. 

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Late Thursday afternoon, members of the NSW Legislative Council voted to refer the Bill to the Public Accountability and Works Committee.

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The Bill proposes a number of structural changes to the workers compensation system in NSW, with a particular focus on psychological injuries

Government
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NIBA

NIBA acknowledges the devastating impact of the severe flooding that is unfolding across the Mid North Coast and Hunter regions of New South Wales and stands in solidarity with affected communities. 

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AFCA has announced that it will no longer issue physical or digital membership certificates from the 2025–26 financial year, shifting instead to a digital-first verification process. 

AFCA
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The Australian Financial Complaints Authority (AFCA) has commenced public consultation on proposed changes to the rules that govern its operations, with a major focus on expanding its jurisdiction to cover receiving banks in scam complaints.

Government
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NIBA

The Australian Securities and Investments Commission (ASIC) has proposed to publish interactive dashboards containing industry and firm-level data on Reportable Situations (RS) and Internal Dispute Resolution (IDR).

Government
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NIBA

WorkCover WA has finalised changes to a number of approved forms as part of its ongoing implementation of the Workers Compensation and Injury Management Act 2023, which came into operation on 1 July 2024.

nsw government workers compensation
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NIBA

Last week the NSW Standing Committee on Law and Justice held a public hearing into the NSW Government’s proposed changes to liability and entitlements for psychological injury.