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The Greens want Canberra to finance a $50 million kitty to help affected apartment owners pay for the urgent removal of flammable cladding materials. The Emergency Cladding Safety Fund is part of a five-point plan the Greens are pushing to address the cladding crisis ahead of the federal election next week. “Governments are passing the...
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The directors’ and officers’ market is continuing to deteriorate for Australian-listed companies as premiums keep rising and insurers moving to improve profitability become more selective. Companies in the ASX200 experienced a median 122% increase in primary premiums in the second half of last year following an 89% gain in the first six months, an Aon...
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A few hours ago, in a courtroom with standing room only, his Honour Judge Woodward handed down what could end up being the most anticipated decision for 2019 – the decision flowing from the rectification of the cladding on Melbourne’s Lacrosse residential tower (Lacrosse), following the 24 November 2014 fire that is alleged to have caused current and anticipated losses exceeding $12 million. The commencement of the fire was quite simple –...
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18 October 2018 |  An underground 11,000 volt cable owned by SA Power Networks (SA Power) (the respondent on appeal and the plaintiff at trial) was severed by sub-contractors, D&V Services Pty Ltd (D&V) (the appellant on appeal and the defendant at trial), which led a nearby earth leakage detector to trip, causing significant damage...
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The Insurance Council of Australia (ICA) has offered a counter-proposal to Canberra’s plans to extend unfair contract terms legislation to the sector. It suggests that a standalone set of unfair contract terms protections be introduced in the Insurance Contracts (IC) Act, which largely mirror those in the Australian Securities and Investments Commission (ASIC) Act. “If...
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A strata manager or owners’ worst nightmare: a phone call from the tenant who says a flexible braided water hose under the sink has burst and there is water going everywhere. It can mean some 1,500 litres of water per hour flowing through the property. This is a growing issue as many property owners are...
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The Supreme Court of Western Australia determined that, despite its interpretation rendering certain policy terms redundant, if a person or entity falls within the general definition of ‘insured’ in a policy schedule, but is unspecified by use of a proper noun, it is entitled to coverage as an insured. In Issue Whether the definition of...
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  Photo: WA is already home to the world’s biggest lithium mine in Greenbushes. (ABC South West: Ruslan Kulski) One of the world’s biggest lithium refineries is set to be established south of Perth, which the state government says puts WA at the centre of the booming global industry. The 50-50 joint venture between Australia’s...
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The plaintiff was injured while on a work trial at a bakery. The defendants argued that she was a worker under the WA workers’ compensation legislation. In Issue Whether a person on a work trial is a ‘worker’ within the Workers’ Compensation and Injury Management Act 1981 (WA). The Background The defendants were a husband and wife who operated a bakery...
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The Office of the Australian Information Commissioner (OAIC) has released its first quarterly report into notifiable data breaches, which shows 63 reported breaches since the scheme began on 22 February 2018.  That means in only its first 38 days, the scheme is averaging more than two notifications every business day. Gerry Power, National Head of...
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