Business news

Review ordered on insurance premium rises

Financial watchdogs have ordered life insurance companies to review their premium increases following customer concerns about price rises.

Ex-ANZ unit rejected claim in 'bad faith'

Former ANZ subsidiary OnePath failed to inform a consumer of her rights when rejecting an allegedly fraudulent insurance claim, ASIC has said.

Harvey Norman spruiks Malaysia opportunity

<p>Harvey Norman, which is holding its annual general meeting, says quarterly sales for its 28 Malaysian outlets have jumped by almost 40 per cent.</p...

QBE warns of $100m catastrophe blowout

<p>QBE expects to exceed its catastrophe allowance by around $100 million this year as the war in Ukraine and extreme weather events cause elevated cl...

Retail sales strong but rate rises biting

<p>Spending reached another high in September with price inflation and an extra national public holiday contributing to a $35.1 billion month for reta...