- H5 Bird Flu Detections: What Farm Operators Should Review Now
Australia’s H5 bird flu situation has moved quickly, with authorities responding to new detections in migratory seabirds, including a confirmed case in New South Wales and further concerns in Western Australia.
- Cyclone Insurance Savings Offer Relief, But Farmers Still Face a Hard Market
The ACCC’s final monitoring report on the Australian Government’s cyclone reinsurance pool offers a cautiously positive signal for parts of northern Australia. Premium relief is showing up in higher cyclone-risk areas, particularly for home, strata and small business policies.
- Rural Insurance Costs Face Fresh Scrutiny in Queensland
Insurance affordability in south-west Queensland has moved from local frustration to a national competition issue, after Maranoa MP David Littleproud lodged a formal complaint with the Australian Competition and Consumer Commission over sharp premium increases across the region.
- Australian Government Unveils $27 Million Drought Resilience Fund
In response to ongoing drought conditions affecting various regions, the Australian government has introduced a $27 million funding package designed to enhance the resilience of farmers and rural communities against future droughts and extreme weather events.
- InsurABLE's New Model Aims to Revolutionize Drought Insurance for Farmers
InsurABLE, a company specializing in agricultural insurance solutions, has unveiled a groundbreaking model designed to offer Australian farmers financial protection against the adverse effects of drought. This initiative comes at a time when climate variability poses significant challenges to the agricultural sector.
- Rise in Farm Fatalities Linked to Side-by-Side Vehicle Accidents
Recent statistics have revealed a concerning increase in farm-related fatalities across Australia, with side-by-side vehicles (SSVs) emerging as the leading cause of these tragic incidents. This marks the first time SSVs have surpassed tractors and quad bikes in fatality statistics, underscoring the need for immediate attention to farm safety practices.
- Comprehensive All-Risk Insurance Now Available for Large-Scale Australian Farms
In a significant development for Australia's agricultural sector, Harland Green, a newly established Lloyd's coverholder, has unveiled an all-risk farm insurance package specifically designed for large commercial farming operations.
- Strategic Insurance Planning Essential for Australian Farmers Facing Rising Premiums
With Australian farm incomes under pressure and insurance premiums rising by up to 40% in some regions, agricultural leaders are urging producers to move away from a 'set and forget' mentality. In today's climate, being strategic with your insurance is no longer just a recommendation—it is a vital business necessity.
- NRMA's Exit from Farm Insurance: What It Means for Australian Farmers
Urgent Update for Australian Farmers: NRMA Exits Farm Insurance Market—Here’s Your Trusted Alternative
- Preparing for Summer Storms: Essential Steps for Australian Farmers
As the Australian summer approaches, farmers are being urged to brace themselves for potential storm-related damages. Recent data from Elders Insurance reveals a significant uptick in storm-related insurance claims, underscoring the need for proactive risk management strategies.
- The Growing Importance of Cyber Insurance in Australian Agriculture
In today's rapidly evolving agricultural landscape, technology plays a pivotal role in enhancing productivity and efficiency. However, this digital transformation also introduces new vulnerabilities, particularly in the realm of cyber security.
- WA Government's Upcoming Exit from AEGIC Partnership
The Western Australian (WA) government has announced its intention to conclude its partnership with the Australian Export Grains Innovation Centre (AEGIC) by June 2026. This decision marks a significant shift in the state's involvement in national grain research and development initiatives.
- Unified Strategy Announced for Sheepmeat and Wool Industries
Sheep Producers Australia (SPA) has unveiled plans to develop a comprehensive strategy that encompasses both the sheepmeat and wool sectors. This initiative, supported by federal funding, aims to foster collaboration and drive innovation within the Australian sheep industry.
- ACCC Reviews Bega's Proposed Acquisition of Fonterra's Australian Operations
The Australian Competition and Consumer Commission (ACCC) has initiated an investigation into Bega's proposal to acquire Fonterra's Australian assets. This move has significant implications for the dairy industry, particularly concerning market competition and consumer choice.
- Embracing Sustainability: A New Era in Australian Farm Risk Management
In recent years, Australian agriculture has faced increasing challenges due to climate volatility, including droughts, extreme heat, and unpredictable rainfall. These factors have not only affected crop yields and livestock health but have also led to financial instability for many farmers.
- SafeWork NSW's Proactive Approach to Enhancing Farm Safety
SafeWork NSW has intensified its efforts to improve safety standards across regional farms by conducting a series of proactive inspections. Recognising agriculture as one of Australia's most hazardous industries, these inspections aim to address the high incidence of fatalities and serious injuries associated with farm work.
- APRA's New Standards: Strengthening Operational Risk Management in Financial Services
The Australian Prudential Regulation Authority (APRA) has implemented new prudential standards aimed at bolstering operational risk management across financial institutions, including banks, insurers, and superannuation funds. Effective from July 2025, these standards are designed to ensure the continuity of critical services and enhance resilience against operational disruptions.
- Government Steps In to Secure Fertiliser Supply for Australian Farmers
In response to global supply chain disruptions affecting fertiliser availability, the Australian government has partnered with chemical companies CSBP and Incitec Pivot to ensure a steady supply for the nation's farmers.
- CGU and WFI Insurance Collaborate with Ag Guard to Boost Agricultural Coverage
In a strategic move to bolster agricultural insurance offerings, IAG's Intermediated Insurance Australia business, encompassing the CGU and WFI Insurance brands, has announced an exclusive partnership with Ag Guard, a technology-driven agricultural insurance agency.
- South-West Queensland Councils Propose Community Insurance Mutual to Combat Rising Premiums
In response to a dramatic surge in insurance premiums, councils in South-West Queensland are exploring the establishment of a community insurance mutual. This initiative aims to provide more affordable and tailored insurance solutions for local residents and businesses.
- Dry Conditions and Rising Input Costs Drive Hay Prices Up in Central West NSW and Bega Valley
Farmers in Central West New South Wales and the Bega Valley are grappling with rising hay prices, driven by persistent dry conditions and escalating input costs. These factors have combined to tighten local supply and increase production expenses, impacting both producers and buyers in the region.
- APRA Intervenes to Halt Unjustified Premium Increases in Commercial Auto Insurance
The Australian Prudential Regulation Authority (APRA) has taken decisive action to address escalating concerns within the commercial auto insurance sector by freezing unjustified premium hikes. This intervention aims to protect independent transport operators and logistics enterprises from potential financial distress caused by substantial increases in insurance costs.
- Harland Green Unveils All-Risk Farm Insurance for Large-Scale Operations
In a significant development for Australia's agricultural sector, Harland Green, a newly established Lloyd's coverholder, has introduced an all-risk farm insurance package tailored for large commercial farming operations. This initiative seeks to address the complex and often underserved insurance needs of substantial agribusinesses.
- WFI Insurance Observes Significant Reduction in Farm Liability Claims
WFI Insurance has reported a notable decrease in farm liability claims across various categories, signaling a positive shift in safety practices within the Australian agricultural sector. This trend underscores the industry's commitment to enhancing on-farm safety and reducing incidents.
