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Insurance News from Trades Insurance Online

Trades Insurance Online is pleased to present the latest financial news headlines.

To read an entire news item, simply click on the headline.

News items on this page are prepared by our editorial team as summaries of publicly available news reports and official announcements. See linked news sources where available. The following news items are for informational purposes only and are not independent journalism.

Insurance News

QBE’s Trade Pack Change Puts Renewals in Focus for Tradies
QBE’s Trade Pack Change Puts Renewals in Focus for Tradies
07 Jul 2026: Paige Estritori
QBE’s decision to stop offering its standalone office and trade pack products from July 2026 is a timely reminder for Australian tradies to treat every renewal as more than a simple rollover. The insurer is moving customers towards a standard business cover structure, with existing trade pack policyholders expected to be offered the replacement product at renewal from October 2026. - read more
Draft Insurance Code Could Lift Claims Standards for Tradies
Draft Insurance Code Could Lift Claims Standards for Tradies
30 Jun 2026: Paige Estritori
The Insurance Council of Australia’s redrafted General Insurance Code of Practice has moved into consultation, with submissions open until 21 July 2026 and a transition period of around two years expected if the code proceeds. For trade business owners, the headline change is that key insurer commitments are intended to become contractually enforceable, rather than sitting only as industry standards. - read more
APRA's 2026 Insurance Summit: Tackling Climate Risks and Affordability
APRA's 2026 Insurance Summit: Tackling Climate Risks and Affordability
16 Jun 2026: Paige Estritori
The Australian Prudential Regulation Authority (APRA) is set to host the 2026 AFR Insurance Summit on June 16 at The Fullerton Hotel in Sydney. This pivotal event will bring together industry leaders to address pressing issues within Australia's insurance sector, with a particular emphasis on climate-related risks, insurance affordability, and maintaining public trust. - read more
Dynamic Insurance's Legal Action Against Major Insurers
Dynamic Insurance's Legal Action Against Major Insurers
16 Jun 2026: Paige Estritori
Dynamic Insurance Services has initiated legal proceedings against Steadfast Group, QBE Insurance, and Allianz Australia Insurance, alleging coordinated actions that restricted its access to essential insurance products. The lawsuit, filed in March 2026, claims that these companies engaged in practices that adversely affected Dynamic's business operations. - read more
IAG's June 2026 Distribution on Hybrid Capital Notes
IAG's June 2026 Distribution on Hybrid Capital Notes
16 Jun 2026: Paige Estritori
Insurance Australia Group Limited (IAG) has announced a quarterly distribution on its ASX-listed hybrid capital notes (IAGPF), reflecting the company's ongoing commitment to its capital management strategy. For the quarter ending June 14, 2026, IAG will pay a distribution of AUD 1.6605 per note, based on an annualized rate of 6.6603% after adjustment for franking. This payment is scheduled for June 15, 2026, with the record date set for June 3, 2026. - read more

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

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Trades Insurance Articles

Critical Insurance Mistakes Australian Tradespeople Are Making
Critical Insurance Mistakes Australian Tradespeople Are Making
Insurance is a critical component for tradespeople in Australia, providing financial protection against a range of risks that can significantly impact your livelihood. Adequate insurance coverage ensures that you are protected against potential liabilities, damages, and unforeseen circumstances that could otherwise lead to substantial financial losses. - read more
5 Common Budgeting Mistakes Small Trade Businesses Should Avoid
5 Common Budgeting Mistakes Small Trade Businesses Should Avoid
Budgeting is one of the most crucial aspects of running a small trade business. Without a proper budget, it's easy to lose track of your expenses and revenues, leaving you in a financial mess. This can be especially challenging for small trade businesses where margins are often tight, and a minor miscalculation can lead to significant issues down the line. - read more
Protecting Your Tools and Equipment: A Tradesperson's Insurance Checklist
Protecting Your Tools and Equipment: A Tradesperson's Insurance Checklist
As a tradesperson, your tools and equipment are your livelihood. They are essential for performing your job efficiently and effectively. - read more
Creating a Monthly Budget Plan for Small Australian Trade Businesses
Creating a Monthly Budget Plan for Small Australian Trade Businesses
Creating a monthly budget is essential for any business, but it holds particular importance for small trade businesses in Australia. Effective budgeting can help you manage cash flow, allocate resources efficiently, and ensure financial stability. - read more
A Beginner’s Guide to Trades Insurance in Australia
A Beginner’s Guide to Trades Insurance in Australia
Trades insurance is a type of coverage specifically designed to protect those who work in various trades, such as electricians, plumbers, carpenters, and builders. It encompasses a range of insurance products tailored to address the unique risks and challenges faced by tradespeople in their day-to-day activities. - read more

Knowledgebase
Insurance:
In law and economics, insurance is a form of risk management primarily used to hedge against the risk of potential financial loss.