On 8 April 2021 ASIC published Media Release 21-067, which incorporated the final version of its claims handling and settling service information sheet – INFO 253 (formally is
Key Takeaways
Key Takeaways
A MAP has determined that an AMS has erred in failing to apply a deduction for pre-existing condition under s323 of the 1998 Act. A deduction of 1/10th was subsequently applied, reducing overall assessment of WPI from 22% to 20%.
Key Takeaways
The McDougall review into icare, and the worker’s compensation scheme more broadly, was published on 30 April 2021.
The review examined icare’s execution of the changes it was created to achieve, but also addressed the issues and challenges facing the scheme’s ability to achieve its goals under the current legislation.
McDougall makes a host of recommendations, some of which would require legislative change – potentially lighting the way ahead for further reforms.
Highlights
Legislative Developments
The McDougall review – a possibility of further legislative reform
Recent Decisions
Section 323 deductions and WPI thresholds
State of New South Wales (Hunter New England Local Health District) v Fred (NSWPICMP 2021)
Key Takeaways
Published | Ellie Pringle
TurksLegal is delighted to announce that we have been selected to receive an Excellence Award in the 2021 Australasian Law Awards in the category of ‘Insurance Specialist Firm of the Year’.
The Australasian Law Awards recognise excellence and outstanding achievements in the legal industry. This marks the 11th consecutive year of recognition as a finalist in this award category.
Key Takeaways
On 13 April 2021, ASIC and the ACCC jointly published an updated debt collection guide for creditors and specialist debt collectors.
The guidance reinforces that ASIC and the ACCC encourage flexible and realistic debt arrangements, that account for and prevent further hardship, including indirect forms such as family domestic violence.