NSW mental health and wellbeing strategy consultation
Australia’s life insurers see firsthand the lived experiences of customers who are severely impacted by mental ill health and are unable to work or participate in the communities in which they live. We fully support a broad, coordinated effort across all areas of the NSW Government, as well as across governments nationally, to better support […]
Life insurers back immediate action for Government to tackle mental health crisis
The Council of Australian Life Insurers (CALI) has joined a national coalition of mental health experts and industry groups calling on the Federal Government to take urgent action to address Australia’s growing mental health crisis. In an open letter to the Hon. Jim Chalmers, Treasurer of Australia, ahead of the Federal Government’s Economic Reform Roundtable, […]
Peter Kell to lead independent review of Life Insurance Code of Practice
The Council of Australian Life Insurers (CALI) has appointed respected financial sector expert Peter Kell to lead an independent review of the Life Insurance Code of Practice (Life Code). The review will begin on 1 October 2025. The Life Code sets enforceable standards that life insurers agree to uphold when providing services to their customers, […]
TRANSCRIPT: Statement from Christine Cupitt at Parliament House media conference with Assistant Treasurer and Minister for Financial Services, Dr Daniel Mulino MP on the Government’s recommitment to ban the use of genetic tests in insurance underwriting | Canberra, 30 July 2025
Christine Cupitt, Council of Australian Life Insurers CEO: Thank you Minister and good morning everybody. The Council of Australian Life Insurers is really strongly supportive of the Government’s recommitment to legislate a ban on genetic testing in life insurance underwriting. It’s good for Australians and their families, it’s good for the Government, and it’s good […]
Life insurers want Government to act quickly to legislate on the use of genetic test results
The Council of Australian Life Insurers (CALI) wants the Federal Government to legislate without delay to ban the use of genetic test results in insurance underwriting. After nearly two years of collaboration between Australia’s life insurers, the Federal Government, and other stakeholders, CALI welcomes the Government’s recommitment to legislate the ban, saying decisive action is […]
Workers Compensation Legislation Amendment Bill 2025
CALI’s submission outlines the importance for the NSW Government and inquiring members of parliament to understand the broader context that workers compensation schemes operate in, to fully understand the potential impacts of these proposed reforms. Our view is that in reducing the scope of the cover provided by the NSW scheme, pressure will inevitably shift […]
Young, motivated and missing out: Australia’s advice gap leaves a generation locked out
Evidence is growing of the unmet need for life insurance advice for people under 35 years, with one in two younger Australians wanting financial advice. According to new research from the Council of Australian Life Insurers (CALI)1, nearly half (49 per cent) of Australians aged 18-34 say they want financial advice, especially on life insurance, […]
Mental ill health is straining Australia’s safety net
Australia’s life insurers are warning the nation’s financial safety net is being pushed to its limits, with more Australians leaving work permanently due to mental ill health than ever before. New data from the Council of Australian Life Insurers (CALI) reveals that mental health is now the leading cause of total and permanent disability (TPD) […]
Response to APRA’s discussion paper on governance
CALI has submitted a comprehensive response to the Australian Prudential Regulation Authority (APRA) on its Governance Review. The submission provides constructive feedback aimed at ensuring the proposals are practical, proportionate, and aligned with the unique operating models of life insurers. CALI’s recommendations cover eight key proposals, including refinements to board tenure guidelines, clarifying the scope […]
CALI welcomes appointment of Dr Daniel Mulino as Assistant Treasurer and Minister for Financial Services
The Council of Australian Life Insurers (CALI) congratulates Dr Daniel Mulino MP on his appointment as Assistant Treasurer and Minister for Financial Services. “As Assistant Treasurer, Dr Mulino will bring a deep understanding of economic policy and a clear commitment to the wellbeing of all Australians through a strong and transparent financial system,” said Christine […]