keep Insurance (Agents and Brokers) Repeal Regulations 2002
Repeal regulation that eliminated prior licensing and operational requirements for insurance agents and brokers, effectively deregulating the insurance intermediary sector.
Deleting this repeal would revive occupational licensing and red tape for insurance professionals, increasing barriers to entry, compliance costs, and ultimately consumer premiums. Australians would be worse off with reduced competition, fewer choices, and higher insurance costs. The repeal achieved deregulation in a definitive way that would be difficult to replicate through other means.