News
Why everyone pays the price when victims can't afford insurance
4+ hour, 14+ min ago (551+ words) Recent research by Finity data indicates Australia is on the cusp of an insurance emergency. The increased incidence of natural disasters has driven a 51 per cent spike in average home insurance premiums over the past five years. This has created…...
NZ weather events prompt rethink of housing protections
7+ mon, 1+ week ago (346+ words) The New Zealand government is considering ending bailouts for homeowners affected by floods and landslides as it develops a framework to address the impact of climate change. The government has often stepped in after natural disasters to buy properties, spending…...
New home prices face $35,000 price hike under insurance scheme: industry
10+ mon, 6+ day ago (504+ words) Mandatory latent defects insurance may increase housing costs up to 5 per cent, Property Council tells parliamentary inquiry examining rising Canberra insurance bills. New Canberra homes would cost up to $35,000 more if the ACT introduces a proposed mandatory defects scheme, the…...