Noosa News
PM’s $10b pledge: Insurance scheme for ‘crippled’ north Qld
Prime Minister Scott Morrison will be in Queensland on Tuesday to announce a $10 billion guarantee aimed at dropping unaffordable insurance bills and making sure people can actually access a policy. Insurance skyrocketed in north Queensland after a series of devastating cyclones, with the average premium for a strata property in north Queensland hitting $6800 a year, compared to the national average of $3000. The scheme will be a $10 billion reinsurance pool, or guarantee for insurers, and will apply…
Click here to view the original article.
-
General16 hours agoF1 live Belgian Grand Prix: Oscar Piastri starts second behind Lando Norris, wet race forecast for Spa-Francorchamps
-
General7 hours agoThailand and Cambodia to hold negotiations in Malaysia over border conflict
-
General24 hours agoThe series is won, but both Lions and Wallabies want Sydney exclamation point
-
General21 hours agoIsraeli troops board Gaza-bound activist boat in international waters, two Australians onboard