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.
-
General21 hours agoA feeling of calm before the storm descends on Tasmanian politics following motion of no-confidence in Jeremy Rockliff
-
Noosa News20 hours agoForty years inside a Brisbane second-hand store
-
Business24 hours agoWhat did Macquarie’s “FOMO Meter” reveal about the stock market in May?
-
Business23 hours agoNvidia Just Became the World’s Most Valuable Company. Here’s What May Happen Next.