ABC News – Australia ·australia ·2 hours ago

Insurers among group proposing cheaper premiums for disaster-resistant homes

Insurers, banks and consumer advocates proposed a national plan Wednesday to offer cheaper home insurance premiums for Australians who upgrade homes to withstand natural disasters. Households spending over four weeks' gross income on premiums rose to 1.6 million homes in 2024 from 10 percent two years.

Summary by Glance · ABC News – Australia

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