NewsBite

AFR Connect

February

Health Minister Mark Butler announces Labor’s “Strengthening Medicare” policy in Launceston in Sunday.

Health insurance premiums to rise 3.7pc in new cost-of-living hit

Health Minister Mark Butler has signed off on an above-inflation hike in private health insurance premiums, the biggest rise since 2018.

A flooded South Pine River, north of Brisbane, in January. The ICA says of the estimated 225,000 Australian homes in the highest flood risk locations, only 23pc have flood cover.

Insurers call for $30b flood defence fund to protect properties

After Peter Dutton said he wanted to break up insurers, the industry wants to partner with governments to strengthen infrastructure and relocate the most vulnerable buildings.

ASIC chairman Joe Longo is at the centre of a big market debate.

Howard Marks and ASIC share a warning about private market risks

ASIC wants more transparency from private markets. Wall Street legend Howard Marks says there’s one big question investors and regulators need to focus on.

Andrew Horton, CEO of QBE, says to reduce premiums, you need to reduce risks.

QBE boss hits back: high insurance premiums are due to risk

Andrew Horton has issued the first response from an insurance industry boss since the opposition leader threatened to break up companies.

Angus Taylor says cutting red tape will help promote competition.

Red tape slashed for home loans, markets and insurance under Coalition

Shadow treasurer Angus Taylor unveils the Coalition’s new election policies to wind back rules in the finance sector.

Peter Dutton and shadow treasurer Angus Taylor do not want to scare voters before the election with more radical proposals on tax, industrial relations and spending cuts on the National Disability Insurance Scheme.

Populist politics won’t make insurance cheaper

Peter Dutton has reached for a big stick without any attempt to explain how breaking insurers up into smaller companies would lower the cost of insurance.

A fire-ravaged property in the Pacific Palisades last month. IAG said the devastating wildfires have drawn attention to bushfire coverage in Australia.

IAG says LA wildfires were a wake-up call on disaster preparation

The insurance giant, which owns the NRMA and CGU brands, reports a 91 per cent jump in interim profit, but its shares fell as premium rises moderated.

August 2024

Health Minister Mark Butler faces the thorny issue of approving insurance premium rises ahead of an election.

Pressure for health premium overhaul in election headache for Albanese

The influential medical lobby is demanding an independent umpire to determine how high insurance premiums can rise as negotiations over the next increase begin.

Original URL: https://www.afr.com/topic/afr-connect-6hd3