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Insurance shock heaps pressure on households and home builders

February 20, 2024 - 12:30 -- Admin

The December quarter CPI inflation print revealed that insurance premiums rose at their fastest pace since the HIH Insurance collapse at the turn of the century: The Australian Bureau of Statistics (ABS) explained that “higher reinsurance, natural disaster and claims costs contributed to higher premiums for house, home contents and motor vehicle insurance”. The recent

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