A national insurance crisis looms. The Morrison government's $10 billion 'pool' plan won't fix it
- Written by Antonia Settle, Academic (McKenzie Postdoctoral Research Fellow), The University of Melbourne
As climate change intensifies extreme weather events, home and building insurance premiums have been rising, particularly in Northern Australia.
As premiums rise, more people are choosing drop their insurance coverage, risking financial disaster when the next natural disaster hits.
The consequences of this are so dire that the Morrison government...