McBain says insurance an unaffordable luxury

Increasing cyclones and floods due to climate change are making insurance an “unaffordable luxury” for many, Eden-Monaro MP Kristy McBain told federal parliament last week. Ms McBain said that following on from the Black Summer bushfires, small businesses across the electorate are finding themselves rejected from insurance policies or asked to pay unaffordable premiums. “Insurance…

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