Building insurance
Exclusive
Victorian Parliament
Building insurance to increase by 65 per cent for new homes
Home building insurance is increasing after a string of companies collapsed over the past year, leaving thousands of homes unfinished and the state-backed insurance agency making record payments.
- by Kieran Rooney
Latest
Home builder’s collapse blows hole in state insurer’s finances
Taxpayers face having to pay for higher insurance premiums on major projects after the Porter Davis collapse hit the state insurance agency’s budget.
- by Kieran Rooney
Australians face more insurance rises despite cost of living concerns
Australian insurers expect premiums to continue rising this year despite growing concerns about affordability and the growing impact on the country’s inflation figures.
- by Millie Muroi
Analysis
General insurance
Surging home insurance premiums penalise loyal customers
The rocketing cost of home insurance makes the savings from shopping around particularly worthwhile.
- by John Collett
Families stung by builder collapse just as Porter Davis bailout expires
Victorian customers of a builder that has gone under have been stranded without insurance and are now pleading with the state government to revive the bailout program introduced after the collapse of Porter Davis.
- by Kieran Rooney
Home owners turn on state insurer over ‘double catastrophe’ following builder collapse
More than 1300 domestic building cover claims are still awaiting settlement from the state-backed insurance agency after the collapse of Porter Davis and other building firms.
- by Kieran Rooney
Updated
Victoria floods
PM pledges aid as Shepparton remains on alert for floodwaters
Prime Minister Anthony Albanese has pledged further support for victims of Victoria’s damaging floods as the clean-up continues and some communities remain under threat.
- by Lachlan Abbott and Caroline Schelle
Analysis
Climate policy
How surging insurance bills could help us deal with climate change
Insurance increases – and some areas being declared uninsurable – are a price signal from a hotter, riskier planet. Will they end up driving our adaptation to the climate crisis?
- by Liam Mannix
Suncorp flags more premium hikes as reinsurance costs bite
The insurer says premiums for car and home insurance have been increasing at double-digit rates, and prices will continue to rise.
- by Clancy Yeates
Opinion
Development outrage
Bad developers have left a trail of misery, but our reforms are cleaning them out
There have been observable improvements in the quality of recently completed apartment buildings in NSW.
- by David Chandler
‘We’ve got a house we can’t live in’: Flood insurance fallout under review
The federal government is launching an inquiry into how insurers handled the 2022 floods, as families battle insurers months on from the disaster.
- by Rachel Clun