Home / Regulatory & Government / Senator pushes for action on premium woes
14 October 2019
Queensland Senator Nita Green has called on the Federal Government to act on the long-running insurance problem besetting northern Australia by adopting controversial measures proposed by the Australian Competition and Consumer Commission (ACCC).
Senator Green, from the Australian Labor Party, is the leading voice behind an online petition organised by the party’s Queensland branch pushing for implementation of the proposals.
They include a national home insurance comparator, standardising definitions of prescribed events and a ban on broker commissions.
The proposals have been widely criticised for failing to address the underlying cause of high premiums in the region – the Federal Government’s continuing refusal to engage on the need for mitigation projects.
“Insurance is becoming increasingly unaffordable for North Queenslanders,” Senator Green says in a recent Facebook post. “Everywhere I go I hear stories about premiums rising and some homeowners and businesses not being able to get insurance at all.
“I’m calling on the Federal Government to implement the ACCC recommendations without delay.”
Last month Senator Green also called in the Senate for the ACCC’s proposals to be taken up without delay.
For more on the online petition, click here.