The uninsurables: how climate change is pricing people out of home insurance
More frequent and severe disasters are sending insurance costs through the roof, creating a north-south divide in Australia.
On this episode of Follow the Money, Walkley Award-winning journalist Stephen Long joins Alice Grundy to discuss climate change, skyrocketing premiums and serious impact they’re having on inequality.
This discussion was recorded on Wednesday 13 November 2024 and things may have changed since recording.
Pre-order What’s the Big Idea? 32 Big Ideas for a Better Australia now, via the Australia Institute website.
Guest: Stephen Long, Senior Fellow and Contributing Editor, the Australia Institute // @StephenLongAus
Host: Alice Grundy, Research Manager, Anne Kantor Fellows, the Australia Institute // @alicektg
Show notes:
Premium price: The impact of climate change on insurance costs, the Australia Institute (November 2024)
Theme music: Pulse and Thrum; additional music by Blue Dot Sessions
We’d love to hear your feedback on this series, so send in your questions, comments or suggestions for future episodes to podcasts@australiainstitute.org.au.
Between the Lines Newsletter
The biggest stories and the best analysis from the team at the Australia Institute, delivered to your inbox every fortnight.
You might also like
Pay a fortune in premiums or risk losing everything – the brutal reality of Australia’s insurance crisis
Struggling families who ditch their home and contents insurance would lose three-quarters of their wealth if their home was destroyed, according to new research by The Australia Institute.
Private health insurance is a dud. That’s why a majority of Australians don’t have it
Right now, final submissions are being made by private health insurers to the government for an increase in insurance premiums next year.
Climate crisis escalates cost-of-living pressures
A new report has found direct connections between the climate crisis and rising cost-of-living pressures. Failure to lower emissions now will only aggravate the crisis, with each moment of inaction compounding the pressure on households.