Northern Australia Insurance Premiums Taskforce Report

Friday, 4 March 2016

The final report of the Northern Australia Insurance Premiums Taskforce was released on 4 March 2016. The Taskforce was asked to consider the feasibility of options to lower insurance premiums in areas subject to high cyclone risk and to make policy recommendations. This report considers a number of options, recognising that they achieve different objectives and have distinctly different benefits, costs and risks. The report was delivered to Government in November 2015. The Government is now considering the Taskforce’s findings.