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Insurance For Trades

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Latest News Headlines

Ombudsman Orders Higher Compensation From Insurer Over Mould Dispute

The Australian Financial Complaints Authority (AFCA) has directed insurance provider Hollard to enhance its compensation payout to a homeowner following a failed attempt to remediate mould contamination in the owner’s property. Despite previous repair efforts by Hollard, lingering mould issues persisted, prompting further disputes.

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Ombudsman Orders Higher Compensation From Insurer Over Mould Dispute

Insurance Brokers Challenge Opposition’s Divestment Strategy

Opposition Leader Peter Dutton’s proposal to dismantle major insurance companies to boost competitiveness and reduce premiums has sparked significant pushback from industry brokers. The suggestion, criticized as ineffective, faces opposition from those who argue that the root causes of high premiums lie elsewhere.

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Insurance Brokers Challenge Opposition’s Divestment Strategy

$30 Billion Flood Defence Fund Proposed in Election Agenda

The Insurance Council of Australia (ICA) has unveiled its election platform, urging the federal government to significantly enhance flood defences by establishing a $30.15 billion flood defence fund. This initiative, highlighted as the primary recommendation, seeks to mitigate the catastrophic impact of floods, which are deemed as Australia’s most financially damaging natural disaster.

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$30 Billion Flood Defence Fund Proposed in Election Agenda


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08 Mar 2025 | In today's digital age, cybersecurity has become a critical concern for businesses of all sizes. The increasing reliance on technology means that cyber threats are more prevalent than ever, making it essential for business owners to understand and manage these risks.

How to Determine the Right Income Protection Coverage for Your Needs

08 Mar 2025 | Income protection insurance is a type of coverage designed to replace a portion of your income if you're unable to work due to illness or injury.

Health Insurance for Young Australians: Why Starting Early Pays Off

07 Mar 2025 | Health insurance is a crucial aspect of managing both health and financial risks. Many Australians may not realize the significance of having robust health coverage until they face unexpected medical expenses. Starting early with health insurance can not only provide peace of mind but also pave the way for better health management in the long run.