Fri, 28th Nov 2025

In this podcast, Paige Estritori discusses the 2025 State of the Strata Market report from CHU, Australia's largest strata insurance underwriting agency. The report reveals a moderate 2.8% increase in strata insurance premium, indicating market stability and affordability in contrast to standalone house insurance which rose by 14%. Climate risks and regulatory changes pose future challenges. Additionally, Australia's inflation rate rose to a ten-month high of 3.8% in October 2025, sparking speculations about a possible interest rate hike by the Reserve Bank of Australia. Penelope Smith from the Reserve Bank stressed the influence of global factors on Australia's financial conditions. Lastly, Insurance Australia Group predicts a 10% increase in gross written premium for FY26 after successful FY25 results, attributing this to strategic acquisitions and ongoing improvements. The podcast emphasizes the need for continuous financial strategy monitoring amidst economic fluctuations.n