Thu, 11th Dec 2025 - Financial Services News Wrap

What this episode covers

In this podcast episode, Paige Estritori discusses rapid increases in insurance costs for Australian homeowners due to climate change risks. With a nationwide increase in premiums by 14% and even higher figures in New South Wales and the Northern Territory, homeowners are bracing for an extra $343 annually. This dynamic threatens Australia's property market. Contrary to this, construction insurance costs are decreasing owing to intensified competition among insurers. However, insurance policy terms remain a crucial consideration. The hospitality sector in Perth is urged to reassess their insurance coverage to mitigate potential risks. Lastly, Fine Food Australia and the R&CA have partnered to enhance Australia's hospitality sector and will feature in the upcoming Fine Food Australia event at the International Convention Centre in Sydney.n

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When was this Financial Services News Wrap episode published?

This episode was published on December 10, 2025.

What is this episode about?

In this podcast episode, Paige Estritori discusses rapid increases in insurance costs for Australian homeowners due to climate change risks. With a nationwide increase in premiums by 14% and even higher figures in New South Wales and the Northern...

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