Opposition leader says more competition needed as growing numbers unable to afford home and car insuranceFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe opposition leader, Peter Dutton, says the Coalition could seek to break up insurance companies found to be gouging policyholders and more competition is needed in the sector.In an interview with Sky News on Sunday, Dutton said the Coalition’s divestiture policy – which threatens to carve apart big supermarkets and hardware chains as a “last resort” to combat price rip-offs – could also be applied to big insurers. Continue reading…
Source link : https://www.theguardian.com/australia-news/2025/feb/16/people-are-paying-too-much-coalition-could-break-up-big-insurance-companies-dutton-says
Author : Ben Smee
Publish date : 2025-02-16 02:40:00
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‘People are paying too much’: Coalition could break up big insurance companies, Dutton says
