Townsville Bulletin

Action on insurance essential

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AS THE region responds to another wet season, government­s are being pressed, once again, to act on solutions to the ongoing insurance crisis in Northern Australia.

The body representi­ng strata property owners, Strata Community Australia, says communitie­s have been burdened by inflated insurance premiums for too long.

Indeed, these issues have been highlighte­d in this newspaper for almost a decade.

The latest report by the Australian Consumer and Competitio­n Commission finds an increasing number of people are going uninsured.

For northern Queensland, the commission estimates that 17 per cent or some 62,000 properties are uninsured.

That estimate should be ringing alarm bells.

So far the Federal Government has funded a program to inspect strata properties and recommend mitigation, while the State Government has introduced grants as part of an income-tested program to improve the resilience of some homes.

Clearly, more needs to be done. Acting on the recommenda­tions of the ACCC will be a good start.

Bryant tragedy wake-up call

The outpouring of tributes from people around the world after NBA superstar Kobe Bryant died yesterday was incredible.

This is an athlete that’s transcende­d his sport. Whether people are basketball fans or not most know who Kobe Bryant is.

They may not be familiar with how good he was but the fact they knew who he was speaks volumes about his legacy.

The helicopter crash that killed Bryant, his daughter and seven other people is horrendous.

It has made people reflect on Bryant’s legacy and what he did for the game. But more importantl­y it will make people around the world take stock of what they have because for anyone it can be ripped away in an instant.

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