One in 25 Australian homes’ uninsurable by 2030 due to climate crisis’
It is clear that Australia is fast becoming an uninsurable nation, says one expert Australia has seen devastating wildfires as temperatures soar The climate crisis will render one in 25 Australian properties effectively uninsurable by 2030, researchers claim. The analysis from the Australian Climate Council also found that the number rises to one in seven homes in Australias most at-risk areas, as climate change fuels worse and more frequent disasters. Nicki Hutley, a climate councillor and economist, said: It is clear that Australia is fast becoming an uninsurable nation. Skyrocketing costs or flat out insurance ineligibility are becoming more and more widespread under climate change . Join thought-provoking conversations, follow other Independent readers and see their replies Australia has seen devastating wildfires as temperatures soar Getty Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today. Log in New to The Independent? Or if you would prefer: Want an ad-free experience? Hi {{indy.fullName}}