Northern Australia Insurance Inquiry & JCU Cyclone Testing Station Guides to Reducing Water Damage.
Thank you to our clients, colleagues and associates for your support in 2018. Thank you for supporting the Tropical Building Network. We wish you a healthy and prosperous 2019. Our office is closed from the 22nd December 2018 to the 13th January 2019.
Release of the ACCC’s first interim report on the Northern Australia Insurance Inquiry
The Australian Competition and Consumer Commission (ACCC) has released (18/12) its Northern Australia Insurance Inquiry first interim report. The report and media release are published on the ACCC website at www.accc.gov.au/insurance.
The ACCC acknowledges and thanks the hundreds of local residents, property owners, local councils, and interest groups who attended the public forums and/or made a submission to the inquiry. Your contribution has been very important.
The report sets out findings about the operation of markets for home, contents and strata insurance in northern Australia. The report also sets out measures that could be taken to begin to address the problems identified.
The report also outlines focus areas for the next stage of the inquiry. The key focus in 2019 will be to explore what further measures could be considered to improve the affordability and availability of insurance in northern Australia.
The report invites submissions on draft recommendations and welcomes your participation in this consultation. Submissions are due on 12 April 2019.
The Cyclone Testing Station has recently released two guides to assist building owners reduce wind driven rain water ingress entering through sliding windows and doors, and a study into water damage from cyclones.
How to Guide to reducewind drivenrain water ingress entering through sliding windows and doors