Government introduces $10bn reinsurance pool for Northern Australians accountantsdaily.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from accountantsdaily.com.au Daily Mail and Mail on Sunday newspapers.
Prime Minister, the Hon Scott Morrison MP
Minister for Agriculture, Drought and Emergency Management, the Hon David Littleproud MP
The Coalition Government will bolster its commitment to protect Australian agriculture and regional communities.
A new $371 million biosecurity package strengthens Australia’s ability to keep out exotic pests and diseases, and improve our ability to fight an outbreak.
Prime Minister Scott Morrison said the Government is stepping up efforts to stop threats such as African swine fever, khapra beetle and foot and mouth disease entering Australia.
“Protecting our borders is as much about protecting our livestock, crops and environment from diseases that have the potential to devastate them and the livelihoods they support, as it does the health of Australians during COVID-19 or protecting Australia’s national security,” the Prime Minister said.
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Chicken nuggets were a top topic of discussion for Prime Minister Scott Morrison as he toured the grounds of Beef Australia on Tuesday.
Led by an entourage of Beef Australia board members and Capricornia MP Michelle Landry, Wright MP Scott Buchholz, Agriculture Minister David Littleproud and Leader of the Opposition MP David Crisafulli, the Prime Minister checked out all of the areas of the triennial expo. Prime Minister Scott Morrison talking to Hannah Gunthorpe, 2, Theodore in the centre ring at Beef Australia Prime Minister Scott Morrison speaking with Pippa King from Goondiwindi in the centre ring at Beef Australia
More affordable access to insurance for Northern Australians
Media release
04 May 2021
Prime Minister, Treasurer, Minister for Agriculture, Minister for Agriculture, Drought and Emergency Management, Minister for Resources, Minister for Resources, Water and Northern Australia, Assistant Treasurer, Minister for Housing and Minister for Homelessness, Social and Community Housing
Northern Australian residents would be offered more affordable and accessible home and business insurance, thanks to the establishment of a reinsurance pool by the Morrison Government.
The reinsurance pool would cover cyclone and related flood damage in northern Australia from 1 July 2022, and would be backed by a $10 billion government guarantee.
This would reduce insurance premiums across Northern Australia by over $1.5 billion for households, strata and small businesses over 10 years.
Date Time
More affordable access to insurance for northern Australians
Joint media release with the Prime Minister, Treasurer Josh Frydenberg, Minister for Agriculture, Drought and Emergency Management David Littleproud, and Assistant Treasurer Michael Sukkar
Northern Australian residents would be offered more affordable and accessible home and business insurance, thanks to the establishment of a reinsurance pool by the Morrison Government.
The reinsurance pool would cover cyclone and related flood damage in northern Australia from 1 July 2022, and would be backed by a $10 billion government guarantee.
This would reduce insurance premiums across Northern Australia by over $1.5 billion for households, strata and small businesses over 10 years.