One in eight, or 1.2 million, households face home insurance affordability stress, a new report for Actuaries Australia finds. Follow updates here.
Welcome to Need to Know this Monday, August 14. Here are some of this morning’s biggest headlines:: An explosive wave of fraud that has shaken the Tax Office’s GST system had been building for months before accountants began to notice early last year. By then it was everywhere and no one wanted to talk about it.: The Matildas’ epic victory over France drew the biggest TV audience since Cathy Freeman’s golden run in 2000, figures suggest, reaching an average of 4.
: The Western Australian government has put on hold plans to boost medium-density housing following developer complaints that requirements to provide green space and reduce energy consumption would inflate costs.: The Albanese government is weighing whether it will clamp down on Australian investment in sensitive technology ventures in China after President Joe Biden announced a ban on US firms doing so to preserve America’s national security edge.
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