Australia

Fewer large catastrophe losses helped improve terms for insurers.

APRA warns coverage gaps will hit 25% by year 2050.

Average policyholders already pay about $164.2 monthly for coverage.

Businesses are warning of possible closures.

The regulator assessed two severe scenarios covering weather losses and transition costs through to 2050.

IEEFA sees a 5.5 million-tonne regional gap by 2030.

It recorded 5.3% expansion in 2025, reflecting pricing resilience.

Looking ahead, IEEFA said gas faces a mixed future in Asia’s power mix.

However, challenges may delay its 82% RE target by 2030.

The most commonly skipped claims were for home and car insurance.

Kmart (58%) and Big W (45%) remain the top brands linked with low prices.

The university’s Data Science & Engineering Research Unit advanced sustainability and innovation through AI-driven research in agriculture, health, and education across Australia.

The platform replaces pagers, phone calls, and text messages to cut delays.

98% of Australians still shop in-store.

Average spend per person expected to rise 11% to $103.

The decreasing demand is coupled with the market’s shift to cleaner power sources.