Hail and damaging winds crossed Victoria on Sunday night, with hailstones the size of golf balls hitting Bendigo.
Storms, floods and bushfires are driving up insurance premiums across the country and a new report from the Actuaries Institute says 15% of Australians are spending at least a month’s income to cover their home insurance.
Lead author of the report and principal at Finity, Sharanjit Paddam, joined Raf Epstein to discuss the findings.