'People are still buying … regardless of the risks': Insurers warn hundreds of thousands of homes are under threat
www.abc.net.au
Extreme weather linked to climate change risks negatively affecting coastal property market values, as storm-related damage and erosion take their toll and insurance premiums soar.

Australia’s largest insurer, IAG, is calling for property buy-backs and an end to new housing in high-risk zones.

We live in interesting times when the voice of sanity comes fron an insurance company.