Skye Kakoschke-Moore (SA, Nick Xenophon Team) Share this | Link to this | Hansard source

On behalf of Senators Lambie, Griff and Xenophon, I move:

That the following matters be referred to the Economics References Committee for inquiry and report by 22 June 2017:

(a) the increase in the cost of home, strata and car insurance cover over the past decade in comparison to wage growth over the same period;

(b) competition in Australia's $28 billion home, strata and car insurance industries;

(c) transparency in Australia's home, strata and car insurance industries;

(d) the effect in other jurisdictions of independent home, strata and car insurance comparison services on insurance cover costs;

(e) the costs and benefits associated with the establishment of an independent home, strata and car insurance comparison service in Australia;

(f) legislative and other changes necessary to facilitate an independent home, strata and car insurance comparison service in Australia; and

(g) any related matters.

Question agreed to.