Terms of Reference

On 22 November 2016, the Senate referred the following matters to the Senate Economics References Committee for inquiry and report by 22 June 2017:

  1. 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;
  2. competition in Australia’s $28 billion home, strata and car insurance industries;
  3. transparency in Australia’s home, strata and car insurance industries;
  4. the effect in other jurisdictions of independent home, strata and car insurance comparison services on insurance cover costs;
  5. the costs and benefits associated with the establishment of an independent home, strata and car insurance comparison service in Australia;
  6. legislative and other changes necessary to facilitate an independent home, strata and car insurance comparison service in Australia; and
  7. any related matters.

Committee Secretariat contact:

Senate Standing Committees on Economics
PO Box 6100
Parliament House
Canberra ACT 2600

Phone: +61 2 6277 3540
Fax: +61 2 6277 5719
economics.sen@aph.gov.au

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