‘People are paying too much’: Coalition could break up big insurance companies, Dutton says
Opposition leader says more competition needed as growing numbers unable to afford home and car insurance
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The opposition leader, Peter Dutton, says the Coalition could seek to break up insurance companies found to be gouging policyholders and more competition is needed in the sector.
In an interview with Sky News on Sunday, Dutton said the Coalition’s divestiture policy – which threatens to carve apart big supermarkets and hardware chains as a “last resort” to combat price rip-offs – could also be applied to big insurers.
Continue reading...Labor to ban foreign investors from buying existing homes for at least two years, replicating Coalition policy
Critics cast doubt on effectiveness of policy, citing low volume of purchases by overseas buyers, as Labor seeks to improve housing affordability
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Prospective home buyers will face less competition from overseas, with Labor promising to ban foreign investors from purchasing existing homes for at least two years.
But the restriction – which replicates a policy announced by the Coalition last year – will capture less than 0.4% of the housing market, casting doubts over its efficacy.
Continue reading...Raisins or not? Pudding debate splits island nation
Muhsin Hendricks, world’s ‘first openly gay imam’, shot dead in South Africa
Police say motive for killing of Hendricks, who ran a mosque for LGBTQ+ Muslims near Cape Town, is unknown
Muhsin Hendricks, considered the world’s “first openly gay imam”, has been shot dead near the southern city of Gqeberha, South African police have said.
The imam, who ran a mosque intended as a safe haven for gay and other marginalised Muslims, was in a car with another person on Saturday when a vehicle stopped in front of them and blocked their exit, police said.
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