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The Unlucky Country
When it comes to insuring our homes and businesses, Australia is fast becoming the unlucky country. According to the Climate Council, right now 750,000 properties are considered to be at high risk of damage or destruction from natural disasters. Another million and a half face a greater than moderate danger. The numbers are extraordinary, and extraordinarily distressing for homeowners. Many are now being refused insurance, and for those who can get cover, premiums are skyrocketing, often by tens of thousands of dollars a year. But while battling Australians face heartbreak and hardship, not so the insurance companies. On assignment for 60 Minutes, Nine's Christine Ahern reports how last year they collectively made more than six billion dollars in profits.
Reporter: Christine Ahern
Producer: Sandra Odorisio
Life of the Party
After near annihilation by the ALP at the federal election in May, who would now want to be Liberal Party leader? It's a job many say only a mug would take on. Sussan Ley however sees opportunity in failure. And as the first woman to lead the Libs, which also makes her Australia's first female Opposition Leader, she's probably right, because her party's current state is so grim that up is really the only direction to go. On Tuesday, parliament resumes for the first time since the election, with Ley preparing to battle a supremely confident Anthony Albanese. But the emboldened Prime Minister needs to remember that as a migrant, a mother and grandmother, a former farmer, a punk rocker and a pilot, Sussan Ley packs an arsenal that goes well beyond gender and politics.
Reporter: Tara Brown
Producers: Anne Worthington, Toni Ambrogetti
