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Suncorp executive blasts NSW taxes for making premiums unaffordable (opens original article in a new tab)

TL;DR

Suncorp's CEO criticizes NSW's tax policy for making insurance premiums unaffordable by embedding emergency service taxes within premium costs, as inflation exacerbates affordability challenges for customers.

  • Suncorp executive criticizes NSW government for embedding emergency service tax in insurance premiums
  • Nearly half of a $1000 insurance premium in NSW goes to taxes
  • Customers face affordability issues as inflation increases insurance costs
  • NSW government's tax policy is deemed unfair by Suncorp's CEO

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