QUESTIONS WITHOUT NOTICE

Mr WILKIE (Clark) (14:16): My question is to the Minister for Financial Services. Minister, the insurance industry is failing Australians. For instance, health insurance premiums are sky-high, but returns to policyholders are at rock bottom, while payments to private hospitals are, in fact, still so bad that many are in financial distress or closing.

Meanwhile, for property insurance, premiums are going through the roof, and vast areas are being declared uninsurable. Minister, what exactly is the government doing about this?