Australia's insurance ticking timebomb | ABC NEWS

With one of the strongest El Niño's on record forming, Australia can expect the extreme weather from the northern hemisphere to come south this summer.
Alan Kohler explains that, by 2050, the extreme weather could make insurance unaffordable for 1 million more Australians.
Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/

Note: In most cases, our captions are auto-generated.

#ABCNEWS #ABCNEWSAustralia