‘People are paying too much’: Coalition could break up big insurance companies, Dutton says

<p>Opposition leader says more competition needed as growing numbers unable to afford home and car insurance</p><ul><li><a href="https://www.theguardian.com/australia-news/live/2025/feb/16/australia-news-live-tropical-cyclone-zelia-foreign-investors-housing-anthony-albanese-peter-dutton-federal-election-ntwnfb">Follow our Australia news live blog for latest updates</a></li><li>Get our <a href="https://www.theguardian.com/email-newsletters?CMP=cvau_sfl">breaking news email</a>, <a href="https://app.adjust.com/w4u7jx3">free app</a> or <a href="https://www.theguardian.com/australia-news/series/full-story?CMP=cvau_sfl">daily news podcast</a></li></ul><p>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.</p><p>In an interview with Sky News on Sunday, Dutton said the Coalition’s divestiture policy – which threatens to <a href="https://www.theguardian.com/australia-news/article/2024/jul/03/coalition-supermarket-divestiture-policy-liberals-split">carve apart big supermarkets and hardware chains as a “last resort”</a> to combat price rip-offs – could also be applied to big insurers.</p> <a href="https://www.theguardian.com/australia-news/2025/feb/16/people-are-paying-too-much-coalition-could-break-up-big-insurance-companies-dutton-says">Continue reading...</a>