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Home Indemnity Insurance payouts are set to rocket to $84m, Scyne Advisory forecasts show

Pelican Press

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Home Indemnity Insurance payouts are set to rocket to $84m, Scyne Advisory forecasts show

Payouts to customers of collapsed builders are set to hit $84 million — triple the level three years ago — underscoring the damage of the industry’s bubble.

That bill has rocketed by $30m in just 12 months, new analysis by Scyne Advisory for the State Government has shown.



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