Parliamentary Joint Committee on Corporations and Financial Services - Melbourne, VIC (part 2 of 2)
4 August 2026
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Contents updated on 18 Aug 2026
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Parliamentary Joint Committee on Corporations and Financial Services Australian Parliament
00:00 - 00:16
Speaker 6
...standards in our cyclone standards for the last 25 years non-stop. We're struggling to find things to change there. Whereas they're looking at very much at the system-wide level and that's where we're falling short in Australia and how we design and think about some of these considerations.
00:16 - 00:25
Speaker 5
More engineers and fewer accountants. That's right. Interesting model. Thanks very much, Ms. Lawrence. I'm going to go now to Senator Scarr for a short block of questions.
00:25 - 01:14
Speaker 7
Thanks very much. If I can come to your survey again, which I think's a really important piece of information. You've got a state-by-state basis considering the current pressures currently facing your small business and I was just looking at the insurance aspect. So rising insurance costs are nominated as a current pressure facing small business or members by 72%. But there is a big difference between Victoria 86%, New South Wales 79%, Queensland's only at 51%.
Do you know what the reason is for that?
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