MCG in the Media

Q3 2024

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Hidden ‘villain’ that could crush mortgage holders amid shock inflation

Aidan Devine -, Daily Telepgraph - June 26, 2024

MCG Quantity Surveyors director Marty Sadlier said an insurance crisis was at the heart of Australia’s inflation problems.

“Premiums are, quite frankly, out of control,” Mr Sadlier said.

“This relentless increase in insurance premiums, well beyond increases in other cost categories, is an inflation villain that could see us all suffer from higher interest rates this year.”

Insurance affected the economy in ways many people didn’t realise, Mr Sadlier added.