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Climate change is already putting the heat on insurance companies – Auckland's floods could be a turning point

  • Written by Michael Naylor, Senior Lecturer in Economics, Massey University
Climate change is already putting the heat on insurance companies – Auckland's floods could be a turning pointGetty Images

The clean-up from Auckland’s devastating floods last week is just beginning but insurance companies will need to start thinking about what the record-breaking weather event will mean for future coverage.

Over 24 hours, 249mm of rain fell across the Auckland region – well above the previous record of 161.8mm. Around 5000...

Hays launches FY25/26 Salary Guide: ‘Salary Paradox’ deepens as pay rises fail Australians

Rising dissatisfaction with pay, progression and perks is fuelling a new wave of career change in FY25/26, as Australians demand more from employe...

Australian Businesses Still Stuck in the AI Hype Cycle

Data Governance Failures, ROI Gaps and Unclear Strategy Slowing Progress Despite artificial intelligence (AI) dominating headlines and boardroom ag...

How to ensure your manufacturing business survives international tariff turmoil

Optimising your operations in FY2026 will help you combat the challenges of a volatile trading environment. Up, down, in out…Since the commence...

Why Apptio is Enhancing Visibility into AI and Hybrid Cloud

AI investments have become a strategic priority for business with the mindset that if you're not using AI, you're falling behind. But according to...

Beyond borders: Building a scalable strategy for international hiring

For many Australian businesses, growth increasingly depends on thinking beyond local borders.  As wage pressures rise, and specialised talent pool...

The Next Generation of Maritime Sustainable Solutions

As organizations globally seek innovative ways to improve sustainability and their impact on Earth, the American Waterways Operators (AWO), a lead...

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