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The Guardian - AU
The Guardian - AU
National
Lorena Allam Indigenous affairs editor

Labor to provide $97m for victims of predatory insurance provider ACBF-Youpla

ACBF Youpla Linda Burney ACBFYoupla Insurance ASIC Ron Pattenden Centrepay
Linda Burney speaking in parliament
The minister for Indigenous Australians, Linda Burney, described the ACBF-Youpla scheme as a ‘shocking practice’. Photograph: Mick Tsikas/AAP

The Albanese government has announced a $97m fund to support thousands of mostly low-income Aboriginal families who were left with nothing after the collapse of predatory insurance provider ACBF-Youpla in 2022.

The Youpla support program will begin on 1 July this year and run for two years.

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