‘People are paying too much’: Coalition could break up big insurance companies, Dutton says

Flooding is seen in Ingham in north Queensland, in February 2025. ‘People just simply can’t afford to insure their car or their home at the moment,’ Peter Dutton says. Photograph: Adam Head/AAP

The opposition leader, Peter Dutton, says the Coalition could seek to break up insurance companies found to be gouging policyholders and more competition is needed in the sector.

In an interview with Sky News on Sunday, Dutton said the Coalition’s divestiture policy – which threatens to carve apart big supermarkets and hardware chains as a “last resort” to combat price rip-offs – could also be applied to big insurers.