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New data reveals Australia's car theft hotspots
- Car theft in Victoria has increased dramatically, with claims rising 59 percent from the previous year, according to a report by the Insurance Council of Australia .
- More than 12,000 cars were stolen in Victoria, costing insurers over $200 million, mostly in Melbourne, as reported by the ICA.
- Across Australia, motor theft claims have risen by 11 percent, totaling 30,000 claims and costing $466 million, according to the ICA.
- Experts warn that thieves are utilizing advanced technology to steal vehicles, highlighting a growing concern for car crime in Australia, according to ICA chief executive Andrew Hall.
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15 Articles
15 Articles
Is Victoria Australia's crime state and what does it mean for insurance premiums?
Car theft claims rose to a record $233m in Victoria last financial year, but fell in every other state so Stephanie Youssef speaks with Insuance Council of Australia CEO Andrew Hall to find out what can be done about it and what it means for premiums, plus SBS Finance Editor Ricardo Gonçalves takes a closer look at the sharemarket with Ben Clark from TMS Private.
·Sydney, Australia
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Coverage Details
Total News Sources15
Leaning Left5Leaning Right4Center1Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
R 40%
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