Yeah insurance companies levies are increasing across the board no matter who you are with but RACV seem to be doing a lot for themselves along the way.
I like to look at the whole picture overall , maybe the cost of living crisis has hit RACV with things.
From the annual report, inflation could that be by the serving government ????
At RACV, price increases have been necessary on allproducts. This has been driven by general inflation andin Insurance by the global repricing of risk.
Or funding, what not funding members fees which is a bit strange.
We funded a new three-year partnership withYalari to provide secondary education scholarshipsfor First Nations children and help address thesystemic disadvantages experienced by First Nationscommunities across Australia. This new initiative seesRACV Royal Pines Resort as a hub for Yalari events andwe hope to not only support them today but couldsee career pathways, notably in hospitality, becomeavailable for many of their graduates. We are alsoassisting with driving lessons as driving is critical inregional areas.
We funded the Play Netball program for migrants andrefugees which is part of our ongoing relationship withNetball Victoria, via The Vixens
, maybe the cost of living crisis has hit RACV with things.
