The sates have insurance for infrastructure for events?
What would happen if there was no insurance ???
A credit development bubble - bingo another GFC!!!! Investment without risk, wouldn't that be lovely!!!
Insurance is there so people can accomodate and assist in measuring for risk. Risk is an integral component in any investment. All investments have risk!!! Insurance is a tool to mitigate risk.
Are you saying the Australian public is not worth the risk??
If not why should the Australian public bother with you and the left ???
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