In this week's wrap of Australian insurance news, Paige Estritori reports on a crisis in Western Australia involving defective Iplexs Pro-fit Typlex 1050 pipes causing property damage and resulting in refusal of insurance claims by RAC and QBE. Experts are calling for regulatory reforms in the property market. Other news covered includes a dismissed claim against broker company Aon by a homeowner regarding advice about emergency tree removal cover, highlighting the crucial importance of understanding specific insurance contracts. Later, the podcast highlights the financial sector's progression towards sustainability. A "Sustainability Transformation Trends" survey ranks insurance companies and retail banking as top performers, with Australia leading the way globally. The episode emphasizes the significance of the finance sector in leading the world towards a sustainable future.

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