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Insurers say the Government's new strategy for adapting to climate change is a positive start.
The new framework outlines priorities for the next six years, with some coastal homes likely to be abandoned due to sea level rise.
However, it's still unclear who's likely to foot the bill for the transition.
Insurance Council Chief Executive Tim Grafton told Mike Hosking the strategy has a lot of good intentions.
But he says the real test will be who does it, when they'll do it, and who pays.