In terms of being better of worse off.
Here is in Inverell, the residents are handling it pretty well, I am personally worse off, 15-16 paid about $98 in ESL, in 16-17 (renewed in April), paid $60ish, under FESL I will pay about $115. However a colleague who has just bought her first home in April 17, paid $215 ESL, and will pay $120ish under FESL. Our insured amount is very similar. Approx 300K
I can see our Farmers may not be better off, as many of them may only insure their house and sheds, which would not be close to their ULV. Our highest valued farmland property in the Shire will pay $4,101.00 in FESL
