An outbreak of heavy rain and severe thunderstorms will impact Victoria and NSW over the coming Anzac long weekend.

Insiders estimate the payout could exceed the $1.1 billion it cost the Andrews government to cancel the East West Link.

The SEC has confirmed that construction has started on the 119MW SEC Renewable Energy Park in Victoria, Australia.

Millions of Aussie properties are facing an insurance nightmare with new analysis showing they are at growing risk of natural disasters ranging from bushfires to floods and cyclones.