Australia’s floods were fourth most costly global disaster in 2022

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 90%

Australia Headlines News

Australia Latest News,Australia Headlines

The Insurance Council of Australia (ICA) estimates the East Coast floods were the most costly natural disaster in Australian history.

The February and March floods across Australia’s east coast were the world’s fourth most-expensive catastrophe, andBrisbane experienced a record-breaking 677 millimetres of rain in just three days in late February, which caused the Brisbane River to swell to 3.8 metres and led to flooding across the city.and leaving four people dead.

“More needs to be done in the emerging markets to protect people and insure their growing assets against the financial shock of natural disasters – especially as weather disasters become more extreme due to climate change.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in AU

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

‘Ridiculous’: North Sydney Council proposes ban on leather and fur at eventsThe North Sydney Council’s proposal to ban leather and fur at future events is “ridiculous”, former Labor minister Graham Richardson says. The motion was put forward by Councillor Georgia Lamb, who claimed she was trying to protect the council from cancel culture. “North Sydney Council has been at this sort of thing for a long time,” Mr Richardson told Sky News Australia. Bet you the the chairs they sit on are plush leather. I guess when you slaughter your cattle from now, on you can only eat the steaks and throw everything else away. Being wasteful is 'for the common good', dontcha know? Ban leather? They should feel free to alleviate the world of themselves.
Source: SkyNewsAust - 🏆 7. / 78 Read more »

Australia should be looking at the ‘big guys’ first to reduce emissionsClimate Council Director of Advocacy Dr Jennifer Rayner says the entities that are covered by the safeguard mechanism are Australia’s 215 “biggest polluters”. “If you are going to be driving down Australia’s emissions really sharply this decade, we should be looking at the big guys first,” Dr Rayner told Sky News Australia. “We should be making sure the biggest and most profitable companies are really pulling their weight in that effort.” It’s not rocket science to understand the hypocrisy of green energy for man made climate change. Infrastructure alone fells trees,more mining,digging up for cables, destruction of habitat. & don’t forget climate change can effect the operation of these systems in the future! Like windmills 😂 An ice age was coming in the ‘70s. Mining for lithium is no didn’t to mining for coal. The biggest lie apart from covid this generation
Source: SkyNewsAust - 🏆 7. / 78 Read more »

Severe damage to ‘critical infrastructure’ has affected heavy vehicle operatorsNational Heavy Vehicle Regulator spokesman Steven Miller says there’s been “a lot of damage to critical infrastructure” from the recent flooding in Western Australia. “Very, very challenging for our long-haul heavy freight operators, and we’ve been doing what we can by putting temporary emergency routes in place to assist them,” he told Sky News Australia. The National Heavy Vehicle Regulator has also given notice until the 28th of February for heavy vehicle operators to use different routes to reach flood-affected areas to deliver critical supplies. “The temporary notice allows us to operate larger than normal road trains out of Western Australia and through South Australia up into the Northern Territory and northern Western Australia where these critical goods are needed for these impacted communities,” Mr Miller said. Albo has visited to deflect voice to parliament ---- nothing will happen as in the lismore floods A lot of those roads have critical military roles in the defence of the Top End … it’s of national importance that they be repaired ASAP
Source: SkyNewsAust - 🏆 7. / 78 Read more »

Australia’s large outback flood in the Kimberley | 7NEWSNew vision from the Kimberley shows more fallout from New Year floods where half a metre of water in a week has seen whole bridges brought down and highways washed away. 7NEWS Flood damage staring AlboFromPhotoOps Don’t add words. Bridges brought down is enough.
Source: 7NewsMelbourne - 🏆 18. / 59 Read more »

Central Australia remains on flood watch as Timber Creek calls for review of emergency responseA number of remote communities in the Northern Territory remain isolated but have 'sufficient supplies' for now, as a flood watch continues in the aftermath of ex-Tropical Cyclone Ellie.
Source: abcnews - 🏆 5. / 83 Read more »

Salvaged Sydney to Hobart yacht 'belongs to Aborigines', Land Council saysThe Aboriginal Land Council of Tasmania claims a Sydney to Hobart yacht that washed up on a remote beach is the property of Indigenous Australians and they are entitled to a third of its worth, despite the vessel already being salvaged. Please retweet this. I want the public all over the world to know the truth about what goes on beyond closed doors. The New York State Medical Boards have protected a dangerous, mentally unstable, Abusive NYC Psychiatrist, as the SEC protected Bernie Madoff. Both are monsters I fear at the rate race relations in this country are going, we may end up with some deaths before long. Time to dial it in and unite Australia AlboMP Just sling ‘em a couple of slabs of VB and a carton or two of Camel Plains and go tow it away. No wukkers.
Source: abcnews - 🏆 5. / 83 Read more »