If costs of Australian disasters average around $35 Billion per year as estimated by the McKell Institute, serious action is critical now. Then, when you consider the costs of repeat disasters, it is a no brainer, dramatically increased action is needed now. Then, considering the costs of insurance and the suffering underway, that should settle the argument. And then considering the cost advantages of disaster mitigation efficiencies as outlined below.
Disaster economic opportunities for NSW
A recent article in On Line Opinion identifies 10 economic opportunities in relation to disaster management.
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There are large economic opportunities that Australia can use.
The author strongly believes that the economic opportunities and efficiencies of expanding disaster mitigation in Australia are huge, it just takes government will, innovation, vision and protecting communities and firefighters and looking out for their interests. Surely good effective governments, oppositions, flood and fire agencies could capture these economic opportunities and obtain all the long term benefits of this.
Disaster economic efficiency and accountability lessons and opportunities available for Australia
The author prepared an important document teasing out the key economic, efficiency and accountability lessons and insights in relation to bushfire disasters.
The bushfire disaster economic, efficiency and accountability lessons include 27 economic, efficiency and accountability lessons and insights captured by the author in this review.
Bushfire efficiency lessons and insights in relation to current approaches to bushfire funding, mitigation, suppression, land and fire management and community protection (9 lessons and insights) are an essential read and very valuable for Treasurer's.
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There are similar efficiency issues for flood disasters.
Because of economic, efficiency and accountability problems and failures, the Australian public is being greatly impacted with huge impacts of flood, bushfire and other disasters on Australian communities in financial impacts and lives lost and injuries as well (due to miniscule mitigation underway). They are also impacted by huge insurance costs and insurance increases and large Emergency Services Levy charges.
There are huge opportunities for improving disaster policy across Australia, but, in reality, the author believes that the politicians hasn't been listening as much as they should.
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