Transcription of Cost of Black Saturday bushfires
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Cost of Black Saturday bushfires
cost of Black Saturday bushfires TANGIBLE $ bn INTANGIBLE $ bn cost of Queensland floods TANGIBLE $ bn INTANGIBLE $ bn 7bn $. $ cost of Newcastle earthquake TANGIBLE $ bn INTANGIBLE $ bn $. 32. 3. T he cost of natural disasters: Australian experiences Key points The case studies demonstrate that the total economic cost of natural disasters has been underestimated by at least 50%. Accounting for the tangible and intangible costs, the forecast annual cost of natural disasters across government, business and communities in Australia is expected to reach about $33 billion by 2050. This estimate is likely to be conservative. Prolonged and extensive rainfall from December Case studies showing the cost 2010 to January 2011 led to extensive flooding of natural disasters in Australia in Queensland (Queensland Floods Commission This section provides a detailed assessment of the of Inquiry, 2012).
32 Cost of Black Saturday bushfires Cost of Newcastle earthquake Cost of Queensland floods INTANGIBLE $7.4 bn INTANGIBLE $10.2 bn INTANGIBLE $3.9 bn
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