‘Betterment the order of the day’ | What’s in the Budget | Insurance game-changer | ALGA News 7 May 2021

President's column

In response to sustained local government advocacy, I’m so pleased to welcome the Federal Government’s announcement this week of a properly funded National Recovery and Resilience Agency by July, with former NT Chief Minister Shane Stone as its coordinator-General. Disaster funding must go beyond recovery and reconstruction to embrace mitigation and resilience measures and, this+

‘Betterment the order of the day’: Cth to invest $600m in mitigation

A new federal agency will support local community responses to major natural disasters and administer a $600 million “Preparing Australia Program”. Prime Minister Scott Morrison said the new program will enable the Commonwealth to directly fund disaster mitigation and risk-reduction projects. These projects will include flood levees, hardened telecommunications infrastructure, and bushfire and cyclone-proof housing.+

$10b Cth backing for northern Australia reinsurance pool

Insurance costs for flood and cyclone-prone communities in northern Australia are expected to fall when a reinsurance pool is set up next year. Announcing the initiative this week, the Federal Government said insurance premiums for households, strata, and small businesses north of the Tropic of Capricorn should drop by a combined $1.5 billion over 10+

$250m Federal Budget boost for Building Better Regions Fund

The Morrison Government will earmark an additional $250 million for a Sixth Round of Building Better Regions Fund in next week’s Federal Budget. Deputy Prime Minister Michael McCormack made the announcement in a speech at Rockhampton on Wednesday, where he thanked local government for the job “you are doing on behalf of your local communities”.+

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