President's column
In a big win for our communities, Federal Labor has committed to a $250 million expansion of the Local Roads and Community Infrastructure (LRCI) Program, if elected later this month. This is in addition to the $500 million expansion announced by the Government in this year’s Federal Budget. Securing more funding for this highly successful+
Insurance payout from east coast floods ‘will reach $3.35b’
The February/March floods in South-east Queensland and coastal NSW look set to become Australia’s single costliest flood event. The Insurance Council of Australia (ICA) says that based on 197,000 claims filed across both states, the event will rack up $3.35 billion in insured losses. This makes it the most expensive flood in Australia’s history, and+
Tally of uninsurable property set to reach 520,000 by 2030
One in 25 properties in Australia will be effectively uninsurable by 2030 because of worsening extreme weather, a new Climate Council study says. The federal Victorian electorate of Nicholls has the highest number of properties – around 26,000 or nearly 27 percent of total numbers – considered to be at high risk of being uninsurable+