Business News

In the wake of Alfred, how do we think about and measure the cost of catastrophes?

Written by Roger Jones, Professorial Research Fellow, Victoria University

Ex-Tropical Cyclone Alfred is the latest in a succession of extreme rainfall events to wreak havoc on coastal communities in New South Wales and Queensland.

Over 500 kilometres of coastline has been affected, with extreme rainfall and flooding reaching inland to Lockyer Valley and the northern rivers of NSW.

This is a massive area, affecting...

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