NATURAL DISASTERS IN AUSTRALIA

Natural disasters or extreme weather events have impacted more than 9 million Australians in the past 30 years

The total economic cost of natural disasters in Australia over the 10 years to 2016 averaged $18.2 billion per year, equivalent to 1.2% of GDP

By 2038 the total economic cost of natural disasters in Australia is set to double

By 2050 the total economic cost of natural disasters in Australia will be $39 billion per year

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