NATURAL DISASTERS IN SOUTH AUSTRALIA
The total economic cost of natural disasters in South Australia over the 10 years to 2016 has averaged $300m per year
Costs by natural disaster type in South Australia:
• 48% Hail
• 45% Bushfire
• 7% Storm
Today, based on the history of natural disasters over the past 50 years, the total economic cost of natural disasters in South Australia is estimated to be $200m per year
The cost in SA is forecast to reach $700 m a year by 2050
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© The Australian Business Roundtable 2024
Selected photography provided by the Australian Red Cross