NATURAL DISASTERS IN VICTORIA
The total economic cost of natural disasters in Victoria over the 10 years to 2016 has averaged $3.2bn per year
36% of the Costs of natural disasters in Victoria are due to Hail
Today, based on the history of natural disasters over the past 50 years, the total economic cost of natural disasters in Victoria is estimated to be $1bn per year
The cost in Victoria is forecast to reach $3.2 bn a year by 2050
93% of the Victorian population face high to extreme risk of Earthquake
What to do next
© The Australian Business Roundtable 2024
Selected photography provided by the Australian Red Cross