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


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