this post was submitted on 14 Jan 2025
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A $10 billion cyclone and flood reinsurance pool was set up in 2022, in a bid to bring down home and business insurance premiums in northern Australia


The big question that really needs answering is: How do we move people away from areas that are disaster prone?"

The former shows why the latter is impossible. Quite the opposite of encouraging people to move away, it allows people and local authorities to be lackadaisical about climate enhanced risk.

This segues to another recent article

https://www.abc.net.au/news/2025-01-14/queensland-severe-heatwave-weather-storms/104813982

The air conditioner is going 24/7," she said. . "The last two years it's been a hell of a lot hotter," she said.

Yes, once again the former making it worse. Those that can't afford AC (6-7 billion or so around the workd?) can just die ?

It's seems that's all we do, make it worse.

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