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Australia: 'Government disaster spend unsustainable' - IAG

Source(s): Australian, the
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by Flickr user SunriseOn7 / Sunrise on Seven, Creative Commons BY-NC-ND 2.0, http://www.flickr.com/photos/sunrise7/5346925871/
by Flickr user SunriseOn7 / Sunrise on Seven, Creative Commons BY-NC-ND 2.0, http://www.flickr.com/photos/sunrise7/5346925871/

Insurance Australia Group (IAG) wants a big increase in government budgets for disaster mitigation, which are tiny compared to the $6 billion spent on recovery and rebuilding in recent years, reports the Australian.

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Last checked: 16 July 2021

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Themes Insurance and risk transfer Financing DRR
Country and region Australia

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