Read The Times Australia

Daily Bulletin

One in 1,000 years? Old flood probabilities no longer hold water

  • Written by: John Quiggin, Professor, School of Economics, The University of Queensland
One in 1,000 years? Old flood probabilities no longer hold water

Australia’s catastrophic east coast floods have been described by the NSW premier as a “one in 1,000-year event, a term that has created a great deal of confusion.

Lengthy explanations that these terms are not the same as "occurring 1,000 years apart” or “once every 1,000 years” have only added to the confusion.

The simplest explanation is that the actual meaning of “one in 1,000 years” is “having a probability of 0.1 per cent in any given year” (1 in 1,000), which raises the question: why don’t people simply say that?

The main reason is that these terms date back to a time when most people didn’t think in terms of probabilities, and even those who did were confused about how they worked. These days we interact with probabilities all the time.

The daily weather forecast includes a percentage probability of rain, and longer-term forecasts give the probabilities of higher or lower than average rainfall according to El Nino and La Nina cycles.

Financial markets bet on the probabilities or interest rates moves. Statistics and probability are taught to children in school.

But this is quite a recent development.

Until the 17th century, even the most elementary concepts of probability theory were unknown. People thought of fate and fortune as essentially unknowable. Even gamblers didn’t understand odds.

The birth of probability

Indeed, it was a request from a gambler friend in about 1654 that motivated the French philosopher and mathematician Blaise Pascal to develop the basic concepts of probability with fellow mathematician Pierre de Fermat.

(Pascal also used the idea to develop “Pascal’s wager” used to demonstrate the usefulness of believing in God. The idea is that if God exists believers will be rewarded with eternal bliss. If not, they will forgo a limited number of earthly pleasures while alive. No matter how small the probability of God existing, the benefit of believing in God turns out to be infinite while the cost is finite.)

Understanding developed slowly. It was not until the mid-18th century that English clergyman Thomas Bayes was credited with the field’s most important development.

The tool bequeathed by Bayes

In its modern interpretation Bayes’ theorem gives us the means to revise our view of the probability of an event in the light of evidence about what has just happened.

Whether or not something has just happened is explicitly fed into the recalculation along with updated assessments of the probability that that matters.

Bayes’ theorem, in neon, in the office of British software company HP Autonony. Wikimedia Commons, CC BY

Until Bayes, most probabilities were calculated as if they were unchanging, such as the probability of getting “heads” when tossing a coin. Those probabilities could usefully be described as “one in 1,000 years”, or “on average, every second toss”.

But the probability of a severe flood changes over time as the relationship between the components that make up the weather system change. Whether a flood has occurred gives us evidence about that change.

This makes it no longer helpful to refer to a severe flood as “one in x years” event.

Read more: Bayes' Theorem: the maths tool we probably use every day, but what is it?

It’s long past the time we changed the terminology of once-in-so-many years, but to what? The answer seems straightforward, though the details will be tricky.

First, we need to convert the old measures into severity scales, similar to those used for cyclones and earthquakes, but specific to each catchment.

Having done that, the probability of an event of given severity can be estimated on the basis of historical experience and updated in the light of new evidence.

How would this apply in the case of an event like the Lismore flood?

Read more: 'One of the most extreme disasters in colonial Australian history': climate scientists on the floods and our future risk

The initial “one in 1,000 year” description means that such an event would be extremely unlikely if the old relationship held.

Using Bayes’ theorem, we would update the initial one in 1,000 probability on the basis of updated information about the chance the underlying relationships are changing, producing new annual probabilities each year.

This is how machine learning works and how medical and insurance odds are updated. Sadly, the revised probabilities will almost certainly exceed one in 1,000.

Authors: John Quiggin, Professor, School of Economics, The University of Queensland

Read more https://theconversation.com/one-in-1-000-years-old-flood-probabilities-no-longer-hold-water-178524

Business News

How Telematics Helps Australian Companies Improve Productivity

Operating a commercial fleet in Australia is a uniquely demanding endeavour. Between the sprawling urban sprawl of cities like Sydney and Melbourne and the immense, unforgiving stretches of the Outb...

Daily Bulletin - avatar Daily Bulletin

Inside the Icon: The BridgeMuseum Officially Opens at the Sydney Harbour Bridge

A bold new way to experience one of Australia’s most recognisable landmarks has arrived, with BridgeClimb Sydney officially opening the all-new BridgeMuseum.  Located inside the Sydney Harbour Brid...

Daily Bulletin - avatar Daily Bulletin

Is Your Brand Showing Up in AI Search? Most Melbourne Brands Aren't.

The New Front Door Nobody Told You About Something changed. Quietly. Without a press release. The way buyers find businesses in Australia has been rewired. Not replaced, rewired. Google isn't dead...

Daily Bulletin - avatar Daily Bulletin

How Australian Businesses Can Measure SEO ROI

SEO can feel vague when you are staring at a dashboard full of numbers that do not clearly connect to revenue. The key is to measure the right signals in the right order, then tie them back to outcome...

Daily Bulletin - avatar Daily Bulletin

How Commercial Roller Shutters Improve Site Security Without Slowing Operations

Security upgrades can be frustrating when they make everyday work harder. A door that takes too long to open, creates bottlenecks at shift change, or fails at the worst time can turn “better protectio...

Daily Bulletin - avatar Daily Bulletin

Why a Document Destruction Service Still Matters for Modern Businesses

Businesses generate large volumes of information every day, from staff records and contracts to invoices, reports and customer files. While attention often focuses on how documents are stored, the way...

Daily Bulletin - avatar Daily Bulletin

Bicycle Rack Safety and Space-Smart Storage

Bike storage problems usually show up as small annoyances first: tangled handlebars, scratched frames, and bikes that topple when you pull one out. Over time, those issues become safety risks, especia...

Daily Bulletin - avatar Daily Bulletin

How to Tell if a Childcare Centre Is a Good Fit for Your Child

Choosing childcare can feel like you’re making a huge decision with limited information. Tours are short, centres are often on their best behaviour, and your child might act differently in a new space...

Daily Bulletin - avatar Daily Bulletin

Car Import Timeline: What Usually Happens at Each Stage

Importing a car into Australia can feel confusing because multiple agencies and checkpoints are involved, and the timeline is shaped as much by paperwork quality as it is by shipping speed. The most u...

Daily Bulletin - avatar Daily Bulletin

The Daily Magazine

Gold Migration Lawyers in Liquidation: How the Closure Affects Your ART Appeal

If your appeal was with Gold Migration Lawyers, a recent change to how the Tribunal decides cases ...

The pressure cooker: life in urban Australia in 2026

Australian cities have always been demanding. Long commutes, rising housing costs, busy schedules a...

What Actually Makes a Good Criminal Lawyer in Melbourne

Most people only think about this question once. That is usually too late. Most people charged wi...

Why Working With A Chatswood Tutor Can Improve Academic Performance

Academic expectations continue increasing for students across primary school, high school, and senio...

Is It Worth Getting Solar Panels in Melbourne?

The real question is not whether solar works in Melbourne. It works. The question is what it is co...

How A Diploma Of Project Management Builds Practical Skills For Modern Work Environments

Developing the ability to plan, execute, and deliver outcomes efficiently is a key requirement in to...

How to Choose the Right Football for Every Level

Choosing a football may seem straightforward, but the right option depends on who will be using it a...

What to Ask a Wedding Photographer Before You Book

Booking a wedding photographer can feel deceptively simple: you like the photos, you like the vibe...

Why Stress Relief For Dogs Is Essential For Emotional Balance And Long-Term Wellbeing

Managing emotional health is just as important as physical care when it comes to pets, which is why ...