News

Fri Jan 17

With costs approaching $100 billion, the fires are Australia's costliest natural disaster

Written by Paul Read, Climate Criminologist & Senior Instructor/Lecturer, Faculty of Medicine, Monash University

It’s hard to estimate the eventual economic cost of Australia’s 2019-20 megafires, partly because they are still underway, and partly because it is hard to know the cost to attribute to deaths and the decimation of species and habitats, but it is easy to get an idea of its significance – the cost will be unprecedented.

The...

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