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Showing 11 - 20 of 81 results for "flood"

Treasury issues statement on systemic climate risk to government bonds

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
Treasury has acknowledged that climate is a systemic risk for the Australian economy and creates uncertainty about the fiscal impacts of climate change on government bonds. The federal court has approved a settlement between the Commonwealth and Kathleen ...

Investing in net zero "makes business sense": Energetics

RACHEL ALEMBAKIS  |  THURSDAY, 5 OCT 2023  |  NEWS
Editorial note: This is the first in a six-part series of articles brought to you by Energetics While setting a net zero target and implementing strategies to transition from current carbon emissions activities to that long term goal is not quite business ...

Climate risk or opportunity for insurance sector

ROSE MARY PETRASS  |  THURSDAY, 5 OCT 2023  |  NEWS
... Queensland where you can get a reduction on your premium to put rollers on windows and doors. Obviously, some of these things for flood prevention are a lot more expensive - raising your house is a lot more expensive task. But there are things like waterproofing ...

Asia ahead in Science Based Targets race

ROSE MARY PETRASS  |  MONDAY, 28 AUG 2023  |  NEWS
2022 saw an 87% increase in corporates setting targets, as more companies set targets in one year than in the seven years previously. The Science Based Targets initiative (SBTi) has reported 1097 companies set science-based targets in 2022 - a rise ...

Aussie farmers call for climate courage

ROSE MARY PETRASS  |  THURSDAY, 24 AUG 2023  |  NEWS
Australia's food security hangs in the balance with climate change exacerbating extreme drought, flooding and other impacts which harm the country's ability to sustain food production, but climate change also presents opportunities for investment in ...

Climate resilience needed to dodge $442b VIC loss by 2100

ROSE MARY PETRASS  |  MONDAY, 31 JUL 2023  |  NEWS
Rising sea levels and storm surges could cause $442 billion in economic loss in Victoria by 2100, caused by the impacts of sea level rise and storm surge. A recent study, led by the University of Melbourne, the Victorian Marine and Coastal Council and ...

Aussie businesses building climate resilience: FM Global

RACHEL ALEMBAKIS  |  THURSDAY, 29 JUN 2023  |  NEWS
... risk. "Climate risk really looks at the quality and enforcement of our building codes and standard with regards to wind and flood and also considered the work that has been done by our clients in terms of improving their readiness for flood and wind ...

Amid economic uncertainty, "overlooked" co-ops and mutuals thrive

ROSE MARY PETRASS  |  MONDAY, 26 JUN 2023  |  NEWS
Australia's top 100 co-operative and mutual enterprises saw revenue increases of 10.8% to $37.7 billion in the 2022 financial year, despite global and domestic economic uncertainty - with the greatest number being in the financial services sector, a ...

Australian wellbeing hits record low

ROSE MARY PETRASS  |  WEDNESDAY, 17 MAY 2023  |  NEWS
A new report has found that Australians' subjective wellbeing has fallen to the lowest score on record and that young people and low-income Australians, as well as those without secure work, are worse affected. Australian Unity and Deakin University ...

Insured losses from natural catastrophes $150 billion in 2022

ROSE MARY PETRASS  |  THURSDAY, 30 MAR 2023  |  NEWS
... that the 2022 storms and floods that impacted South-East Queensland and coastal New South Wales were Australia's costliest flood events on record. The event is estimated to have cost $3.35 billion in insured losses. The report found a 5-7% annual increase ...