Breaking News >> News >> The Guardian


Pressure mounts on Morrison government to include flooding in $10bn reinsurance pool


Link [2022-03-12 15:57:27]



Politicians at state and federal level back calls to expand Northern Australia cyclone scheme to other natural disasters across the country

NSW flood disaster worsens housing crisis in northern riversFollow our Australia news live blog for the latest updatesGet our free news app; get our morning email briefing

The federal government is under increasing pressure to expand its reinsurance pool for cyclone damage to include flooding, with calls for the Coalition to pass the legislation in the final days of parliament before the looming election.

Politicians across the political divide, at state and federal level, have backed calls to expand the $10bn Northern Australia reinsurance pool for cyclone damage to cover more natural disasters, across the country. Several Coalition members – including Warren Entsch, one of the scheme’s principal advocates, and Kevin Hogan, representing the Lismore-based electorate of Page – have thrown their weight behind the changes, as well as north coast MPs Janelle Saffin and Tamara Smith.

Sign up to receive an email with the top stories from Guardian Australia every morning

Continue reading...

Most Read

2024-09-21 17:26:45