Floods last year cost Australia economy an estimated $5bn

ABC NEWS (Australia) 2023-01-13

Views 120

Last year's widespread floods wiped roughly five billion dollars from the Australian economy, according to new Treasury Analysis. The economic impact is expected to linger into this year too, particularly worsening rising inflation.

Show more

Download

Report form

RELATED VIDEOS

Telangana Floods Losses Estimated at Rs 5,000 Crore ప్రకృతి ప్రకోపానికి విలవిల్లాడిన హైదరాబాద్

play

Telangana Floods Losses Estimated at Rs 5,000 Crore ప్రకృతి ప్రకోపానికి విలవిల్లాడిన హైదరాబాద్

Ten thousand Mid North Coast properties estimated to be damaged due to floods

play

Ten thousand Mid North Coast properties estimated to be damaged due to floods

Widespread showers across San Joaquin Valley: Snow level estimated around 3500 feet

play

Widespread showers across San Joaquin Valley: Snow level estimated around 3500 feet

Data reveals 2022 flooding cost estimated at $5 billion

play

Data reveals 2022 flooding cost estimated at $5 billion

More than 100,000 head of livestock estimated lost during flooding in outback Queensland

play

More than 100,000 head of livestock estimated lost during flooding in outback Queensland

Poor data costs the US economy an estimated $3.1 trillion a year

play

Poor data costs the US economy an estimated $3.1 trillion a year

OECD says world economy set to grow less than estimated

play

OECD says world economy set to grow less than estimated

Meghan Markle and Prince Harry's Wedding Estimated To Bring $680 Million To UK Economy

play

Meghan Markle and Prince Harry's Wedding Estimated To Bring $680 Million To UK Economy

West Midlands: Eid Mubarak is estimated to be worth up to £40m to the region's economy

play

West Midlands: Eid Mubarak is estimated to be worth up to £40m to the region's economy

OPEN ALL HOURS: ‘Twilight’ Workers Contribute An Estimated £487 Billion To The UK Economy

play

OPEN ALL HOURS: ‘Twilight’ Workers Contribute An Estimated £487 Billion To The UK Economy

Australia's official unemployment rate has dropped to three and a half per cent... with an estimated 88 thousand jobs added to the economy last month.

play

Australia's official unemployment rate has dropped to three and a half per cent... with an estimated 88 thousand jobs added to the economy last month.

Queensland floods: Three deaths and major damage caused during flash floods in Australia - TomoNews

play

Queensland floods: Three deaths and major damage caused during flash floods in Australia - TomoNews