Natural disasters cost Australia’s economy $2.2bn in first half of 2025, new Treasury analysis shows
by Andrew Messenger from Environment | The Guardian on (#6XNWN)
Wild weather, including Cyclone Alfred and floods in NSW and Queensland, significantly slowed retail trade and household spending
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Six months of natural disasters in 2025 have cost the economy $2.2bn, largely in slower retail and household spending, according to new federal Treasury analysis.
Wild weather has repeatedly battered the Australian east coast this year.
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