Australia's natural disasters bill hits $3.5 billion in 2022, billions more to come

SYDNEY (Reuters) – Floods and natural disasters that hit all but one Australian state and territory in 2022 cost the economy A$5 billion ($3.48 billion) and stoked inflation according to Treasury estimates which forecast billions more spending in 2023. Read full story

Source : https://www.thestar.com.my/news/world/2023/01/13/australia039s-natural-disasters-bill-hits-35-billion-in-2022-billions-more-to-come