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At $4.5bn each year extreme weather is costing Australia three times as much compared with 1990s, insurers say

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Submitted ⁨⁨5⁩ ⁨days⁩ ago⁩ by ⁨Severus_Snape@lemmy.world⁩ to ⁨australia@aussie.zone⁩

https://www.theguardian.com/australia-news/2025/oct/07/at-45bn-each-year-extreme-weather-is-costing-australia-three-times-as-much-compared-with-1990s-insurers-say

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  • Seagoon_@aussie.zone ⁨5⁩ ⁨days⁩ ago

    these articles are so lazy, of course there is more payout, the population has boomed

    so more people with insurance policies, more claims

    and with booming population all the really safe places to build have been taken, we are now onto less safe places

    and corrupt councils run by the real state lobby have stuffed up zoning, a lot of places, like flood zones, should never be built on

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