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Building Australia's resilience to natural disasters 2017
Investing in preparedness
Deloitte Access Economics examines the impact of natural disasters on people, the environment and our communities in a series of reports for the Australian Business Roundtable for Disaster Resilience and Safer Communities.
- Building resilient infrastructure
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The Australian Business Roundtable for Disaster Resilience and Safer Communities
The Australian Business Roundtable for Disaster Resilience and Safer Communities was formed in December 2012 by the Chief Executive Officers of: Australian Red Cross, Insurance Australia Group, Investa Property Group, Munich Re, Optus and Westpac Group.
This body of work supports a growing national awareness of the need for disaster mitigation and resilience due to the increasing prevalence and cost of natural disasters. Visit the website.
Building resilience to natural disasters in our states and territories
This report finds that the total economic cost of natural disasters is growing and will reach $39 billion per year by 2050. These costs include significant, and often long-term, social impacts, including death and injury and impacts on employment, education, community networks, health and wellbeing.
The report considers challenges for disaster resilience in the states and territories, and the role of these governments in collaboration with other jurisdictions, community and business. Further investment in disaster resilience is essential to lessen the forecast increase in costs. This includes physical measures, such as resilient infrastructure, and community measures, such as preparedness programs.
Building resilient infrastructure
This report investigates the decision-making process for new ‘hard’ infrastructure assets in light of disaster risks, including the various Commonwealth and state guidelines for comparing project options through cost-benefit analysis. It also builds the case for embedding resilience considerations into this process, and offers practical steps to do so.
The economic cost of the social impact of natural disasters
This report expands on Building our nation’s resilience to natural disasters by valuing some of the broader social impacts of natural disasters to better understand the total cost of natural disasters in Australia.
Building an open platform for natural disaster resilience decisions
This report provides an overview of natural disaster data and research in Australia, and reinforced the need for better coordination and transparency of disaster risk and resilience information.
Building Australia’s resilience to natural disasters
This report reviews the economics of mitigating disaster risks facing Australian communities. It identified opportunities for greater coordination between governments, businesses and communities in managing pre-disaster resilience, including carefully targeted mitigation investments.