Queensland catastrophe schemes receive $12 million
Natural disaster mitigation projects in Queensland will receive more than $12 million in the latest round of funding announced by the Federal and Queensland governments.
The money will be spent on eight schemes, including levee works for Bedourie, flood prevention at Gladstone, improved drainage in Chinchilla and a new State Emergency Service facility at Theodore.
Funds will also be spent on a disaster co-ordination centre at Jericho, rail bridge works at Emerald and Kilcoy and improved data collection and mapping for floods and bushfires.
The Federal Government’s $6 million share of the funding is part of the $26 million provided annually through the national partnership agreement on the Natural Disaster Resilience Program.
Governments are under pressure to enhance flood mitigation measures after insurance premiums increased and companies withdrew cover.
In May last year Suncorp stopped writing new business in Roma and Emerald, two of Queensland’s worst-affected towns, until steps were taken to reduce flood risk.
In February Westpac stopped offering home and contents insurance to people in high-flood-risk areas unless they had a mortgage with the bank.