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Australian Business Roundtable for Disaster Resilience & Safer Communities

BUSINESS LUNCH

Julie Batch, Paul O’Sullivan, Michael Raper and Campbell Hanan in conversation with Catherine McGrath  addressed a Business Lunch for over 100 senior business executives in an interactive discussion around “Building a more resilient Australia”. This lunch was proudly sponsored by Message Stick.

Each year, floods, cyclones and bushfires leave a $6.3 billion damage bill in their wake. As natural disasters increase in intensity and frequency, this economic cost is forecast to rise to $23 billion by 2050. As a response to these increasing, unsustainable costs and the multigenerational scars being left on our communities, five of the nation’s leading businesses and the Australian arm of the world’s largest humanitarian organisation came together to build a more resilient Australia.

This unlikely coalition, named the Australian Business Roundtable for Disaster Resilience & Safer Communities, has presented to Government an innovative and fresh approach to disaster management that could save lives and protect our country’s infrastructure and economy. They demonstrated that an annual investment of $250 million will save $12.2 billion by 2050 – a 50% reduction in the forecast economic impact.

We strongly believe it is of national importance to make Australian communities safer and more resilient to natural disasters. Our nation’s investment in mitigation measures to improve our communities’ resilience to natural disasters is well short of what’s required to seriously tackle the issue and has been surpassed by post-disaster recovery spending. Progress on resilience development is too slow, fragmented and reactive. The members of the Roundtable have come together to champion the need for a more sustainable, coordinated national approach to make our communities more resilient and our people safer. It’s the only way to reduce the future economic and social costs of the inevitable natural disasters Australians will face.

To that end, we invite you to visit their webpage for more information and to also register by clicking here to receive news and announcements. Australian Business Roundtable for Disaster Resilience & Safer Communities also proud to support the continuance of our work at the Global level through the work of the UNEP FI PSI and their recently released Global Risk Map --  globalriskmap.nicta.com.au/

Australian Business Roundtable for Disaster Resilience & Safer Communities' direct email address is: australianbusiness.roundtable@iag.com.au

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