World · East Asia & Pacific · 4 hrs ago

Australian bushfires forecast to cost economy A$6 billion a year

Australian bushfires forecast to cost economy A$6 billion a year

A study forecasts bushfires will cost Australia A$6 billion a year on average over the next 30 years, nearly three times earlier estimates.

The modelling, commissioned by Emergency Leaders for Climate Action, says warmer temperatures have lengthened fire seasons by 21 per cent since 1979.

About 5.6 million Australian households face some bushfire risk, and the 2019–20 Black Summer fires caused almost A$30 billion in damage and other costs.

The study says health and wellbeing harms make up most of the projected costs, ahead of damage to businesses and homes.

Australia is preparing for summer as El Niño conditions are expected, while the report warns that longer, overlapping fire seasons and fewer volunteers put pressure on firefighting capacity.

Former emergency services commissioner Peter Dunn has called for early detection and at least 12 firefighting aircraft; the sources do not say whether Australia will adopt these proposals.

3 sources

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What people are saying

Greg MullinsFormer Fire and Rescue NSW commissioner
The fire seasons are longer, they're overlapping between states and we're getting catastrophic fire weather.
via ABC Australia
Previous studies only looked at insured costs, which were far less, but costs across the economy are huge; in 30 years that's $180 billion.
via ABC Australia
Glen McGrathSnowy Valleys Council manager of technical services
There's still a number of houses that weren't rebuilt after the fire, so there's widespread impacts and recovery efforts still.
via ABC Australia
Felicity GambleBureau of Meteorology senior climatologist
In the last three months since El Niño has been active, we've seen drier-than-average conditions along much of the eastern seaboard.
via ABC Australia