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Roger Jones, Professorial Research Fellow, Victoria University

In the wake of Alfred, how do we think about and measure the cost of catastrophes?

Ex-Tropical Cyclone Alfred is the latest in a succession of extreme rainfall events to wreak havoc on coastal communities in New South Wales and Queensland.

Over 500 kilometres of coastline has been affected, with extreme rainfall and flooding reaching inland to Lockyer Valley and the northern rivers of NSW.

This is a massive area, affecting hundreds of thousands of households, with tens of thousands of people stranded. Similar numbers of properties are likely to be damaged.

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