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The Guardian - AU
The Guardian - AU
National
Tamsin Rose, NSW state correspondent

Natural disasters could cost NSW $9bn a year by 2060, analysis finds

A cyclone causes damage off the east coast of Australia
A cyclone causes damage off the east coast of Australia. Modelling of natural hazard risks was contained in NSW’s first-ever disaster mitigation plan being released on Friday.
Photograph: Dan Peled/AAP

The New South Wales coastline is increasingly at risk of severe natural disasters, with the state on track for an annual damage bill of $9bn by 2060 if the effects of climate change and population growth are not mitigated.

Fresh analysis from the NSW Reconstruction Authority revealed that while the highest natural hazard risks historically were from fires and heatwaves – and, at the moment, storms and floods – coastal hazards will dominate in years to come.

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