Get all your news in one place.
100's of premium titles.
One app.
Start reading
AAP
AAP
Annabelle Banfield

Why natural disasters are impacting the housing crisis

$11.3 billion has been spent to repair homes damaged in catastrophic weather events since 2022. (John Wilson/AAP PHOTOS)

Rebuilding homes hit by natural disasters is diverting money, materials and workers away from the ever-important task of solving the housing crisis.

A new insurance catastrophe resilience report from Insurance Council of Australia revealed the cost of rebuilding is now rising faster than inflation as the price of materials and trades continue to skyrocket.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.