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Australia’s bushfire emergency – an economic overview

January 13, 2020 - 00:08 -- Admin

Below is preliminary analysis from Westpac Economics on the economics of the current bushfire crisis: Summary Bushfires are currently affecting large parts of south eastern Australia with elevated risk of further fires in coming weeks. We estimate total losses to date are likely to be around $5bn – higher than the 2009 bushfires in Victoria

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