'Eye-watering': climate change disasters will cost Australia billions each year, study finds

Catastrophes like fires and floods could set the economy back more than $1.2tn by 2060, even if action is takenGet our free news app; get our morning email briefingClimate change-related disasters will cost Australia $73bn a year by 2060, even if action to curb emissions is taken now, a report has found.And if nothing is done to tackle climate change, that figure will grow to $94bn a year by that date, a study by Deloitte Access Economics says. Continue reading...