Guide to Giving
MEDIA, JOBS & RESOURCES FOR THE COMMON GOOD
NEWS  |  Politics

First Steps for Natural Disaster Funding Inquiry


Tuesday, 29th April 2014 at 10:08 am
Lina Caneva, Editor
The terms of reference for a Productivity Commission inquiry into natural disaster funding arrangements has been released.

Tuesday, 29th April 2014
at 10:08 am
Lina Caneva, Editor


0 Comments


FREE SOCIAL
SECTOR NEWS

 Print
First Steps for Natural Disaster Funding Inquiry
Tuesday, 29th April 2014 at 10:08 am

The terms of reference for a Productivity Commission inquiry into natural disaster funding arrangements has been released.

According to the Federal Government, the inquiry will analyse the full scope of current Federal and State expenditure on natural disaster mitigation and recovery.

It said the inquiry had received full support from State and Territory Governments and the Australian Local Government Association— who were all consulted on the inquiry's terms of reference.

“The Productivity Commission will identify options for achieving an effective and sustainable balance between natural disaster recovery and mitigation funding, to help communities better prepare for disasters,” Federal Treasurer Joe Hockey said.

“Natural disasters can cripple communities and businesses, and have an enormous impact on our economy.

“It is essential that we build safer and more resilient Australian communities and this inquiry will be crucial in informing how government funding should be targeted to help achieve this …

“Since mid-2009 Federal costs for disaster recovery, under the cost-shared Natural Disaster Relief and Recovery Arrangements (NDRRA) alone, have exceeded $12 billion.”

The Productivity Commission's terms of reference provide for consideration of:

  • the sustainability and effectiveness of current arrangements for funding natural disaster mitigation, resilience and recovery initiatives;
  • risk management measures available to, and being taken by, asset owners;
  • future options to most effectively fund natural disaster recovery and mitigation;
  • incentives to support cost-effective decision making; and
  • mechanisms and models to prioritise mitigation opportunities and evaluate the costs and benefits of a range of mitigation options.

The Productivity Commission will seek submissions to the inquiry.

The Commission will report on its draft findings in September 2014 and deliver a final report to the Government at the end of the year.

For more information, visit www.pc.gov.au.


Lina Caneva  |  Editor |  @ProBonoNews

Lina Caneva has been a journalist for more than 35 years, and Editor of Pro Bono Australia News since it was founded in 2000.

Guide to Giving

FEATURED SUPPLIERS


...


Helping the helpers fund their mission…...

FrontStream Pty Ltd (FrontStream AsiaPacific)

NGO Recruitment is Australia’s not-for-profit sector recru...

NGO Recruitment

Yes we’re lawyers, but we do a lot more....

Moores

More Suppliers


YOU MAY ALSO LIKE

Mental Health Groups Call for Same-Sex Marriage to Prevent Suicide

Luke Michael

Thursday, 21st September 2017 at 4:24 pm

Public Interest / Private Interest – A Fundamental Distinction

David Crosbie

Thursday, 14th September 2017 at 8:46 am

Boosting Philanthropy For A Stronger Australia

Wendy Williams

Monday, 11th September 2017 at 5:16 pm

POPULAR

Moves to Stop Volunteering at Overseas Orphanages

Luke Michael

Wednesday, 13th September 2017 at 1:54 pm

Future Uncertain for Disability Organisations Following Funding Cuts

Wendy Williams

Tuesday, 19th September 2017 at 8:29 am

Majority of NFPs Are Not Believed to be Well-Run, According to New Survey

Luke Michael

Tuesday, 12th September 2017 at 4:14 pm

More Australians Are Giving Time Not Money

Wendy Williams

Monday, 11th September 2017 at 5:07 pm

Write a Reply or Comment

Your email address will not be published. Required fields are marked *


Guide to Giving
pba inverse logo
Subscribe Twitter Facebook

Get the social sector's most essential news coverage. Delivered free to your inbox every Tuesday and Thursday morning.

You have Successfully Subscribed!