Natural disasters

Latest

Twitter – faster than earthquakes?

9:22PM | Friday, 16 September 2011 |  How quickly can information travel via Twitter? Faster than an earthquake, apparently.

THE NEWS WRAP: Grounded flights set to resume today

6:21AM | Wednesday, 22 June 2011 |  Flights are resuming this morning after a volcanic ash cloud again disrupted air travel, although aircraft remain stranded at several airports.

Aus dollar plummets as companies evacuate Tokyo

3:29PM | Thursday, 17 March 2011 |  The Australian dollar has become the world’s second-worst performing major currency since the nuclear crisis that has hit Japan.

Japanese economy rocked by tsunami, earthquake

3:31PM | Monday, 14 March 2011 |  The widespread Japanese disaster is expected to have a severe knock-on economic impact.

THE NEWS WRAP: Reinsurers could pull out of Oz due to recent natural disasters

3:09AM | Tuesday, 1 March 2011 |  Some of the world’s largest reinsurers could pull out of Australia and New Zealand due to the spate of natural disasters in the countries, a top insurance executive has warned.

Christchurch earthquake could drive up reinsurance pricing

2:13PM | Wednesday, 23 February 2011 |  The devastating earthquake in Christchurch may have an impact on reinsurance pricing across the Tasman with premiums potentially rising for Australian businesses.

Floods dampen CEOs’ confidence for 2011

2:00AM | Wednesday, 23 February 2011 |  The recent spate of natural disasters has dampened the confidence of business chiefs, with the latest CEO Institute Business Confidence Index recording a fall from 45 to 39 over the last quarter.

Floods cut business revenue by 5.1%

2:00PM | Tuesday, 8 February 2011 |  New figures reveal the economic effects of the floods could reduce the nations GDP growth by 1.5% in the March quarter, with business revenue falling by 5.1% in January.

Cyclone Yasi set to force further budget cuts

2:41PM | Friday, 4 February 2011 |  Cyclone Yasi has left a $1 billion damage bill for the state’s agricultural industries, with Prime Minister Julia Gillard warning of further budget cuts to fund the recovery effort.

Services sector struggles in wake of floods

2:40PM | Thursday, 3 February 2011 |  Floods, rising interest rates and the high Australian dollar saw the services sector slow down even further in January, falling 0.9 points to 45.5 points as households continue to save.
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