Flood fatigue hits QLD fundraiser

Advertisement

From The Australian:

THE head of Queensland’s flood appeal says donations are so low they won’t go anywhere near helping those who’ve lost it all.

Terry Mackenroth says only $6 million has been raised so far, including $1 million each from the state and federal governments.

“For the amount of devastation I’ve seen just through watching television, it is not going to go anywhere near paying the sorts of claims we will receive,” he told reporters.

…He cited the flood appeal from two years ago, which raised a quarter of a billion dollars, and the Cyclone Larry appeal, which raised $25 million.

Interesting. Some speculations:

Advertisement
  • we’re tapped out;
  • we’re all wondering why folks still live on flood plains as climate change cometh;
  • we’re all waiting for a new flood levy;
  • there just wasn’t enough water;
  • chick Premiers make better appeals than do blokes.
About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.