Victoria Implements Mandatory Flood Planning, Secures Infrastructure Funding
What happened
Victoria has implemented mandatory flood planning provisions, which will generally prevent new construction in the state's highest-risk flood areas. The states are also receiving joint funding for levee infrastructure projects.
From miragenews.com
Why it matters
The reforms introduce a Flood Risk Rating system that sets planning and building controls based on the level of flood risk. This measure is intended to reduce disaster losses and protect insurance affordability by limiting new housing in high-risk zones.
Heavy rainfall and wet weather are forecast for New South Wales, Queensland, and Victoria.
From miragenews.com
Who's involved
- VictoriaImplemented mandatory flood planning provisions in high-risk areas.
- state governmentImplements mandatory flood planning provisions and drives infrastructure investment.
- federal governmentProvides joint funding allocation for Victorian flood infrastructure projects.
- CommonwealthProvides joint funding allocation for flood projects.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- state governmentSpeculative
Could see changes in construction standards and housing supply due to new planning controls.
- federal governmentSpeculative
Might see changes in funding allocation for infrastructure projects.
- CommonwealthSpeculative
Might see changes in funding allocation for flood projects.
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The entities involved
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New South Wales
state of Australia
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Queensland
state of Australia
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Victoria
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