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Australia Flood Insurance News: Local councils fear cost shifting for flood insurance

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Written on:August 3, 2011
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Australia Flood Insurance News: Local councils fear cost shifting for flood insurance

Australian local government has brought cost shifting to the surface once more as it looks like the federal government’s flood insurance costs will be sent to local councils. Though cities such as Canberra have supported local government decisions to remove state government cost shifting, the Australian Local Government Association (ALGA) has voiced its concerns regarding indications that the federal government is now considering putting the weight of flood risk insurance…

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