According to Deloitte, the estimated $100 billion spent as a result of the megafires is without comparison in our history.
As it stands, the majority of rural Australians do not have enough insurance to rebuild what the megafires claimed. So what happens now?
In its budget update, the government has walked back their projected surplus and expectations for growth. Oh, dear.
The Panama Papers could have been a massive moment in history. However, the culture of tax havens, creative taxation and billionaires paying zero tax remains.
The scope of Westpac’s wrongdoing has forced me to pen this letter. For my money, the initial punishment has not been good enough.
Victory over robo-debt seems a little closer as a leaked email from the Department of Human Services has illuminated the problems within.