Australian Business Roundtable for Disaster Resilience & Safer Communities submission to the Productivity Commission's Issues Paper - Natural Disaster Funding Arrangements lodged with Productivity Commission

The Australian Business Roundtable for Disaster Resilience and Safer Communities (Roundtable) welcomes the opportunity to make a submission to the Productivity Commission’s Inquiry into National Disaster Funding Arrangements.

The Roundtable is particularly encouraged that the Issues Paper states the Productivity Commission will consider whether the current natural disaster funding arrangements are effective, sustainable and coherent, and contribute to effective risk management and therefore increasing the wellbeing of the Australian community. The Roundtable believes the Inquiry provides Australia with an opportunity to examine the full scope of national expenditure on natural disasters and develop a more sustainable balance between mitigation and recovery funding arrangements.