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Oral presentation emergency_management_economics
- 1. EMERGENCY MANAGEMENT ECONOMICS Analysis of Flood disaster funding in Queensland Author: Rhys Gilboy Queensland University of Technology 2017
- 2. WHAT IS THE PROBLEM? • Large amount of money being spent on disaster relief • Currently federal Governments only spend $50 million on pre-disaster funding • Quality of assets after reconstruction suffers • Short term loss vs long term gain
- 4. DISASTER FUNDING IN QUEENSLAND • Natural Disaster Relief ad Recovery Arrangements (NDRRA) • Queensland – Category B • Externality for Queensland Level of Assistance Queensland $M Financial Reimbursement % First Threshold 94 0 Second Threshold 164 50 Above second Threshold >164 75
- 5. ROAD IMPACTS • Queensland has 186,859km of roads • Number of flood events has been increasing • Pavements are deteriorating at a higher rate • Subgrade and structural strength is lower after rain event
- 7. COST-BENEFIT ANALYSIS • Flood Data • Entity and Time Perspectives • Net Present Value • Intangibles • International Comparisons • Critical Infrastructure and warnings
- 8. FLOOD DATA 1893 1916 1950 1970 1974 1996 1998 2008 2010 2010 2012 2013 2015 2017 Brisbane Clermont Queensland West Queensland Eastern Queensland Brisbane Queensland Townsville Mackay Queensland Brisbane Eastern Australia Eastern Queensland South-East Queensland South queensland Time(Year) Location of flood event FLOODS IN QUEENSLAND Year
- 9. 0 23 34 20 4 22 2 10 2 0.5 2 1 2 2 0 5 10 15 20 25 30 35 40 TIME(YEARS) LOCATION Time Between floods in Queensland 0 1 2 3 4 5 6 7 8 0-5 6-10 11-20 21-30 30+ OCCURANCERATE TIME (YEARS) Occurance Rate between events in Queensland
- 10. ENTITY AND TIME PERSPECTIVE • Governments stakeholders – Society and their own party • Society – Pay taxes expect good quality of life • Private firms cost 100% more than government when repairing roads • Schmidt’s road
- 13. NET PRESENT VALUE For road and related infrastructure 2011 Brisbane Flood 2013 Brisbane floods Nominal cost (AUD) $156 Million $100 Million Current Net cost 2017 - From interest rates $189.7 Million $112.1 Million Current net cost 2017 – From GDP $190.3 Million $116.2 Million
- 14. Intangible Factor Brisbane Floods (%) Deaths / Injuries 4 Chronic disease 6 Mental Health 80 Family Violence 10 Alcohol Abuse 0 Environment - • Intangible costs represented • 50% of the total damage • accord to Deloittes report • in 2015 Natural Disasters • $1,000 for adults and $400 for children who are adversely affected by a major disaster, INTANGIBLES
- 15. INTERNATIONAL COMPARISON • Colombia spends more on Pre- disaster • Number of declared floods during election campaigns
- 16. CRITICAL INFRASTRUCTURE & WARNINGS • Major Roads • Dams and Levees • Fast flood warnings • Educating the community
- 17. SHOULD MORE FUNDING BE PROVIDED TO DISASTER PREVENTION?
- 18. THANK YOU ARE THERE ANY QUESTIONS?