Minister says we are still putting homes in harm's way

The Hon Stephen Jones MP,
Assistant Treasurer and Minister
for Financial Services

Greetings from the ANU Disaster Solutions Update 2024, with Stephen Jones, Minister for Financial Services giving the keynote at the Australian National University's Institute for Climate, Energy & Disaster Solutions. He pointed out that in the past government have not done a good job, for example building low cost housing in areas which flood: "Its the fact that we are still putting homes in harm's way" , "We have to stop doing dumb things." He then went on to point out the importance of insurance, not only in paying out, but also influencing what gets built where. He went on to discuss what measures government needs to take to reduce the risk, encouraging people to put in place mitigation measures, as well as action by government.

The event is available live online.