Australia's property market could lose $571 billion in value over the next decade due to the impact of climate change and extreme weather, a new report warns.
Report author and climate risk expert Dr Karl Mallon argued billions would be lost by 2030 if greenhouse gas emissions remained high and adequate action wasn't taken. "Queensland is on the frontline of climate change impacts in Australia and the Gold Coast, Ipswich and the Sunshine Coast local government areas have been identified as amongst highest risk to extreme weather and climate change because they are very exposed to flooding and coastal inundation."
Stop cutting down trees....Plant them....
The impact of Bill Shorten’s policies will be worse.
Fake news🤣🤣🤣
Sodom and Gomorrah, the sky is falling. Sound familiar?
It'll lose more than that under the ALP Green coalition
Who writes this crap. Hilarious!
Well it won’t be down to climate change seeing as there is no conclusive evidence to suggest it even exists.
When the rich start selling their waterfront properties! Then I will worry about climate change, until then I’m calling Bullshit
Since Earth was formed we have had CLIMATE CHANGE! And some think we are going to stop or change that? Jeez. It is not the strong that will survive, it is the adaptable that will survive. And humanity has shown us that we are very good at that.
Can someone do a follow up on this speculative report in 10years.
Why do the banks continue lending money to future bankrupt lenders if this is the forecast.
The truth to the climate change scam explained in a few minutes, please watch
That's bullshit. It's more like labors plans will destroy it. Chinese investors are also to blame for property hikes.
This is a fractional of cost morons who are climate change deniers inflict on the rest of community.
Bullshite! Now show the reports that dispute this crap!