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Suncorp CEO Steve Johnston included the South Rockhampton flood levee in his pre-budget submission to the Federal Government asking that more money be spent on proactive, rather than reactive, natural disaster mitigation projects.
In the January 29 letter addressed to Assistant Treasurer Michael Sukkar, Mr Johnston said Suncorp’s climate change analysis predicted “heightened risk across the different natural perils … leaving countless communities dangerously exposed.”
To save money and reduce “the incidence of suffering and loss of life”, he urged the government to increase emergency mitigation funding in its 2021-22 budget.
“Suncorp acknowledges the $50 million annual allocation in the