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Australia’s Economy Faces $2.2B Hit from Natural Disasters in Early 2025

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In the first half of 2025, Australia has faced a series of natural disasters that have collectively cost the economy approximately $2.2 billion, according to a recent Treasury analysis. Events such as Cyclone Alfred and extensive flooding in Queensland and New South Wales have significantly impacted retail trade and household spending, highlighting the economic vulnerabilities associa... https://crafmin.com/natural-disaster-economic-impact-australia-2025/

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