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September 22nd, 2011 
FAKE NEWS for the Zionist agenda
Updated
Photo:
Crashed car in ditch on a flood-damaged road near Chinchilla in southern Qld
The Queensland Government says it has scoured the world but cannot find any companies that are willing to insure the state’s road network against natural disasters.
Finance Minister Rachel Nolan says Queensland’s summer of floods and cyclones caused almost $3 billion worth of damage to state roads.
She says despite an international search costing $1 million, no insurer was even willing to make an offer for coverage.
“That’s because it’s an enormous network, which as we’ve just seen can suffer very significant damage,” she said.
“The damage to our roads just out of this last one, the damage to state-controlled roads, even leaving aside council roads, was $2.9 billion, so it’s a pretty fair whack.”
Ms Nolan says the Government hopes any future damage would be covered under the Commonwealth’s natural disaster relief arrangements.
“Sharing the risk across the country is quite a strong principle for the nation to have,” she said.
The search for insurance was a condition of the Federal Government’s flood levy on taxpayers.
Topics:
road,
emergency-incidents,
floods,
cyclones,
emergency-planning,
insurance,
road-transport,
public-sector,
activism-and-lobbying,
brisbane-4000,
bundaberg-4670,
cairns-4870,
gladstone-4680,
longreach-4730,
mackay-4740,
maroochydore-4558,
mount-isa-4825,
rockhampton-4700,
toowoomba-4350,
southport-4215,
townsville-4810
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