A597,

Any compulsory payment to a government fund is a tax.

If a national flood insurance is not compulsory, those not in danger of flooding will simply not buy it, leaving once again only those at risk with huge premiums.

Hasbeen/Shadow Minister thank you both.
Your fiscal responsibility is on display.
Your concerns for the victims past present and future.
It seems you are a help to regional growth by reminding us we should rebuild some where else.
Showing us the difference between Abbott's permanent tax on business, lets not call it a levee, for rich women to have children is forever but much needed.
And helping to pay for recovery is not.
For reminding us the proposal is to waste the money paying for government things, like water power roads schools hospitals , all that stuff we do not need, or do we?
However most of all, at a time my party is not on its game, thanks awfully for showing us why yours can not be trusted have a great weekend, some will not but who cares.

Oh Belly can't you get off your party horse for once ?

It has got nothing to do with party horse it is common sense. All you do is condemn ideas ,you don't come up with anything yourself.
Maybe you are waiting for Abbott to put more than three words together so you can have some guidance. A couple of cyclones in the area now, which may be a concern.

A597
Huh ?

I deliberately started this thread as a separate one from the flood tax, and to this end have avoided politics, however, belly and a597 have been unable to resist having a go.

The issue here is that there are thousands of houses that have been built on a flood plain.

The options are:
1 pay a hefty premium, if the insurance companies are prepared to insure,
2 Accept that the houses will be flooded every 40 years or so, or
3 Flood proof the houses by:
A - Building or expanding the dams
B - building levies to protect the houses
C - Building the houses to be flood proof (ie on raised foudations)

I believe that option 3C is by far the cheapest and easiest to implement without scrapping all the houses and infrastructure.