Floodwaters and Falling Fortunes: The Unseen Connections Between Disaster and Economic Woes The devastation in Nepal and Tibet is a heart wrenching reminder of the powerlessness that often accompanies natural disasters.
However, it's worth examining how these catastrophes can also have far reaching economic implications – particularly for nations like Australia.
Treasurer Jim Chalmers' concession that Labor's changes to property taxes played a role in falling house values is a telling admission.