Original article by Ryan Cropp
The Australian Financial Review – Page: 1 & 4 : 16-Sep-25
Prime Minister Anthony Albanese says the Australian Climate Service’s National Climate Risk Assessment report is a "wake-up call" for people who still question the need for action to address climate change. Amongst other things, the report has warned that climate change could potentially result in heat-related deaths rising by more than 400 per cent, while property values could fall by more than $600 billion by 2050; it also concludes that more frequent heatwaves could result in employers losing 2.7 million additional days of work by 2061. The Australian Chamber of Commerce & Industry’s CEO Andrew McKellar says governments must strike an appropriate balance between science and economics.
CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN CLIMATE SERVICE, AUSTRALIAN CHAMBER OF COMMERCE AND INDUSTRY