Labour party pledges for an emergency response fund revamp

2 min read | January 12, 2022 06:45 PM AEDT | By Sukriti Nair

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Labour party pledges for an emergency response fund revamp — Image source: © Toa555 | Megapixl.com

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Highlights

Australian elections are due this year and Labor party, in its latest pitch, is promising a revamp of the emergency response fund.

According to various BOM reports Australia is still under the effect of La Niña.

The Labor has vowed to replace the existing scheme by a disaster ready fund.

Labour government is all gaga to revamp the existing AU$4.7 billion emergency response. The peg is to commit about AU$200 million a year towards disaster prevention and resilience. Party leader Albanese has also talked about using the interest from the fund, to improve Australia’s disaster preparedness.

How does Albanese want to revamp disaster preparedness?

Albanese has talked about using the disaster fund money towards prevention and preparedness.
The funds available according to him must be used for building sea walls, cyclone shelters, evacuation centres, and on better telecom connect.
Giving the statistics Albanese believes the coastal defences need almost an AU$30 billion boost to prevent Australian coastal line homes from getting dismantled by a disaster.

Do read- Will Omicron wave impact 2022 Australian federal election?

How has the federal government been using the fund?

Back in 2019, when the government had established the emergency response fund, most of it was targeted towards recovery and mitigation instead of prevention.
Adding on, in the 2021 budget, the Federal government announced a ‘Prepare Australia fund’, committing AU$600 million for a span of six years towards disaster resilience.
However, the Labor party accuses that the Morrison government has not completed any disaster prevention project yet. Rather, it has been focusing on generating investment returns for the government.

Bottom line

With the ongoing impact of effect of La Niña adverse weather events are still a threat to Australia. Thus, the Labour party’s pitch to be prepared and prevent disasters and damage looks like a valid pitch to many.

Also Read- 2022 : A major year for Australia with elections around the corner

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