At an event in Brisbane, Treasurer Chalmers said the government’s five priorities for the upcoming budget, including recovery efforts from Cyclone Alfred, addressing the cost of living, improving healthcare, investing in education, and boosting economic competitiveness.
“As of yesterday, 63,600 insurance claims had been lodged, with early modelling suggesting losses covered by the Cyclone Reinsurance Pool are around $1.7 billion,” the treasurer said.