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economic impact of the floods

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  • 25-01-2011 8:49am
    #1
    Poly
    Registered Users Posts: 1,807 ✭✭✭


    I’ve been following the devastation caused the floods.



    What is the opinion on the ground on the affects the on the wider economy?


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    #2
    Zambia
    Closed Accounts Posts: 7,333 ✭✭✭Zambia


    I could not find a bag of spuds today for less than 6 Bucks....

    We are all doomed

    Insurance will go up

    There is talk of a tax rise.

    Food fruit & Veggies will go up for sure.


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    #3
    PirateShampoo
    Registered Users Posts: 4,406 ✭✭✭PirateShampoo


    "Professor, without knowing precisely what the danger is, would you say it's time for our viewers to crack each other's heads open and feast on the goo inside?" Professor "Yes I would, Kent."


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    #4
    gonedrinking
    Closed Accounts Posts: 810 ✭✭✭gonedrinking


    Levy of 0.5% for most people, apart from those affected by the flooding. Why are they getting away with it? Its like the property crises in Ireland all over again, in that the people who made silly decisions (by buying property in areas of constant flooding) get off scot free, while the rest of the country has to pick up the pieces and foot the bill. Fcuking disgrace.


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    #5
    Vorsprung
    Registered Users Posts: 2,815 ✭✭✭Vorsprung


    gonedrinking wrote: »
    Levy of 0.5% for most people, apart from those affected by the flooding. Why are they getting away with it? Its like the property crises in Ireland all over again, in that the people who made silly decisions (by buying property in areas of constant flooding) get off scot free, while the rest of the country has to pick up the pieces and foot the bill. Fcuking disgrace.

    In fairness, the CBD of Australia's 3rd largest city is in a flood prone spot. Also, Toowoomba is on top of a mountain. Some things were just outside people's control, though take the point for some lower lying residential areas.


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    #6
    red menace
    Closed Accounts Posts: 1,462 ✭✭✭red menace


    gonedrinking wrote: »
    Levy of 0.5% for most people, apart from those affected by the flooding. Why are they getting away with it? Its like the property crises in Ireland all over again, in that the people who made silly decisions (by buying property in areas of constant flooding) get off scot free, while the rest of the country has to pick up the pieces and foot the bill. Fcuking disgrace.

    Article from RTE

    http://www.rte.ie/news/2011/0127/australia.html

    It reads to me like a levy to offset the loss to GDP from the coal mines that cannot operate and the farmland lat will not produce anything this year or probably next year


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    #7
    Zambia
    Closed Accounts Posts: 7,333 ✭✭✭Zambia


    The irksome part of a new tax is a few weeks ago many of us dug deep and gave to the appeal. Only less than a few weeks later they say we are going to take money of you anyway.

    Its not that heavy a tax on my measley income it will be less than a cup of coffee a week.


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