I was half hoping no one would raise this nasty. You're right. And many of them are uninsured because they live in flood prone areas and are, therefore, by definition uninsurable. But what do you do when everything you have, house and possessions, is destroyed. A $15,000 handout from the govt won't do a great deal.
It must also be very frustrating for people who have been in isolated pockets of flooding (6 to 20 homes effected - like in the Illawarra floods in the late 90's) over the last 20 years to see the amount of money flowing in when they got very little to nothing. _____ From: email@example.com [mailto:firstname.lastname@example.org] On Behalf Of mark worrall Sent: Friday, 28 January 2011 9:00 AM To: email@example.com Subject: Re: [BTMO] Flood levy I guess the lesson is dont waste your money paying for insurance as the council will pay through a relief fund, and the govt will levy money, from those who did pay for insurance (and who paid higher premiums because of those who took the risk and didnt get insurance and got burned). Same happened with the NSW bushfires. On Thu, Jan 27, 2011 at 2:49 PM, Marcus Chantry <marcus.chan...@macquarie.com> wrote: Had to laugh at this comment that someone put up on the SMH website about the flood levy: So.... swany and co blow the surplus on dodgy insulation schemes and throwing $900 to dead people, non australians and bogans to buy a plasma tele's, smokes and pokies and then demand everyone pay it back because suddenly the kitty is bare for infrastructure rebuilding? Priceless economic mismanagement by a group of labor hacks that have never even run a school canteen The information contained in this email is confidential. If you are not the intended recipient, you may not disclose or use the information in this email in any way and should destroy any copies. Macquarie does not guarantee the integrity of any emails or attached files. The views or opinions expressed are the author's own and may not reflect the views or opinions of Macquarie. -- Boo! Thick Mick Out! -- Boo! Thick Mick Out! -- Boo! Thick Mick Out!