Perils pegs cost of Queensland, NSW March flooding at A$1.1bn
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Perils pegs cost of Queensland, NSW March flooding at A$1.1bn

Rachel Dalton
07 May 2021
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Photo: Alamy

Perils has estimated that the flooding that struck New South Wales (NSW) and Queensland in Australia in March will cause $A1.06bn ($780mmn) of insured damage.

The flooding that took place between 18 and 24 March has been labelled the worst in Australia for 60 years and necessitated the evacuation of 20,000 people.

The

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