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Continuing story · 1 report

Australian coastal property sea-level risk study

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Where it stands

A study led by University of Melbourne researcher Tom Kompas projects that sea-level rise could damage or destroy more than 267,000 Australian coastal properties by 2100, costing $855 billion; it identifies the Gold Coast as the most exposed city, with $84 billion in projected losses. The report says standard insurance policies will not cover losses from coastal inundation and erosion; the assessment’s 2100 horizon remains ahead.

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Story trackerDay 1

1 report27 outlets31 sources1 video

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  1. Update 1$855 Billion and Nowhere to Claim: The Sea Is Coming for 267,000 Australian Homes

The story so far

  1. Update 1

    $855 Billion and Nowhere to Claim: The Sea Is Coming for 267,000 Australian Homes

    A first national assessment puts 267,000 homes and two million hectares at risk by 2100 — and standard policies exclude the sea that takes them.

    Still open after this report

    • No public property-level map of which 267,000 homes go first, or in which decade the losses accelerate.
    • No settled mechanism for who funds managed retreat, buybacks, or uninsurable erosion.

History

  1. Opened1 report

Who's involved

People

  • R. Quentin Graftoneconomist (Australian National University)1 report
  • Tom Kompasresearcher1 report

Places

  • AustraliaAustralia1 report
  • Gold CoastGold Coast QLD, Australia1 report
  • Northern TerritoryNorthern Territory, Australia1 report
  • QueenslandQueensland, Australia1 report
  • Western AustraliaWestern Australia, Australia1 report

Every outlet we read on this story

31 sources27 outlets1 video1 wire copy