Lowering disaster risk
In March 2020, the Australian Government and state and territory governments agreed to invest $261 million into a Disaster Risk Reduction Package. It started in 2019 and ended on June 30, 2024. NEMA was responsible for managing the Disaster Risk Reduction Package.
They have subsequently funded a new Disaster Ready Fund providing $1 billion over five years from 2023.
The package aimed to:
- lower current disaster risks
- reduce future risks
- give decision-makers better risk-reduction tools and information.
National Partnership Agreement
The Australian Government set up the National Partnership Agreement on Disaster Risk Reduction.
State and territory plans
Under the agreement, the Australian government gave $104.4 million to states and territories to reduce risk:
- New South Wales Disaster Risk Reduction Fund
- Northern Territory Risk Reduction Program
- Queensland Resilience and Risk Reduction Fund
- South Australia Disaster Risk Reduction Grants
- Tasmania Natural Disaster Risk Reduction Grants
- Victoria Risk and Resilience Grants
- Western Australia National Disaster Risk Reduction
Projects of national significance
The Australian Government also invested $26.1 million on national risk-reduction projects.
There were four funding rounds.