CHANGES TO DISASTER RECOVERY FUNDING ARRANGEMENT REFORMS TO SUPPORT AUSTRALIAN COMMUNITIES

CANBERRA, ACT, Oct. 9 -- The Treasurer of Australia issued the following media release:

The Albanese Government will change the proposed new Disaster Recovery Funding Framework to deliver more funding for communities after disasters, following extensive consultation.

This means more certain funding for communities across the country when they need it most.

The Commonwealth will retain the current cost‑sharing arrangements, providing up to 75percent of disaster recovery funding when certain criteria are met, because we know communities need certainty when disasters hit.

Further changes include retaining the ability for councils to claim costs under Counter Disaster Operations and revising funding activation thresholds to ensure all...