Flood Mitigation for Lismore's Future | Adelaide News

Business leaders in northern NSW are urgently calling for flood mitigation engineering, like detention basins, to save the region’s economy—after 2022’s billion-dollar floods left businesses reeling. With insurance vanishing and investment stalled, the Lismore Alliance warns flood risk is now the top barrier to recovery, impacting property, staff, and finances. One shop owner shut down for three months and laid off workers; a bank faces a $4 million repair bill and can’t get insurance. CSIRO modeling shows up to 10 basins could cut flood levels by 2 meters, and the NSW and federal governments have pledged $3 million to study the plan. The NSW Reconstruction Authority will lead the review, aiming to restore affordable insurance and attract investment back to Lismore.

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