New SGS research reveals that Sydney and Melbourne are driving the national economy, while regional areas are languishing. During 2015-16, 67.0 per cent of national Australian Gross Domestic Product growth was generated in Sydney and Melbourne – the highest level on record.
At what cost? Mapping where natural perils impact on economic growth and communities
Working with IAG, SGS has examined the population data and economic activity of all Local Government Areas in Australia and compared it with natural peril risk levels provided by the Insurance Council of Australia and IAG.