RACQ welcomes resilience building measures
Queensland’s largest club, RACQ, has welcomed State Government measures to help flood-affected Queenslanders improve their household resilience in the continuing face of extreme weather events.
The Queensland Government has announced a more than $700 million Resilient Residential Recovery Package that will provide Queenslanders whose homes have been flood damaged with a range of options that may include retrofitting, house raising or voluntary buy-back.
Chief Executive Officer David Carter said RACQ has long advocated for greater investment to be made in natural disaster mitigation initiatives and the Queensland Government should be commended for this bold and forward-looking program that will help avoid the vicious cycle of ‘repair, rebuild and repeat’.
“Many flood-affected homes remain in high-risk areas and any measure that improves their resilience and enables them to better withstand the next major weather event should be supported,” Mr Carter said.
“Additionally, we encourage governments to work together and include resilience standards in the building code so when the next flooding event occurs, impacted homes will automatically be built back better, in line with standards set for cyclones and bushfires.”
RACQ has moved quickly to bring in additional resources to respond to the more than 12,000 claims.
“Our assessment and claims teams will work with the State Government to support this program,” Mr Carter said.
“Our assessors fully understand how Queensland homes have been designed and built and many have also worked in the aftermath of recent cyclone and flood events that have impacted our State. That experience will help our members make the most of this form of assistance.
“RACQ will continue to support the Insurance Council of Australia’s call for ongoing multi-year investment in disaster mitigation measures to better protect households and communities from the increasing impact of climate change.”
RACQ would also support the State Government in re-introducing the cyclone resilience program in north Queensland that was discontinued due to high demand.
Related topics
-
The information in this article has been prepared for general information purposes only and is not intended as legal advice or specific advice to any particular person. Any advice contained in the document is general advice, not intended as legal advice or professional advice and does not take into account any person’s particular circumstances. Before acting on anything based on this advice you should consider its appropriateness to you, having regard to your objectives and needs.
Insurance products (excluding Travel Insurance) are issued by RACQ Insurance Limited ABN 50 009 704 152 (RACQ). Conditions, limits and exclusions apply. This is general advice only and may not be right for you. This information does not take your personal objectives, circumstances or needs into account. Read the Product Disclosure Statement (PDS) and any applicable Supplementary PDS before making a purchase decision on this product. You can also access our Target Market Determinations on this website.
Banking and loan products issued by Members Banking Group Limited ABN 83 087 651 054 AFSL/Australian credit licence 241195 trading as RACQ Bank. Terms, conditions, fees, charges and lending policies apply. This is general advice only and may not be right for you. This information does not take your personal objectives, circumstances or needs into account. Read the disclosure documents for your selected product or service, including the Financial Services Guide and the Terms and Conditions, and consider if appropriate for you before deciding.
Except for RACQ Bank, any RACQ entity referred to on this page is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Cth). That entity’s obligations do not represent deposits or other liabilities of RACQ Bank. RACQ Bank does not guarantee or otherwise provide assurance in respect of the obligations of that entity, unless noted otherwise.
RACQ Operations Pty Ltd (ABN 80 009 663 414 AR 000234978) and Members Travel Group Pty Ltd (ABN 45 144 538 803 AR 000432492) are acting as an Authorised Representative of the issuer of the insurance, Tokio Marine & Nichido Fire Insurance Co., Ltd. (ABN 80 000 438 291 AFSL 246 548). Any advice set out above is general in nature only, and does not take into account your objectives, financial situation or needs. Before purchasing any travel products, please consider the RACQ Travel Insurance Product Disclosure Statement (PDS) and the Target Market Determinations (TMDs) that apply to these products. Whilst the PDS outlines the Terms and Conditions of these products, the TMDs outline the intended class of customers that comprise the target market for these travel products. This will allow you to consider which products best suit your objectives, financial situation and needs and consider the products appropriateness to your personal circumstances. TMDs also outline matters involving the distribution and the review of these products. The PDS, Supplementary PDS and TMDs for each travel product can be found here.