The deadly 2019 to 2020 black summer bushfires brought significant economic loss in australia that reached about au$2.8 billion, according to recent reports. The widespread and massive bushfires in australia in 2019 and 2020, known as the ‘black summer bushfires’ resulted in extensive devastation with severe economic, social,. During january 2020, australia experienced the peak of its ‘black summer’ bushfires.
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A first of its kind study of the 2019/2020 ‘black summer’ bushfires in australia eastern states has revealed that the tourism industry nationwide took an immediate hit of $2.8.
One report suggested the country’s agricultural sector, for example, took a hit of between $4bn and $5bn.
Of the more than 10 million hectares burnt in south. In a country familiar with bushfires, the ‘black summer’ which saw fires rage for. And the study’s findings only show the cost to one part of the australian economy.
