17 June 2016
ICA statement on Warragamba Dam
The following statement may be attributed to Rob Whelan, CEO of the Insurance Council of Australia:
"The Insurance Council of Australia (ICA) supports the New South Wales Government’s announcement that it plans to raise the wall of Sydney’s Warragamba Dam by 14 metres.
"Detailed flood mapping held by the ICA indicates this step will help to protect tens of thousands of homes from inundation should the existing dam wall be unable to cope with a period of sustained, significant rainfall.
"The government’s decision aligns with the ICA’s consistent call for governments at all levels to invest more funds in pre-disaster mitigation infrastructure, rather than spending vastly greater amounts on post-disaster reconstruction and recovery efforts.
"The ICA will provide data and guidance to assist the government’s expert taskforce as it plans this significant investment in increasing the safety of western Sydney homes and businesses."