During january 2020, australia experienced the peak of its ‘black summer’ bushfires. And the study’s findings only show the cost to one part of the australian economy. 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.
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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.