From wildfires to floods: Julia Gillard's government is raising funds to repair the infrastructure damaged by a series of calamities. Evan Collis / AP Photo
From wildfires to floods: Julia Gillard's government is raising funds to repair the infrastructure damaged by a series of calamities. Evan Collis / AP Photo

Australia down on its luck thanks to Mother Nature



It says something of the extent of disasters that have recently beset Australia that it has run short of one commodity never typically in short supply - insurance loss assessors.

One of the country's biggest general insurers, Suncorp, has brought in six assessors from the US, with another 10 expected to arrive this week to assess the cost of damage wrought by Cyclone Yasi, which ravaged coastal and inland north Queensland last week.

Yasi has capped a summer of flood, fire and storms that have unfolded mercilessly across the continent; just as the floods of southern Queensland were subsiding, heavy rains and inundation hit the southern state of Victoria; and just as this threat diminished, Yasi hit the north Queensland coast. A little after Yasi's passing, parts of Perth, in the country's west, suffered severe wildfires.

The so-called Lucky Country has one of the strongest economies in the developed world, and one of its lowest jobless rates. It has been arguably the biggest beneficiary of the global commodities boom of the past decade, shifting all manner of minerals and agriculture to its most voracious customer, China.

Not to diminish the strife that such disasters have caused, Australia's accumulated wealth can pay for the damage, vast as it has been. The country has no natural disaster fund to dip into, but is now looking at either massaging its federal budget or setting up a nationwide tax levy to pay the summer's diverse calamity bill.

Julia Gillard, the prime minister, has announced a US$1.8 billion (Dh6.61bn) levy, budget cuts and deferrals worth $3.8bn to raise the $5.6bn the federal government owes to repair infrastructure damaged by the floods in Queensland and Victoria.

The levy is contentious, but will probably pass through parliament. It applies only to those with incomes above $50,000 and will last for 12 months. The full cost of Cyclone Yasi will not be known for some time, but it is expected to dwarf the $1.5bn damages bill for Cyclone Larry in 2006.

Larry devastated a sharply defined area but Yasi has been far more widespread, leaving damaged roads, infrastructure, agriculture, housing - and the tourism industry - in its wake. The cost incurred to agriculture, mining and local government is expected to be at least $2bn, according to experts.

All the same, the Queensland government has vowed that flood and cyclone-hit local councils will get advance payments to fund infrastructure repairs. Under natural disaster relief arrangements, 75 per cent of the money needed to fix infrastructure will come from the federal government, with the rest funded by the state.

Relief is coming from some varied quarters. Woolworths, one of the country's biggest supermarket chains, has already paid banana growers $4 million in retrospective payments to help compensate them for crop damage caused by the cyclone. The extent of damage to the sugar crop, another big industry in the cyclone-ravaged areas, is expected to be severe.

As for the losses from the Queensland floods, total estimated insurance claims are now at $1.51bn, according to the Insurance Council of Australia. Its members had received 38,460 claims up to January 30, the vast majority coming from urban Brisbane and regional Queensland.

The cyclone, at least, does not appear to have done significant damage to mining companies and their transport facilities. Xstrata, the diversified miner listed in London, says it has already re-started production at its Mount Isa and Cloncurry mining operations. But it is still assessing whether the cyclone caused any damage to its Townsville copper refinery and port operations.

The smuggler

Eldarir had arrived at JFK in January 2020 with three suitcases, containing goods he valued at $300, when he was directed to a search area.
Officers found 41 gold artefacts among the bags, including amulets from a funerary set which prepared the deceased for the afterlife.
Also found was a cartouche of a Ptolemaic king on a relief that was originally part of a royal building or temple. 
The largest single group of items found in Eldarir’s cases were 400 shabtis, or figurines.

Khouli conviction

Khouli smuggled items into the US by making false declarations to customs about the country of origin and value of the items.
According to Immigration and Customs Enforcement, he provided “false provenances which stated that [two] Egyptian antiquities were part of a collection assembled by Khouli's father in Israel in the 1960s” when in fact “Khouli acquired the Egyptian antiquities from other dealers”.
He was sentenced to one year of probation, six months of home confinement and 200 hours of community service in 2012 after admitting buying and smuggling Egyptian antiquities, including coffins, funerary boats and limestone figures.

For sale

A number of other items said to come from the collection of Ezeldeen Taha Eldarir are currently or recently for sale.
Their provenance is described in near identical terms as the British Museum shabti: bought from Salahaddin Sirmali, "authenticated and appraised" by Hossen Rashed, then imported to the US in 1948.

- An Egyptian Mummy mask dating from 700BC-30BC, is on offer for £11,807 ($15,275) online by a seller in Mexico

- A coffin lid dating back to 664BC-332BC was offered for sale by a Colorado-based art dealer, with a starting price of $65,000

- A shabti that was on sale through a Chicago-based coin dealer, dating from 1567BC-1085BC, is up for $1,950

Tell Me Who I Am

Director: Ed Perkins

Stars: Alex and Marcus Lewis

Four stars