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$50,000 funding to Cooma Creek for flood damage prevention.

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Gary Nairn MP Federal Member for Eden-Monaro PO Box 232, Queanbeyan NSW 2620 Tollfree NSW 1800 041 539 Ph: (02) 6297 3952 Fax: (02) 6297 5768

Press Release Ref: 547 Published: 7/11/2001 Title: $50,000 funding to Cooma Creek for flood damage prevention

Federal Member for Eden-Monaro, Gary Nairn, has welcomed the increase in flood mitigation funding across NSW by the Federal and NSW State Governments.

This financial year over $12 million will be invested by all levels of Government to over 20 NSW flood mitigation projects.

An ongoing project will receive $50,000 additional funding for channel clearing, levee construction and the establishment of a low flow channel on the Cooma Creek at Cooma.

Gary Nairn welcomed the additional funding saying that it acknowledged the high flood risk in New South Wales.

Funding to reduce the impact of flooding in NSW for this year has increased by over 20% as part of the Commonwealth initiated Regional Flood Mitigation Program (RFMP).

Gary Nairn said that flooding in NSW over recent years has been a major set back to many regional and rural New South Wales communities.

“The social and economic damage of major flood events warrants the additional funding provided to the Regional Flood Mitigation Program over these next four years. The Federal contribution represents a sound investment that will produce a very significant whole of community benefit,” Gary Nairn said.

After the immediate and often widespread devastation of flooding experienced by so many across regional Australia, communities encounter prolonged social and economic hardships associated with a disruption to business and employment,” Mr Nairn said.

“It is estimated that flooding in Australia has an annual cost of more than $400 million, quite apart from the distress to families and communities.”

Funding through the Regional Flood Mitigation Program will go a long way towards protecting more lives, homes, community infrastructure, business and employment,” Gary Nairn concluded.

“Flooding has caused significant suffering and loss in these communities in the past and these

flood mitigation measures will help to prevent these problems occurring in the future.”