Drought: Australia has experienced the worst drought on record in recent years, wiping out billions of dollars in crops, livestock and farming yields with implications for domestic production and export

Bushfires: In 2019/20 bushfires burned more than 8 million hectares of Australian land, impacting homes, businesses and whole industries at an economic cost estimated to be in the billions of dollars

COVID-19: In this same year, global pandemic COVID-19 was revealed with devastating impacts to global and local economies that will be felt for many years to come.