Know Risk is a community education program designed by the Australian and New Zealand Institute of Insurance and Finance (ANZIIF) to improve our understanding of insurance and how it relates to managing the many risks we all face in life.
Recovering from drought
What happens after the rains have fallen.
For businesses and farms, recovering from a drought can be a difficult process.
- Take inventory and understand how the drought has affected your land, livestock, crops and finances.
- Identify long-term plans and strategies for action. This may involve a 5-10 year plan of recovery and an understanding of what this may mean for your finances. You can access a drought recovery guide to assist your planning.
- Learn from your experience, update your business continuity plan, assess what you would do differently next time around.
- Find the resources and people that you need to help you in your recovery process.
http://www.qld.gov.au/emergency/dealing-disasters/drought.html - Drought management and assistance, particularly for farmers.
http://www.business.qld.gov.au/business/running/disaster-resilence-and-recovery/preparing-business-natural-disaster/drought-preparation-checklist - Drought preparation for businesses.
http://www.dpi.nsw.gov.au/agriculture/emergency/drought/recovery - Drought recovery tools.
http://www.bom.gov.au/climate/drought/ - Weather and rainfall information and drought mapping.