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Franking credits to erosion: Fund manager's new battle


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A fund manager who campaigned against Labor s franking credits in 2018 has joined a grassroots fight against Noosa Council s climate strategy.
ASX-listed Wilson Asset management chairman Geoff Wilson worries the values and insurance costs of his and other Sunshine Beach properties will be hit under proposals in the Coastal Hazard Adaptation Plan.
Noosa is one of 32 councils in Queensland developing an adaptation plan to propose ways to mitigate damages from climate change as part of the state s QCoast 2100 program.
Mr Wilson said the proposal lacked detail and was based on worst-case scenario mapping.
Along with an increasing number of locals I am concerned the council has pre-empted its proposed plans with costly and harmful planning restrictions on people s homes while doing nothing to help the local environment, Mr Wilson said. ....

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Have your say on Stormwater Management


Sunshine Coast Council
Ever wondered what happens to the rainwater that drains from your roof, driveway and yard once it leaves your property?
It’s likely that it enters Sunshine Coast Council’s extensive stormwater network, captured by a series of drains and is carried through underground pipes, before being discharged into local waterways draining to the ocean.
Environment and Liveability Portfolio Councillor Maria Suarez said council was developing its first Stormwater Management Strategy (SMS) and was now seeking community input, because everyone in the region has a role to play to manage stormwater effectively.
“Stormwater management protects our waterways from pollutants and increased or concentrated water flow, uses rainwater and stormwater as a resource and manages stormwater flood risk for the wellbeing and resilience of our communities,” Cr Suarez said. ....

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