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There is no risk at present, there is no historical risk. The new flood levels were set on the premise that the sea level would rise by 0.8m and so you needed to build above that level to be safe.

If you saw the article in API magazine about the MBRC flood and sea level rise issues the state government has finally stepped in and ordered it fixed. MBRC had assumed that climate change would cause .8m sea level rise in the next 100 years and had flagged huge parts of land that have never...