Thu 6 Mar 2008
bad summer weather is hurting sydney
// category: place
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It is summer in Sydney, Australia - at least it is supposed to be. This year’s weather is the coolest summer in 50 years and has brought a significant amount of rain and hail. The result of which is a significant decline in tourism and as reported by Bloomberg, a general sense of gloom in the city:
While the La Nina weather pattern is delivering rain to farmers after the worst drought in a century, it’s cutting profits for cafe owners, travel agents and insurers. Insurance Australia Group Ltd., the nation’s largest home insurer, last week posted a sixth straight profit decline after hail storms cost it A$105 million ($97 million). The yearly `Symphony in the Park,’ which usually attracts 80,000 people, had 700 this year as the orchestra played behind a tarpaulin during a downpour.








